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How is Alteryx used by accounting firms?

Alteryx is a software tool that allows users to easy manipulate large sets of data and perform analytics. Alteryx is commonly used by accounting and audit firms to manipulate the client’s data to facilitate certain audit tasks.

The audit team would create custom workflows, which can then be used to reperform certain tasks on a recurring basis (either for the current audit period or future audit periods). Additionally, Alteryx is used by the advisory group to organize data and perform complex analytics (e.g. retention rate for technology companies).

The image below is an example Alteryx workflow.


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