Tight deadlines, increasingly complex tax laws and ever-increasing data volumes are the daily challenges facing corporate tax departments. The simplification and automation of time-intensive, repetitive tasks and processes is a remedy for this. With Alteryx, Tax Technology Alliance Partner of KPMG, such tasks can be solved efficiently and without much prior knowledge.
Alteryx is a powerful, flexible and easy-to-use platform that enables tax departments to automatically and accurately capture large amounts of data, evaluate them for tax purposes, saving time and money. The features of the software solution in detail:
1. Data preparation: Transfer of unstructured data into a usable form through data cleansing, standardisation and merging
2. Data analysis: Over 300 code-free and code-friendly tools and functions allow detailed analysis of large data volumes
3. Data presentation: Simple and intuitive presentation of results as a basis for decision-making and the automatic generation of standardised reports
4. Process automation: Comprehensive solution for automating processes
5. Integration capability: Comprehensive data overview through integration into a wide variety of data sources and systems. Over 70 connectors directly available, for example to ERP systems or individual Excel files
Christian Stender
Partner, Tax, CTO Tax; Head of Tax Innovation & Technology
KPMG AG Wirtschaftsprüfungsgesellschaft
Many of our customers face an increasing amount of data from very different, often incompatible data sources in many tax areas. The Alteryx platform enables quick and easy access, straightforward preparation, transformation into comparable data sets and use as part of different analyses. At the end, there are meaningful results - many customers are already impressed.
Options for use
Alteryx can generally be used in all departments of a company. There are many opportunities of use in the tax department. Examples include the automation of VAT/pre-tax sampling, an end-to-end automation of the processes for pricing and monitoring of target margins in the area of transfer pricing, customs data analysis, automated country-by-country reporting, the preparation of data as part of the land tax declaration, data transformations and the creation of management reports to improve data quality.
Overall, the software facilitates accelerated processes with low susceptibility to errors - without any programming knowledge.
As part of our cooperation with Alteryx, we are happy to support you with the following services:
Consultancy: Definition of the right use cases and solutions for your business
Optimisation of tax processes: Effective use of Alteryx and ongoing process improvement
Implementation: Effective implementation of workflows
Integration: Integrate Alteryx into existing systems and processes to ensure seamless use
Training and support: Training and workshops to prepare for the use of Alteryx, support with questions and problems
Best Practices: Presentation of and advice on Best Practice approaches when using Alteryx
Visit our free hackathons
As a service for interested parties, we regularly organise free hackathons in our innovation room in Frankfurt am Main. Gather practical experience in dealing with Alteryx and obtain first relevant use cases for your individual tasks. Here you can find more information and the option of logging in directly.
Get in touch. We look forward to continuing our business relationship with you.
