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Industry Discussions

A dedicated space to share resources, connect with like-minded data workers, and discuss industry specific analytic challenges + solutions.

Likelihood of smaller accounting firms utilizing Alteryx

Andrew15tha
5 - Atom

I'm an accounting student who's currently learning about the many capabilities of various software, Alteryx being one of them, I understand that larger firms would most likely make use of advanced software such as Alteryx but are smaller firms using it as well?

patrick_mcauliffe
14 - Magnetar
14 - Magnetar

As a consultant, I've seen it deployed in a wide range of organizations. 

Some only have one or two licenses, or some get just a server.  

The base package is well worth the investment for most organizations that need the tools it supplies and the efficiencies it creates.

jamielaird
14 - Magnetar

Hi @Andrew15tha ,

 

Alteryx is certainly more common in larger accounting firms, but in my opinion small to medium sized firms of any type are where it can have the most dramatic impact.

 

These smaller companies tend to have less mature data and analytic operations, and rely on manual Excel-based processes, and using Alteryx is a great first-step for automating these processes. With the time saved, they can move into higher value types of analytics like building predictive models.


I've worked on consulting projects with small to medium sized accountancy firms which have done amazing things using Alteryx. Check out Brookson for a bit of inspiration:

 

https://community.alteryx.com/t5/Alteryx-Use-Cases/Brookson-Innovates-to-Differentiate/ta-p/378547