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A multinational investment bank is one of the world’s leading financial service organizations. Despite advancements in digital, the organization continued to rely on manual processes. They were Excel-based and dependent on Microsoft Access for database needs. They also lacked a data governance framework, making it difficult to standardize processes and ensure data quality. As data volume continued to grow, they knew they needed to implement a modern, more efficient solution.
Their objectives were to:
Save time and reduce full-time employee cost
Reduce errors
Create auditable, automated workflows with key operating procedures (KPOs) to eliminate key person dependency
Turn use cases into apps for company-wide use
Drive direct-from-source automation
Implement a data governance model
Enable the Alteryx user community
The organization turned to Keyrus for guided Alteryx development. Two of our Alteryx experts joined their team to onboard employees to the tool and assist with enablement by working with them on identified use cases in need of automation. The company had a list of 160 use cases across different departments, such as finance, treasury, tax, and risk. Employees could book time with our consultants for assistance with enablement and development.
Our team helped the company implement an Alteryx workflow called Automated Alteryx Documentor, which inputs the workflow XML and parses the information to create an organized report of distinct data sections for each stream of tools. The output of the Auto Documentor is a PDF that tells the story of the workflow. We customized it specifically for the organization so that they no longer have to manually compile Key Operating Procedure (KOP) documents for each use case.
After just five weeks, our team helped the organization complete 14 use cases equaling the work of 1.5 full-time employees per year and an ROI of 275%. Ten workbook processes were replaced, and as a result of training and support, the organization now has five subject matter experts to continue their work.
With 16 use cases still in progress, the company will save an additional 1 full-time employee yearly effort.
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The Keyrus team is excited to announce that we’ve been named one of the top 1000 companies on Clutch’s platform in 2022! This is the second year that Keyrus has been recognized by Clutch as a top company and B2B leader.
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