Logo - Keyrus
  • Playbook
  • Services
    Advisory & License Sales
    Data Management
    Business Intelligence
    Cloud
    Training
  • Insights
  • Partners
  • Careers
  • About us
    What sets us apart
    Company purpose
    Innovation & Technologies
    Committed Keyrus
    Regulatory compliance
    Investors
    Management team
    Brands
    Locations
  • Contact UsJoin us

Automating tax processes for an international bank

2

weeks per month of manual effort saved

5

monthly average mistakes eliminated

Background

A multinational financial services organization turned to Keyrus for assistance in improving their data processes as well as how they present their analysis.

Challenge

The organization wanted to improve the process for real-time tax provision forecasting. Prior to this project, the process required significant manual time for creating visuals in Excel, manually analyzing and checking to see the largest variances, and then highlighting those in an ad-hoc section of a PowerPoint. This was long, tedious, manual, error-prone work, and it was expected to be done monthly.

Approach

• Created an automated, repeatable process using Alteryx to ingest the data from the different teams and create a data source that the new Tableau dashboard would connect to directly • Created a Tableau dashboard to highlight tax variances, enabling users to drill into details to understand the drivers of these variances • Trained the internal team to ensure they could support the new solution

Key results

01
Removed the need to format and manually build the report each month
02
Significantly reduced the risk for human error in reporting
03
Increased efficiency for end users

Benefits

The resulting process is more efficient, scalable, and has a much lower risk for human error. The company saves two weeks per month of manual effort and eliminated the average five monthly mistakes that slowed down reporting. The c-level can also drill into the numbers to better understand forecasting changes without relying on the operations team to take time to explain results. Overall, the organization has significantly more confidence in their data.

Technology partners

Alteryx

Alteryx automates analytics, data science, and processes in one unified platform to accelerate digital transformation. Organizations rely on Alteryx to rapidly upskill their workforces and deliver strategic, high-impact, business outcomes.

120+

certified consultants

8+

years of partnership

Share this key play

whatsapptwitter
linkedinfacebookworkplace

More key plays

IFS Africa’s management reporting in minutes
Progressive BI analytics routed in complex data modeling at healthcare leader
Technical management solution at medical scheme leader
Bridging the gap between Grindrod’s engineering data and business information
Improve business planning with a revolutionary commercial forecasting solution
Keyrus instills data culture through consultative training
Logistics data automation at a large retailer
Keyrus implements industrial data integration solution for logistics giant
Building BI capability and competence at a charity organisation
Fully automated self-service analytics at Africa’s leading producer of alcoholic beverages
Logo - Keyrus
Durban

10 Flanders Drive Mt Edgecombe 4302 Kwazulu Natal

Phone:+27 87 350 8860