Case Study: a Fortune 500 payment technology and services company cuts data aggregation time by more than half with Grant Thornton automation

Fortune 500 Payment Technology and Services Company cuts data aggregation time from 3.5 weeks to 1.5 weeks with Grant Thornton LLP

The customer, a Fortune 500 payment technology and services company, faced a burdensome and time-consuming data aggregation process following a period of significant M&A activity. It took four staff members approximately 3.5 weeks each month to consolidate data for indirect tax compliance, which forced the company to report a month in arrears. Vendor Grant Thornton LLP was engaged to evaluate and relieve this process.

Grant Thornton leveraged the company's existing Alteryx licenses to create 15 automated workflows, which handled a substantial portion of the monthly data aggregation and consolidation. The firm also upskilled the client's staff to run these new workflows. This solution implemented by Grant Thornton reduced the data processing time from 3.5 weeks to just 1.5 weeks, saving two weeks per month and allowing the redeployment of additional staff to other duties.