hero background shape
Young businesswoman professional employee using pc doing online banking analysing at workplace. Asian middle-aged business woman working on laptop computer in office, taking notes. Banner, copy space
Use Case

Month-End Close Automation

Finance leaders can shrink cycle times without losing control. With Alteryx One, messy ERP data becomes governed workflows that enforce policies, streamline reconciliations, and deliver real-time visibility for faster, more confident decisions.

Unlock Better Outcomes for Month-End Close

Closing the books every month is an exhausting race against time. Only about 53% of companies finish within 6 business days, and even fewer succeed quarterly, according to Ventana Research. Manual reconciliations drag on, intercompany eliminations stall progress, and status updates are pieced together through ad hoc spreadsheets and emails. Controllers and CFOs must balance accuracy with audit compliance, but the reliance on fragmented processes forces trade-offs that slow reporting and frustrate staff.

Manual reconciliations

Finance staff waste hours on spreadsheets, increasing errors and missed deadlines.

Disparate
systems

Data structures across ERPs, subledgers, and Excel rarely align, slowing consolidation.

Journal
bottlenecks

Recurring entries and eliminations pile up, consuming valuable time and adding risk.

Limited
visibility

Close status is tracked through informal updates, leaving leaders without clear control.

How Alteryx One Powers This Use Case

Alteryx One brings order to financial close chaos. Data is connected across ERPs, subledgers, and spreadsheets, then standardized with account structures and enriched metadata. Automated reconciliations surface exceptions instantly, routed through governed workflows. Configurable rules enforce accounting policies, while dashboards provide real-time task tracking, audit trails, and risk alerts. Collaboration across accounting and finance is seamless, giving leaders both the transparency and efficiency they need to deliver a faster, compliant close.

Integrated data access

Connect ERPs, subledgers, and spreadsheets into a single governed environment.

Automated workflows

Reconciliations, journal entries, and consolidations flow automatically with approval logic.

Advanced analytics & AI

Structured financial data supports AI-ready reporting and predictive insights.

Governance

Built-in audit trails and policy enforcement ensure compliance at every step.

 

From Data to Business Value: How It Works

Your data inputs
  • ERP general ledgers with varying chart of accounts
  • Subledger detail for AP, AR, and fixed assets
  • Excel spreadsheets with accruals and adjustments
  • Multi-entity, multi-currency transaction data
What Alteryx does
  • Standardizes account structures, currencies, and cost centers
  • Applies reconciliation matching rules automatically
  • Prepares recurring journal entries based on thresholds
  • Consolidates multi-entity data with intercompany eliminations
  • Tracks every step with automated audit logs
How it works for you
  • Accountants resolve exceptions quickly with workflow-driven alerts
  • Controllers gain clear dashboards of task status and risks
  • CFOs receive faster, audit-ready reporting
  • Teams collaborate across regions without spreadsheet dependence
 

Business value & ROI

Close cycles shortened from weeks to days

Accuracy improves with reduced manual entry errors

Compliance strengthened with complete audit trails

Finance teams shift time from manual work to analysis

 

How Teams Like Yours Turned Challenges into Success

Customer Success Stories - DoorDash uses Alteryx AI Data Analytics. Customer Success Stories - DoorDash uses Alteryx AI Data Analytics.

25,000 hours

Annual time savings with automation


“I can’t imagine a world without Alteryx, without a tool that’s no-code, that’s so easy to train on, is so easily scalable.”

Sr. Manager for Revenue Data
DoorDash

 
 

Related Use Cases

 
 

Regulatory Risk Reduction

Learn More
 
 

Procurement Analytics

Learn More
 
 

Sales Tax Compliance

Learn More
 
 

Reconciliations

Learn More
 

Explore More Alteryx One Resources

 
Customer Story
Mitsubishi Corporation Automates Financial Anomaly Checks With Alteryx
  • Finance
  • Technology
Learn More
 
Datasheet / Brief
Moving from Spreadsheets to Automated Analytics
  • Finance
  • Financial Services
Read Now
 
Customer Story
FWD Insurance Transforms Finance Operations with Alteryx Analytics Automation
  • Finance
  • Financial Services
Learn More
 
E-Book
5 Ways Tax Professionals in Financial Services Can Take Back Their Time
  • Finance
  • Financial Services
Read Now
 
Customer Video
Vivo Telefonica doubles risk avoidance rate with Alteryx
  • Finance
  • Alteryx Designer
  • Telecommunications
Watch Now
 
Customer Story
DoorDash Accelerates Revenue Data Management and Accuracy with Alteryx Analytics Cloud
  • Analytics Leader
  • Finance
  • Alteryx Analytics Cloud
Learn More
 

Why Choose Alteryx One?

 

What Are the Month-End Close Automation Capabilities Unlocked with Alteryx One

 
Data standardization

Alteryx cleans and aligns account structures, currencies, and cost centers. This consistency reduces errors and makes reconciliations far more dependable.

 
Workflow automation

Journal entries and reconciliations run automatically through governed workflows. Teams reduce repetitive tasks and improve cycle speed.

 
Exception Management

Rules-based exception handling highlights discrepancies instantly. Finance staff resolve issues faster, avoiding bottlenecks.

 
Real-time visibility

Dashboards track every entity, account, and task in real time. Leaders gain the transparency needed to ensure compliance and timeliness.

 
Audit readiness

Every reconciliation, approval, and adjustment is logged automatically. This strengthens SOX compliance and simplifies external audits.