Success Stories
arieotech’s expertise in technology is geared towards delivering actionable business insights. Being able to generate meaning from the reams of data created and stored as end-users interact with products and applications every day is at the heart of business intelligence and arieotech’s data warehousing and management experts enable just that. In our recent work with a tax and audit firm, we created an enterprise data warehouse, automated business intelligence processes and provided benefits to business through our error-free and quick-to-process reports.
A leading accounting firm based in the US, this company offered over 9 types of services to its 11000 clients. The services it offered ranged from accounting and finance, human resources, technology, risk and information security, and wealth advisory. Such a high volume of data—spread across so many service functions—brought with it its challenges. Multiple data sources such as Excel spreadsheets, API, SQL Databases servers, on-premises servers and cloud-based accounting software applications meant data formats, too, were inconsistent. The use of manual processes to analyze and draw insights from this data took several working days.
Gleaning best business insights from multiple data sources using disparate data formats, through manual processes was locking up employee time in unproductive pursuits. Typically, it took 2 days for the data to sync across data sources, and if there was a data issue, it took almost a week to fix and bring the system to a stable state. Was there a way to streamline data for ease-of-use while generating quick and illuminating business insights?
Our team of experts built a data warehouse that functioned as a one-stop unified repository for all of the data the company had and needed. Apart from setting up an automated data warehouse, they extracted the company’s enormous but disparate database, transformed it to make it consistent in format, and loaded it into the warehouse. Setting up automated processes like these removed the inherent risks of manual data entry. Compliance was also easier to prove since transparent trails for data validation and auditing were built into the warehouse.
Apart from instituting processes for automated data transfer to this warehouse all of the time, they ensured that all the data was stored in ways that were BI-compatible. This made analyzing and visualizing that data to uncover crucial business insights easier: it was now possible to identify trends that would get buried in complex reports, in a matter of minutes.
This meant that business intelligence reports were now available 70% faster, helping leaders make quick decisions to enhance productivity and increase profits by 20%.
Within the tax and audit industry, the benefits of data warehousing and management are well-established. For an industry in which even minor data deviations can have grave financial repercussions, the criticality of data collection functions cannot be overestimated. The tax and audit company we worked with sensed this critical need and was invested in figuring out ways to ensure quick access to error-free data to guide important business decisions.
A leading tax and audit company, this business was facing some challenges regarding their data systems. Data was scattered across different systems, raising the time required for effective data collection. The possibility of errors was high since data had to be collected across different sources using manual effort. This reliance on manual effort took away valuable time away from analysts. Decision-makers also lost time as report creation took several days since data had to be extracted and analyzed manually.
Our experts at arieotech provided an easy solution through their expertise in data warehousing and management. All historical data was now stored in a unified space as our team created smooth pipelines to move data from the Online Transactional Processing (OLTP) to the data warehouse. Such a transfer meant that end-customers could continue using the platform without any compromise on speed, while analysts got access to pools of latest and historical data all in one go. Such a unified data warehouse was built using Azure SQL Server, SQL Server Management Studio.
Not only was the data now available in one place, but it was also all available in a convenient format: oriented towards better reporting. Since interpretation of this vast pool of data was key, our team helped create dynamic, interactive and attractive reports using Power BI, and MS Excel with added user level security. These reports provided a condensed summary that could be assimilated in minutes. Through the deployment of such technologies, our team ensured end-to-end automation such that all key players got access to real-time data through ready-to-use reports and intelligence.
Time-efficiency improved since there was no significant gap between data recording and report generation as using real-time data to respond quickly to changing business landscapes was now possible. For example, tax professionals no longer had to rifle through spreadsheets or unconnected systems for relevant data, when undertaking different tax planning processes. Employees were free to focus on tasks that needed higher-order thinking. Customer satisfaction was enhanced as their behavior and needs were determined more efficiently.
arieotech provided automation geared towards business efficiency and informed decisions. Make better business decisions by talking to our data warehousing and management experts now.
Copyright© 2024 arieotech. All rights reserved