Analytics cloud platform company Alteryx has announced that its decision intelligence and intelligent automation capabilities are now available on Amazon Web Services (AWS).

The capabilities have been developed to enable chief financial officers (CFOs) and other finance executives to use cloud and data analytics as strategic tools for their modernisation missions.

According to Alteryx, its intelligent automation capabilities available on AWS will optimise the benefits of the cloud for the office of finance teams.

The finance teams will be allowed to modernise processes to support them solve more complex data problems as well as adapting to the changing market environments.

By utilising the power of AWS, Alteryx offers an environment where technologies such as artificial intelligence (AI), machine learning, data science, robotic process automation, and blockchain to help CFOs rapidly use new technology right away.

AWS automation worldwide head Madhu Raman said: “With Alteryx Analytics Automation powered by AWS, finance teams can innovate and modernise tax and audit processes with automated self-service analytics that streamline and accelerate traditional compliance work.

“Organisations can benefit from templates that help data analysts and line-of-business users to use, customise, extend, and integrate enterprise data with intelligent automation workflows that assist with record to report, procure to pay, and order to cash processes.”

The company also offers an automated process for connecting and integrating various data sources to allow finance teams to quickly process and transform huge amounts of data. This will help them to generate reports in less time.

Besides, Alteryx delivers a self-service, low-code/no-code environment to assist analysts or business users to swiftly upskill in data and analytics by utilising the power and scalability of AWS.

Alteryx ISV and global ecosystem partnerships vice president Nitin Brahmankar said: “Businesses globally are looking to automate for efficiencies and drive deeper insights to quickly respond to multifaceted challenges and dynamically changing landscape.

“We are working with AWS to empower finance teams to leverage the power of the cloud and modernise financial processes to perform critical analysis that truly matters to their bottom line.”