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CRM 2013 SQL Data Updating vs Console App vs WorkFlow Approach

We have few console/workflow created to update some fields of Account Entity. they work great , but they are limited to 5000 records processing at a time which i can work around, but they take tremendous amount of time due to having more than 100,000 records.

So i am thinking to do SQL statement update directly instead which i guess take less than 10 seconds.
Any recommendation whether this approach is appropriate or does any one have done this other way?

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