Corptax Provision

Accelerate Your Close Process

Complete your provision with power and precision using unprecedented automation in a single system.

Called a “morale booster” and “game-changer for our department,” CSC Corptax® Provision automates data collection, calculations, reconciliations, adjustments, and more—giving you accurate results in a fraction of the time it takes in Excel® and other systems. Satisfied users share successes like, “we turn around the provision for 22 divisions in 2 days vs. 4 weeks,” and “we now have time to focus on reviews, analytics, and planning.”

See New York Life’s winning Tax Transformation story on making management happy, morale higher, and manual work history.

Meet Changing Demands

Web-based and scalable, Corptax Provision provides the time, tools, and trusted data needed for growing provision demands and helps you determine your optimum tax position.

Companies large and small experience total control using one system of record to safely store, process, and review data.

Why lose time to repetitive work and sluggish systems? Take the lead from tax professionals who’ve “moved from a manual and complicated Excel-based process to an efficient data center that saves hundreds of hours a year.”

Global and Domestic Provision for GAAP and IFRS Reporting

  • State Detail / Blended
  • FIN 18 / Interim Reporting
  • SSAP No. 101

Also Available:

  • FIN48 / Tax Contingency
  • IFRS
  • FERC

Clients on Corptax Provision

Corptax provides a really quick way to review our provision and provide journal entries in an auditable format.

Katie Birkett, Senior Tax Analyst Sealed Air

We’re able to show management a new level of efficiency by bringing provision in-house with Corptax.

Michelle Teehan, Vice President New York Life Insurance Company

Corptax lets us organize tax-sensitive accounts to easily track changes year-to-year and properly deliver meaningful provision reports to management and auditors.

Zehra Toor, Senior Tax Analyst L'Oréal

With Corptax Provision, we can work anywhere at any time. Our group is happier and more productive – resulting in a better work-life balance.

Tax Director FLSmidth, Inc.

Corptax Provision saved us just shy of $2 million over 7 years in outsourcing fees. Plus, we get the provision out in 5 days and no one works more than 40 hours a week.

Manager of Tax Planning & Analysis SSAB

Better provision processes help engage foreign tax controllers, resulting in improved communication and trusted data. We now have time to focus on review and analysis.

Misty D'Amico, Global Tax Manager Fairchild Semiconductor

With Corptax Compliance and Provision in place, we satisfied a complex external audit in 14 vs. 45 days with a reduced staff. Instead of the proposed amount owed, Corptax helped us furnish the reports and detail that led to a large refund.

Tax Planning Manager and Tax Transformer Major Manufacturer

Our spreadsheets are good, but they just contemplate our current situation. You can see the forward-thinking built into Corptax Provision for scenarios we don’t currently face…we’ve just embraced the technology.

Tom Staskowski Ambac Financial Group

Learn More from Corptax