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.
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.
- Streamline workflows, understand data, generate reporting, and populate schedules in one place
- Report from global consolidation down to the lowest level of detail
- Be confident in results with instant audit trails for every number
- Easily analyze data for comparative reporting
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
- FIN48 / Tax Contingency
Corptax lets us organize tax-sensitive accounts to easily track changes year-to-year and properly deliver meaningful provision reports to management and auditors.
With Corptax Provision, we can work anywhere at any time. Our group is happier and more productive – resulting in a better work-life balance.
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.
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.
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.
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.