Case Study: 3M saves 325 hours with CSC Corptax automation

3M Automates Depreciation and Saves 325 Hours

3M worked with CSC Corptax to streamline a complex depreciation process that relied on data from SAP, PeopleSoft, Oracle, large Excel workbooks, and BNA Fixed Assets software. The team spent significant time manually aggregating and reconciling fixed asset data, standardizing formats, and preparing information for Corptax forms, which created accuracy risks and added stress to the process.

CSC Corptax helped 3M implement an automated workflow using Alteryx and the CSC Corptax Connector for Alteryx to generate fixed asset roll-forwards, calculate Schedule M adjustments, and push data directly into Corptax. The result was a repeatable, scalable process that saved 325 hours, or 65% of the prior manual effort, while improving controls, reconciliation, and overall accuracy.

3M

Mary Beth Racca

Tax Technology Specialist