Case Study: Technicolor achieves dramatically faster, more accurate tax adjustments with CSC Corptax Office

Automating Tax Adjustments for Speed and Accuracy

Technicolor, responsible for federal, state, and local reporting for 33 entities, relied on a 5‑member compliance team to push and pull book and tax adjustments manually — a laborious, error‑prone process made worse by preparers using different adjustment codes and growing workload from tax reform. To standardize and accelerate adjustments, Technicolor turned to CSC Corptax, implementing the CSC Corptax Office solution.

Using the two‑way dataflow and the Corptax Office M‑adjustment template from CSC Corptax, Technicolor now pushes and retrieves adjustments at the touch of a button and enforces consistent codes across entities. The change cut spreadsheet transfer time to Forms 4562 and 4797 from four days to mere minutes, reduced the overall adjustment cycle from two weeks to under two days, and materially improved accuracy — efficiency and controls that the parent company in France has recognized.

Technicolor