Case Study: Boston Scientific achieves automated E&P processing and eliminates Excel workpapers with CSC Corptax

Boston Scientific - Customer Case Study

Boston Scientific was struggling with a slow, error-prone process for calculating current E&P adjustments that relied on cumbersome Excel workpapers and a day-long import routine. To address this, they turned to CSC Corptax and its corptax® Tax Transformer capabilities, including Corptax Automated Adjustments, the Corptax Import Template, and the Corptax Cart.

CSC Corptax automated many E&P adjustments, auto-added new accounts and entities, eliminated manual data entry, and produced individual and consolidated workpapers and trial balances. The result: the full process that once took an entire day now runs in minutes, preparers no longer must reconcile Excel to the system, and Boston Scientific can perform the workflow quarterly instead of annually.

Boston Scientific