Case Study: Boston Scientific speeds E&P adjustments with CSC Corptax

Boston Scientific cuts E&P adjustment processing from an entire day to minutes with CSC Corptax

Boston Scientific faced a significant challenge in calculating current E&P adjustments using a large and cumbersome Excel-based process. This manual system required constant updates and took multiple days to maintain and process, limiting its use to just once a year. The import process alone consumed an entire day, creating a major inefficiency for their tax team.

To solve this, Corptax implemented its Automated Adjustments solution. This allowed Boston Scientific to automate many E&P adjustments, post them, and review them all at once. The results were transformative, reducing the process from an entire day to just minutes and enabling quarterly use. The solution eliminated manual data entry and Excel formatting, automatically added new accounts and entities, and provided a consolidated, data-driven review process directly within the Corptax system.

Boston Scientific