Case Study: Farmers Insurance Group achieves 50% less overtime and automated tax provisioning with CSC Corptax

From Provision to Estimated Payments, Corptax Does It All

Farmers Insurance Group was producing quarterly tax provisions and estimated payments in Excel, which required three weeks of overtime per close and caused problems with corrupted files, inconsistent formulas, manual troubleshooting, and limited cross‑training. To modernize and control the process they engaged CSC Corptax, adopting its Corptax single‑system automation and related modules.

Using CSC Corptax (including CSC Corptax Data Exchange, Corptax Cart, Corptax Office, a custom domestic calculation, CSC Corptax State Planner and CSC Corptax Calendar), the team automated trial balance loads, one‑click adjustment workpapers, data validation and both federal and state estimated‑payment calculations. The deployment cut overtime by 50% per quarterly close, produced consistent, audit‑ready reports, sped access to source data, simplified cross‑training, freed time for analysis, and reduced human error and risk.

Farmers Insurance Group