Case Study: Global Energy Company achieves streamlined, single-system tax provision and faster reporting with CSC Corptax

How a Global Energy Company Reinvented Provision Conquering TCJA, a Divestiture, and Three Disparate System

Global Energy Company faced a triple challenge heading into the 2018 provision: completing its first provision as a newly divested entity, adapting to the Tax Cuts and Jobs Act (TCJA), and reconciling data spread across three disparate systems. Under pressure to deliver faster analytics and reduce manual work, the tax team struggled with multiple spreadsheets, hand reconciliations, late overseas entries, and slow tie‑outs — so they engaged CSC Corptax to modernize the process.

CSC Corptax implemented CSC Corptax Provision and CSC Corptax Entity Management with CSC Corptax Professional Services to create a single, web‑based database and automated workflow. The solution centralized entity data (Entity Navigator), automated reconciliations and reporting, and enabled remote work; it eliminated multiple spreadsheet reconciliations, reconciled and booked international entries before close, and improved cross‑department data access. Measurable results include at least 20 hours saved per quarter from automated updates and roughly 60–75 year‑end hours saved for the five‑member provision team, and the implementation was completed under budget.