Case Study: Labcorp eliminates manual federal adjustment movement with CSC Corptax and Alteryx

Labcorp Uses Corptax and Alteryx to Eliminate All Manual Movement of Federal Adjustments

Labcorp worked with CSC Corptax to simplify an unwieldy federal compliance process that relied on a massive, manually maintained Excel workbook for 80-plus entities. The team struggled with “The Beast,” a cluttered and time-consuming set of workpapers that made it hard to maintain a single source of truth, trace data back to documentation, and avoid errors during manual data movement into Corptax.

CSC Corptax helped Labcorp streamline the process by combining Corptax with Alteryx, SharePoint, PowerQuery, and the CSC Corptax Connector for Alteryx to automate data flow from source documents to workpapers and Corptax. The result was full automation of federal M adjustments, 12 organized tabs instead of 80, hundreds of hours saved, and a filing process completed 3.5 days sooner than the prior year, with improved accuracy, visibility, and time for tax planning and business partnering.

Labcorp