Case Study: News Corporation cuts trial-balance and tax-prep time by 4+ weeks with CSC Corptax Tax Transformer

News Corporation - Customer Case Study

News Corporation faced a time-consuming, centralized process in which a small team at headquarters had to coordinate and import trial balances for 600+ entities across 12 business units and multiple ERP systems. Mapping and reconciling each unit’s unique financials took weeks and led to inconsistent account mappings and a month-long bottleneck before downstream compliance work. To address this, News Corporation implemented CSC Corptax Tax Transformer from CSC Corptax.

CSC Corptax helped decentralize the process by rolling out a standard, gated import template (including BEPS CbCR mapping) and two-way POV/CSC Corptax Office connections so business units could import and review data in real time. As a result, units now own and vet their mappings in-context, HQ saves 4+ weeks on the trial balance process and 3+ weeks on tax return prep, and teams shifted from preparers to reviewers—feeding Corptax data into Alteryx and building dashboards for analysis.

News Corporation