Case Study: Toyota Financial Services achieves 40% time savings and reduced risk with CSC Corptax

Toyota Financial Services Overhauls Tax Processes Using Corptax

Toyota Financial Services faced fragmented quarterly and year‑end tax provision processes built on 33+ fragile, non‑standardized Excel files, manual book‑to‑tax calculations, and unreliable state apportionment data—compounded by uncertainty around potential TCJA changes. To address these risks and inefficiencies, Toyota engaged CSC Corptax, implementing Corptax solutions for its provision and compliance workflows.

CSC Corptax automated book‑to‑tax workbooks, reconciliations, state provision calculations and data connections, eliminating manual entries and enabling scenario planning for TCJA guidance. As a result, Toyota Financial Services standardized processes, reduced calculation risk, and saved 40% of tax preparation time—freeing staff for higher‑value analysis and giving management greater confidence in Corptax‑supported results.

Toyota Financial Services