Case Study: ConocoPhillips achieves hands-off nightly trial balance imports and saves 60–90 hours with CSC Corptax

Using Corptax BOTS for a Better Night’s Sleep

ConocoPhillips faced a painful manual step in their monthly close: a BOT for trial balance imports required a team member to wake at 1:30 a.m. to launch it and again at 4:00 a.m. to check for failures, then still work a full day. Already using CSC Corptax Provision, they wanted to minimize human intervention and ensure current data each morning.

Working with CSC Corptax Professional Services, ConocoPhillips added Web API and Data Exchange so new source files automatically trigger the import BOT; an import package then runs 17 post-execution tasks in 15 seconds (automatic postings, adjustments, international computations, and workpaper updates). CSC Corptax’s solution eliminates overnight wake-ups, delivers up-to-date data each morning, and saves the provision team about 60–90 hours while freeing staff for higher-value work.

ConocoPhillips