Case Study: BIC Corporation achieves faster, more accurate tax reporting with insightsoftware Longview Tax

BiC needed a solution to solve multiple tax reporting needs, Longview Tax answered the call

BIC Corporation, a global manufacturer of stationery, lighters and razors, faced fragmented tax data across HFM, JD Edwards and local systems and relied on manual Excel processes to handle transfer pricing, Country-by-Country (CbC) reporting and ETR forecasting. With a small tax team of three that needed tighter integration and fewer manual reconciliations, BIC turned to insightsoftware’s Longview Tax to streamline and secure its tax reporting.

insightsoftware implemented Longview Tax to build a centralized tax database, automate data loads and intercompany recharge calculations, and integrate directly with the consolidation system for full balance sheet and P&L uploads. The result: allocation processing fell from about one week to one day, the probability of human error was greatly reduced, CbC reporting and complex calculations became manageable for the small team, and staff gained time for higher‑value tasks.

BIC Corporation

Inna Kostuk

Group Tax Director