Case Study: GATX achieves a 50% faster close and standardized, Excel-free tax reporting with Longview Tax

Longview Tax Out-of-the-Box Provision Solution Nets Quick Wins for Tax Reporting

GATX, a global leader in railcar leasing, faced growing risks and inefficiencies from an Excel-based tax process: multiple spreadsheets, manual data entry and linking, and increased auditor scrutiny as finance moved to a new accounting system. To reduce errors, improve controls, and standardize reporting across more than 120 entities, GATX sought a turnkey tax solution.

GATX implemented Longview Tax’s out-of-the-box provision solution with integrations to its accounting ledger and Corptax, enabling return-to-provision and tax-basis balance sheet automation. The move cut close timing by more than 50% in the first year, centralized data for better transparency and internal controls, standardized reporting, and reduced reliance on error-prone Excel schedules.

GATX

Richard Slinko

Senior Manager Tax Compliance