Roseburg Forest Products Tax Provision Case Study

This case study outlines the challenges faced by Roseburg Forest Products in managing their income tax provision process using complex Excel spreadsheets. The company sought a more efficient, automated solution to maintain data ownership while improving accuracy and reducing time spent on tax calculations. By implementing Exactera's tax provision software, Roseburg achieved significant improvements, including completing their 2022 tax provision three weeks early and automating up to 70% of the process. The transition from Excel to Exactera allowed for better organization of data and enhanced reporting capabilities, enabling the tax manager to tie out 80% of deferreds for the first time. The case study details the steps taken during the implementation, the training provided by Exactera, and the positive outcomes experienced by the tax department, emphasizing the ease of use and efficiency of the new software. Overall, the case study highlights the successful transformation of Roseburg's tax provision process through technology.