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What is ONESOURCE Transfer Pricing?

ONESOURCE Transfer Pricing simplifies the entire transfer pricing process by consolidating data from both internal and external sources into a single repository, which includes comprehensive information on international transactions alongside all required documentation. Users gain instant access to more than 2.1 million records from both private and public companies, significantly improving the effectiveness of comparable databases and benchmark search tools that autonomously collect, filter, and evaluate benchmarks in relation to relevant global competitors. In addition, a BEPS Action Manager monitors changing regulatory landscapes, streamlines the preparation and submission of digital documentation, and ensures that policy updates are tracked and communicated throughout the organization. This empowers tax professionals to evaluate, design, implement, and manage transfer pricing policies using extensive, standardized documentation; they can also plan future pricing strategies with continuously refreshed comparables while maintaining a thorough audit trail for each accounting decision made. This cohesive methodology not only strengthens compliance but also fosters transparency and efficiency in transfer pricing practices, ultimately benefiting the organization as a whole. By leveraging these advanced tools, businesses can navigate complex global regulations with greater ease and precision.

What is EXA Operational Transfer Pricing?

EXA Operational Transfer Pricing (EXA OTP) is an advanced SAP application specifically crafted to aid professionals in the realms of control, accounting, and taxation by improving the management of intercompany transfer pricing. This software offers a centralized repository of precise information via an SAP Fiori interface, which can be deployed either on-premises or in the cloud, and it seamlessly integrates with SAP ERP systems through ETL plug-ins or flat-file uploads. Users are empowered to configure entities, charts of accounts, product hierarchies, transaction groups, transfer pricing methods, functions, and profit level indicators, all backed by an integrated operational expenditure allocation engine. With its real-time monitoring features, it provides detailed profit and loss insights segmented by transaction groups, transfer pricing functions, partners, or intellectual property owners, while forecasting capabilities leverage both historical data and newly created material or SKU-level information. The software streamlines the process of establishing transfer prices with customizable multi-level approval workflows that can be applied to both single and bulk SKUs, and year-end adjustments enable automatic recomputation of group effective tax rates, ensuring adherence to customs valuation regulations. Moreover, by delivering extensive insights, the software significantly improves organizational efficiency and enhances decision-making processes concerning transfer pricing strategies, fostering a proactive approach to compliance and strategic planning. In essence, EXA OTP not only simplifies complex pricing arrangements but also supports organizations in navigating the intricate landscape of international taxation and compliance requirements.

Media

Media

Integrations Supported

SAP Fiori

Integrations Supported

SAP Fiori

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Thomson Reuters

Company Location

India

Company Website

www.thomsonreuters.in/en/products-services/tax-accounting/transfer-pricing.html

Company Facts

Organization Name

EXA

Date Founded

2012

Company Location

Germany

Company Website

exa-ag.com/roles-products/exa-operational-transfer-pricing-otp/

Categories and Features

Categories and Features

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