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Ratings and Reviews 0 Ratings
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What is Optravis?
The Optravis Operational Transfer Pricing software enhances the entire transfer pricing process by calculating prices at both the product and partner levels across a variety of supply chains, utilizing a sophisticated rules engine that integrates transfer pricing strategies, customs duties, anti-dumping laws, and customized logic; its forecasting features automatically predict future margins for each product and trading partner, enabling a thorough analysis down to invoice and material details to minimize year-end adjustments; with a dedicated TP data model, it adeptly handles raw data from systems such as SAP R/3, SAP S/4HANA, and various non-SAP platforms without requiring manual preprocessing; in addition, the software takes care of service fees and licensing expenses, offers a detailed audit trail to maintain compliance with arm's-length principles, and presents analytical insights through customizable dashboards. As a SaaS solution that meets ISO 27001 certification, it supports swift deployment, rapid data processing, and seamless integration with current IT systems, ensuring accurate tax compliance while boosting operational efficiency. Moreover, the software's intuitive interface and extensive functionalities are designed to meet the varied requirements of businesses operating in intricate transfer pricing environments, thus facilitating smoother management of compliance tasks.
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.
Integrations Supported
SAP S/4HANA
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
Optravis
Date Founded
2014
Company Location
Switzerland
Company Website
www.optravis.com
Company Facts
Organization Name
Thomson Reuters
Company Location
India
Company Website
www.thomsonreuters.in/en/products-services/tax-accounting/transfer-pricing.html