Transaction Manager for Handling Transfer Pricing Challenge
Challenge
Creation of a web application for aggregation, clustering, and archiving transactions to understand and manage transfer pricing challenges from scratch for a global network of selected consulting firms in more than 100 countries worldwide. The web application helps to comply with the main transfer pricing rules as well as to set up internal transfer pricing processes.
Creation of a web application for aggregation, clustering, and archiving transactions to understand and manage transfer pricing challenges from scratch for a global network of selected consulting firms in more than 100 countries worldwide. The web application helps to comply with the main transfer pricing rules as well as to set up internal transfer pricing processes.
Solution
The ASP.NET development team successfully finished the project, providing the client a web app with a reliable Windows service for importing extensive transaction scope and a highly reliable DataBase. Among other important product features were:
- Efficient collection and management of Transfer Pricing relevant financial data Worldwide
- Transfer Pricing process management (responsibilities, deadlines, etc.)
- Effective monitoring and minimization of compliance risks
- Mainly automated Transfer Pricing documentation with central monitoring
The ASP.NET development team successfully finished the project, providing the client a web app with a reliable Windows service for importing extensive transaction scope and a highly reliable DataBase. Among other important product features were:
- Efficient collection and management of Transfer Pricing relevant financial data Worldwide
- Transfer Pricing process management (responsibilities, deadlines, etc.)
- Effective monitoring and minimization of compliance risks
- Mainly automated Transfer Pricing documentation with central monitoring
Results
In short, the development of a transfer pricing solution enabled the customer the following:
- The client has its unique software product that helps to handle transfer pricing challenges and create structured transfer pricing documentation
- The firm offers its services to multinational corporations and helps in the planning, realization, and optimization of transfer pricing processes with an individual approach to each company
- The company continues to expand the circle of its customers
In short, the development of a transfer pricing solution enabled the customer the following:
- The client has its unique software product that helps to handle transfer pricing challenges and create structured transfer pricing documentation
- The firm offers its services to multinational corporations and helps in the planning, realization, and optimization of transfer pricing processes with an individual approach to each company
- The company continues to expand the circle of its customers