The Cost of a Transfer Pricing Problem
Do your company’s transfer pricing processes tell a consistent story?
Too often, transfer pricing is viewed and served as a compliance and audit response function, after the year-end close. In reality, the transfer pricing life cycle is a constant process that should evolve and serve the strategic objectives of executive leadership. If processes are decentralized and the company’s transfer pricing story is inconsistent, the cost of those discrepancies can be huge.
This white paper discusses how centralizing transfer pricing transaction data and solutions to serve the life cycle needs can assure one consistent global story for transfer pricing — supported down to the detailed transactions — and reduce the time and cost of preparing for a transfer pricing audit.