The system automates the production of U.S. and OECD transfer pricing reports, documenting the process andenabling firms to produce reports for clients in three steps: data collection, documentation review and report generation.
The application creates templated reports by combining predetermined, fixed benchmarks with a guided questionnaire, which prepopulates data based on transaction types selecied.
Transfer Reports covers both local file and master file for countries that have adopted OECD guidelines. Built-in databased on best practices from publicly available data, covering the Americas, Europe, and Asia. Reports included built-in, noneditable date and time stamps, benchmark-related appendices, and analysis.
The software also offers management tools with built-in visibility and tracking.