Transfer Pricing Consulting

Changes from business target operating model or implementing new tax engine system, will impact Transfer Pricing policies. YTT offers to review the current Transfer Pricing model and set new requirements Transfer Pricing based from the new business operating model to ensure the business complies with the governance and policies domestically and globally.

Risk of misalignment or lack of transparency from Transfer Pricing may cost the business significant in term of finance and reputation. YTT has been implemented many Transfer Pricing models for many global clients over years. With this niche experience, we help clients to benefit from our experience. 

Transfer Pricing

Process 

Within Transfer Pricing, YTT offers
to review the taxonomy  perform an analysis to assess the maturity of the current process. We collate Transfer Pricing pain points to understand the process gap by comparing against the leading practice.

YTT offers solutioning recommendations from the maturity assessment result and process deep dive pain points. We design the roadmap to help how to address gaps, with additional resource and timing for implementation from the road.

We highlight of how to fix for quick wins, short term, medium term and long term to help the business with the holistic view of how to address and fix process gaps. 

Transfer Pricing Reporting

Transfer Pricing can be complex and complicated. 

Transfer Pricing Reporting manual process can be heavily cumbersome and risks of errors if using spreadsheet.

The report may have different cost elements and adjustments will have to be made on regular basis.

The report may have any dependencies from various inputs such as Finance & Corporate Charges Adjustments from various systems and stakeholders.

YTT offers to simplify the Transfer Pricing Report process by re-design and opportunity of digitalisation to reduce the risk of tax errors and saving time.

 

Transfer Pricing Digitalisation

YTT offers client to go on digital and to achieve automation for end-to-end.

Digital will help to automate every steps within the process, and reduce manual.  to achieve transparency, and business insights from tax performance.

YTT helps to implement tax engine such as SAP S/4 - review, simplify and automate the intercompany process postings; pricing calculation model;  how to interacts with upstream process like P2P, and downstream process like O2C. 

We help client of how to strengthening the current platforms to move from semi-automate to fully automate. Or even to select and enable from an alternative solution as required.