Many companies conduct cross-border transactions and prepare transfer pricing documentation. Weaknesses due to unclear responsibilities or processes, e.g. for service and license accounting, as well as manual errors and data inconsistency due to a lack of IT system support often lead to higher taxes, interest and penalties. For transfer pricing experts, it is also important to protect the value created in the group in addition to fulfilling compliance requirements.
EY provides clients with comprehensive support in coping with the growing challenges of operational transfer pricing and, in cooperation with nicetec GmbH, offers clients the opportunity to comprehensively automate cross-border service billing.
The global EY organization is one of the market leaders in auditing, tax consulting, transaction consulting and management consulting. It consists of the member companies of Ernst & Young Global Limited (EYG). In Germany, EY is present at 22 locations. Each EYG member company is legally independent and does not assume any liability for the actions or omissions of the other member companies. Ernst & Young Global Limited is a limited liability company under English law and does not provide services to clients.
Ernst & Young GmbH Auditing company
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Learn more about EY here.
Are you worried about your intercompany service charging?
With insighTPro from nicetec, you can rely on an innovative software solution for a transparent, tax compliant and audit-proof transfer pricing across national borders.
Flexibly customized to your company. Profit with insighTPro from automated processes with highest efficiency / effectiveness. Avoid financial risks before they arise.
Benefit from the comprehensive and consistent solution for your intercompany service billing! Avoid hand-knitted Excel solutions: insighTPro includes all relevant modules - from the service catalog to SAP interface.
All relevant data relating to your intercompany service charging is automatically combined in one place. For your immediate access: efficient, fast, understandable and comprehensible.
From cost overview to planning and calculation of the service price to the customer invoice: insighTPro guarantees you full transparency. Indispensable for internationally operating companies.
Rely on audit security by ensuring the ability to provide information down to the last detail! Thanks to historization and documentation of data, methodology and accounting in insighTPro. Reproducible at any time.
Cross-border intercompany transactions contain many pitfalls. insighTPro ensures that transactions are handled in accordance with tax law. In this way you avoid double taxation effects or penalties.
insighTPro automates your service accounting from calculation to booking: Gain efficiency thanks to significantly lower implementation effort and minimization of error sources.
Investment protection at a glance: insighTPro can be adapted to all international organizations and processes in the event of future company-specific changes. Benefit from numerous ERP standard interfaces including SAP.
Due to the close cooperation with the worldwide operating tax consulting and auditing company Ernst & Young (EY) insighTPro also covers tax and, in particular, transfer price-specific requirements.
The best software solution only works if the support is right.
Benefit from these services with insighTPro:
InsighTPro is the highly specialized IT solution for your intra-group management of shared services. Using comprehensive standard interfaces, you can import and export all relevant data from your ERP system. For maximum transparency and efficiency in transfer pricing, due to standardized and automated processes in all phases.
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nicetec GmbH is one of the market leaders in the field of flexible software solutions for IT Finance Management. With our software solution insighTPro, especially designed for intercompany service charging, you also profit from the special tax and allocation-specific expertise of our partner Ernst & Young (EY).
Find out more about nicetec here.
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