insighTPro - the No. 1 software solution for painless
Operational Transfer Pricing
Competence of EY
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.
© 2017
Ernst & Young GmbH Auditing company
All Rights Reserved.
Learn more about EY here.
A Software Solution for efficient cost allocation:
PDF Download Case-Study
Operational Transfer Pricing & Intercompany Service Charging:
Solution providers nicetec and EXA enter into cooperation
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Dienstleistungsverrechnung:
PDF Download Case-Study
The No. 1 software solution
for painless Operational Transfer Pricing
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.
insighTPro customer benefits
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Your TP processes in one central solution
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.
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All TP data in one system
All relevant data relating to your intercompany service charging is automatically combined in one place. For your immediate access: efficient, fast, understandable and comprehensible.
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Documentation of value flows
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.
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Audit safety included
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.
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Compliance with legal TP requirements
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.
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Automation of data delivery & processes
insighTPro automates your service accounting from calculation to booking: Gain efficiency thanks to significantly lower implementation effort and minimization of error sources.
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Flexibly adaptable
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.
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Tax expertise on the part of EY
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 perfect remedy for more
Security & Efficiency in Transfer Pricing
Service is the be-all and end-all. We are here for you.
The best software solution only works if the support is right.
Benefit from these services with insighTPro:
Comprehensive project management and holistic consulting for the implementation of insighTPro in your company
Technical IT support with business expertise
Software training and workshops for a smooth implementation
Holistic consulting
Complete overview, everything under control with insighTPro
Complete overview,
everything under control
with insighTPro
InsighTPro functions.
Consistent and audit-proof across all phases.
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.
Planning & Calculation
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Functions at a glance:
- Automated price calculation for intra-group services
- Any definition of cost elements, cost centers and cost units
- Consideration of any number of planned and actual scenarios
- Versioning and historization of planning data
- Multidimensional representation of value flows
- Representation and analysis of price developments down to the individual document level
Benefit from cost transparency par excellence!
- Traceability of any cost incurrences
- Illustration of all price calculation methods
- Complete information capability for management and customers
- Possibility to compare planned vs. actual situation
- Readability up to the original posting document
Cost allocation
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Functions at a glance:
- Automated service billing
- Support of a wide range of settlement methods for plan and actual data: Pay-as-you-go method, cause-based allocation, periodic charges, one-off charges
- Detailed billing of all services for the customer ("receipt"), online and offline
- Transfer of all result data into the existing ERP system
Your management tool for cost awareness,cost responsibility and consumption control!
- Full cost transparency
- Controlling in any way
- Safe process control
- System-secured transfer of service costs within your organization
Demand Planning
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Functions at a glance:
- Web-based planning process
- Notification of planned consumption by customers (recipients, service recipients, service users) at the start of the planning phase.
- Consumption estimate visible to the customer (e.g. previous year's values) for possible adjustment of its forecast
- Indicative price estimates for each service can be viewed by customers
- Monitoring of all deadlines incl. reminder function
Benefit togetherfrom consumption-based planning!
- Bottom-up/top-down planning: active involvement of service users in the planning process
- Documentation of service requirements for all users
- Capacities geared to the real needs of users
Self-service Portal
Web-based portal for service users
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Functions at a glance:
- View all master data
- Representation of the service catalog with prices and service description
- View of the service agreement with price and quantity
- Overview of current consumption data
- Retrieval of the invoice inventory, also as PDF download
- Service orders and cancellations in the service shop
Maximize trust, transparency and efficiency!
- 24/7 web-based inspection of all accounting bases and key parameters by the customer
- Massive relief of the service provider with regard to information requests
Reporting & Analysis
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Functions at a glance:
- Web-based, fully-fledged business intelligence solution with ad hoc and scheduled reports as well as drilldown/slice & dice functions
- Access to all released data of the platform "Service Billing”
- Data export to all common office formats
Benefit from individual analyses of all facts!
- Demand-oriented report generation by specialist departments
- Automated updating of reports ("cockpit")
- Full transparency for all parties involved
Competence of nicetec
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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