On March 26, PwC and Wolters Kluwer are joining forces for an exclusive live event dedicated to one of today’s most important finance topics: Operational Transfer Pricing (OTP).
The tax landscape is evolving rapidly and becomes more and more data driven. Increased digitalization and tax transparency provides tax authorities with more granular data on intercompany transactions, for example, tax authorities introduced the collection of transactional data through e-invoicing reporting. This, together with the pressure from external auditors, force companies to calculate their transfer prices accurately and in an auditable way. Not only at year end but throughout the whole year. This requires taxpayers to introduce detailed price setting governance and transfer price calculation processes. This will require access to financial data from various sources and the ability to combine that data in an efficient way.
During this interactive morning program, PwC will share their vision on OTP automation. They will talk about what organizations should consider when moving toward a more automated approach, such as the data requirements with clear check and balances. Wolters Kluwer will then bring these insights to life with a live demonstration of their CCH Tagetik OTP solution, showing how technology can streamline processes and enhance transparency.
The session concludes with a fully catered networking lunch, offering the perfect opportunity to exchange ideas, ask questions, and connect with peers.
Agenda:
09:30 – 10:00. Welcome
10:00 – 10:45. Part 1. OTP insights by PwC
10:45 – 11:15. Coffee Break
11:15 – 12:00. Part 2. Automate OTP, including CCH Tagetik demo by PwC + Wolters Kluwer
12:00 – 13:00. Networking lunch
Why attend?
There are many benefits for organizations to automate their OTP process with software solutions. When implementing a software solution in the right manner with a clear overview of data inputs, it can increase efficiency, accuracy and transparency while the analysis capabilities enable you to support the business in a better way. During the event, you will be shown the capabilities of a modern solution to improve the OTP process. We will also show how to manage OTP and the data in a single place with extensive collaboration functionality for business users while only limited IT skills are required.
Join us to explore the future of Operational Transfer Pricing and see firsthand how technology can elevate your organization’s OTP capabilities.
Speakers:
