PlaidCloud is your comprehensive solution for automating your end-to-end Transfer Pricing and Intercompany processes.

Our goal is to ensure our customers maintain accurate and compliant transfer pricing practices across their global operations, enhancing their ability to respond to market changes and regulatory requirements, as well as supporting their commitment to transparency and sustainability in their tax practices.

With one seamless solution, extract and align data from multiple sources. Enable intercompany teams to focus on optimal goods and services pricing as opposed to mundane reconciliations and data validation. PlaidCloud’s solution modernizes your company’s management of intercompany goods and services pricing, in addition to invoicing and reporting, and reduces the risk of audit irregularities.

Key Benefits:
Benefits of Transfer Pricing: 

• Cost Efficiency: Transfer pricing allows companies to optimize costs by internalizing transactions within the corporate group, potentially reducing external transaction costs.
• Performance Evaluation: Transfer pricing facilitates performance evaluation of different business segments or divisions within the organization, enabling management to assess profitability accurately.
• Tax Planning: Effective transfer pricing strategies can help companies minimize tax liabilities by allocating profits to jurisdictions with favorable tax rates while ensuring compliance with relevant tax regulations.
• Risk Management: Transfer pricing enables companies to mitigate risks associated with fluctuating currency exchange rates, tariffs, and regulatory changes by centralizing control over intercompany transactions.
• Resource Allocation: By accurately valuing intercompany transactions, transfer pricing assists management in allocating resources efficiently across different business units based on their relative profitability and contribution to overall performance.
• Enhanced Transparency: Proper documentation of transfer pricing policies enhances transparency and accountability, both internally within the organization and externally with tax authorities and stakeholders.
• Compliance with Regulations: Implementing transfer pricing policies in accordance with local and international regulations helps companies avoid penalties, audits, and legal disputes related to tax compliance.
• Strategic Decision Making: Transfer pricing provides valuable insights into the financial performance of various business units, enabling informed strategic decisions regarding investment, divestment, and expansion opportunities.
• Facilitation of Global Operations: For multinational corporations, transfer pricing facilitates the coordination and integration of operations across different jurisdictions, supporting seamless business operations on a global scale.
• Optimization of Supply Chain: Transfer pricing allows companies to optimize their supply chain by aligning pricing strategies with production and distribution processes, thereby improving overall efficiency and competitiveness.  

 

Requirements:

Integrating with this application requires you to use the partner’s SenderID. By using the partner’s SenderID, you do not need to buy a web services developer license from Sage and your API usage will not count towards your API performance tier. Sage may prevent customers from integrating with this application under their own SenderID.

Price:
Annual SaaS fee

Integration Approved Countries:
United States