Automate Your Entire Intercompany & Transfer Pricing Process
With one seamless solution, extract and align data from multiple ERPs and other sources. Enable intercompany teams to focus on optimal goods and services pricing, not mundane reconciliations and data validation. PlaidCloud's solution can modernize your company's management of intercompany goods and services pricing, invoicing and reporting. Reduce the risk for audit irregularities with our automated intracompany solution. PlaidCloud is your one-stop shop for automating your end-to-end Transfer Pricing and Intercompany processes.
Managing intercompany transfers across multiple entities, ERPs, and tax jurisdictions is one of the most operationally complex challenges in multinational finance. PlaidCloud is transfer pricing software purpose-built for this reality. Extracting data from multiple ERP systems simultaneously, applying configurable rules-based pricing logic, posting journal entries to both sending and receiving entities, and calculating VAT, GST, and withholding tax on an invoice-line basis. As dedicated software for transfer pricing, it handles entities in offline systems, produces country-by-country reporting, and maintains a clear audit trail throughout. Replacing what previously required weeks of manual effort and a team of specialists.
Generate and post coordinated invoices across multiple ERP systems, entities, and offline companies. Enable auto-calculation of VAT, GST, Withholding & local taxes on an invoice line item basis. Handle the reality that entities often reside in multiple ERPs or offline systems with manual integration.
Create a flexible, automated invoicing solution that prevents month-end intercompany issues and keeps your tax and contract teams in compliance.
Real-time visibility across the entire intercompany invoicing pipeline.
Pull data from multiple ERPs and offline systems simultaneously.
Driver-based allocations of shared charges across legal entities.
Built-in checks on transfer-pricing methods and contract terms.
Country-compliant calculations on every invoice line.
Full audit trail and reporting for tax review and external audit.
Centralized solution that unifies the entire intercompany invoicing process.
Coordinated invoicing across global ERP systems with workflows that automate the end-to-end process and leverage golden source information. PlaidCloud facilitates transactions by handling intercompany billing, which includes the allocation calculation for service recharges, markup provisions, tax calculations (VAT, GST, WHT), and itemized invoice creation. PlaidCloud automates journal entries for both intercompany-related parties (the seller and the buyer) and helps identify intercompany exceptions. Intercompany elimination is a critical month-end activity to close the balance sheet without top-side adjustments. PlaidCloud also attaches the invoice document to the associated journal entries to substantiate the Intercompany Transaction.
Automate intercompany AR/AP entries and post back to ERPs in real-time, eliminating the manual effort and improving the accuracy of transactions.
The PlaidCloud Goods Transfer Pricing Solution enables automated calculation of P&L across an unlimited number of entities and segments down to the SKU level. Easily customize the business segmentation and define by any number of dimensions. Proactively manage goods transfer prices on a monthly basis. Handles the reality that entities often reside in multiple ERP systems or in offline systems with manual integration.
Point & click rule-based assignments configured & maintained easily. Provides responsive and accurate system over time.
Report revenue, profit and other key measures by country. Monitor YTD margins to anticipate price changes. Be more efficient when accurate P&L data is readily available.
Manage transfer pricing process from source data to price resets & reporting.
At enterprise scale, manual transfer pricing processes are not just inefficient. They are a compliance liability. PlaidCloud's transfer pricing automation capabilities enable finance and tax teams to manage intercompany prices proactively on a monthly basis, with intelligent price-change recommendations, automated exception handling, and real-time profitability monitoring by segment. As transfer pricing enterprise software, it processes billions of dollars in intercompany transactions annually. One Fortune 500 manufacturing customer reduced their close cycle by 4 days and eliminated 70% of the FTE time previously spent on intercompany activities. Without changing their underlying ERP infrastructure.
Customer Success Story
Manufacturing Customer
$ 3 Billions
Transactions Processed Annually
4 Day
Reduction of Close
> 9,000
Intercompany Invoices Automated
- 70 %
Reduction in FTE Effort Through Automation
It automates intercompany invoicing and transfer pricing across multiple systems, generating and posting transactions with consistent, auditable methodologies.
Yes. It operationalizes transfer pricing with repeatable, automated workflows instead of manual spreadsheets, so policies are applied consistently every period.
Yes. PlaidCloud consolidates data across multiple ERPs and source systems and supports multi-currency reporting.
Yes. It supports country-by-country reporting and Pillar Two readiness with full transaction-level traceability.
Yes. Every step is traceable from source data through to the posted intercompany entries.
Insights
Trusted Advisors
PlaidCloud is made up of highly respected functional and technical experts with deep analytical, technical, and project management skills and backgrounds. We have decades’ worth of financial analytics and system implementation and optimization experience working for global, Fortune 500 organizations. Coming from both industry and the biggest consulting shops in the world, we’re excited to share all our hard-earned expertise with you and become your trusted advisors in building a best-in-class technology solution.
PlaidCloud is built on decades of experience from a team of highly respected functional and technical experts. With deep backgrounds in financial analytics, system implementation, and optimization, we have worked with global Fortune 500 companies to drive success. Our founders come from both industry and the world’s leading consulting firms, bringing a unique blend of practical knowledge and strategic insight. We’re passionate about sharing our expertise and are committed to becoming your trusted advisor in building best-in-class technology solutions. Learn More About PlaidCloud’s Journey and Its Founders
Get in Touch
Turn your company's financial and operational data into actionable insights with impact.
Contact PlaidCloud to get more information and request a demo:
info@plaidcloud.comPlaidCloud's AI managed infrastructure ensures the technology is always there when you need it and self-heals so you never have to worry. Batteries included, nothing to install or settings to decide. Focus on analysis and insights. Leave the tech to us. Fast and complete, everything you need from data collection with powerful transformations to beautiful dashboards. All built for speed on any size data.
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