
Solving the Intercompany transfer price mark-up elimination, in a simple, elegant and cost effective way.
A Talk by Sourav Auddy (Finance Director- Group Supply Chain, Devro)
About this Talk
"Any multi-site or multi-country businesses, big or small, has to comply with international transfer pricing regulations. Adherence to such regulations often results in complications in product profitability reporting, as the default MIS reporting cannot show true profitability, as the intercompany profits convolutes the product costs. Eliminating intercompany profits during group consolidation remains a challenge. Larger corporations have dedicated custom IT solutions or Analyst teams to deal with these complexities, but Is there a better way?• What if we have legacy IT systems that do not talk to each other and we do not have a big IT or training budget or time scale?• How flexible is it as we add or remove new entities OR as the intercompany supply chain structure changes?