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Automation in action

What TPMP is, and what it actually does.

TPMP is the platform iVC runs your transfer pricing on. It holds your structure, your transactions and your decisions as live data, does the repetitive work against them on a schedule, and puts an iVC transfer pricing specialist in front of every output before it goes anywhere.

The point is not that software is involved. The point is that the same team designs, implements, documents and defends your transfer pricing policies, and does it on one system instead of on a fresh spreadsheet every cycle.

The whole job

Four verbs, one team, one system.

Design

Assess the transaction, choose the method, model what it does to margins, tax and the accounts before it goes live.

Implement

Turn the policy into agreements, calculations, benchmarks and postings that run during the year rather than after it.

Document

Assemble the Master File, Local Files and CbCR from the data the first two steps already produced.

Defend

Keep the working, not only the conclusion, so that an enquiry three years later is answered from a record.

Managing, controlling and predicting transfer pricing is one continuous job. Splitting it across a tool, an adviser and a spreadsheet is what makes it feel like four.

Eight things that used to take a week

Press run. These are working demonstrations, not videos.

Each one shows what happens between the moment a fact arrives and the moment something is ready for review. Every one of them ends the same way: a transfer pricing specialist looks at it before it leaves.

1  Benchmarking engine

Screening comparables and setting the range

Ready to screen0%

2  Intercompany calculation

Imported from the ledger, priced to policy, traced

Allocable cost baseEUR 0
Allocation key, headcount0%
Mark-up, set at design stage0%
Charge to DE entityEUR 0

3  Permanent establishment radar

Local presence tested against risk thresholds

4  Interest rate setting

Arm's length rate on an intra-group loan

Borrower standalone rating-
Base rate, 5 year EUR0%
Credit spread for rating and tenor0%
Arm's length rate0%

5  Documentation assembly

Local File, built from data already held

01
Entity overviewGroup structure
02
Controlled transactionsFrom the design module
03
Functional analysisInformation tracker
04
Method selectionDecided at design stage
05
Economic analysisBenchmarking study
06
Financial informationTrial balance extract
6 sections, 0 assembled0%

6  Deadline radar

Implementation tracker, next 30 days

7  Draft, then signature

The part that is not automated

Waiting to draft the intercompany services agreement clause.
Reviewed by an iVC transfer pricing specialist

8  Ask once, reuse everywhere

One answer, four destinations

Functional information request
Who performs the services, and where
Received
FA
Functional analysisDesign module
BM
Benchmarking studyComparability criteria
IA
Intercompany agreementScope of services
LF
Local FileSection 3

All eight demonstrations use illustrative figures. They show the sequence and the vocabulary, not a client's numbers.

Across borders

One group, many jurisdictions, one view.

Most of the difficulty in a group's transfer pricing is not any single analysis. It is that the analyses sit in different countries, are done by different people at different times, and have to end up telling one consistent story.

TPMP holds multi-jurisdiction oversight in one place: which entity is doing what, who is coordinating it, and what is due where. iVC works across offices in London, Latvia, Lithuania, Cyprus and the USA, and the platform is how that coordination stays visible to you rather than happening somewhere you cannot see.

What the platform coordinates

  • Multi-jurisdiction oversight of every controlled transaction in scope.
  • Team coordination, so the same fact is not chased twice in two countries.
  • Deadline tracking per jurisdiction, with the dependencies behind each date.
  • One documentation structure and vocabulary, local requirements layered on top.
  • A standing record of who reviewed what, and when.

The honest part

What is not automated.

Judgement. Choosing the method for a transaction nobody has priced before, deciding whether a comparable is really comparable, taking a position on a restructuring, and deciding what a tax authority will accept. Those are done by people, and the same people put their name on the file.