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Transfer Pricing across the Enterprise - are you drowning in spreadsheets?

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Fortnum & Mason

181 Piccadilly

London

W1A 1ER

United Kingdom

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Transfer Pricing across the Enterprise: are you drowning in a sea of spreadsheets?

The international tax system is changing rapidly as a result of coordinated actions by governments and unilateral measures designed by individual countries. With over 100 international jurisdictions collaborating on BEPS controls, cross-border finances are under the microscope like never before. Multinational companies have become subject to an increased level of audit and to a heavy volume of additional compliance.

Whilst most organisations have invested in ensuring that their Transfer Pricing and Intercompany processes are robust, effective and transparent, far fewer have invested in coherent systems to manage and report the charging of internal services and goods across their global operations. Powerful, yet agile and easy to use tools are essential to ensure that finance teams are spending the majority of their time analysing data rather than collecting and preparing it. There is an over reliance upon Excel spreadsheets which limits control over the processes and lacks standardisation. The integrity of current processes are potentially compromised as data is open to manipulation or error with a limited audit trail as it flows through the approval chain, leading to significant business risk.

There is another way.

In a breakfast seminar hosted by Oracle and Praesto Consulting, we invite you to hear from Vodafone, the UK’s largest telecommunications company and Dassault Systemes, the global hi-tech design software company about how they have both delivered Transfer Pricing solutions which reduce commercial risk, increase control and create significant efficiencies across their international functions.

This is a session for Group Finance and Tax professionals where Vodafone and Dassault will explain how, with the help of their partners Oracle & Praesto Consulting, they have both unified the management and reporting of internal transactions across their global operations, driving transparency and control. This work has delivered confidence that profitability within their operations is accurately measured and transparent for external scrutiny. It has also delivered significant efficiencies in Finance and Tax as time is freed from data preparation and into driving data insight.

We hope that you can join us at London’s historic Fortnum & Mason in Piccadilly for an excellent breakfast and a thought-provoking, interactive discussion.

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Please note that by registering for a place you are expressing your interest in attending the event. Your place on the event is only confirmed once you have been expressly notified by the organisers, Oracle and Praesto Consulting.

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Location

Fortnum & Mason

181 Piccadilly

London

W1A 1ER

United Kingdom

View Map

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