Compare Dynamic Benchmarking vs. ONESOURCE Transfer Pricing

The association sector encompasses a wide variety of organizations, including both professional and trade associations, which operate with varying budget sizes. To cater to this diversity, we have tailored our product offerings and pricing structures, enabling any association, regardless of its size or type, to take advantage of our comprehensive benchmarking solutions. While many can design a survey, only Dynamic Benchmarking equips your organization with the necessary tools to develop a study that empowers your members to evaluate their performance against their peers effectively. Our individualized, on-demand reporting and user-friendly web tools place the analytical power directly in the hands of your members, thereby increasing engagement and freeing up valuable time for your staff. The initial phase of launching a benchmarking study involves determining the specific data and key performance indicators (KPIs) that your members wish to explore. Our expert team of benchmarking consultants is available to assist you in optimizing this process, ensuring that your association can derive the maximum value from its benchmarking initiatives. Ultimately, our goal is to foster a collaborative environment where associations flourish and members gain critical insights into their relative standing.

ONESOURCE Transfer Pricing streamlines the complete transfer pricing process by aggregating data from both internal and external sources into a unified repository that contains details of international transactions along with all necessary documentation. It provides immediate access to over 2.1 million records from private and public companies, enhancing the functionality of comparable databases and benchmark search tools that automatically gather, filter, and assess benchmarks in relation to pertinent global competitors. Furthermore, a BEPS Action Manager keeps track of evolving regulatory frameworks, simplifies the preparation and submission of digital documentation, and guarantees that policy modifications are monitored and communicated throughout the organization. Tax professionals are empowered to assess, design, implement, and oversee transfer pricing policies with comprehensive, standardized documentation; they can also strategize future pricing with continuously updated comparables while ensuring a detailed audit trail for each accounting action taken. This integrated approach not only enhances compliance but also promotes transparency and efficiency in transfer pricing practices.