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Transfer Pricing

Financial Services Review: Where Efficiency Meets Expertise

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When it comes to tax compliance, an ideal solution should empower tax professionals, relieving them of manual processes, generic tools, and time-consuming data analysis.

It should enable them to perform their work more effectively, either by directly supporting their core services or by taking on specific tasks they can confidently delegate. This allows them to focus on higher-value priorities in an increasingly complex regulatory environment.

As global tax rules grow more demanding and audit scrutiny intensifies, modern tax teams are turning to platforms that simplify compliance, improve accuracy, and reduce manual effort. The shift toward automation and insight-driven tools is helping organizations stay ahead without overstretching limited resources.

Supporting this transformation, Exactera delivers a comprehensive, technology-driven platform that helps tax teams meet evolving compliance demands with greater speed and confidence. By combining intuitive software with deep industry expertise, the company offers scalable solutions that streamline corporate tax processes and ease operational burdens.

With a legacy rooted in supporting corporate tax departments, Exactera has long played a central role in transfer pricing. Over the years, it has expanded into R&D tax credits and the income tax provision, two areas where companies often face mounting compliance burdens and increasingly detailed documentation requirements.

Through these offerings, the company remains true to its core mission: to simplify complexity, boost productivity, and ensure compliance. This mission extends beyond automation. Exactera helps tax professionals, whether service providers or MNE teams, reclaim time, reduce errors, and gain confidence in their reporting outcomes.

“We are here to help tax professionals do their jobs better. Whether that means automating documentation, providing defensible benchmarking, or simply giving teams back their time, our goal is to be the partner they can trust and rely on,” says Michael Hickman, CEO.

Integrated Solutions for Key Tax Functions

Exactera delivers a cohesive suite of tools designed to improve efficiency across essential corporate tax operations.

Transfer pricing remains the centerpiece of Exactera’s platform. This area continues to draw heightened attention from tax authorities worldwide. With regulators increasing enforcement and refining local documentation standards, companies are under pressure to produce timely, country-specific reports. Traditionally, this effort could take 25 hours or more per report. The company’s tools cut this time to around ten hours by automating key steps such as benchmarking, report generation, and data aggregation.

A hallmark of Exactera’s platform is its localization engine. This feature ensures that reports are customized for each jurisdiction in language, formatting, tone, and terminology. Reports are designed to appear as if they were created by a local expert with deep knowledge of the country’s tax code. Whether a business operates in India, Brazil, or Germany, the output is jurisdiction-compliant and audit-ready.

The platform’s benchmarking capabilities go beyond standard industry practice. Instead of depending solely on general SIC codes, which can be overly broad, Exactera uses AI to analyze business descriptions. This enables the software to find more precise comparables that better reflect the company’s functional profile.

This innovation strengthens documentation quality and reduces audit risk. For multinational organizations managing multiple entities, the company provides added consistency across jurisdictions. Its centralized system maintains templates, methodologies, and prior filings, ensuring documentation remains uniform and minimizing the risk of oversight.

ExactReport, the latest product in Exactera’s AI-driven transfer pricing suite, reflects where the company is headed. Exactera is leading the AI tech revolution for transfer pricing professionals by building products that empower both corporate tax teams and the service providers who support them. With ExactMatch, it introduced AI-powered benchmarking to help tax professionals quickly identify the most comparable companies. Now, with ExactReport, the company is extending that innovation into local file documentation, enabling firms to scale compliance reviews with AI-driven precision and reduce reporting times by half.

A Complete Transfer Pricing Ecosystem

Exactera’s vision for the next 18 to 24 months is to deliver a fully integrated, end-to-end transfer pricing solution. While companies today must often rely on multiple vendors for data, valuations, and report creation, Exactera is working to bring these elements together in one unified offering.

This includes tools for royalties, loan transactions, and other specialized valuations that are essential to complete a transfer pricing report. The company plans to expand its AI capabilities and streamline these processes further, making it easier for tax professionals to handle compliance independently or with support.

The company’s R&D Tax Credit Services assist businesses in claiming available tax incentives across the U.S., Canada, and Puerto Rico. The solution automates the data collection process and ensures alignment with regulatory standards, enabling clients to maximize the value of earned credits with less effort.

Its Income Tax Provision tool, which supports ASC 740 compliance, streamlines the entire provision process. By automating calculations, managing book-to-tax adjustments, and producing audit-ready reports, teams can cut their provision calculation time by up to 65 percent. This allows financial professionals to shift focus from manual reporting tasks to forward-looking planning.

Exactera’s value extends beyond its platform. It also lies in how services are delivered. The company understands that every client organization operates differently. Some have experienced internal tax teams, while others rely heavily on external advisors. Many operate with lean staff and high expectations. To meet this range of needs, it offers three distinct engagement models: self-service, managed service, and hybrid.

Exactera’s value extends beyond its platform. It also lies in how services are delivered. The company understands that every client organization operates differently. Some have experienced internal tax teams, while others rely heavily on external advisors. Many operate with lean staff and high expectations.

To meet this range of needs, it offers three distinct engagement models: self-service, managed service, and hybrid.

In the self-service model, tax professionals use the platform independently. Built-in tools, robust benchmarking databases, and customizable templates enable them to complete documentation efficiently while retaining control over the process. For companies that prefer to outsource, the managed service model provides end-to-end support. The company handles the entire process, making it especially useful for organizations facing
bandwidth constraints, tight deadlines, or complex jurisdictional requirements.

The hybrid model offers a collaborative option. Clients and Exactera’s experts work together on specific components, achieving both speed and accuracy while maintaining internal oversight. Regardless of the chosen model, clients benefit from a unified platform with real-time visibility into progress. Leaders can track tasks, leave comments, and approve drafts, all within a single system that reduces miscommunication and eliminates bottlenecks

Enabling Growth for Mid-Sized Firms

Exactera supports both large enterprises and growing mid-sized firms. One notable example is a partnership with a regional accounting firm that wanted to expand into international tax services. Without internal transfer pricing expertise, the firm collaborated with Exactera to deliver white-labeled services to its clients.

By gaining access to the platform, receiving tailored training, and working with Exactera’s support team, the accounting firm was able to serve multinational clients without expanding its headcount. This partnership opened new revenue streams while ensuring that clients received high-quality, audit-ready documentation under the firm’s trusted brand. audit-ready documentation under the firm’s trusted brand. This case demonstrates the company’s value in helping smaller firms scale their services and build new capabilities without compromising quality.

Enhancing Human Expertise through AI

Exactera exemplifies a thoughtful approach to AI. Rather than aiming to replace tax professionals, the company focuses on using technology to enhance human capabilities. Its AI tools handle routine tasks that would otherwise be time-consuming, such as filtering thousands of comparable companies or updating existing transfer pricing reports.

The platform prioritizes quality over volume. Using AI to analyze business descriptions instead of generic codes helps professionals select the most relevant comparables and discard unsuitable options. The result is more robust, defensible reports.

The future of tax is changing. With increasing demands for transparency, speed, and accuracy, professionals need tools that keep up and help them lead. Exactera delivers that promise. By uniting AI technology, expert insights, and adaptable service models, the company helps organizations reduce risk, save time, and improve compliance across borders.