Exactera

Overview

Exactera is a United States-based software company founded in 2016, specializing in financial software solutions. With a workforce of 51 to 200 employees, the company focuses on enhancing transfer pricing benchmarking through its AI-driven product, ExactMatch. This solution is designed to conduct profit-based-method comparable searches by analyzing multi-source data to generate local tested-party comparable sets of both public and private companies. ExactMatch aims to improve the reliability of benchmarking by selecting comparables based on functional profiles rather than solely on standard industry classification codes. The platform also addresses the challenges of manual vetting in benchmark searches, which can lead to subjectivity and potential disputes with tax authorities. By leveraging artificial intelligence, ExactMatch seeks to streamline the benchmarking process, increase efficiency, and provide a comprehensive approach to identifying true transfer pricing comparables. The company emphasizes the importance of producing robust, defensible arm’s length ranges tailored to meet country-specific requirements.

Industry