Exactera
AI-Driven Transfer Pricing Benchmarking Solution
Pages
2
Time to read
3 mins
Publication
Language
English
Pages
2
Time to read
3 mins
Publication
Language
English
This document is a guide that outlines the features and functionalities of ExactMatch, an AI-driven transfer pricing benchmarking search solution. ExactMatch is designed to enhance the efficiency of profit-based-method comparable searches by utilizing multi-source data to generate local tested-party comparable sets of public and private companies. The guide details how ExactMatch eliminates human subjectivity in benchmark selection by focusing on functional profiles rather than standard industry classification codes. It explains the benefits of automating searches, accessing real-time data, and filtering results based on geography and profitability. Additionally, the document addresses challenges faced by service providers, such as limited resources and the need for local benchmarks mandated by tax authorities. ExactMatch aims to produce reliable comparable sets quickly, thereby allowing tax professionals to scale their operations and serve more clients effectively. The guide emphasizes the importance of transparency in pricing and the potential for increased efficiency in tax compliance processes.