Why Aibidia
Making transfer pricing just happen
Aibidia's technology gives you full visibility of your data, and strategic control of your business – enabling you to make more considered transfer pricing decisions and build healthy global business. All via a single, secure data platform.
A better way to manage cross-border business.
Aibidia's technology gives you full visibility of your data, and strategic control of your business – enabling you to make more considered transfer pricing decisions. All via a single, secure data platform.
Introducing the industry’s only purpose-built data platform
Over the past decade the world of cross-border trade has been transformed. The ever-growing list of international tax regulation has reduced evasion and avoidance, but with the unintended consequence of an exponential increase in complexity. Aibidia is here to address this, with technology.
We have built the only purpose-built data platform for transfer pricing. It introduces a global common language, securely connects all of your data sources in a single place, and enables teams across territories and companies to collaborate there.
A common language
Much like the IFRS has done for financial reporting, we have created a global common language for all transfer pricing and cross-border business management. For the first time, it ensures businesses and regulatory bodies can work with standardized, consistent and credible data worldwide, using a common international tax language - greatly reducing opportunities for discrepancies and confusion.
Better risk management
Having a consistent data model helps ensure that businesses comply with international regulations, reducing the risk of legal repercussions.
Improved interoperability
Different systems, platforms, and software can communicate better when there's a common language to use – leading to more efficient cross-border transactions and reporting.
Actionable analytics
When data is standardized it becomes easier to aggregate, analyze, and, ultimately, act on – facilitating better decision-making at both business and regulatory levels.
A single data hub
Our platform provides a single, central hub to manage transfer pricing data from multiple global entities – while also incorporating the latest regulatory and benchmarking data from trusted third-parties. This not only ensures consistency and accuracy, but offers multinational corporations full visibility and control over all of their data in one place.
ERP data ingestion
Bring data in from ERP systems like SAP S/4HANA and other finance tools through a structured ingestion flow. Standardize, validate, and map source data into a consistent format.
Central document management
Store, track, and manage all your transfer pricing data and documentation from a single place – making it easier to demonstrate compliance during tax audits.
Secure and private data
We prioritize the security and privacy of your sensitive data, which is why we are ISO27001 and SOC2 Type 2 certified. All data is stored and transmitted in a secure and compliant manner.
A collaborative platform
For large businesses operating globally, an end-to-end platform specifically designed for transfer pricing collaboration is transformative. Through technology, it brings together global teams, trusted advisors, and even regulatory bodies to collaborate and offer solutions that are efficient, cost-effective, and adaptable to the rapidly changing global tax landscape.
Flexibility & scalability
Easily scale as the corporation grows and transfer pricing complexities increase – have the flexibility to adapt to change without time-consuming manual reconfigurations, unlike rigid generalist software.
Embrace local expertise
Embrace global data standardization, whilst still benefiting from an irreplaceable understanding of local nuance, be it from the local team or a local advisor.
Globally accessible
Ensure tax teams spread across global locations can access the centralized platform anytime, anywhere – promoting international collaboration and consistency, while keeping user access management.
Creating a single local file used to take up to six weeks. Today, it takes a few hours.
Bence Matyas
Manager EMEA Tax & Global Transfer Pricing, Trivium Packaging
Before Aibidia, our process was manual, resulting in low data quality. With Aibidia in place, we’ve saved time and improved transparency among stakeholders and entities.
Dominik Bielecki
Manager, Data Sourcing and Development, Fortum
The way we manage transfer pricing and intra-group invoicing has been completely transformed. It's more contemporaneous, more real-time, and we save a tremendous amount of work hours.
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Marika Nordlund
Head of Tax, Kemira