Transfer pricing automation means using software to run the core of your TP compliance and operational transfer pricing processes, instead of relying on separate Excel files and manual documents. We help you bring data, workflows, questionnaires, and document generation together in a single cloud-based application, complete with an OTP module, Document Creator, and analytics (such as an integrated Pillar II safe harbour dashboard). This article provides an overview of what TP automation is, what solutions are available, how an implementation works, what to look for when selecting software, when it offers the most value, and what concrete results you can expect.
What is transfer pricing automation and which processes can it support?
Transfer pricing automation involves using software to embed your TP policy, data flows, and documentation, making the process repeatable and auditable year after year. The Coperitas application supports both documentation (master file, local files, intercompany agreements) and operational transfer pricing, such as periodic margin calculations and intercompany invoicing. Typical tasks we automate include data import (e.g., bulk import from your ERP via Excel), sending questionnaires to local teams, creating workflows for review and approval, and generating documents with connected templates. This approach reduces key-person dependency, prevents Excel errors, and provides better oversight when audits occur. Read the full explanation of what we automate
What types of transfer pricing automation solutions exist and how do they differ?
In practice, there are three main types of solutions: simple document generators, standalone TP tools, and broad tax platforms. Our approach places TP automation within a specialized, cloud-based platform fully dedicated to transfer pricing and related compliance, including OTP, benchmarking support, and Pillar II dashboards. While basic document generators mainly merge text, we combine connected templates with a flexible data model, workflows, and analytics. Our pricing structure is intentionally simple: a fixed annual fee per country instead of complex modular pricing, ensuring both your documentation and operational processes are covered in one solution. View the different types of TP automation solutions in detail
How do you implement transfer pricing automation step-by-step?
A successful implementation starts with a thorough process review: what does your current TP documentation and OTP cycle look like, and where are the Excel files, manual calculations, and recurring bottlenecks? Next, we collaborate with tax, finance, and IT teams to design the desired data flows, identifying which data will come from ERP or consolidation systems and what will be gathered via questionnaires. We then configure Coperitas with data imports, workflows, deadlines, dashboards, and templates, often starting with one or a few countries. Finally, we guide teams with training, support, and, if needed, Coperitas Assist, where we manage the automation behind the scenes and you receive ready-to-use documents. Read the step-by-step approach for implementation
What should you look for when choosing transfer pricing automation software?
When selecting software, the key factors are control, scalability, and usability for all involved teams. You need a solution that enables globally consistent work but is flexible enough to support different entities, document types, and TP methods. In Coperitas, for example, you can combine central policies with local questionnaires, use dashboards for oversight, and leverage a Document Creator that aligns with the OECD’s three-tier structure. Also, consider data modeling (like bulk ERP imports), security, roadmap transparency, and post-launch support. We deliberately invest in our own development team and a global Business Partner Network to ensure the software evolves with regulations like BEPS and Pillar II. View the complete checklist for software selection
In which situations is investing in transfer pricing automation most beneficial?
TP automation becomes particularly valuable once you are managing multiple master files, local files, and OTP cycles annually, or if you consistently face time shortages during peak periods. We see fast-growing scale-ups and larger multinationals make the switch when Excel sheets become unmanageable, global deadlines are difficult to track, and audits become more frequent. It is also a logical step when facing new or heavier obligations, such as extra documentation requirements per country or Pillar II safe harbours, which demand an integrated dashboard. With our platform, you can choose to work independently, collaboratively with our team, or outsource partially or fully through Coperitas Assist. Read about when TP automation pays off
What concrete results can you expect from transfer pricing automation?
With a well-configured solution, you can often reduce the annual TP documentation and OTP cycle from weeks to days, as data, workflows, and document generation are already prepared. For our clients, this translates into less year-end stress, fewer year-end adjustments, and fewer surprises during audits. Centralized data, connected templates, and automatic documentation updates also improve consistency between your master file, local files, and intercompany agreements. Furthermore, our integrated Pillar II safe harbour dashboard and analytics provide better insight into risks and margins, making TP compliance not only more efficient but also more predictable and controlled. Discover the results you can achieve