Dealing with legal agreements (intercompany contracts) might sound like a headache, but it doesn’t have to be!
Our Document Creator module takes the stress out of creating these contracts by automating the whole process. Just answer a few simple questions, and voilà—customized contracts, ready to go.
Intercompany agreements are a big deal, but they’re not without their share of struggles. From time shortage to compliance risks, there’s plenty to tackle. Let’s dive into what awaits you:
While you aim passing the task of creating intercompany agreements to the legal team, it usually lands back on your desk. The problem is: tax teams often lack the time to draft and manage these documents. As a result, they’re pushed to the bottom of the priority list—until an audit forces you to get it done.
If you’re playing catchup by only thinking about these agreements during an audit it’s becoming a big problem. In most countries, these agreements can not be signed retroactively. This adds even more pressure to an already tight schedule, leaving little room for error or delay.
Drafting legal agreements is not the cup of tea of the tax team. Lacking the legal knowledge required to collaborate with legal representatives. As the legal agreements also need to be signed, this adds another layer of complexity.
Coperitas helps you fix this problem foccusing on three key solutions:
Automated Contract Creation
We streamline the process by using a centralized contract framework in combination with our questionnaire functionality to generate intercompany agreements. This ensures consistent and timely contracts ready for signing.
Centralized Storage
All contracts are stored in Coperitas’ document management system, making them easy to access and retrieve whenever needed.
Expiry Date Tracking
For contracts with end dates, our TP monitoring module tracks deadlines in the dashboard and sends alerts as the date approaches, so you never miss a renewal.
Do you know what the best part is? Generating contracts is already part of the TP documenter license—no extra costs or hassle!
