Introduction to Coperitas

Summary

The recent webinar titled “Introduction to Coperitas,” presented by Mike van Vuuren and Richard Slimmen, explored the innovative features and benefits of Coperitas in the evolving landscape of transfer pricing (TP). Highlighting recent developments and increasing compliance demands faced by multinational enterprises (MNEs), the presenters introduced Coperitas as a solution designed to enhance TP practices through software automation and standardization.

The platform’s key functionalities were discussed, including its three core pillars—overview and insight, monitoring, and documentation—which provide a comprehensive environment for data management, visualization, and compliance tracking. Participants learned about Coperitas’ practical applications, such as customizable dashboards and integration with Country-by-Country Reporting (CBCR) data for risk assessments.

Emphasizing flexibility and scalability, the webinar outlined various usage options, from a lean approach to full service, and invited attendees to participate in a free live demo and future sessions. Attendees were encouraged to follow Coperitas on LinkedIn for updates and additional resources.

Introduction to Coperitas (00:00 – 08:46)

• Mike van Vuuren and Richard Slimmen presenting the webinar
• Recent developments in transfer pricing landscape
• Increasing TP compliance requirements straining MNE resources
• Shift towards in-house compliance work
• Software automation and standardization as a solution
• Coperitas developed to address limitations of existing TP tools
• Key features: flexibility, ease of use, and suitability for TP and tax professionals

Coperitas Functionalities (08:47 – 14:37)

• Three pillars: overview and insight, monitoring, and documentation
• Single environment for storing and retrieving relevant data
• Visualization and analytics capabilities
• Monitoring framework for compliance and control
• Flexible approach to generate TP documentation
• Ability to manage intercompany agreements

Coperitas in Practice (14:38 – 17:29)

• Visualization of legal entity management and value chain activities
• Customizable dashboards for tracking important data
• CBCR data integration for risk assessments
• Documentation process: use of existing documents, template creation
• Central storage of generated documents

Benefits and Usage Options (17:30 – 19:31)

• Main benefits: professional digital environment, flexibility, scalability
• Multiple ways to use Coperitas: lean approach, joint effort, full service
• Independent from tax or transfer pricing advisors
• Possibility to team up with Quantera Global for TP content
• Invitation for free live demo and future webinars

Finally

• Follow Coperitas LinkedIn page for updates on future webinars (18:05)
• Contact Coperitas for a free live demo (18:52)
• Visit coperitas.com or email info@coperitas.com for more information (19:02)