Article
Deloitte TP Digital DoX
Technology enabled TP documentation Now with Strategic Scoping capabilities!
Evolving implications from the OECD's Action 13 guidance are challenging businesses to find more efficient, centralized and integrated ways to plan and manage TP documentation processes. Tax audit activity is on the rise as authorities seek to widen tax bases. Increased desire for transparency is compelling businesses to adopt a centralized TP documentation approach and examine TP on a unified, consistent global/regional basis.
Technology enabled TP documentation
Deloitte TP Digital DoX is a web-based solution to facilitate and streamline the efficient preparation of TP documentation reports, while allowing for close collaboration between and among Deloitte and project teams.
Factual and financial information is gathered via user-friendly online questionnaires, the responses to which are mapped into automatically generated TP Master File, Local File or stand-alone reports following a modular approach.
Why use Deloitte TP Digital DoX?
- Streamlines information gathering and report compiling to support the entire lifecycle of a TP documentation engagement
- Facilitates an integrated, online process to generate local and OECD/BEPS compliant transfer pricing documentation reports
- Enhances project efficiencies and helps manage human error
- Facilitates increased collaboration of Deloitte/project teams globally
- Flexible and scalable to meet expanding business needs
Key features
- Web-based user-friendly solution
- Automatic report generation
- Central management and audit trail
- Modular approach to TP documentation
- Time and resource savings
Introducing the Strategic Scoping Tool, a new addition to Deloitte TP Digital DoX
The Strategic Scoping Tool offers an automated, algorithmically-based and globally consistent approach to TP project scoping that is flexible, efficient, transparent, and designed to enable collaboration throughout the entire project planning process.
Why use the Strategic Scoping Tool?
- Access capabilities provide users with direct insight into individual factors that shape Deloitte’s scoping assessment and the ability to explore each scoping decision in-depth.
- The structured and methodical approach to scoping and project planning brings together relevant factors for consideration so that consensus is reached on each step of the process before moving forward.
- The ability to adjust scale, quickly adapt to changes, and make manual modifications in real time can help overcome any unexpected roadblocks and create a flexible, streamlined scoping process.
- The automatically generated project work plan provides a detailed project framework and speeds up the project management initiation.
- A centralized, globally consistent starting point to TP project planning facilitates seamless integration of the Deloitte teams, providing you with consistent TP documentation services across the world.
Key features
- Proprietary scoping algorithm, which you can approve or amend to meet your needs
- Globally standard consistent approach
- Efficient, automated, scalable and flexible technology
- Built-in collaboration and transparency opportunities
- Real-time scope and work plan adjustment capabilities
- Streamlined information gathering
To learn more or see a demo of TP Digital DoX and the Strategic Scoping Tool, contact your Deloitte client service team.