Tools & technology
Transfer Pricing Documentation Software
Transfer pricing documentation software structures the preparation of local files, master files and related analyses into repeatable templates, drawing on centrally stored data and narratives. Rather than rebuilding documents manually each year, tax teams update source information once, and the software regenerates
These tools usually maintain a central library of group information, such as organisational charts, functional analyses and intercompany agreements, which is reused across multiple local files. Content management features track which sections have changed year on year, helping teams focus review effort on updates rather than
Many platforms also link documentation to benchmarking results, financial data and calculation engine outputs, so figures quoted in reports stay consistent with actual intercompany pricing applied. Version history and approval workflows support governance, giving tax leadership visibility over what was filed in each
In practice
What matters when applying transfer pricing documentation software
- Reuses group narrative across local files
- Tracks year-on-year content changes
- Links documentation to benchmarking data
- Supports OECD-aligned master file structure
- Provides approval and version control workflows
Frequently asked
Common questions
Can transfer pricing documentation software generate local files automatically?+
Most platforms populate local file templates from stored group data, financial figures and prior narratives, producing a draft that still needs tax review, but reduces manual drafting effort compared to a blank document each year.
Does documentation software replace the need for benchmarking studies?+
No, it organises and presents benchmarking results and financial analyses within the required report structure, but the underlying comparability searches are typically performed using separate benchmarking databases or by external advisers.
See how the tooling handles this in practice
Our transfer pricing tools calculate intercompany charges, benchmark financing and reconcile the intercompany ledger from your own data. Book a short walkthrough and we will show the workflow on a scenario that matches your group structure, rather than a generic demo dataset.