TPA Global has designed a full and automated standardized model to charge any intercompany services together with the in-house IT/Finance/Tax teams called “3x3x3”. The first in-house projects were designed and implemented 5 years ago.
OneBiller is the only full-service software solution that centralizes the intercompany accounting function of multinational organizations to automate manual processes and reduce back-office costs, reduce global compliance and tax risks, and optimize resource efficiency without using a pricey license-based implementation model. Using the “3x3x3” design together with the OneBiller implementation, companies will:
- Prevent Excessive Indirect Tax Payments Globally
- Avoid Compliance Risks & Tax Penalties
- Avoid tax on (deemed) interest payments for unpaid intercompany transactions
- Provide accurate business performance reporting
- Improve Productivity of Company Resources
FourQ is the only full-service, complete solution for automating intercompany invoice management for large, multinational organizations and their suppliers. They employ industry-leading expertise to improve shared service productivity while reducing global tax and compliance exposure.