Cost planning for allocation

From manual effort to strategic profit

The correct calculation of internal service costs is no longer an optional extra, but an obligation. After all, transfer prices have a significant influence on the operating result and are therefore also relevant under tax law.

In the absence of actual data for costing and subsequent service billing, planned data is usually used first. However, this also needs to be determined and collected within the company first. In reality, this means that plan figures are requested manually, e.g. by email, from the various cost center managers, consolidated in spreadsheets and evaluated. A real Sisyphean task - especially as experience has shown that feedback is often received in pieces and often only after repeated follow-ups.

Calculate transfer prices in accordance with the rules

But there is another way!

With insightpro, you set the course for efficient planned cost calculation as part of Operational Transfer Pricing (OTP). The integrated planning function of our OTP solution automates the retrieval and consolidation of relevant costs, making the entire process of internal service allocation much easier. Plan data from existing planning solutions can also be transferred. And that's not all: the planned figures on which service charging is based can then be continuously compared with the actual data and balanced using the true-up functionality. An important aspect! This ensures correctness and compliance in charging, even when plan data is initially used.

Hassle-free cost calculation

When billing on the basis of plan data, service providers are automatically prompted via integrated workflows to enter the necessary data directly in insightpro using the web-based planning function. If this is not done within the defined time window, the system automatically issues a reminder. Time-consuming manual follow-up is therefore a thing of the past. Consolidation and transmission errors too!

End-to-end traceability

Plan data often forms the basis of internal service charging. With insightpro and the integrated planning function, charging bases can be easily tracked - both in the context of current planning and retrospectively. Our OTP software maps every step of the entire charging process, including plan data determination, in one centralized solution. You can answer queries about the calculation basis for your internal service charging in no time at all.

Overview and
control

Are the target figures for all service providers available? Is the information provided consistent? Is there still a need for action? Determining costs for operational transfer pricing is a complex task. Thanks to insightpro, you can keep the reins firmly in your hands here. The planning cockpit of our OTP software allows you to see at a glance which feedback is still missing and you can request it at the touch of a button.