BlueAudit - overview

This is a project in which IBM Researchers are working in collaboration with IBM Finance, Intercompany tax and Internal audit and Investigations teams to streamline the tax transfer pricing and finance audit process for cross-border/intercompany charges (ICAs). This will enable IBM or any other MNC to track expenses and related documents to the underlying source and provider in an efficient and precise way and enhance tax transfer pricing audit readiness, intercompany finance processes, and controls. Apart from helping to defend cross-border service charges in audits by tracking and providing an immutable record of supporting documents, there are potential cost savings by standardization, reduction of the time spent by Financial Analysts in the process and in the future, offer future value add by bringing Analytics to bear on a "Dashboard" of Intercompany financial flows.