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OMV Aktiengesellschaft
TP Technology Implementation
Sophia Reismann
Vienna, Oct 2019
| OMV Aktiengesellschaft, Sophia Reismann, October 20192
Overview OMV Group
|
OMV Transfer Pricing 2018
3
20bn
yearly IC revenues
25
OMV entities need to
submit TP docu
22
main IC transaction
types analysed
7
Countries with open TP
audits
> 500
pages of central TP docu
p.a.
34
OMV countries require
TP docu
OMV Transfer Pricing Function
OMV Aktiengesellschaft, Sophia Reismann, October 2019
|
Intelligent automation - where are we?
OMV Aktiengesellschaft, Sophia Reismann, October 20194
Source: ITAC – Information Technology Association Canada, CGI Intelligent Automation, 25 Jan 2018
|
TP Cycle and automation examples
OMV Aktiengesellschaft, Sophia Reismann, October 20195
Setting TP
strategy
TP audits / defense
TP budgeting
TP calculation/
True up
TP docu-
mentationDefining TP
processes
Process to enable structureddata collection? workflows in place?
Consider technologicaloptions while setting thestrategy
Link to processes / guidelines? Controls in place?
Margin monitoring possible?
Structured data to allow link to docu?
RPA? TP documentationtools?
Mass data analysis? Machine learning, AI supportfor defense line?
|
TP data analysis
OMV Aktiengesellschaft, Sophia Reismann, October 20196
Data structuring
Access to central systems
Uniform availability of data in systems
Common system
Common currency
Data maintenance
Intercompany transaction data quality
CbCR data
Dashboards
External dashboards
Alteryx
Power BI
Tableau
QlikView
ERP Business Intelligence tool
| OMV Aktiengesellschaft, Sophia Reismann, October 20197
Example dashboard analysis*
Power BI / *randomized
figures
| OMV Aktiengesellschaft, Sophia Reismann, October 20198
Example dashboard analysis*
Power BI/ *randomized
figures
|
IC transaction extracts - ERP System
OMV Aktiengesellschaft, Sophia Reismann, October 20199
ERP Dashboard
ERP Dashboard
| OMV Aktiengesellschaft, Sophia Reismann, October 201910
TP information in ERP system
Identify data sources Exemplary Dimensions
Consolidation system
ERP / EPM
IC Service Charging Cockpits
Excel
Other systems
Necessary TP data mostly covered byother data needs (finance, tax, VAT)
Intercompany partners
Countries
IC Accounts
Material types
Service types
Cost / profit centers
Contract number
Tax jurisdiction
| OMV Aktiengesellschaft, Sophia Reismann, October 201911
TP Documentation
Increased automation Mapping of Transaction types
Process setup
Modular setup
Workflow solutions
User feedback along the process
Master data link
RPAs
Rule-based identification of
transaction types
Countries
Companies
Accounts
Material types
Step-by-step improvements
| OMV Aktiengesellschaft, Sophia Reismann, October 201912
Outlook
Manual data processing
Excel, Word
Artificial intelligence
Advanced benchmarking
Data standardization, harmonization
Data analytics tools
Dashboards, TP data in ERP systems
Workflow management solutions
Improved data collection
Robotics
Data collection, link between systems
Machine learning
Margin monitoring,
support mass data interpretation
OMV Aktiengesellschaft
OMV Aktiengesellschaft
ContactOMV Aktiengesellschaft
Trabrennstrasse 6-8
1020 Vienna
Corporate Communications
www.omv.com
www.omv.com/socialmedia
ContactOMV Aktiengesellschaft
Trabrennstrasse 6-8
1020 Vienna
Sophia Reismann
www.omv.com
www.omv.com/socialmedia
