Industry-first ONESOURCE Operational Transfer Pricing Software Enables Greater Precision, Transparency and Compliance

Thu Jan 31, 2013 9:00am EST

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New York, Jan. 31, 2013 - Thomson Reuters newest corporate tax and accounting product enables
multinational companies to more effectively and efficiently manage transfer pricing data,
compliance and reporting in real time. Developed in response to global industry challenges, this
product collects, validates and standardizes data from multiple ledgers into a centralized system,
providing reporting visibility on demand instead of the traditional yearly process. Armed with
this technology, corporate tax professionals can identify and communicate areas of risk early in
the year. This new solution -  the first of its kind in the market - provides an unprecedented
level of control, transparency and reporting detail that allows companies to effectively manage,
forecast and plan transfer pricing throughout the year.

Elizabeth Blatchford is manager of transfer pricing strategy and analysis at Ford Motor Company,
an early adopter of the product. "Our team needed to streamline an extremely labor-intensive
transfer pricing process," she explains. "With ONESOURCE Operational Transfer Pricing, reporting
that used to take four months can be done in just a week, allowing us to reallocate our resources
to more strategic activities."

 ONESOURCE Operational Transfer Pricing helps ensure compliance and minimize risk by allowing
users to monitor and respond to transfer pricing results before the books close. An automated
process reduces margins of error and significantly cuts down on weeks of manual analysis. The
solution also enables companies to improve management of reserves and uncertainties associated
with transfer pricing risk. Never before has a solution been able to provide this level of detail.

"Our software is the first and only in the industry that allows for this deep level of control and
reporting," said Joe Harpaz, managing director of the corporate division within the Tax &
Accounting business of Thomson Reuters. "ONESOURCE Operational Transfer Pricing ensures the
integrity and consistency of intercompany pricing, putting both companies and governments at

For more information on this revolutionary new solution and other products in the ONESOURCE suite
of products, visit . To request a demo of this product, contact
, or call 212-404-8689.

About Thomson Reuters

 Thomson Reuters is the world's leading source of intelligent information for businesses and
professionals. We combine industry expertise with innovative technology to deliver critical
information to leading decision makers in the financial and risk, legal, tax and accounting,
intellectual property and science and media markets, powered by the world's most trusted news
organization. With headquarters in New York and major operations in London and Eagan, Minnesota,
Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters
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go to .


 Lisa Travnik                                                                 
 Aimee Quemuel                                                              

Lisa Travnik

 Aimee Quemuel


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Source: Thomson Reuters Corporation via Thomson Reuters ONE



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