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Operational Transfer Pricing Processes Automation

Haleon

Customer story

Haleon needed an automated solution to consolidate Operational Transfer Pricing (OTP) into a single process to shorten execution time and reduce IT dependency.

Haleon@2x

COMPANY

Haleon plc.

World-leading consumer health company

HEADQUARTERS

Weybridge, England

EMPLOYEES

22,000+

WEBSITE

www.haleon.com

INDUSTRY

Healthcare - Consumer Goods

PRODUCTS & SERVICES

Oral Health, VMS and Over-the-Counter (OTC) Products

SAP PaPM allows us to automate a large volume of our Operational TP processes, shortening the execution time significantly while producing a high quality result. It has facilitated significant transformation in our OTP operating model.

Peter Sidwell

Global Process Owner – Tax & Statutory Accounts at Haleon

What was accomplished

Our industry-focused teams specialize in understanding specific business needs to shape solutions that create efficiencies and power performance. We speak your language, and our deep industry experience provides the best framework for delivering action-oriented results that fit your operational needs.

 

 

SOLUTION

SAP Profitability and Performance Management (PaPM)

  • Profitability calculations on Brand, IP Owner and SKU level
  • Fully integrated with internal systems, components and external systems
  • Enhanced reporting purposes with SAC integration
  • Strong user experience with reduced IT involvement

 

Learn more

CHALLENGES

Enabling effective yearly monitoring of Tax Rate

  • Decrease post-year-end TP adjustments with timely OTP processes to improve Group Tax and Statutory financial reporting
  • Improve audit trail to boost defence capabilities and documentation quality needed in Tax Audits
  • Generate quality information regarding goods flows, value chain analysis and BU financial profile

BENEFITS

Automate. Adjust. Report.

  • Transparency in analyzing complex cost allocation and tracing results back to cost origin
  • Key process automation to remove manual work
  • Allow local adjustments and accounting requirements
  • Generate standardized reports during process execution to review results and identify errors

Why msg global

Operating from offices across the globe, our expert teams help clients achieve operational efficiency and improve decision-making capabilities.

 

 

Project delivery as promised

State-of-the-art solution for key customer requirements

Successful project management

Detailed results traceability

Remarkable team performance

Provided best-practice approach across multiple requirements

Project support HyperCare

>100 global users working with PaPM on a daily basis

msg global supporting Halleon

We bring expertise, a customer-centric philosophy, and a focus on innovation to everything we do.

 

 

Global experts

SAP PaPM based OTP solution development and implementation.

Strategic consulting

Focus on long-term success and a cooperative partnership

Digital transformation

Support from design through implementation and HyperCare for efficient project delivery

Want to learn more?

Reuther-Andreas

Andreas Reuther

Board Member