Optravis is a leading Software-as-a-Service (SaaS) solution that automates the entire operational Transfer Pricing (OTP) workflow for multinational enterprises, covering intercompany transactions for goods, royalties, and services. The company was founded in 2014 and was acquired by msg systems ag in 2021.
The software streamlines the process of setting and monitoring transfer prices at the product and partner level across complex supply chains. Key capabilities include the automated calculation of Transfer Prices (TPs), incorporating an advanced rules engine that considers TP methods, customs duties, and anti-dumping regulations. It features automated forecasting at the product level to enable ex-ante price setting and minimize costly year-end adjustments.
Optravis utilizes a specialized TP data model to efficiently process raw data from various ERP systems, including SAP R/3, SAP S/4HANA, and other non-SAP platforms, without the need for manual preprocessing. The solution is a multi-tenant cloud application that provides a great digital user experience and can often get customers "up and running in 90 days." It is trusted by finance professionals in more than 100 countries and is designed to ensure compliance and audit readiness.