Service Charge Management Engine

A PwC Product

Automate and streamline intercompany service charges for real-time effective tax planning.

The collation of data and calculation of intercompany service charges is often time-consuming, resource intensive and prone to manual error due to large volumes of data. This limits the ability for real-time sensitivity anaylsis and forecasting.

Common pitfalls include:

  • Records maintained tend to fail tax authorities' expectations in terms of depth and accuracy
  • Limited availability of supporting documents
  • Weak internal controls and/ or consistency of approach in calculation of the charges.

Service Charge Management Engine

A PwC Product

Automate and streamline intercompany service charges for real-time effective tax planning.

The collation of data and calculation of intercompany service charges is often time-consuming, resource intensive and prone to manual error due to large volumes of data. This limits the ability for real-time sensitivity anaylsis and forecasting. Record keeping tend to fail in meeting tax authorities' expectations in terms of depth and accuracy; availability of supporting documentation and internal controls and consistency of approach in methodology.

Introducing the Service Charge Management Engine

Service Charge Management Engine automates and streamlines the data collation and calculation of intercompany service fees. This allows time for effective analysis of allocations/charges made while ensuring compliance with designed policy and proper record keeping.
SCME is fully scalable and modular, comprising an evidence collation tool, a data collation and computation workflow and a management dashboard.

Service Charge Management Engine is able to:

  1. automate data collation both for service providers and recipients, acting as a repository which enables data transparency
  2. automate cost allocation and service fee calculations using readily available management accounts
  3. perform real-time scenario analysis and impact/risk assessment with an interactive visualisation dashboard.

Please note that the scope of permissible products/services to be provided will be subject to certain restrictions if you are a PwC audit client or an affiliate of a PwC audit client.

Features and benefits
  • Operational efficiency and automated calculation of service charges for group entities
  • Cost allocation reporting analytics
  • Tax and local financial reporting risk management (both compliance and audit defense ready)
  • Bespoke modular customisation and scalability options
  • Servicing strategic finance and business objectives
  • Robust respository of records supporting the charges

Request a demo

To know more about Service Charge Management Engine, please fill in the following form and we will be in touch with you.

Please note that the scope of permissible products/services to be provided will be subject to certain restrictions if you are a PwC audit client or an affiliate of a PwC audit client.