Case Study: Grifols achieves faster, more transparent intercompany transfer pricing with Profit&

Grifols cuts intercompany service charge processing from days to a few hours with Profit&

Grifols, a multinational pharmaceutical company and a global leader in plasma-derived medicines, faced challenges with its manual, error-prone transfer pricing processes that relied on Excel. Increasing regulatory pressure and a lack of transparency necessitated a solution to automate intercompany costing and free up skilled staff. Profit& developed a solution using SAP PCM to address these issues.

The solution implemented by Profit& automates intercompany service charges using a waterfall methodology based on actual data, which is then integrated into the invoicing process. This reduced the monthly process time from several days to just a few hours. The new system provided Grifols with greater accuracy, transparency for tax authorities, and the ability to run on-demand scenario analyses. Profit& helped Grifols significantly improve efficiency and audit readiness.

Grifols