BOBST
Customer Success Story
BOBST serves the packaging industry as one of the world’s leading suppliers of substrate processing, printing and converting equipment and services for the label, flexible packaging, folding carton and corrugated sectors. BOBST is shaping a new reality where connectivity, digitalization, automation and sustainability are the cornerstones of packaging production. BOBST continues to deliver best-in-class machines, and is now adding intelligence, software capabilities and cloud-based platforms, to make packaging production better than ever.
The challenge
We were facing all the challenges of a decentralized organization with little integration: heavy dependence on external tax advisors to produce our Local Files, high related costs, absence of synergies and risk of inconsistencies and duplications. On top of that, we did not have a one-stop repository for all our Transfer Pricing Documentation.
The solution
Since 2017, we use Local File, Country-by-Country Reporting, Intercompany Agreement Database, Agreement Lab and Review report modules. The software is easy to implement and friendly to use, whether you have an administrator or a user role.
The results
In line with our new vision for the industry, TPGenie enables us to manage the whole end-to-end process and integrate all the components of our transfer pricing documentation in the most efficient, cost-effective and consistent way. TPGenie is the cornerstone of our TP compliance cycle but also brings our Tax function value and visibility towards our business leaders.
TPGenie really helps to up your Transfer Pricing documentation game. It is more than a tool.
Smartly designed, user-oriented, the software not only ensures us to be compliant with BEPS Action 13 but also allows us to structure our internal TP community and raise the TP knowledge of our people. TPGenie support team is very competent and responsive in incorporating our needs and requirements in their new software developments. They have become a true partner of our Tax transformation, keeping us ahead of the game.
BOBST serves the packaging industry as one of the world’s leading suppliers of substrate processing, printing and converting equipment and services for the label, flexible packaging, folding carton and corrugated sectors. BOBST is shaping a new reality where connectivity, digitalization, automation and sustainability are the cornerstones of packaging production. BOBST continues to deliver best-in-class machines, and is now adding intelligence, software capabilities and cloud-based platforms, to make packaging production better than ever.