IP Library Patent Application 14034683
Patent Application
App. No. 14/034,683

SUPPLY CHAIN FINANCIAL ORCHESTRATION SYSTEM WITH CONFIGURABLE TRANSFER PRICING RULES

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Quick Facts
Patent No.
US None
App. No.
14/034,683
Abstract

A system is provided that determines a transfer price based on a transfer pricing rule. The system receives a request to calculate a transfer price for a transaction between a first entity and a second entity of a supply chain financial orchestration flow, where the supply chain financial orchestration flow defines a trade relationship between the first entity and the second entity. The system further receives transaction information associated with the transaction. The system further selects a transfer pricing rule from a plurality of transfer pricing rules, where the transfer pricing rule defines a rule to calculate a transfer price. The system further calculates the transfer price for the transaction based on the received transaction information and the selected transfer pricing rule. The system further provides the transfer price.

Claims (74)

1 . A computer-readable medium having instructions stored thereon that, when executed by a processor, cause the processor to determine a transfer price based on a transfer pricing rule, the determining comprising:

receiving a request to calculate a transfer price for a transaction between a first entity and a second entity of a supply chain financial orchestration flow, wherein the supply chain financial orchestration flow defines a trade relationship between the first entity and the second entity;

receiving transaction information associated with the transaction;

selecting a transfer pricing rule from a plurality of transfer pricing rules, wherein the transfer pricing rule defines a rule to calculate a transfer price;

calculating the transfer price for the transaction based on the received transaction information and the selected transfer pricing rule; and

providing the transfer price.

2 . The computer-readable medium of claim 1 , wherein the transfer pricing rule comprises a source document price-based transfer pricing rule;

the determining further comprising:

receiving a document price of a source document;

receiving a currency and unit of measure; and

applying a markup to the document price using the currency and the unit of measure to produce the transfer price.

3 . The computer-readable medium of claim 1 , wherein the transfer pricing rule comprises a transaction cost-based transfer pricing rule;

the determining further comprising:

receiving a transaction cost; and

applying a markup to the transaction cost to produce the transfer price.

4 . The computer-readable medium of claim 1 , wherein the transfer pricing rule comprises a pricing strategy-based transfer pricing rule;

the determining further comprising:

selecting a pricing strategy comprising one or more pricing rules; and

applying the pricing strategy to the received transaction information to produce the transfer price.

5 . The computer-readable medium of claim 1 , wherein the transfer pricing rule comprises an external pricing service transfer pricing rule;

the determining further comprising:

calling an external pricing service to produce the transfer price.

6 . The computer-readable medium of claim 1 , wherein the supply chain financial orchestration flow comprises one of: an inter-company trade; or an intra-company trade.

7 . The computer-readable medium of claim 1 , the determining further comprising:

determining whether a transfer price has already been calculated for the transaction; and

providing the already-calculated transfer price rather than calculating a new transfer price.

8 . The computer-readable medium of claim 1 , the determining further comprising storing the transfer price.

9 . The computer-readable medium of claim 1 , the determining further comprising defining at least one pricing rule of the plurality of pricing rules to be one of: a source document price-based transfer pricing rule; a transaction cost-based transfer pricing rule; a pricing strategy-based transfer pricing rule; or a an external pricing service transfer pricing rule.

10 . The computer-readable medium of claim 1 , wherein the transaction information comprises at least one of:

a transaction identifier;

a transaction date;

an item identifier;

a financial trade relationship identifier; or

a source document identifier.

11 . A computer-implemented method for determining a transfer price based on a transfer pricing rule, the computer-implemented method comprising:

receiving a request to calculate a transfer price for a transaction between a first entity and a second entity of a supply chain financial orchestration flow, wherein the supply chain financial orchestration flow defines a trade relationship between the first entity and the second entity;

receiving transaction information associated with the transaction;

selecting a transfer pricing rule from a plurality of transfer pricing rules, wherein the transfer pricing rule defines a rule to calculate a transfer price;

calculating the transfer price for the transaction based on the received transaction information and the selected transfer pricing rule; and

providing the transfer price.

12 . The computer-implemented method of claim 11 , wherein the transfer pricing rule comprises a source document price-based transfer pricing rule;

the computer-implemented method further comprising:

receiving a document price of a source document;

receiving a currency and unit of measure;

applying a markup to the document price using the currency and the unit of measure to produce the transfer price.

13 . The computer-implemented method of claim 11 , wherein the transfer pricing rule comprises a transaction cost-based transfer pricing rule;

the computer-implemented method further comprising:

receiving a transaction cost;

applying a markup to the transaction cost to produce the transfer price.

14 . The computer-implemented method of claim 11 , wherein the transfer pricing rule comprises a pricing strategy-based transfer pricing rule;

the computer-implemented method further comprising:

selecting a pricing strategy comprising one or more pricing rules; and

applying the pricing strategy to the received transaction information to produce the transfer price.

15 . The computer-implemented method of claim 11 , wherein the transfer pricing rule comprises an external pricing service transfer pricing rule;

the computer-implemented method further comprising:

calling an external pricing service to produce the transfer price.

16 . A system, comprising:

a transfer price request reception module configured to receive a request to calculate a transfer price for a transaction between a first entity and a second entity of a supply chain financial orchestration flow, wherein the supply chain financial orchestration flow defines a trade relationship between the first entity and the second entity;

a transaction information reception module configured to receive transaction information associated with the transaction;

a transfer pricing rule selection module configured to select a transfer pricing rule from a plurality of transfer pricing rules, wherein the transfer pricing rule defines a rule to calculate a transfer price;

a transfer price calculation module configured to calculate the transfer price for the transaction based on the received transaction information and the selected transfer pricing rule; and

a transfer price provision module configured to provide the transfer price.

17 . The system of claim 16 , wherein the transfer pricing rule comprises a source document price-based transfer pricing rule;

wherein the transfer price calculation module is further configured to receive a document price of a source document;

wherein the transfer price calculation module is further configured to receive a currency and unit of measure; and

wherein the transfer price calculation module is further configured to apply a markup to the document price using the currency and the unit of measure to produce the transfer price.

18 . The system of claim 16 , wherein the transfer pricing rule comprises a transaction cost-based transfer pricing rule;

wherein the transfer price calculation module is further configured to receive a transaction cost; and

wherein the transfer price calculation module is further configured to apply a markup to the transaction cost to produce the transfer price.

19 . The system of claim 16 , wherein the transfer pricing rule comprises a pricing strategy-based transfer pricing rule;

wherein the transfer price calculation module is further configured to select a pricing strategy comprising one or more pricing rules; and

wherein the transfer price calculation module is further configured to apply the pricing strategy to the received transaction information to produce the transfer price.

20 . The system of claim 16 , wherein the transfer pricing rule comprises an external pricing service transfer pricing rule; and

wherein the transfer price calculation module is further configured to call an external pricing service to produce the transfer price.

Assignments (1)
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Sep 24, 2013
From: NATARAJAN, KARTHIK; SANTHANAM, SHYAM SUNDAR; MANDA, KALYANI; DUVARAGAMANI, BALAJI; SESHADRI, PRABHA
To: ORACLE INTERNATIONAL CORPORATION
Reel/Frame 031264/0919 →