Aibidia and IBFD Launch TP Aurora: A Groundbreaking AI Transfer Pricing Research Assistant

2 minutes

Aibidia, a leader in digital transfer pricing (TP) software, has teamed up with the International Bureau of Fiscal Documentation (IBFD), a globally respected authority in tax research and data, to launch TP Aurora - a cutting-edge AI research assistant built specifically for the complex world of transfer pricing.

TP Aurora is designed to revolutionize how tax professionals access and interpret TP regulations, making it faster and easier to navigate the ever-evolving global tax landscape.

Aibidia and IBFD team

AI innovation built for real-world transfer pricing challenges

This launch marks a major milestone in a strategic partnership aimed at solving today’s toughest tax and transfer pricing challenges with the power of AI. TP Aurora brings together Aibidia’s cutting-edge technology and IBFD’s unmatched depth of TP data to deliver a first-of-its-kind research assistant - built specifically for the needs of transfer pricing professionals.

“We’ve created a solution that redefines how professionals access and apply complex transfer pricing information. TP Aurora is an AI driven research assistant that will become the new go-to-tool for intelligent, efficient, and accurate TP research,” says Tom Nuorivaara, Head of Product, AI at Aibidia.

TP Aurora takes the complexity out of transfer pricing research, providing fast, intelligent access to both international and local guidance on legislation, benchmarking, and compliance. Simply type your question into the TP Aurora search bar, and it instantly scans IBFD’s trusted data to deliver a clear, accurate answer to your question based on this data.  

“What sets TP Aurora apart is the quality of the data that powers it. Every answer to your prompt is grounded in curated, up-to-date, and reliable IBFD data - the gold standard in international tax research,” says Wieneke Brandt, Director Product Management & Delivery at IBFD 

Who will benefit from TP Aurora?

TP Aurora is designed with the end-user in mind, delivering accuracy, speed, and clarity across key stakeholder groups:

  • Heads of Tax: Stay informed on evolving TP legislation, local practices, and case law to make strategic decisions with confidence.
  • Tax and TP Managers: Enhance TP compliance and risk assessment through more efficient, accurate research.
  • Finance and Business Controllers: Ensure consistent TP policies across jurisdictions with dependable legislative insights.

When is TP Aurora available?

As of today, TP Aurora is available to all. You can request your free trial here.

Time efficient. High-quality answers. Data you can trust. Welcome to the new frontier in transfer pricing research.