Redefining transfer pricing compliance: How Integral CTO Chidambaram Bhat is modernizing global tax compliance

Chidambaram Bhat’s unique stance on global tax compliance

 Chidambaram Bhat’s mission to change mindsets about transfer pricing

In the world of multinational business, transfer pricing has long been viewed as a complex, opaque, and risk-prone compliance burden. However, Chidambaram Bhat, Co-Founder and CTO of Integral Technologies, believes that time is over.

“Transfer pricing should not be a fire drill,” says Bhat. “It should be a proactive, data driven and automated using cutting edge AI function. This is the future we’re building at Integral.”

Backed by venture capital and fueled by cutting-edge AI, Integral Technologies is emerging as a category-defining company in a space which historically lagged behind in digital transformation. With Bhat at the technical helm, the startup is reimagining how global enterprises manage their intercompany transactions, bringing automation, transparency, and real-time analytics to a function that governs exorbitant amounts in global trade annually.

The new era of transfer pricing

Transfer pricing has always been a high-stakes issue for multinational corporations. This is the pricing of goods, services, and intellectual property between affiliated entities in different countries.

According to the IRS, transfer pricing adjustments accounted for over $14 billion in proposed penalties in recent years, making it one of the most scrutinized areas in international tax.

“Most companies still treat it as a once-a-year documentation exercise,” Bhat explains. “That’s like trying to steer a ship by checking your compass once every 12 months.”

Integral flips that model on its head. Its AI-powered platform enables continuous compliance, real-time transaction monitoring, and predictive risk assessments, turning what was once a static reporting task into a living, responsive capability. “We’re giving global tax leaders and CFOs the tools they need to see around corners,” says Bhat.

Building the infrastructure for global trust

Integral Platform seamlessly integrates intercompany data at scale, enrich tax logic and generate country specific documentation with a click of a button. More importantly, it creates an audit-ready, data-backed trail that aligns with OECD guidelines and local regulations. This is a key need as countries ramp up enforcement.

“Global compliance is getting smarter,” notes Bhat. “The OECD’s Pillar Two framework, BEPS regulations, and local digital tax mandates are converging to require real-time visibility and interoperability. Our mission is to meet that moment.”

Bhat brings two decades of experience building global financial systems. He has designed Integral’s architecture for scalability and adaptability. “In addition to solving a tax problem, we’re solving an enterprise data problem, with compliance as the first application.”

Educating the market

In many ways, Bhat and Integral are shifting mindsets. “We spend a lot of time educating the market,” Bhat says. “Many CFOs and tax leaders still view transfer pricing as a legal or accounting issue. But today, it’s a data issue. If you solve the data problem, you unlock strategic value.”

To support that vision, Integral publishes white papers, partners with top notch firms, and participates in global tax and technology forums. Its approach is resonating with a new generation of finance and compliance leaders who see AI automation as essential to scale.

“Modern CFOs don’t want to manage tax with spreadsheets and PDFs,” says a senior partner at a U.S.-based advisory firm. “They want dashboards, alerts, and audit-ready documentation. Integral is setting that new standard.”

The road ahead

Bhat’s long-term vision goes beyond transfer pricing. “Intercompany compliance is just the beginning,” he says. “We’re building the infrastructure for real-time, AI-driven tax operations, across VAT, customs, and beyond.”

With increasing interest from enterprise clients, Integral is scaling fast. The company recently expanded its U.S. operations, launched support for APAC jurisdictions, and is developing predictive audit tools that can flag anomalies before regulators do.

“The future of tax is continuous, connected, and computational,” Bhat says. “That’s the category we’re building, and we’re just getting started.”

By transforming transfer pricing from a reactive process into a strategic asset, Bhat is ensuring that transfer pricing will never be an afterthought again.