ABOUT US

OW Analytics is a modern consulting company created by a leading advisory firm Olesiński i Wspólnicy. OW Analytics is specialized in conducting broadly defined analytical projects. Initially, the leading service provided was performing benchmarking studies for transfer pricing purposes, which originated from new provisions of transfer pricing regulations in Poland, effective January 2017.

With time, our offer has been extended by other services, based on our knowledge and competence in the area of finance, analysis, statistics and accounting. Analytics team’s competences and experience are complementary to those possessed by Olesiński i Wspólnicy, which means that projects are often carried out jointly by both companies.

Knowledge
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Analytics
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Our services

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TRANSFER PRICING BENCHMARKING
Effective 2017 the documentation requirements regarding transfer pricing in transactions between related entities have been significantly expanded. In addition to local file documentation prepared in a descriptive form, taxpayers are required to demonstrate that the prices or margins established in intragroup transactions do not differ from the terms agreed in non-controlled transactions. This is achieved by comparability analysis (benchmarking).

Analysis of comparative data is often based on complex financial models that require access to unique financial data and in-depth knowledge of finance, risk assessment, statistics and econometrics. Due to the specificity of transactions, the process of preparing comparative data is usually very complex and involves obtaining financial data on similar transactions, followed by statistical processing of these data, including expert adjustments.
INTRAGROUP TRANSACTIONS
Transfer pricing is subject to increasing interest of tax administrations. Recently the number of tax inspections in this area has grown significantly, and findings of the inspectors question settlements of taxpayers in an increasingly competent and effective manner. This is a global trend and its reversal is not expected. Therefore, it is crucial for enterprises within the capital groups to not only prepare the required tax documentation, but also to set the terms of the transaction between related entities in order to meet the arm's length principle. Using the extensive experience gained in the preparation of benchmarks, OW Analytics experts specialize in creating tools that allow clients to determine the terms of intragroup transactions, such as e.g. loans.
VALUATIONS
There are a number of cases where it is necessary to determine valuation of an enterprise or part thereof. Such situations occur, among others, when:
- a company is sold or bought, as well as in case of mergers,
- an enterprise is contributed in kind to the acquiring company,
- change of the legal form of an enterprise takes place,
- an organized part is separated, within an existing enterprise, which may then be sold or contributed.

Specialists participated in a number of projects related to the valuation of enterprises and frequently advise clients in this field. In addition, we specialize in advisory related to the accounting for acquisitions and mergers in consolidated financial statements prepared in accordance with IFRS and Polish accounting standards.
BUSINESS PLANS
An inherent element of investment processes is often search for external funding (e.g. subsidies, loans). In such a case, it is necessary to prepare a business plan which may cover forecast of company's financial results. OW Analytics has extensive experience in modeling business plans, including for start-ups.
DUE DILIGENCE
Acquisition of an existing enterprise may turn out to be the best way to expand business operations, increase market shares or enter a completely new market. Such a transaction may, however, expose the buyer to many risks resulting from the lack of detailed knowledge about the status of the acquired entity. The process of recognizing risks and calculating their impact on the financial position of the business taken over is a process of due diligence.

OW Analytics conducts financial due diligence, while in the area of legal and tax due diligence, we recommend Olesiński & Wspólnicy. A great advantage of completing the due diligence process to the full extent is not only getting to know the acquired company better, but also obtaining arguments that may be helpful in the purchase negotiations.
APPLICATIONS
Pressure of business environment and increased competitiveness encourage entities to continuously increase effectiveness of their internal processes, which in practice forces them to improve their efficiency. Constantly changing regulatory environment results in the necessity to implement tailored IT solutions aimed at automation of important business processes and reduction of compliance risk.

The combination of expert knowledge of Olesiński & Partners advisors and many years of business experience allows OW Analytics to create IT tools tailored to the individual needs of customers, taking into account the specificity of their business and at the same time providing them with a competitive advantage in terms of the improvements achieved as a result of the implementation of organizational improvements.

The IT tools that we have developed include, among others:
- MDRnow - a tool comprehensively supporting risk management and reporting related to the requirements of MDR regulations;
- A tool to implement financial reporting compliant with International Financial Reporting Standard 16;
- Intra-group guarantee pricing model.
ERP SYSTEMS
It is not rare in implementations of ERP systems in Poland that the system does not meet some requirements of tax laws, the Accounting Act or other legal acts. This usually results from the high pace of system implementation. The final, negative effect for the Polish subsidiary may be the system's non-compliance with law (e.g. invoices generated in the system do not meet requirements of tax law) or non-functionality (e.g. lack of ability to generate tax filings out of the ERP system). Therefore, it is important that local legal requirements are taken into account when implementing the ERP system. OW Analytics, with practical knowledge and experience gained during the implementation of ERP systems, offers assistance in implementation or post-implementation audit, the aim of which is to detect as soon as possible problems that may result in a lack of compliance with legal requirements.
LISTED COMPANIES
Advisors of Olesiński & Wspólnicy and OW Analytics work for several companies listed on the Warsaw Stock Exchange in the legal, tax and economic areas. The experience gained helps us to successfully advise, among others in the following areas:
- Market Abuse Regulations,
- non-financial reporting,
- periodic reporting - support of issuers in fulfilling their duties.
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How do we work?

Most of our work concerns significant challenges – these are projects requiring experience and expertise. Each of them is run by experienced leaders who are responsible for the quality of advice and personally engage in an ongoing relationship with the client. Key staff are professionals with relevant experience and knowledge covering client's business environment. Moreover, we have a wide network of experts specialized in various fields and sectors of the economy, that can be used when a project requires it.

experience

expertise

skilled leaders

network of experts

professionals

understanding of Clients’ business environment

Team

OW Analytics is a team of experts with the necessary knowledge in the field of finance, statistics and banking. The team consists of analysts with experience in financial institutions, banks, consulting companies, graduates of renowned economics and technical universities.

Marcin Chruszczyński

Managing Director

Marcin combines thorough knowledge of finance with over 15 years of international professional experience. He began his career at PricewaterhouseCoopers in Rotterdam, where he was involved in auditing financial statements of international companies.

After 3 years in the Netherlands, he moved to Wrocław, where during 4 years of work at PwC he managed audit teams and also participated in consulting projects (transactional due diligence, initial offers on the WSE, reviews of business processes and internal control systems).

From 2009, Marcin was the operating and financial director of NK.pl, where he also participated in the investment program in start-ups.

In January 2013, he started working as Fund Accounting Senior Manager at the Bank of New York Mellon, where he managed over twenty specialists responsible for transitioning from Ireland and then conducting in Wroclaw the process of valuation of several dozen investment funds managed by a large European bank. Just before starting cooperation with OW Analytics, Marcin worked for a year as Finance and Reporting Manager in the international Sidel group (part of the TetraPak / TetraLaval group), where he was responsible for creating the accounting team, implementing the SAP system and transferring accounting and reporting processes of several companies from the Sidel group from Western Europe and Russia.

Since 2004 Marcin is a certified member of ACCA. He is fluent in English and communicative in German and Dutch.

Tomasz Gałka

Partner, Certified Tax Advisor

Tomasz participated in many complex consulting projects. He specializes, among others, in the tax aspects of restructuring and issues of international tax law.

He has experience in transformation and merger of companies, tax planning for the sale of enterprises and significant assets, tax audits and due diligence, negotiations of individual public aid packages for foreign investors, representation of clients in proceedings before tax authorities and administrative courts. Due to the profile of supported clients, he is familiar with issues related to the automotive, energy, telecommunications, food and electronic media sectors.

Tomasz deals with the subject of digitization of tax settlements. He participates in the design and implementation of software supporting tax settlements.

He is the author of many tax publications in Rzeczpospolita and Dziennik Gazeta Prawna business dailies.

He started his professional career in 1999, worked in the audit department and tax advisory department of the Rödl & Partner Law Firm, and then in the tax advisory department of PricewaterhouseCoopers, where for the last 4 years he managed the advisory team for German Desk clients. Since 2009, he is a partner in Olesiński & Wspólnicy.

Tomasz is a licensed tax advisor, he graduated from Finance and Banking at the University of Economics in Wroclaw. He is fluent in German and English.

Malwina Minta

Manager

Malwina gained professional experience in financial management in financial institutions – the National Bank of Poland and the National Clearing House, as well as in commercial banks.

She specializes in financial analysis, company valuations and assessment of investment projects. She participated in projects concerning the modification of budgeting processes, financial controlling and IT systems used in enterprise management.

At O&W Analytics, she deals with transfer pricing consultancy. Her experience includes preparation of benchmarking for entities operating in the automotive, e-commerce, shipbuilding and construction industries. She also created financial models for the needs of valuation of investment projects for start-ups.

Malwina is a distinguished graduate of the Faculty of Computer Science and Management at the Wrocław University of Technology in Wrocław. She also completed post-graduate studies in the field of business analytics at the Academy of Analytics: R, SAS & Python at the Warsaw School of Economics and postgraduate studies in financial analysis and financial management at the University of Economics in Wroclaw. In addition, she develops her interests related to the capital market. She is fluent in English.

Olesiński i Wspólnicy Group

OW Analytics is part of the OW group, therefore we can offer our clients comprehensive support covering many areas of their business. The OW group also includes:

Olesiński & Wspólnicy is a modern professional services firm. A team of experienced advisors of Olesiński & Wspólnicy offers legal and tax support related to company’s operations.

OW Accounting & Payroll provides support services for corporate internal processes, such as accounts keeping, financial reporting, controlling, tax settlement, social security and payroll, as well as state aid based on the European funds. OWAP has been operating and growing successfully since 2009.

 

SAURUS Grow is performing complementary function, providing services to Olesiński & Wspólnicy and its Clients since 2003, including administrative functions, deliveries and organization of office work, special advisory tasks (projects other than legal and tax projects, frequently in cooperation with other entities).

 

Driveshaft connects innovative young companies with knowledgeable and experienced investors and provides legal and business consulting to startups and investors. The company also offers outsourcing services.

 

Contact

Our experts will be happy to provide you with more information. Please contact us via the form or directly, by e-mail or by phone.

E-MAIL

analytics[@]ow-analytics.com

TELEPHONE

+48 71 75 00 883

ADDRESS

O&W Analytics Sp. z o.o.

ul. Świdnicka 40

50-024 Wrocław

 

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