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In a two-person transfer pricing practice, benchmarking can quickly become the biggest delivery bottleneck. Wallerstedt Liljeblad reduced the effort required to complete a benchmarking study from approximately 3 to 4 days to one day or less by implementing ArmsLength AI Benchmarks, freeing capacity for higher value client work and enabling the team to deliver benchmarks to more clients.

Wallerstedt Liljeblad is a boutique transfer pricing firm based in Sweden, founded by Ivona Wallerstedt and Philip Liljeblad, operational for about two years. The firm supports clients across the full spectrum of transfer pricing work, including compliance, disputes, business restructurings, and benchmarking studies.
Before adopting ArmsLength AI Benchmarks, benchmarking required a largely manual screening and review process. For a lean team of two, the constraints were immediate: a single benchmarking study typically took around 3 days, and sometimes 3 to 4 days. With only two people, benchmarking work reduced time available for other client deliverables. The internal time investment often did not align with what could reasonably be charged at market rates. Benchmarking was essential, but it absorbed a disproportionate share of delivery time.
Wallerstedt Liljeblad integrated ArmsLength AI Benchmarks into their existing workflow with minimal change. The platform was easy to start using immediately, especially for practitioners familiar with benchmarking workflows. The simple flow involves uploading the export file, defining the search strategy in the platform, and letting the tool complete the bulk of the work. The team keeps professional judgment and performs targeted checks, while avoiding repetitive manual work.
The impact was direct and measurable. Benchmarking time was reduced from 3 to 4 days to one day or less. Capacity was unlocked for other transfer pricing work and higher value client tasks. More benchmarks were delivered across more client engagements without adding headcount.
After validating early results more thoroughly, the team found the conclusions aligned with their own, supported by ongoing sample checks, giving them strong confidence in the outputs.
"Previously, one benchmark took us about three to four days. Now it takes one day maximum, often not even that. We validated the outputs and they match our own conclusions, so it’s a reliable tool that saves a lot of time."
Ivona Wallerstedt
Partner at Wallerstedt Liljeblad
Time saved per benchmark
Typical benchmarking time
Outputs match practitioner conclusions