|By Business Wire||
|November 19, 2012 12:00 PM EST||
Cegedim Relationship Management today announced that AggregateSpend360™, the market leading life sciences-specific aggregate spend and transparency compliance solution, is now available in a Self Service model to streamline the transparency reporting process, and deliver maximum cost effectiveness. Geared specifically for life sciences companies with lower volumes of financial interactions with healthcare practitioners/organizations, AggregateSpend360 Self Service fosters optimal compliance reporting for state, federal and global transparency regulations without the financial commitment of a fully automated system.
Revolutionary and Budget-Conscious Compliance Solution to Achieve
Better Reporting Practices
New demands from the wave of heightened transparency laws have many of today’s companies turning to fully automated solutions to more efficiently meet complex requirements. However, many life sciences companies are finding the investment of full compliance automation to be beyond the scope of their current budgets.
AggregateSpend360 Self Service enables life sciences firms with lower transaction volumes to integrate, track and manage all financial interactions with HCPs across their enterprises, without the financial impact of a more automated compliance system. The solution perfectly suits smaller companies as it simplifies the expense reporting process by allowing companies to enter data manually or via spreadsheet upload rather than through automated data feeds. Leveraging size to their advantage, companies are now able to drive Cegedim Relationship Management’s proven track record of compliance expertise to better respond to transparency laws and create valuable internal synergies.
“The AggregateSpend360 Self Service model benefits small companies as it can easily adapt as their needs change. Specifically, the innovative compliance platform can be upgraded with automated data feeds, and features the capacity for global expansion,” said Bill Buzzeo, Senior Vice President, Business Development for Cegedim Relationship Management. “The solution’s low implementation cost and overall TCO delivers game-changing efficiency and long-term sustainability to companies – streamlining their ability to meet all transparency requirements while staying well within strategic financial guidelines.”
Lastly, the solution seamlessly integrates with Cegedim Relationship Management’s U.S. Compliance ID powered by OneKey®, which provides healthcare practitioner / organization data validation in order to ensure completeness, consistency and accuracy. Cegedim’s U.S. Compliance ID powered by OneKey service empowers companies to expertly satisfy pharmaceutical aggregate spend and disclosure reporting regulations through verified medical licensure information sourced from a reliable database of 12 million registered HCPs and one million healthcare organizations.
|About Cegedim Relationship Management:||
Cegedim Relationship Management is the Life Sciences industry’s leading provider of Customer Relationship Management (CRM) solutions. Designed specifically for Life Sciences, the company’s innovative business solutions incorporate a thorough understanding of local, regional and worldwide trends. Cegedim Relationship Management enables more than 200,000 users in many of the world’s most innovative companies to stay ahead of market challenges. In addition to CRM, Cegedim Relationship Management also provides marketing, data optimization and regulatory compliance solutions in more than 80 countries. Cegedim Relationship Management is part of the France-based Cegedim S.A. Group.
To learn more, please visit: www.cegedim.com/rm.
Founded in 1969, Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases. Its offerings are targeted notably at healthcare industries, life sciences companies, healthcare professionals and insurance companies. The world leader in life sciences CRM, Cegedim is also one of the leading suppliers of strategic healthcare industry data. Cegedim employs 8,200 people in more than 80 countries and generated revenue of €911 million in 2011. Cegedim SA is listed in Paris (EURONEXT: CGM).
To learn more, please visit: www.cegedim.com.
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