A survey of CIOs and CMOs of pharmaceutical companies across the globe revealed one interesting insight. The CIOs agreed that Business Analytics was one of the most important area that both the CMO’s and CIO’s agreed on. IT spends on mobile enabling the sales force or on enhancing the customer experience were two other high ranked areas.
Our focus in the last 4 years has been enhancing Business Intelligence and Customer Analytics for pharma clients. We have developed solutions for ISV’s for Pricing, Gross to Net, Software for International Reference Pricing, Competitor Pricing Analytics that are in use by leading pharma companies across the world.
Some of the areas we’ve already worked on or are working on include:
List Price Management and Control
Pharma Pricing Contract Management
International Reference Pricing
Gross to Net Reporting
Launch Sequence Optimization
We welcome tie-up with ISV’s and Pharma consultancies for long term relationship to co-brand and market such solutions across the world. Our Global List Price Management Software for Pharma is easy to use, robust and contains a lot of features and modules such as reporting, IRP, List Price Management, Sales Management, Competitor Pricing Analysis, Approval workflow, Launch Sequence Optimization.
Launch Sequence Optimization and IRP Studies for Pharma , Life Sciences companies is an important field which pricing and reimbursement specialists have to consider, especially within the EU. Price erosion can lead to millions of dollars of fall in revenue, and conversely the right pricing decision can lead to a good lift in revenue. These decisions can’t be made using rule of thumb or excel sheets but require LP and matrix analysis. Sophisticated visual reports are also required. Around 30% of the countries look at IRP and LSO for pricing decisions. With Integrated IRP, LSO and a Global List Price Management system all these problems are solved. By providing these offerings either seperate or as an Integrated suite, the business advantages and low TCO speak for itself.
Would you like to book a Proof of Concept study . If you have a project whose specs you’re not totally sure of – or want to have a pilot or exploratory project done – such as an MVP or prototype built, we can provide that as precursor to a full engagement.
Contact us today with your requirements.
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