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 PracticesNew 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
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.
Follow Cegedim Relationship Management on LinkedIn
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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