Pharmaceutical Manufacturer to Deploy Full Suite of iContracts Solutions
Raritan, NJ – October 23, 2014 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that a leading privately held pharmaceutical company has selected iContracts full suite of solutions to manage commercial contracts and help ensure compliance with Government pricing programs including Medicaid, state programs and associated calculations and reporting. iContracts solutions help life sciences companies optimize performance by streamlining and improving their contracting processes.
Headquartered in New Jersey, the company is focused on developing and marketing both branded and generic products from diverse therapy segments. Their commitment to delivering a broad portfolio of quality and affordable products makes them a key player in the pharmaceutical industry.
The company will utilize iContracts Chargeback Payer, Rebate Payer, Medicaid Payer, Government Pricing, and Analytics & Reporting. These solutions are proven to strengthen compliance and revenue management processes.
“We are pleased to welcome another fast growing pharmaceutical manufacturer to the iContracts family,” noted Leigh Powell, Chief Executive Officer of iContracts. “As with many of our recent client additions, our highly scalable cloud based Better Contracting Solutions platform in combination with an unbeatable value proposition and superior product capabilities drove the selection of iContracts for this important initiative. We look forward to a strong relationship with our newest client for years to come.”
iContracts’ solutions are available as an “on demand” service or as a behind-the-firewall offering and are built on iContracts’ revolutionary BCS platform featuring an advanced data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to execute any process after learning just two basic page formats. This groundbreaking design drastically reduces implementation; training and future upgrade timeframes and costs.
About iContracts
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by understanding a few core concepts, iContracts solutions are backed by the most highly evolved cloud-based architecture in the industry, built by technologists with extensive contract management experience. iContracts comprehensive suite of solutions revolutionize how organizations think about and manage all aspects of a company’s contract management process, transforming it from an unwieldy collection of spreadsheets, customer applications, filing cabinets, and scattered electronic directories to a powerful tool that aligns strategy with execution, while simultaneously insuring greater visibility into commitments and the ability of companies to support growing needs for regulatory reporting and audits. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers.