Raritan, N.J.- Sept 13, 2011– iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that a leading global pharmaceutical company has licensed iContracts complete suite of solutions to manage commercial contracts and help insure compliance with Government Pricing programs including Medicaid, Medicare, state programs and associated calculations and reporting. This new client will be accessing iContracts solutions as a software service over the web, thus eliminating the need for a significant investment in facilities, hardware, software, or related costs at start-up or on an ongoing basis. Specific modules licensed include iContracts Core, Rebate Payer, Chargeback Payer, Medicaid Payer, Government Pricing, Utilization Rebates, Medicare Gap Payer, Reporting & Analytics, and Universal Contract Manager.
Leigh Powell, Chief Executive Officer of iContracts noted, “As a leader in the pharmaceutical industry, our newest client has improved millions of people’s lives around the world. With such a rich tradition of service, iContracts is honored to have been selected to provide a full range of solutions to address this company’s contract management and government reporting needs and future growth initiatives.”
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 screen 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. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a Life Science company’s chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels. 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. For more information, please visit www.icontracts.com.
iContracts Media Contact:
Anne Ambrosio
iContracts, Inc.
Tel: 908-393-9550
aambrosio@icontracts.com