Generics Manufacturer to Deploy Full Suite of iContracts Solutions
Bridgewater, NJ – March 24, 2015 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced a leading 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 science companies optimize performance by streamlining and improving their contracting, revenue management, and government compliance processes.
The generics manufacturer will utilize iContracts Chargeback Payer, Rebate Payer, Class of Trade Automation, Medicaid Payer, Government Pricing, Analytics/Reporting and Universal Contract Manager. These solutions are proven to strengthen compliance and revenue management processes for pharmaceutical manufacturers.
“We are pleased to have earned the trust of another leading pharmaceutical manufacturer,” noted Leigh Powell, Chief Executive Officer of iContracts. “We are honored to serve a company with our full suite of highly scalable cloud based Better Contracting Solutions. We look forward to a strong relationship for years to come with our newest client.”
iContracts suite of fully integrated solutions manages all aspects of a company’s contracting processes, including, processing chargebacks, rebates, Medicaid rebates, Medicare GAP payments, other incentive agreements, Government Pricing compliance at all levels, and advanced Gross-To-Net analysis. They also provide a flexible central repository for contracts of any type.
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.