Leading Pharmaceutical Manufacturer Implements Breakthrough Solution from iContracts
Raritan, NJ – October 8, 2014 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that Mayne Pharma, a leading generics pharmaceutical company, has gone live with iContracts Class of Trade Automation module. Mayne Pharma is utilizing iContracts full suite of solutions including Chargeback Payer, Rebate Payer, Medicaid Payer, Government Pricing and Reporting & Analytics.
iContracts Class of Trade Automation is a breakthrough in the automation of a previously labor intensive and highly variable process of assigning Classes of Trade to new customers. The system will automatically review new customers that are loaded into iContracts and present a recommended Class of Trade to be assigned to that particular customer.
“We are pleased to have successfully concluded the implementation of the iContracts Class of Trade automation module,” stated Josh Blackwell, Contracts System Coordinator of Mayne Pharma. “The implementation processes was seamless and given the intuitive nature of iContract’s solutions, our team was able to become productive in a flash. Working with the iContracts team has been an absolute pleasure and we look forward to expanding our relationship over the next few years.”
“We are gratified to be working together with such a well-known and respected pharmaceutical manufacturer such as Mayne Pharma on this important initiative,” commented Leigh Powell, Chief Executive Officer of iContracts. “iContracts’ ability to deliver yet another truly unique solution that addresses real, everyday needs for pharmaceutical manufacturers further reinforces our leadership position in the market, which in combination with our clearly superior value proposition across our product suite continues to drive our success in the life sciences market.”
Mayne Pharma utilizes iContracts solutions as a software service over the web, thus requiring no investment in facilities, hardware, software, or related costs. 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. iContracts offers a competitive migration program for organizations who are thinking about making a change from their existing platform.
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. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a company’s contract management process. iContracts Universal Contract Manager (UCM) is revolutionizing how organizations think about the 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. For more information, please contact us.
About Mayne Pharma
Mayne Pharma is a pharmaceutical company that focuses on providing niche generic pharmaceutical products to the US market. Mayne Pharma’s home office is in Greenville, NC and distribution center is located in Montgomery, Alabama. Mayne Pharma’s primary objective is to capitalize on the trend towards affordable healthcare by focusing on the sales and marketing of lower cost generic drugs. Mayne Pharma is currently marketing and distributing its products to national pharmaceutical wholesalers, chain drug stores, as well as retail merchandisers. Mayne Pharma sees major opportunities through increased market penetration and its ability to pursue additional challenging product niches. Mayne Pharma will continue to concentrate on its core values of innovation, creativity, customer focus, and integrity. To learn more about Mayne Pharma, please visit www.maynepharma.com.