Managing and exchanging data through multiple channels is complex because of the high volume and lack of standards.
Manufacturers Leak up to 6% of Revenue
Processing issues cause overpayment of rebates and GPO fees, delayed payments, GPO penalties, broken trust with distributors and GPOs, skewed sales numbers, inaccurate reports, and other problems. But you can transform your business with a user-friendly solution making contract management easier without disrupting operations.
Mistakes add up Big Time
Over 20 validations must be performed on each transaction. The process is often manual, leading to mistakes and hours spent double-checking completed work. Outsourcing the work can cause issues with timeliness, quality of work, information control, and privacy.