Balancing Commercial and Compliance Needs for Effective Stakeholder Engagements
Medispend’s stakeholder engagement solution is an end-to-end solution that has full functionality to manage all of your engagements and seamlessly integrate your data from various sources such as the CRM, HR, MDM, ERP, Accounting and Legal/Contract systems. Management to track every critical piece of your grant and investigator-initiated study (IIS/IIT) information exchanged between the applicant and your organization.
- Simple and intuitive technology that enhancesinternal processes and improves client experience
- Physician-centric global service model that ensures your organization is engaging with its customers on your own terms
- Extensive experience in business processtransformation, particularly in the area of engagement
- Seamless integration experience with allrelevant modules (CRM, Veeva, Concur, etc.)
- Comprehensive internal quality controlsensuring integrity of engagement process
Powering Smarter, Compliant Stakeholder Engagement
Medispend’s stakeholder engagement solution unifies planning, qualification, contracting, payments, compliance and analytics into a fully integrated platform—giving life sciences organizations end-to-end visibility and governance across every engagement.
Needs Assessment
Plan and budget for stakeholder activities systematically per year or per project and track services provided back to business needs.
HCP Qualifications
Support process consistency across departments and programs by centralizing qualification information in a queryable database.
Fair Market Value
Support legitimate stakeholder payments by using only approved compensation rates across your entire organization.
Contracts
Facilitate legal oversight with central storage of contracts and revisions on a platform that integrates easily with your contract management system.
Engagements
Provides the business with a centralized and controlled location to manage all stakeholder engagements across business regions or departments, providing a holistic view of an engagement.
Payments
Control and substantiate proper payments, trigger OK2pay approvals for payment generation, and compare budget to actuals for insight into activities.
Transfers of Value
Provides financial oversight of stakeholder engagements to control and substantiate proper payments/transfer of value.
Monitoring & Insights
Ongoing end-to-end oversight and analytics of stakeholder engagements to improve performance and advance business goals.
Enterprise-Wide Controls to Grow Your Business Compliantly
Helps mitigate risk of improper payments associated with global stakeholder engagements from the beginning of the process all the way through to transparency reporting.
Insights allows you to visualize your data in customizable dashboards, making it easy to track your engagements, improve business strategies and spot non-compliant outliers quickly.
Integrated global screening powered by Moody’s Analytics and Verify Comply
Robust profiles with risk rating, questionnaires and contract management
Compensation rates by specialty and an FMV model that considers each HCP's unique qualifications