Category: Expense Monitoring & Auditing

Explore our library of blogs, insights, research papers, and more information on compliance in the life sciences industry.

Compliance requirements can be difficult to abide by, but a strategic process consisting of the identification of risks, analysis, and remediation can play an essential role in enabling drug and device manufacturers to develop effective compliance programs. But before diving directly into the development phase, first and foremost comes the necessity of understanding the totality […]

A modernized approach, one that involves the utilization of data analytics, technologies, and automation, to compliance, is the way forward for life sciences companies. Being a broad mandate, compliance modernization spans how the function is governed and covers various other tangents, i.e., technologies, tools, analytics, and their uses. Hence, several parts of a business get […]

The life science industry is dynamically changing even as we speak. With the inception of new technologies such as artificial intelligence, nanotech, wearables, robotics, and more, new opportunities are being discovered that are making HCPs and HCOs rethink conventional healthcare practices and processes. Although, it was always evident that technology would catch up to the […]

Data is the driving force behind strategic decision-making and various other aspects of the business world. Therefore, recording, maintaining, and evaluating data has become imperative for HCOs as it strengthens internal processes and operations, ensures smooth workflows, and achieves viability. Measuring all sorts of medical facilities being provided to patients and HCPs, tracking spending, and […]

Transparency reporting stands at the forefront of innovation in the life science sector. The evolving compliance requirements demand advanced technology in the form of software or a platform to help compliance teams to meet compliance requirements. What is generally being derived in transparency reporting is considered data or information, and the only objective of countless […]

Transparency reporting has changed the way life-science companies or healthcare manufacturers operate today. In fact, transparency reporting is perhaps the biggest reason behind innovation in the healthcare sector simply because of the expanding transparency requirements, i.e., extensive documentation of interactions with HCPs, Os, and patients – demand organization to keep up with modernization. Therefore, getting […]