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Cegedim Relationship Management Offers Self Service Option for AggregateSpend360Nov 26, 2012 (Close-Up Media via COMTEX) -- Cegedim Relationship Management said that AggregateSpend360, a life sciences-specific aggregate spend and transparency compliance solution, is now available in a Self Service model to streamline the transparency reporting process, and deliver maximum cost effectiveness. In a release, the Company said that geared specifically for life sciences companies with lower volumes of financial interactions with healthcare practitioners/organizations, AggregateSpend360 Self Service fosters optimal compliance reporting for state, federal and global transparency regulations without the financial commitment of a fully automated system. Cegedim said that new demands from the wave of heightened transparency laws have many of today's companies turning to fully automated solutions to more efficiently meet complex requirements. However, many life sciences companies are finding the investment of full compliance automation to be beyond the scope of their current budgets. AggregateSpend360 Self Service enables life sciences firms with lower transaction volumes to integrate, track and manage, the Company noted, all financial interactions with HCPs across their enterprises, without the financial impact of a more automated compliance system. The solution perfectly suits smaller companies as it simplifies the expense reporting process by allowing companies to enter data manually or via spreadsheet upload rather than through automated data feeds. Leveraging size to their advantage, companies are now able to drive Cegedim Relationship Management's track record of compliance experience to better respond to transparency laws and create valuable internal synergies. "The AggregateSpend360 Self Service model benefits small companies as it can easily adapt as their needs change. Specifically, the innovative compliance platform can be upgraded with automated data feeds, and features the capacity for global expansion," said Bill Buzzeo, Senior Vice President, Business Development for Cegedim Relationship Management. "The solution's low implementation cost and overall TCO delivers game-changing efficiency and long-term sustainability to companies - streamlining their ability to meet all transparency requirements while staying well within strategic financial guidelines." Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases. ((Comments on this story may be sent to [email protected])) |