|[April 18, 2016]
Breakaway Technologies Announces Gross-to-Net Financials Express
Breakaway Technologies, a leading provider of gross-to-net solutions to
the pharmaceutical manufacturers, today announced the launch of the new
version of its enterprise Managed Markets Gross-to-Net Solution. The new
version of the enterprise solution incorporates gross-to-net account
calculation configuration features of the Gross-to-Net Financials
Express solution, integrating both contract-level forecasting with
channel-level forecasting and reserve management. The new version
further extends price protection configuration options available for
contract-level forecast configurations, to better approximate price
protection algorithms used in actual contracts, while maintaining
flexibility of calculations suitable for a forecasting solution.
Finally, the new release introduces a significant re-design of the user
interface, which will enable expedited deployment and reduced customer
Breakaway Gross-to-Net Solution provides pharmaceutical manufacturers
with actual analytics, reserves management, forecasting, and pre-deal
analytics by customer, by product, and by month, covering all gross to
net line items, including channel-specific rebates and discounts, as
well as nn-channel financial items such as returns, industry fees, and
co-pay cards. Leveraging state-of-the-art in-memory technology, the
application provides real-time calculations of unit projections through
a series of pre-built algorithms, and discount amount and rate
calculations using a configurable basis of estimate for each line item.
The application allows for multiple versions, what-if scenario analysis,
adjustments, and management overlays, while maintaining full
traceability and auditability of changes and assumptions.
"Combining extended business-led calculation configuration options for
all gross-to-net line items with automated contract-level forecasting
will enable our users to get the most complete and accurate picture of
their gross-to-net, yet leaving time to drill into the details and
provide value-added insight to the organization as a whole," said
Michael Grosberg, Breakaway's Director of Industry Solutions. "The
combination of fixed input and administration screens, pre-built
reports, and flexibility ad-hoc analytics provides the user with exactly
the right balance of structure and freedom to fully understand and
explain gross-to-net forecast and reserves."
To learn more about the Gross-to-Net Financials Express or the
enterprise version of the Managed Markets Gross-to-Net Solution, please
contact Patrick Ryan at firstname.lastname@example.org
About Breakaway Technologies, Inc.
Breakaway Technologies is a business performance management (BPM) firm
specializing in custom analytic solutions for more than a decade.
Breakaway builds processes and works with software to improve budgeting,
planning, forecasting, and consolidation processes. We assess processes
rapidly and thoroughly, and commit chief thought leaders with both
technology and business analysis backgrounds to each project to ensure
View source version on businesswire.com: http://www.businesswire.com/news/home/20160418006711/en/
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