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Breakaway Technologies Announces Gross-to-Net Financials Express
[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 risk.

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 pryan@breakaway-inc.com or 215-369-7200.


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 success.


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