Princeton, NJ (PRWEB) May 23, 2012
R-Squared Services & Solutions, Inc. (R-Squared) is a leading developer of compliance software for the life sciences and health care industries, including SpendTracker®, the most technologically advanced aggregate spend solution on the market today. To simplify compliance with the so-called Sunshine Act and the growing number of analogous state and international aggregate spend reporting laws, R-Squared partnered with Concur to develop a seamless and real-time integration between SpendTracker and Concur’s industry leading travel and expense management solution.
Making its public debut at the Concur Fusion conference, the SpendTracker Connector allows Concur users to initiate a fuzzy search within Concur for health care professional and organization records stored within SpendTracker and its related Third Party Master databases. With R-Squared’s fuzzy logic look up capabilities, if the correct record is not found within the database, it can be created by the sales rep on the fly and SpendTracker will send back a complete data record ensuring the reps don’t experience any delays or issues. Once the correct HCP is identified, it is linked to the expense, facilitating accurate tracking and reporting of aggregate spend by physician.
The feedback from clients and potential clients validated that R-Squared has the most robust aggregate spend integration with Concur in the market today. Erin Tasker of Acumed Corporation shared with us her enthusiasm for the Concur Connector, stating that, “For the sales reps in the field, this integration is going to make it so much more efficient for them and significantly reduce the errors and result in less re-work in the back office.”
Rob Zelinsky, Vice President of Sales and Marketing at R-Squared said, “As we spoke with Clients and Prospects alike at Fusion, they all expressed appreciation for the value that this integration brings to the process and are looking forward to introducing this exciting technology to their organization.”
Mike Bell, Esq., CEO of R-Squared, was a presenter on several panels at Concur Fusion 2012 covering important topics such as Best Practices for Sunshine Act Compliance, Global Foreign Corrupt Practices Act, and International Transparency Requirements.
R-Squared Services & Solutions, Inc. (R-Squared) is a software company develops more efficient and effective ways to evidence compliance with the web of regulations and laws affecting the organization. We are especially good at translating regulatory requirements into workable tools and practices that simplify the task of abiding by regulations — while generating solid evidence of compliance at the same time. We’re about tighter compliance, with fewer burdens.
Concur® is a leading provider of integrated travel and expense management solutions. Concur’s easy-to-use Web-based and mobile solutions help companies and their employees control costs and save time. Concur’s systems adapt to individual employee preferences and scale to meet the needs of companies from small to large.
The integration between Concur’s expense reporting tools and R-Squared’s SpendTracker aggregate spend reporting solution will provide Life Sciences companies with an easy and cost effective means to aggregate and report on physician spend.