As Transparency Reporting continues to move across the globe, the challenges of collecting, managing, maintaining oversight and correcting Spend data sources has become a significant challenge for all Life Science organizations
New Brunswick, NJ (PRWEB) November 18, 2014
Alanda Software, a leading global supplier of Data Quality and Transparency Reporting solutions, announced today that a top tier global biopharmaceutical company has gone live using its Consummate Provider™ solution in both the U.S. and EU markets. Consummate Provider™ is a Global, SaaS based, Data Quality remediation portal, designed to help both Life Science organizations and their third party Providers improve their ability to capture, transmit and receive Spend associated with Health Care Providers and Organizations. It collects, cleanses and enriches data to aid in U.S. Federal and state transparency requirements, such as CMS Open Payments and global requirements including EFPIA, the Bertrand Act in France and more. Consummate Provider™ offers the flexibility to support additional legislation as these requirements surface and expand within other states, countries, and regions around the world.
”As Transparency Reporting continues to move across the globe, the challenges of collecting, managing, and maintaining oversight has become a significant challenge for all Life Science organizations,” commented Dean Rossi, Founder & President of Alanda Software. “Consummate Provider™ gives our customers a data quality and vendor management solution that helps to reduce risk and improve reporting accuracy. It works with a wide array of outside Vendors, internal Spend sources, any commercial or custom reporting platform and any national or international customer master. Very adaptable,” added Rossi.
“Our ability to deploy and support a global hub to collect and remediate Spend for over 300 outside vendors was the main reason for utilizing our solution,” said Chris Arabis, VP, Worldwide Sales of Alanda Software. "They selected Consummate Provider™ because of its ability to collect, remediate, and enrich all of their outside spend for the U.S. and the EU within one single instance of the solution, as well as presenting itself in multiple languages within that same instance,” added Arabis.
About Alanda Software
Since 2005, Alanda Software has been focused on solving the many issues associated with Aggregate Spend. As the team behind some of the first custom solutions in the market, our history and experience in Aggregate Spend is second to none. We have dedicated ourselves to not only producing targeted and superior solutions, but also assuming the role of thought leaders within the industry. Our knowledge is continuously improved by our partners, colleagues, and clients in the Life Sciences industry. This collaboration of knowledge, combined with our desire to produce the world’s leading solutions, allow us to create products that leap beyond expectations and offer our clients superior solutions to their ever changing challenges. Alanda’s suite of products are built upon the Consummate® platform. We build configurable solutions, not simply frameworks, allowing the benefits of our efforts to be realized by our clients without undue burden or cost. Our solutions address the following areas of Global Transparency Reporting: Data Quality & Vendor Management, Global Transparency Reporting, and HCP Dispute Resolution.