Akara Launches SIMPLY, a Gross-to-Net Forecasting+ Contract Analytics Technology for Life Sciences Manufacturers
Recognized experts in Market Access, Akara Group LLC launches SIMPLY, a SaaS based technology to help Life Sciences manufacturers forecast rebates and discounts, manage Gross-to-Net and perform "What-If" analyses.
MORRISTOWN, N.J., June 14, 2019 /PRNewswire-PRWeb/ -- Akara Group LLC has launched SIMPLY, a forecasting and analytics platform that helps Life Sciences Manufacturers accurately project their contracted liabilities with payers, providers and pharmacies. SIMPLY addresses critical problems for Life Sciences business leaders: accurate, automated forecasting of rebates and discounts and dynamic scenario modeling in the ever-changing healthcare landscape. Moreover, SIMPLY provides an intuitive and easy way for Financial Planning, Contracts and Pricing experts to establish and update accruals, compare Actuals vs. Projections and develop Long Range Plans all while maintaining a comprehensive audit trail.
"We are thrilled to be able to provide manufacturers a Forecasting and Contract Analytics platform that allows Business users to continue to have the flexibility they need while introducing the benefits of automation," said Partha Chatterjee, Co-founder at Akara Group LLC. "With Manufacturers paying billions in rebates and discounts to Payers, GPOs, 340B and Medicaid, it's critical that they are accurate and efficient in developing these forecasts so they can spend more time on analytics that drive profitability," added Romit Kamdar, Co-founder, Akara Group LLC.
SIMPLY is offered as a cloud-based, Software-as-a-Service (SaaS), with a separate hosted environment for each Manufacturer. With SIMPLY's intuitive design, Users can easily model complicated Terms & Conditions, generate forecasts for their customers, measure contract performance, and run "What-If" analyses. Supported by insightful data visualization and reporting, Market Access and Finance professionals are empowered with powerful tools for strategic decision making.
About Akara Group LLC
Akara Group LLC is a consulting and technology company that specializes exclusively in Managed Markets Contracts & Pricing for Life Sciences manufacturers of various sizes and portfolios. Recognized as industry experts, we believe in in providing thoughtful, practical solutions to our customers. To learn more about Akara Group, visit http://www.akaragroup.com.
SOURCE Akara Group LLC
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