With governments demanding more transparency between patients and healthcare companies during the past few years, the Life Sciences industry has had to shoulder the unprecedented obligation of transparency regulations focusing on its interactions with healthcare providers and organizations.

One of the world’s leading pharmaceutical companies was faced with the onerous and complex challenge of providing a single view across their enterprise to gain a greater understanding of the amount of money and resources being allocated across all business units. In addition, the company needed to ensure they remained in compliance with evolving transparency and disclosure reporting regulations across the globe.

The company sought a single enterprise-wide clearinghouse that could deliver this federated view while still providing the configurable and flexibile environment that could deliver regional views allowing for local ownership. To accomplish this goal, they needed to align and aggregate millions of transfers of value (TOV) to the correct recipients across many countries, systems and jurisdictions. They found their answer in a true end-to-end, highly configurable global compliance data management enterprise and reporting solution.

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