Compliance

PharmaTrak - Compliance Made Easy

State Government Sales And Marketing Compliance - Aggregate Spend Legislation

Today, many states have become actively involved with regulating sales and marketing activities by pharmaceutical companies. Compliance regulations on gift, marketing and advertising expenses are increasing in both diversity and complexity and vary from state to state. Failure to meet these challenges can result in costly fines and damage to your companies reputation. PharmaTrak was designed to meet these challenges head on. PharmaTrak is a comprehensive and flexible aggregate spend product which provides you with an effective compliance solution. PharmaTrak aggregates, tracks and reports spending by Health Care Professionals (HCPs) and Health Care Organizations (HCOs) at the corporate level.

The PharmaTrak System is based on a balanced understanding of business and technology. We recognize the keys to an effective expense tracking system are more than creating a customer master and bringing the data together. The optimum solution must effectively integrate and aggregate data across corporate divisions based on business rules, allow direct entry of new expense items and be accessible to both internal and external system users. PharmaTrak goes beyond just expense tracking by providing companies with a robust and flexible framework that allows them to leverage their aggregate data for use beyond compliance giving them a competitive advantage for their business.

Features

Report by various attributes to meet state required as well as investigative and corporate policy needs.
Aggregate spend from multiple data sources. Vendor independent.
Aggregate and track spend for HCP/HCO+ by state, date, purpose, nature and more.
Dynamically track and research spend through powerful web based search tools with export capabilities.
Proactively alert users based on defined spend limits.
Define annual spend alert limits by state, year and optionally purpose.
Fully create and manage expenses through a web 2.0 browser interface.
Manage translation tables for various spend source and HCP universe systems.

Reports

General spend reporting for HCPs and HCOs+, including yearly audit reports.
Up to date state specific reports for all states with enacted legislation.
Ability to export to multiple formats including PDF, Excel, HTML and Word.
Flexible design allows new reports to be easily imported into the system as state and corporate reporting needs change.

PharmaTrak functionality is based on our deep, real-world expertise in developing compliance solutions by leveraging technology to solve real world business problems. PharmaTrak is an easy to deploy, web based solution that encapsulates and defines your current business processes from your compliance office to sales operations, which leaves you time to focus on your business while satisfying both your corporate and government compliance requirements. The PharmaTrak solution is a scalable, flexible and reliable system that seamlessly integrates into your existing infrastructure.

At the heart of the PharmaTrak system is our understanding that no one can completely foresee the future of state reporting requirements and that a system could very quickly become obsolete if it's not designed with the flexibility to adapt to the changing reporting requirements and supported by a dedicated firm standing behind it. PharmaTrak support includes monitoring of pending legislation and proactive updates of the system to meet these changing needs.

For more information or to request an onsite demonstration or brochure email: PharmaTraK info or contact us at 201-386-9011

For additional information, questions, or technical support issues please contact Rosetta Technology Group at (201) 386-8017