MediSpend
Driving Pharma Value through Consistent Innovation

The pharma industry is where all the technology innovations are in the highest demand. The reason: the need for efficient drugs that can save human lives. The industry participants are taking numerous steps to improve processes to accelerate the journey from drug discovery to time to market. The biggest need is an integrated event environment that provides ample opportunity for complete control over quality and compliance.

Global technology company MediSpend offers best-in-class solutions for the life sciences industry. MediSpend provides compliance system of record for some of the world’s largest pharmaceutical, medical device, dental and emerging biotech companies around the world. Developed by the company’s innovative team, the MediSpend Global Compliance Suite represents the industry’s first global SaaS solution purpose-built to manage the end-to-end process of HCP engagement through transparency reporting, which includes software that facilitates external grant requests.

In 2018, MediSpend partnered with Veeva Systems to provide end-to-end compliance solution for life sciences industry. As part of Veeva’s Technology Partner program, the integration of MediSpend Engagement Manager with Veeva CRM Events Management provides customers an innovative end-to-end events management compliance solution with control points to ensure adherence with state, federal, and global healthcare laws for all healthcare provider (HCP) interactions.

“MediSpend will help the life sciences industry comply with global healthcare laws by providing full integration within the enterprise,” said Michaeline Daboul, CEO of MMIS. “Together with Veeva CRM Events Management, MediSpend will provide customers with a compliance system of record to manage HCP interactions on a global scale.” As a Veeva Technology Partner, MediSpend will integrate capabilities with Veeva CRM Events Management to provide seamless visibility between Needs Assessments and HCP activities across field teams to ensure compliance for all events. Integration with control points and real-time monitoring will provide feedback to improve event planning and execution. Additionally, backend data integration will be unified to provide aggregated reporting and little or no disruption in the field user’s activity.

The properly configured analytics tool is key to maximizing the potential of your organization’s compliance data. Using embedded organizational data in your analytics can provide incredible value back to your business. Effective Analytics Using Organizational Data creates impact the overall outcomes in a positive way. Using compliance related data adds business value to the organization. Building an analytics information model using data that is already available improves outcomes. And structuring a compliance data model based on organization’s unique needs makes results relevant and useful.

Together with Veeva CRM Events Management, MediSpend will provide customers with a compliance system of record to manage HCP interactions on a global scale

MediSpend offers a variety of solutions to help ensure your internal systems and processes are GDPR compliant. To learn more, please provide us your information to access the MediSpend webNR on Next Steps Toward GDPR Compliance, including: GDPR and your data operations, new reporting obligations, what to expect from regulators, lesser-known obligations, and penalties for non-compliance.

The importance of managing data is getting the recognition it deserves in the life sciences sector. Regulators and other stakeholders are dealing with enormous amounts of data. However, due to high volumes, limited quality, complex processes and working without a clear strategy, the value and potential of existing data is not always realized. To learn more, please provide us your information to access the MediSpend webinar on The Value of Data Analytics in Compliance, including:

How can organizations and regulators make the best use of data that resides in different databases? How do organizations extract knowledge from the vast amount of real-world data and use it in decision-making processes? What do embedded analytics look like and how do organizations use them effectively?

MediSpend helps life sciences companies to comply with the ever-evolving healthcare laws and global data privacy regulations while reducing risk and lowering costs. The company’s platform allows companies to meet the needs of your organization and of your affiliates regardless of global location by: Managing upstream HCP workflows, seamlessly aggregating downstream enterprise data, managing costs, reducing risks and driving better decisions.

What’s more, MediSpend’s Grants Management Solution is an end-to-end SaaS-based offering which tracks your organization’s grants and funding requests from initial submission through post-event closeout. The solution is designed to more effectively manage funding and product requests from industry organizations, individuals or internal employees.

Within the Grants Management Solution, MediSpend offers Grants Manager and Study Manager to track every critical piece of your grant and investigator-initiated study (IIS/IIT) information exchanged between the applicant and your organization. These configurable solutions, designed specifically to meet your needs, enable applicants to submit funding and product requests through a secure, user-friendly portal, ensuring seamless communication and collaboration with your teams while enabling applicants to view the status of outstanding grant or study submissions.

MediSpend, a global technology company providing best-in-class solutions for the life sciences industry, is the compliance system of record for some of the world’s largest pharmaceutical, medical device, dental and emerging biotech companies around the world. Developed by our innovative team, the MediSpend Global Compliance Suite represents the industry’s first global SaaS solution purpose-built to manage the end-to-end process of HCP engagement through transparency reporting, which includes software that facilitates external grant requests. MediSpend solutions are designed to enable life sciences companies to compliantly manage high-risk business functions.