Transform how you manage financial operations and ensure compliant commercialization. Formerly known as iContracts, our Revenue Management Solution leverages deep industry knowledge and technology to automate and streamline complex processes, from minimizing revenue leakage to ensuring strict compliance with government regulations. Experience a holistic approach to revenue management and government pricing that empowers you to focus on what matters most.
solution
Revenue Management
Maximize Revenue Integrity in Government Pricing
Cutting-edge revenue management and government pricing solutions tailored for Life Sciences.
Chargeback & rebates
Revolutionize Chargebacks and Rebates Processes
Automate, reconcile and optimize with ease.
Effortlessly navigate chargebacks validation, reconciliations, and processing. Our solution’s automated validations give you full control, mitigating revenue leakage, and reducing administrative burdens. Embrace a powerful solution for managing rebates, administrative/service fees, and other lagged price concessions that brings clarity and insight into contract performance.
Class of Trade
Customer Class of Trade Management with Confidence
Assign class-of-trades seamlessly and consistently.
Our Class of Trade assignment tool eradicates the guesswork in customer classification — saving time, enhancing accuracy, and ensuring compliance. Leveraging a sophisticated algorithm, the tool assigns the appropriate classifications to each entity, ensuring compliance and consistency across your customer database.
Gross-to-Net Intelligence
Gross-to-Net Insights to Drive Decision-Making
Accurate accruals and forecasting for smarter financial reporting.
Our Gross-to-Net Suite offers a trio of modules designed to refine financial processes and reporting. Use them together or independently to accelerate month-end closures and expand analytical capabilities.
- GTN Historical calculates daily or monthly accruals based on sales, payment history, pricing, and rebate structures.
- GTN Channel Inventory calculates the month-end pipeline and lag accrual reserves, linking them to wholesaler inventory (EDI 852).
- GTN Forecasting forecasts future sales and payments — with the ability to model potential pricing and rebate changes.
Government Compliance
Automate all Government Pricing and Analysis
Expert solutions for life sciences government pricing, Medicare and Medicaid management.
Our Revenue Management Solution addresses every facet of regulatory compliance, helping life science companies comply with all pricing and reporting requirements established by the Medicaid Drug Rebate Program, Medicare Program, and the Federal Supply Schedule. Easily perform calculations for government submissions such as AMP, BP, ASP, Non-FAMP, PHS, URA, FSS, IFF, and FCP — with the infrastructure to support internal and external audits.
- Medicaid Payer: Collect, validate, and process Medicaid state rebates. Limit revenue leakage and validate utilization.
- Medicare Gap D Payer: Manage the Coverage Gap Discount Program rebates and vendors — validating and paying rebate invoices.
- PHS Validation: Complete reviews of PHS purchases to validate entity eligibility — limiting ongoing revenue leakage, and seamlessly manage PHS membership.