pharma and biotech
reputation while reducing costs
Pharma and biotech enterprises operate in a high-stakes environment
Life is a sensitive matter. As medicine-makers and biotechnology companies, you are accountable to society, employees, and shareholders. The
demand for preventive and therapeutic drugs is rising, global disease profiles are changing, and market segments are becoming diverse. To manage
the growth expectations of shareholders, year after year, within the ever-tightening regulatory frameworks of different countries, pharma and biotechnology giants are expected to strike a delicate balance.
challenges of pharmaceutical
How SimpliContract solves contract management problems
unique to the pharma and biotechnology industry
Improves speed of contracting with AI-powered risk-review and pre-approved templates
Enables bulk contracting related to physicians, patients, and Clinical Trials Application (CTA)
Triggers dynamic and exceptional approval workflows to reduce the risk of compliance
Helps you extract and manage obligations for complex B2B contracts related to research, active pharmaceutical ingredient (API) and contract manufacturing
Deploys Natural Language Processing (NLP) to locate and review contracts for clause changes and to extract critical information for litigations and audit purposes
Provides insights on renewals, rebates, and payments for channels - wholesalers and retailers, group purchasing organizations (GPO) - in formulation business across geographies
Provides configurable workflows and reports for different business units and departments
Integrates with ERP and CRM for seamless exchange of critical information
part of your tribe?
SimpliContract solution deploys a low-code approach making all the business-specific rules simple to configure.
We consult our trusted industry veterans for finer know-how and for developing industry-specific AI language models.
Ease of Use
The entire UX of SimpliContract has been built on user feedback, making it extremely simple to adopt in your contract lifecycle.