HCP Aggregate Spent Reporting
Life sciences companies are under increasing regulatory pressure to implement transparency and provide complete disclosure of their transactions with healthcare professionals (HCP). The Sunshine Act and Foreign Corrupt Practices Act (FCPA) in the US, Bribery Act in the UK, and Reforme du Medicament in France are some stringent regulations in force. Non-compliance can lead to heavy penalties and loss of image.
Infosys HCP Aggregate Spent Reporting services automate the processes of gathering, consolidating, validating, and reporting total physician spend. We help you establish different business rules that address varied reporting laws and compliance requirements in different system landscapes.
Our HCP Aggregate Spent Reporting services help you:
- Improve the efficiency of your HCP spend reporting process through business procedures and technical solutions
- Increase your readiness to adhere to evolving regional standards across countries, anticipating greater transparency requirements
- Minimize errors in the reporting process by enabling traceability and accuracy of transactions
- Enhance the audit readiness of the reporting process by tracking changes to individual fields and identifying any expense outliers