Do infrastructure costs and manual intervention greatly limit your organization’s ability to profit? Does your manufacturing company struggle with a million moving parts by way of contracts, products, customers, and historical sales data? Does the term “revenue leakage” send a chill up your spine?
These questions often give even the biggest pharmaceutical giants a cold sweat. But what if there was a way to launch a 100% web-based solution in only 30 days?
Whether you are a pharmaceutical manufacturer, a pharma 3PL, or pharmaceutical vendor, you are likely focused on improving one of the most critical parts of the pharmaceutical payment process: chargebacks. Chargeback processing and revenue loss have quickly gained a reputation as the bane of a pharmaceutical company’s existence. However, when managed properly, chargebacks should greatly reduce revenue loss. Unfortunately, deploying a chargeback tool that adequately controls revenue has been seemingly impossible…until now.
Enter EmpowerRM. This groundbreaking software solution has finally given manufacturers the power to control revenue and therefore minimize revenue leakage. But many manufacturers struggle to pull the trigger in moving to a new software solution.
Often citing time constraints and logistical issues, pharmaceutical manufacturers, pharma 3PLs, and pharmaceutical vendors alike have been hesitant to move forward with a new chargeback processing and revenue management system. But once they hear “30 day setup”, all bets are off.
EmpowerRM’s 30 Day Promise
For most manufacturers, getting a new pharmaceutical chargeback system up and running in 30 days seems like an impossible pipedream. EmpowerRM was built to not only transform revenue management with scalable automated processing, but to do so speedily, proficiently, and with full control of your contracts.
Fast access to our pharmaceutical chargeback system is the key here, ensuring that our customers are controlling their contracts as quickly as possible. In 8 simple steps, your business will finally be running like a smooth, efficient, and profitable machine.
The EmpowerRM 30 day setup process follows this succession:
1) Kick Off Meeting
We start the process with a kickoff meeting to introduce everyone, review the process, and layout responsibilities. At EmpowerRM, we take pride in our upfront, open approach to ensure that customer expectations are clear.
2) Company Setup
We create your company and users in our system, along with configuring it to meet your needs. In doing so, we lay the groundwork for a successful and efficient partnership.
3) Complete Setup Forms
In this step we define your customers, products, and contracts. This master data is critical to confirming that the EmpowerRM software will work for your specific needs and process chargebacks accurately.
4) EDI Setup (844/849)
Next, we setup connections with your existing EDI vendor or our EDI services for the relevant chargeback documents (844/849). EDI is the preferred method to receive and send chargeback data. As a result, we gain the assurance that the EmpowerRM system is streamlined for accurate and efficient processing.
5) Load Data
Here is one of the most critical steps, as we load all existing contracts, products, customers, and historical sales data into EmpowerRM. With your data successfully loaded into our software, you can continue focusing on growing your business.
6) Testing/Training
Testing is essential to make sure that the data is loaded properly and that everything processes as expected. In addition, we conduct user training to guide your team in using the software effectively.
7) Implementation
Next, we migrate all tested changes to production. This is one of the more imperative steps in the process and is done so with extreme attention to detail to protect your data and ensure that there is no interruption to normal business processes.
8) Go Live
Finally, it is time to launch EmpowerRM. Sit back, relax, and enjoy being up and running!
It’s that quick! But it’s not just the speed of EmpowerRM that has taken the industry by storm. Features like ERP integration, automation, and a rules engine have truly transformed the way pharma companies run their business. Our pharmaceutical chargeback software plays a vital role in helping organizations avoid revenue leakage, minimize manual intervention, and increase profits.
Are you ready for a 100% web-based pharmaceutical chargeback software solution? Are you ready to finally control your contracts? It’s time for EmpowerRM. Click here to request a demo!