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Why Pramata for Pharmaceuticals
Challenges updating rebate schedules can lead to incorrectly billing customers, often adding up to millions of dollars per year. Pramata reconciles invoices to rebate schedule actuals to ensure accurate billing. It provides insight into rebates to improve and support negotiation and visibility into best price clauses that impact compliance.
Expiration and Termination
Modified or discontinued products, company acquisitions and more impact rebate payments and risk exposure. Pramata helps you assess the effect of product and rebate changes across your customer base, aiding follow-through on all SLAs and monitoring areas of risk across product lines and customers.
CMS Best Price Compliance
Violating the CMS Best Price provisions holds significant financial and brand ramifications. Ensuring compliance requires understanding the lowest potential price offered to the rest of your customers. Pramata automates this process so you have 100% confidence in your compliance.
Centralized Access, Automated Data
Overcome fragmented documentation and systems by centralizing access to core customer documentation. Enlist Pramata to automate the management of rebate, pricing, and other contract data, so your team can say goodbye to tedious data entry in spreadsheets or rebate management systems.