Leveraging technology to enhance profitability and contract performance
ARTICLE | March 17, 2023
Authored by RSM US LLP
Operating in the life sciences industry can bring a variety of challenges around the visibility and management of chargebacks, rebates, fees, accruals, returns and gross-to-net. However, life sciences companies can leverage emerging technology applications to address these challenges and take operational efficiency and profit protection to the next level.
As a leading provider of contract management services in the life sciences industry, RSM has developed a revenue contract management (RCM) solution for Microsoft Dynamics 365. The RCM application pulls data from multiple external solutions, consolidates it into the Dynamics 365 Finance and Supply Chain Management system, and provides advanced analytics capabilities.
The RCM application increases the transparency of your market and product data, enhancing your ability to react to market dynamics to optimize pricing.
Why work with RSM?
We built our life sciences practice with a clear understanding of the challenges in a demanding market. From preclinical through commercialization, RSM works with clients throughout their business journey.
In addition, our industry advisors have proven experience delivering Microsoft technology solutions to biotechnology, pharmaceutical and medical device companies. Through our longstanding partnership with Microsoft, RSM combines the most innovative technologies with our up-to-date industry knowledge to help life sciences companies achieve operational efficiency.
RSM has implemented Microsoft applications for more than 35 years, with over 950 consultants serving more than 2,000 clients across the United States. As a Microsoft Gold Partner, RSM is the trusted advisor to middle market companies for the evaluation, selection, implementation and support of their Microsoft investment. We have more than 100 offices across North America and a global network of certified professionals with deep experience in Microsoft solutions.
Whether you are raising capital, addressing pricing pressures or prioritizing development efforts, RSM’s life sciences practice helps you meet your business challenges head-on.
Call us at +1 213.873.1700, email us at email@example.com or fill out the form below and we'll contact you to discuss your specific situation.
This article was written by RSM US LLP and originally appeared on 2023-03-17.
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