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CONTRACT PERFORMANCE MANAGEMENT

Extract business data at scale

Monitor, measure and manage the performance of active contracts across the entire lifecycle.  risk,  value, and understand your commercial position in real time.  Connect terms, conditions and obligations directly to business processes, reporting and management activities. 

 

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How Encompaas delivers

Enhance contract performance management

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Leverage Intelligent Document Processing

Harness EncompaaS Intelligent Document Processing to discover, analyze and extract structured and unstructured data in-place (on-premises or in the cloud) with speed and accuracy.

 

Link contracted terms to business performance, allowing you to achieve better business outcomes.  

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Understand your commercial position

Leverage AI technologies, such as Azure Open AI and Supervised Machine Learning, as well as EncompaaS’ unique policy management capabilities, to reduce time-to-information and unearth insights through advanced analytics and dashboards.

 

Whether you have 500 or 50,000 contracts, get a real-time view of your commercial position so you can spot opportunities faster to protect revenue and profitability.

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Enhance supply chain relationships

Strengthen connections with distributors, payers, and government agencies through enhanced contract performance management.

 

Boost transparency and accountability with accurate and up-to-the-minute information, so you can swiftly identify potential risks and commercial opportunities, whilst ensuring that contract terms are met by all parties.

How your enterprise benefits

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Transform data quality

Convert common phrases to specific metadata fields, via comprehensive discovery and AI-driven analysis of your contracts, to establish an exceptional data quality foundation.

Reduce manual effort

Save your team hundreds of hours by automating document processing and extraction of insights from complex contracts, master agreements, and amendments.

 

Quickly and easily search for relevant information, track key metrics via highly visual drill-down dashboards (based on your role), ensuring accurate and timely contract performance and business outcomes.

 

Contracts can be correlated and data can be rolled up, for example, to provide a top-down view of all contracts relating to formularies, drug dosing, and payment terms. 

Supercharge compliance

Seamlessly integrate contract performance management with compliance obligations to your supply chain partners and regulators.

 

Elevate business integrity and performance with advanced analytics, so you can mitigate risk, and adhere to legal and regulatory standards.

USE CASE

Rebate Contract Management

Rebate Contract Management harnesses Intelligent Document Processing to analyze live rebate contacts and extract data at scale. Gain real-time insights through advanced analytics and dashboards to understand your commercial position across all live national and regional rebate contracts, including rollups and correlations

the way you manage rebate contracts with advanced AI-powered analytics and dashboards that effortlessly manages large volumes of rebate data.

your rebate position – including correlations and roll-ups – in real-time so you can the revenue potential of every rebate contract. 

Strengthen relationships between payers, pharmaceutical benefit managers (PBMs) and government agencies through improved rebate contract transparency.

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A Dashboard for your needs

Transform contracts into actionable intelligence

AI to automatically extract and process relevant information from contracts, reducing manual effort and enhancing efficiency.

contracts intelligently, streamlining , retrieval, and analysis of information based on content type.

Design a scalable dashboard to accommodate the growing volume of contracts, ensuring sustained performance and adaptability to evolving business needs.

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Andrew Cresp

Bendigo & Adelaide Bank | Chief Information Officer

"EncompaaS empowers Bendigo & Adelaide Bank to comprehensively analyse customer data; enhancing understanding, management, and of services to better meet our customer’s needs."

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Know Your Data. Transform The Enterprise

See how EncompaaS transforms enterprises - providing a foundation of unparalleled data quality, data discovery, governance, and analytics.