CONTRACT PERFORMANCE MANAGEMENT
Extract business data at scale
Monitor, measure and manage the performance of active contracts across the entire lifecycle.
How Encompaas delivers
Enhance contract performance management
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.
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.
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
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
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 Management
Rebate Management harnesses Intelligent Document Processing to inspect live rebate contacts and extract data with speed and accuracy. Important rebate information can be visualised in real-time, performing weeks of tedious, manual work in seconds.
Leverage AI to inspect all rebate contracts and amendments and extract hundreds of data points from these effortlessly.
Understand your rebate position – including correlations and roll-ups – in real-time so can make rapid data-driven decisions and maximise revenue potential.
Strengthen relationships between payers, pharmaceutical benefit managers (PBMs) and government agencies through improved rebate contract transparency.
A Dashboard for your needs
Transform contracts into actionable intelligence
Design a scalable dashboard to accommodate the growing volume of contracts, ensuring sustained performance and adaptability to evolving business needs.
Andrew Cresp
Bendigo & Adelaide Bank | Chief Information Officer
"EncompaaS empowers Bendigo & Adelaide Bank to comprehensively analyse customer data; enhancing understanding, management, and
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Know Your Data. Transform The Enterprise
See how EncompaaS transforms enterprises with its AI-based data quality tools - providing a foundation of unparalleled data quality, data discovery, governance, and analytics.
