Buried in Rebate Contracts?
We'll handle the heavy lifting
EncompaaS empowers global pharmaceutical organizations to revolutionize the management of their rebate contracts, by using AI to inspect complex rebate contracts and extract data with speed and accuracy. Important rebate information can be visualized in real-time, performing weeks of tedious, manual work in seconds.
A Message from our Chief Customer Officer
Rebate management is a mission critical part of the pharmaceutical industry. Hear our Chief Customer Officer discuss the complexities involved in this vital business process and how EncompaaS can accelerate the speed and time to successfully process rebate contracts using AI technologies.
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- Leverage AI to handle the heavy lifting
- Managing pharmaceutical rebate contracts is extremely complex – the sheer scale, scope and multiplicity makes it an incredibly tedious and time-consuming process. EncompaaS uses a combination of AI technologies to inspect all rebate contracts and amendments, and extract hundreds of data points from these effortlessly.
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- Understand your commercial position in real time
- Rebate contracts impact up to 25% of pharmaceutical revenue, so it’s important you have accurate, up-to-the-minute information to avoid leaving serious money on the table. EncompaaS delivers a real-time collection of all agreements and amendments pertaining to rebate contracts, which stakeholders in your organization can easily search for and reference. This allows you to effortlessly connect the dots between agreement and business performance and make rapid data-driven decisions.
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- Enhance vendor relationships
- Rebate agreements form the backbone of relationships in the pharmaceutical industry, so it’s critical you nurture these effectively. EncompaaS enables you to strengthen connections with distributors, payers, and government agencies through vastly improved accuracy and visibility of rebate contract data. Make smarter, more strategic decisions about current and future rebate contracts with real-time information, so you can swiftly identify risks and opportunities, whilst ensuring that contractual terms are being met by all parties.
Visualize Rebate Data in Real Time
Real World Results
EncompaaS has worked with one of the world’s largest pharmaceutical manufacturers to automate the extraction of data from their rebate contracts, resulting in:
10,000+
contracts
and amendments analyzed using AI
140,000
data
points extracted
95% data
accuracy
rate achieved on average
4,000 hours
saved
in manual processing per quarter
150%
improvement
in speed to source specific data points
90%
increase
of finding commercial or contractual risks in data
Tens of millions of dollars
saved each year for their rebate program
Product Video: EncompaaS Rebate Management
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Register for our Upcoming Webinar
Join us for an upcoming webinar where our Chief Customer Officer, David Gould, will delve into the world of AI in pharmaceutical rebate management.
He'll explore common pain points with legacy manual processes, explain how AI is revolutionizing this highly complex and nuanced landscape, and share a real-world case study from one the world's largest pharmaceutical manufacturers.
Featured Resources
Blog
Three Reasons Why You Need to Rethink Your Rebate Management Process
Blog
Five Challenges in Rebate Management and How to Overcome Them
Whitepaper
Transforming Pharmaceutical Rebate Management with AI
Case Study
How a Global Pharma Company Revolutionized Rebate Management
Blog
How AI is Disrupting Rebate Management in the Pharmaceutical Industry
Infographic
Solving Rebate Management Complexity
Blog
How Intelligent Document Processing can Improve Accuracy and Reduce Risk in Rebate Management
Blog
The Role of Data Visualization in Rebate Management