GENERIC MANUFACTURERS
Non-Government Rebate Validation and Processing ServicesCarefully examine the financial impact of rebates and discounts in commercial contracts.
Discount and/or rebate provisions can help generic pharmaceutical companies secure business with wholesaler, retailer and group purchasing organizations (GPOs). Even so, you have to carefully model the financial impact of these agreements and gain solid understanding of the range of potential impact discounts and rebates will have on your growth and profitability.
Each commercial contract will normally have either monthly or quarterly reconciliation cycles. Stay on top of your responsibilities by building a database that incorporates the specific terms of all commercial contracts. Tailor an SOP to govern your commercial contract rebate and discount reconciliation and payments.
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We provide insight into the terms and prepare financial models for non-government contracts.
We like to get involved early on in the sales and contract negotiation stages so that we can provide insight into the terms and prepare financial models. The earlier we’re involved, the better equipped you are to make the best possible contracting decisions. We add the financial terms and required timing of reconciliation and payments to a database of commercial contracts for you after a contract is executed. As invoices flow out of these relationships, we reconcile them against the business and financial terms of the agreements and provide you with a comprehensive report to support payments.
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Click on the services listed to learn the many other ways we help manufacturers of generic pharmaceuticals manage countless details that influence profits and risks.