FinanceEdge
According to Health Industry Insights, chargebacks, and returns discrepancies costs the pharma industry 4.5% of revenue. And examples of manufacturers missing financial projections because of incomplete or inaccurate channel data still occur.
FinanceEdge provides rigorous, auditable data quality control and automated returns and chargeback management capabilities that can reduce revenue leakage, improve financial reporting, and placate auditors. It can even help detect undesirable secondary market activity.
FinanceEdge fully leverages your ex-factory shipments, expiring lot numbers, and EDI 867 and 844 data to automatically verify—at the line-item level—that returns match sales, that chargebacks match sales to contract customers, and returns from contract customers yield appropriate negative chargeback credits. It alerts appropriate staff to investigate and resolve deviations that exceed thresholds you set to match your business requirements. True "slice and dice" analytics allows you to investigate transactions down to the details of product, customer, geography, and event.
Available for on-premise deployment, FinanceEdge functions on the same enterprise-grade platform, channel system of record, analysis engine, and reporting system as all Edge Dynamics solutions. FinanceEdge allows standards-based integration to enterprise systems, including SAP-certified integration to SAP® ERP, that protects the integrity of your systems.
See Why Edge delivers capabilities and performance others can't match.
For more information, please review the FinanceEdge datasheet or contact Edge Dynamics Sales.
