Mindlance offers a Government Pricing Solution to meet your calculation and reporting needs. Pharmaceutical price reporting legislation continues to be a compliance and cost burden to manufacturers. The effort to comply is increasing at a time when many departments are reducing staff and resources responsible for performing regular calculation processes. Coupling this with an increased level of scrutiny and new penalties for noncompliance, existing manual processes become insufficient. Mindlance has developed a comprehensive pricing calculation solution to reduce compliance risk by eliminating inaccuracies caused by manual spreadsheet processes.

Functionality

• Load and validate direct sales, rebates, chargebacks and other source data for use in calculations
• Review, include or exclude transactions
• Define and calculate standard government pricing calculation
• Store historical pricing records
• Export pricing records for filling purposes
• Configure alerts and notifications

Features

• Quick installation and configuration
• Simple approach for defining pricing formulas, creating data filters and associating business rules
• Ease of use with intuitive interface
• Pre-configured to support all standard price requirements
• Built entirely using Microsoft Access

Benefits

• Reduce time required for calculation processes
• Ensure standard approach across varying periods and by different users
• Affordable pricing makes return on investment attractive for virtually any manufacturer
• Automates and documents calculations which minimizes manual errors and gaps in audit trail
• Eliminate Microsoft Excel spreadsheets and complex macros

Uses

• Comprehensive pricing solution for small to mid-sized manufacturers not ready to invest in enterprise-level systems
• Restatements of prices that cannot be easily calculated in primary systems
• QA tool for validating implementations of enterprise-level software