News & Events

April 16, 2015

IntegriChain Offers Free Webinar on the Impact of Downstream Inventory on Gross-to-Net Accounting

Leading healthcare channel management software company will present best practices for improving reporting consistency and reliability with enhanced inventory dataset

dave-weissjosh-halpern

Philadelphia, PA – April 16, 2015 – IntegriChain, a rapidly growing cloud company focused on channel management for healthcare suppliers, today announced it will host a free webinar for healthcare manufacturers on best practices for incorporating downstream inventory into gross-to-net accounting practices on Tuesday, May 12 at 11 am. IntegriChain’s Co-Founder and Executive Vice President Josh Halpern will join Director of Solution Engineering Dave Weiss in presenting data-driven best practices for estimating inventory when calculating gross-to-net. To register, go to IntegriChain free gross-to-net webinar.

The use of IntegriChain’s data in gross-to-net accounting practices allows manufacturers to lay an unparalleled framework that creates reporting consistency and reliability for reserve management, loss of exclusivity and launch reserve tracking and planning, budget and production cycle planning, and forecasting inventory movements and trends.

This webinar will focus on best practices for estimating inventory when calculating gross-to-net to eliminate gross overstatements or understatements of pipeline liabilities that do not triangulate well with other channel commerce data sets. The presenters will cover real-world methodologies to avoid error risk in estimating the impact of downstream inventory on gross-to-net and best practices for using auditor-approved downstream inventory data and analytics for preparing for loss of exclusivity (LOE), tightening gross-to-net reserves, and improving visibility to gross sales forecast risk.

“Most healthcare manufacturers only see 40% to 60% of their inventory through 852 data, creating significant risk in total pipeline reserves – a highly critical component to every gross-to-net accounting process,” said Halpern. “Increasingly, healthcare manufacturers and their auditors rely on IntegriChain’s enhanced inventory data sets to estimate downstream inventory for any NDC distributed in the downstream pipeline across all channels of business. The use of IntegriChain’s data in gross-to-net accounting practices allows manufacturers to lay an unparalleled framework that creates reporting consistency and reliability for reserve management, loss of exclusivity and launch reserve tracking and planning, budget and production cycle planning, and forecasting inventory movements and trends.”

About IntegriChain
IntegriChain is the leading channel management cloud used by healthcare suppliers, including nine of the top-10 pharmaceutical manufacturers, to improve the efficiency of how products reach customers. Pharmaceutical, biopharm/specialty pharma, generics, and consumer health suppliers use IntegriChain to manage their supply chain relationships, inventories, and orders across a vast network of retailers, ecommerce, and distributors. As a suite of informed applications and analytics built on top of aggregated channel inventory and point-of-sale (POS) data, IntegriChain provides customer operations, national accounts, and finance teams with a collaborative, agile, and mobile alternative to ERP and homegrown systems. By embedding big-data customer insights into daily business processes, IntegriChain helps control the high cost of product distribution while improving product availability, ensuring a higher level of revenue predictability and maximizing distribution investment. More than $175 billion in annual US commerce and 1.5 billion transactions flowed through the IntegriChain Cloud in 2014. For more information, visit www.integrichain.com and follow us on Twitter @IntegriChain.

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IntegriChain is a registered trademark of IntegriChain Incorporated. All other trademarks are property of their respective owners.

Contacts
Jennifer Guinan | Sage Strategic Marketing
610.410.8111
Jennifer@sagestrat.com

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