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Leveraging technology to enhance profitability and contract performance
March 17, 2023
Authored by RSM Canada LLP
Joel A. Humphrey, CPA, CA shared this article
ARTICLE | March 17, 2023
Operating in the life sciences industry can bring a variety of challenges around the visibility and management of chargebacks, rebates, fees, accruals, returns and gross-to-net. However, life sciences companies can leverage emerging technology applications to address these challenges and take operational efficiency and profit protection to the next level.
As a leading provider of contract management services in the life sciences industry, RSM has developed a revenue contract management (RCM) solution for Microsoft Dynamics 365. The RCM application pulls data from multiple external solutions, consolidates it into the Dynamics 365 Finance and Supply Chain Management system, and provides advanced analytics capabilities.
The RCM application increases the transparency of your market and product data, enhancing your ability to react to market dynamics to optimize pricing.
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Source: RSM Canada
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FCR a proud member of RSM Canada Alliance, a premier affiliation of independent accounting and consulting firms across North America. RSM Canada Alliance provides our firm with access to resources of RSM, the leading provider of audit, tax and consulting services focused on the middle market. RSM Canada LLP is a licensed CPA firm and the Canadian member of RSM International, a global network of independent audit, tax and consulting firms with more than 43,000 people in over 120 countries.
Our membership in RSM Canada Alliance has elevated our capabilities in the marketplace, helping to differentiate our firm from the competition while allowing us to maintain our independence and entrepreneurial culture. We have access to a valuable peer network of like-sized firms as well as a broad range of tools, expertise, and technical resources.
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