Global Transparency Reporting Services
Increasing global emphasis on transparency and accountability in the life sciences sector exerts pressure on compliance officers and life sciences companies.
qordata’s Global Transparency Reporting service is positioned at the forefront of this trend, offering comprehensive, locally adapted compliance reporting services that meet the growing need for cross-border transparency.
The service simplifies and streamlines your spend reporting process across multiple jurisdictions, reduces risks, and eliminates data capture, collection, and reporting complexities.
Challenges Associated with Global Transparency Reporting
Life sciences companies face many obstacles when complying with global transparency reporting requirements.
- The challenges include:
- Tight reporting timelines
- Complex data collection
- Siloed/Fragmented systems
- Managing third-party relationships with transfers of value
- Ensuring compliance with specific formatting requirements
- Staying up to date on U.S. and global reporting requirements
qordata’s Global Transparency Reporting services encompass comprehensive assistance in preparing and submitting transparency reports tailored to local regulations outside the United States.
We cover data collection, validation, and reporting processes, ensuring that all disclosures of payments made to Health Care Professionals (HCPs) and Health Care Organizations (HCOs) comply with local legal requirements.
Unique Features of Our Global Transparency Reporting Services
Our Global Transparency Reporting services utilize a combination of advanced compliance technology and the expertise of local SMEs.
These experts bring an in-depth understanding of regional compliance landscapes, which, when combined with our technology, offers a customized service that adapts to each country’s unique requirements.
Local Expertise
Our service is enriched with insights from local SMEs who understand the nuances of regional compliance.
Customized Services
We don‘t just offer a one-size-fits-all solution; our services are customizable to align with specific local needs.Â
Optimize Reporting Process
Ensure compliance with local regulations and the transparency reporting process.
Seamless Integration
Our technology integrates with various data sources, enhancing the accuracy and efficiency of reporting.
Assure Ongoing Compliance
Our local SMEs are available to provide ongoing review and feedback to support customers at every stage of the reporting process.
How It Works:
- Initial Consultation: Understanding the client’s needs and the local compliance landscape.
- Local SME Involvement: Engaging local SMEs for region-specific expertise and guidance.
- Compliance Reporting: Utilizing our SME insights to validate and report data.
- Final Submission: Ensuring accurate and timely submissions of compliance reports.
- Ongoing Support: Offering continuous support and updates on local compliance changes.
Let's Ensure Compliant Global Reporting
qordata enables life sciences companies and compliance officers to ensure compliance with global and local regulations and optimize the transparency reporting process.
Get Your Global Transparency Reporting Streamlined
