Audit 100% of your commercial expense data within a few minutes.
Introducing Expense Monitoring & Auditing (EMA) solution which helps life sciences compliance teams streamline expense auditing effortlessly. It enables you to fully automate the audit process for commercial expense reports, ensuring 100% coverage within minutes. Enabling you to stay compliant on internal and external policies and procedures, while limiting manual oversight, minimizing time spent, and reducing workload.
Expense Monitoring & Auditing offers the following capabilities:
* Audit 100% of T&E transactions within a few minutes
* SAP Concur Connector to extract reports and attachments
* OCR Technology to convert receipts, boarding passes, sign-in sheets, travel-related receipts, and expense-related documents into machine-readable text
* Built-in and configurable audit rules
* Manual overriding of the audit results
* Reduce risks by moving reports and reps to the workbench for risk remediation
* Dive into previously executed audits
We were surprised to note that Compliance teams within the life sciences industry have to limit expense and T&E audits to only a small sample. This is primarily due to non-existent technological solutions that can effectively highlight compliance and audit risks across all transactions. Expense Monitoring and Auditing is a fully automated solution, part of our DDCP, that enables compliance teams to monitor and audit 100% of expense and T&E transactions within a few minutes.”., said Muhammad Ovais, CEO, qordata Inc.
qordata Inc. offers data-driven compliance solutions tailored for life sciences firms, streamlining compliance amidst increasing intricacies. Our cutting-edge compliance platform encompasses Aggregate Spend Reporting, Compliance Analytics, Compliance Monitoring, State Price Transparency Reporting, and HCP Engagements.
About qordata:
qordata is the provider of advanced and data-driven life sciences compliance solutions and analytics designed to simplify compliance in an age of growing complexity. With extensive domain expertise and experience, qordata is capable of delivering highly valuable insights with accuracy and speed, enabling life sciences companies and compliance teams to ensure scalability, enhance efficiency and analyze data through our solutions on a scale that enables them to strengthen decision making resulting in better outcomes.
