[November 19, 2012]

Cegedim Relationship Management Announces Self Service Option of Market-Leading AggregateSpend360™

Cegedim Relationship Management today announced that AggregateSpend360™, the market leading life sciences-specific aggregate spend and transparency compliance solution, is now available in a Self Service model to streamline the transparency reporting process, and deliver maximum cost effectiveness. Geared specifically for life sciences companies with lower volumes of financial interactions with healthcare practitioners/organizations, AggregateSpend360 Self Service fosters optimal compliance reporting for state, federal and global transparency regulations without the financial commitment of a fully automated system.

Revolutionary and Budget-Conscious Compliance Solution to Achieve Better Reporting Practices
New demands from the wave of heightened transparency laws have many of today's companies turning to fully automated solutions to more efficiently meet complex requirements. However, many life sciences companies are finding the investment of full compliance automation to be beyond the scope of their current budgets.

AggregateSpend360 Self Service enables life sciences firms with lower transaction volumes to integrate, track and manage all financial interactions with HCPs across their enterprises, without the financial impact of a more automated compliance system. The solution perfectly suits smaller companies as it simplifies the expense reporting process by allowing companies to enter data manually or via spreadsheet upload rather than through automated data feeds. Leveraging size to their advantage, companies are now able to drive Cegedim Relationship Management's proven track record of compliance expertise to better respond to transparency laws and create valuable internal synergies.

"The AggregateSpend360 Self Service model benefits small companies as it can easily adapt as their needs change. Specifically, the innovative compliance platform can be upgraded with automated data feeds, and features the capacity for global expansion," said Bill Buzzeo, Senior Vice President, Business Development for Cegedim Relationship Management. "The solution's low implementation cost and overall TCO delivers game-changing efficiency and long-term sustainability to companies - streamlining their ability to meet all transparency requirements while staying well within strategic financial guidelines."

Lastly, the solution seamlessly integrates with Cegedim Relationship Management's U.S. Compliance ID powered by OneKey®, which provides healthcare practitioner / organization data validation in order to ensure completeness, consistency and accuracy. Cegedim's U.S. Compliance ID powered by OneKey service empowers companies to expertly satisfy pharmaceutical aggregate spend and disclosure reporting regulations through verified medical licensure information sourced from a reliable database of 12 million registered HCPs and one million healthcare organizations.

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