Sunday, May 19, 2013

Why is Sunshine Act compliance software is helpful?

An innovative expense reporting solution delivers myriad benefits to drug and medical device manufacturers. Within short periods of time, these businesses can track and submit expense reports relating to how much they provided to physicians and teaching hospitals. Software to track physician payments is valuable to companies because the system helps firms save time and money. Additionally, the platform offers on-the-go functionality, and users can enter data into their smartphones and tablets to develop first-rate reports. Sunshine Act reporting software also enables drug and medical device providers to track expenses by using specific criteria. The solution is dynamic and allows users to enter expense categories, dates and other details to ensure Sunshine Act compliance.

A web-based system provides instant access to expense reports at any time, which further boost the solution's value to drug and medical device manufacturers. It is easy to use and has National Provider Identifier (NPI) functionality to help users generate federally required reports without delay.

In short periods of time, managers can find physicians, link multiple medical professionals to a single expense and complete first-rate reports thanks to top-notch Sunshine Act reporting software. With an NPI database that is updated monthly, users can get up-to-the-minute reports on physician payments and secure their data to comply with Sunshine Act provisions.

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