How life science companies are cutting cost and complexity with the software they use
Implementing the right software to manage documents, maintain regulatory and promotional compliance, and increase efficiency is critical in the life sciences industry.
As everyone in the industry is aware, documents must be rigorously reviewed and approved by numerous internal functions before being distributed. Then they need to be stored in a central secure location. It is important to select a service that will ensure the rigor and security while being simple and efficient for all involved.
Complexity with outdated softwares
Clients often come to Papercurve for improvements on their review processes including MLR despite having a number of solutions and services already in place.
The most commonly given examples of existing solutions being utilized in North America are SharePoint, Documentum, Trackwise, Docusign and Veeva.
These softwares all play a different role and are not integrated together easily, oftentimes causing files to be manually moved from system to system without checks and balances in place for these additional steps.
For instance, to obtain a document signature, one needs to download it from Sharepoint, open it in Docusign, and pay a fee per signature.
These softwares are often outdated; have low user understanding, acceptance and adoption; must be installed by an IT firm at significant investments of time and money.
In addition to the base licensing fee, most software providers charge additional overhead costs for implementation, migration, training, support, custom configurations, etc.
Given the complexity of the software, implementation is not simple either and can be overwhelming to an already stretched group of individuals with competing priorities.
The end result, despite large investments of time and money made by the company, the intended users on the team often revert to email and manual approaches which are fraught with concerns and pitfalls including errors and unknowing noncompliance.
Ironically, the challenges that the software was purchased and implemented to avoid.
It is all too easy for a document to be overlooked, a step to be missed, or a mistake to be made, when not following the established process. This leads to costly consequences.
Replacing Current Systems
More and more health care companies are deciding It is time to replace these systems hopefully with one that can integrate all of these processes onto a user-friendly and intuitive platform that team users will stick to.
A multi-product solution, Papercurve!
Papercurve allows teams to review, author and collaborate on content, submit approvals, sign contracts, store content in a secure, private central repository and much more, all without ever leaving the Papercurve platform.
If there is concern about this change being a lengthy process, rest assured it will be much easier than you thought and well worth it for the sake of your team and peace of mind.
Transfering data to Papercurve can be done in minutes. Training the team on the platform takes less than a week. All set up is done without the involvement of a third-party IT firm.
There will not be hidden overhead fees. The software is simple to learn and use, which is a great advantage for onboarding new staff and new users.
Additionally, Papercurve supports integrations to most modern business software.
Total Cost of Ownership:
Papercurve vs. Older Enterprise Software
Maintaining numerous software “solutions” comes at an exceedingly hefty expense which is often forgotten or ignored.
Papercurve brings significant cost savings to companies that use it to replace other services.
Why continue to wallow in fees for software that doesn't meet your needs, complicates workflow and has low user adoption.
Discover how Papercurve compares to softwares such as Veeva: Papercurve vs. Veeva