Apttus Contract Lifecycle Management for Biopharma

Outpace The Competition With Reduced Risks and Costs

Apttus Solution

Outpace The Competition With Reduced Risks and Costs

Performance-based contracts are the mechanism that pharmaceutical companies use to drive and measure growth across suppliers, distributors, hospitals, pharmacies, and payers. But without an integrated contract lifecycle management process, Sales sees reduced contracting speed and efficiency, while R&D and Procurement teams struggle to effectively source clinical trial vendors and ensure compliance. Apttus brings the entire contract lifecycle to one platform, ensuring the entire ecosystem — including external teams and partners — have full visibility and control over the entire lifecycle of critical projects and relationships.
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Solutions for the entire organization

Administration and Drafting

Draft and manage contracts on your own paper — or third-party paper — more effectively with automated, dynamic templates and playbooks.

 

Drive speed and accuracy across the entire contract generation process with self-service portals that enable controlled — yet timely — contract creation.

Negotiation

Speed the negotiation process with intelligent clause recommendations, automatic redlining in Microsoft Word, price checks, and intelligent proposal and tender management

Approval and Signature

Empowered with compliance. Help teams run faster and close deals from anywhere with intelligent approvals and workflows and integration to e-Signature. Improve collaboration through Microsoft Word, CRM, Slack, mobile, and Google, while maintaining compliance with a central, secure repository.

Execution

Manage contract obligations, pricing eligibility, rebates, and budgets throughout the duration of the contract lifecycle. Advanced search and a centralized repository makes it easy to find agreements for audits, amendments, or disputes.

Reporting and Compliance

Keep track of renewals and amendments with alerts and notifications. Manage performance, and keep Sales, Finance, and Legal abreast of total spend, risks, renewals, and amendments.

Legal

Improve Contract Compliance and Eliminate Contract Disputes
• Drive operational efficiency across the entire contract life cycle
• Support sales, procurement, and clinical teams in bids, tenders, and contracts
• Gain visibility into compliance and obligations from a single source of truth

Clinical

Improve Compliance and Visibility Across Multiple Stakeholders
• Link contract obligations to R&D project milestones
• Standardize preferred terms and clauses
• Minimize delays and adhere to trial timelines

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Procurement

Optimize Productivity, Reduce Costs, and Improve Visibility Into Procurement Lifecycle
• Streamline the supplier pre-qualification and onboarding process
• Reduce supplier selection time for complex RFPs
• Drive vendor compliance and optimize costs across your supply chain

Sales

Accelerate Contract Lifecycles and Keep Your Sales Teams Ahead Of The Competition
• Accelerate contract cycle times
• Minimize unapproved discounting and deal terms
• Enforce contract compliance with Distributors, GPOs, hospitals, and customers

See What Our Customers Say

 

“Since Avanir launched their CLM solution alongside their partnership with Apttus, Avanir has quickly catapulted to the forefront of big pharma, and their pioneering achievement in the HLS space is unprecedented. Avanir has unequivocally established the CLM standard in a highly regulated industry.

-Joseph Le, Contracts Manager, Avanir

See What Our Customers Say

 

“The real value is that we will provide our business owners of these contracts really accurate data. And moving forward, we will have a better sense of our contracting universe.

-Greg Bennett Manager, Legal Operations, Gilead Sciences

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CLM for Pharma Datasheet

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Ultimate Guide to Contract Management for Pharma

An overview of the critical contracting areas within the pharma enterprise.

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Ultimate Guide to Contract Management

A guide that outlines the steps of the contract lifecycle and details how to maximize the value of deals with effective Contract Lifecycle Management (CLM).

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