Apttus Contract Lifecycle Management for Pharmaceuticals

Apttus CLM helps pharma manufacturers bring compliance, speed, and visibility to the contract management process across procurement, clinical trials, and sales

Enterprise Contract Management for Pharma

Administration & Drafting
Drive speed and accuracy with automated, dynamic playbooks

Negotiation
Streamline proposal & tender negotiations

Signature
Collaborate across finance, operations, legal for deal evaluation & finalization

Execution
Standardize a common contract execution process across vendors and customers

Reporting & Compliance
Gain visibility into customer, segment, and channel performance to drive renewals and amendments

Avanir’s Success with Apttus Contract Management

“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 at Avanir

Solutions for the Entire Organization

Manage buy-side, sell-side, and clinical contracts on a single platform

  • Drive operational efficiency across contract request, authoring, negotiation, and execution processes
  • Support sales, procurement, and clinical teams with templates and content libraries for the most complex deals, tenders, and contracts
  • Drive control and consistency by standardizing legal playbooks with common language and optimal terms and conditions
  • Gain visibility into risk and compliance by accessing contract versions, amendments, and approval histories from a single source of truth

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Manage supplier relationships and optimize sourcing

  • Streamline the supplier pre-qualification and onboarding process
  • Reduce supplier selection time for complex, multi-supplier, multi-stage tender and RFP processes
  • Optimize supplier spend by leveraging insights to help you negotiate effectively and maximize buying power
  • Drive compliance and gain visibility across your supply chain by automatically tracking, assessing and managing obligations across all suppliers and contracts

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Reduce compliance risks and track obligations for clinical trials

  • Standardize preferred terms and clauses to meet regulatory, R&D, and country specific legal requirements
  • Link contract obligations to R&D project milestones
  • Manage risk and drive full compliance with automated obligations tracking and standard legal playbooks
  • Execute trials as planned by reducing bottlenecks across the contract life cycle

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Drive contract efficiency and effectiveness

  • Speed up sales cycles and win more business by accelerating contract and approval cycle times
  • Drive contract profitability and reduce revenue leakage by preventing rogue discounting, unfavorable deal terms, and untracked deals
  • Minimize legal risk and sales cycle delays by reducing contract processing errors
  • Enforce contract compliance with customers and eliminate pricing and rebate & chargeback claim disputes

SCHEDULE A DEMO

Drive Business Value with Apttus CLM

+47%

Faster Audit Reports

+45%

Improvement in Contract Accuracy

+43%

Increase in Contract Compliance

+42%

Faster Contract Processing

+42%

Increase in Contract Processing Volume

Apttus Pharma Customers

Logo CenturyLink
Logo Equinix

“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 at Gilead Sciences

Additional Resources

Blog: Top 3 Challenges in Pricing for Life Sciences Industries

Demo: Apttus Contract Management

The Ultimate Guide to Contract Management