SERVICES THAT MAXIMIZE REVENUE AND REDUCE RISK
Revenue Management for Life Sciences
The Life Sciences industry is rapidly evolving. Changing government regulations, product and company mergers, acquisitions, and more dynamic rebating and bundling strategies have all increased the complexity of managing your top line. Despite these changes, many pharmaceutical companies are ill-prepared to execute and maximize revenue.
Traditional revenue execution leaves your company vulnerable. No longer can organizations settle for spreadsheets and manual processes. These outdated methods are subject to human error, which leaves companies uncertain about the accuracy of their top-line revenue.
Revenue leakage is unintentional and often goes unnoticed, yet the overall cost of poor revenue execution is astonishing. Life Sciences companies lose nearly 4.4 percent of revenue each year, which is more than $11 billion across the industry.
Top-line growth requires a strategic approach. With KERnel Business Solutions, your organization can leverage the power of automated Revenue Management strategy solutions to limit risk. KERnel’s Managed Services and Advisory Services further de-risk and empower your business and IT organizations for maximum visibility, audit support, and optimized solution operations.
Let us manage the day to day operations, freeing you up for strategic planning and analysis. We offer full-service support and account management that is individually tailored to your organization. Achieve your unique revenue goals and comply with complex government regulations with unlimited assistance from our revenue software experts.
REVENUE MANAGEMENT SaaS ADVISORY SERVICES
System Implementations, particularly those that are as complex as Revenue Management, are not a pharmaceutical’s core business.
Migrating to a new RM model is a robust, involved process that includes new workstreams and requires a unique Program Management skillset as well as a working relationship with the Software Vendor to drive success.
MERGERS & ACQUISITIONS
Our data hub and aligned services, we provide a systematic approach with pre-configured data extraction and reconciliation capabilities. Leverage our robust repository of Life Sciences Revenue Management data rules and systematic approach to alleviate time constraints that are often associated with an ad-hoc process.