Pharmaceuticals

Companies continue to seek new ways to increase revenues, cut costs, and improve regulatory compliance. Having a "single source of truth," with consolidated, clean and consistent information in critical areas of business data has proven to be a sustainable competitive advantage and can provide a dramatic return on investment.

EMEA stated the following typical requirements:

• A solution to introduce a move away from a document-centric approach and manage the underlying information in a more efficient manner

• Obviate the need for document formatting − more time to spend on content review

• Optimize re-use of information − consistency of commenting and presentation

• Full audit trail of the commenting cycle

• Unambiguous version management of product information (PI) versions − presentation of changes

Key GRIPS Differentiators

Traditional Systems:

• Point solutions for SPL/PLR, PIM or both

  • Enhancements require costly customizations

  • Limited use of PI across enterprise

• Document (and therefore format) centric

  • Reduced information re-use

  • Increased duplicate content management, review and approval cycles

  • Increased handling increases likelihood of errors and higher costs

• Custom integrated technology components

  • Cumbersome and costly upgrades with multiple vendor integration

GRIPS Value Proposition:

• Adds scalability to any type of information architecture, e.g. PI

  • Leverage investment across enterprise

• Effectively manage content in semantic structure

  • Optimal flexibility allows business agility in changing landscape

  • Ease of adding new standards such as Identification of Medicinal Products

  • Enable greater corporate-wide accessibility to current, accurate product information, throughout all stages of the product life cycle

• Single vendor with integrated components

  • Greater efficiencies through optimized, cross-functional integration

  • Collaboration enabling parallel authoring and review

  • Translation directly linked into Information Units (IU)

  • Reduced costs for upgrades and cross-vendor dependencies

• Information Units (IUs) organized via Axes

  • Information accessible and findable

  • Optimal re-use to match product development