Product – Pricing Management System

The Pricing Management System (PMS) was designed and built specifically to enable pharmaceutical companies make timely, informed decisions in relation to product pricing across the globe. The ability to collect, report and analyze own and competitor product prices; past, current and future, is crucial in facilitating optimal pricing and reimbursement strategies to maximise growth and profitability and minimise the problem of parallel imports.

The PMS is a global reach system and as such is multi currency and multi-language, including extended character set features.

The ability to source accurate competitor prices is a key value add that V-sales and IMS Health bring to the table with the PMS.

Features include:

• Own product list, lowest net (of all incentive strategies and
  market dynamics), internal approved prices, average selling and
  weighted average selling prices
  
• Competitor product list price
  
  
• All price measures are captured, reportable and analysable by:
  
  Region
  Area
  Market
  Channel
  Segment
  Therapeutic area (to two Ephmra levels)
  Disease Area
  Product
  Pack
  Strength
  Unit
  Potency (mg)
  
  
• Pricing and sales data loadable via open configurable interfaces
  to external data sources
  
  
• Pricing and sales data loadable with system to system interfaces
  to internal applications, including standard ERP solutions such
  as SAP
  
  


• Pricing and sales data loadable via smart client uploads via the
  browser from MS Excel and/or text files
  
  
• Closely coupled with V-sales's Agreement Management System (AMS)
  for key account and for contract lifecycle management
  
  
• Comprehensive web based GUI for data entry and retrieval
  
  
• Comprehensive spatial data mart for reporting, decision support
  and data mining. Data mart fully accessible externally as part of
  a corporate wide business information strategy
  
  
• License free OLAP-Lite application included rendering the system
  fully self contained if preferred