CLIENT CASE STUDIES

International Biotech Company, Advisory and Pricing & Contracting SOPs

An international biotech company was looking to develop Standard Operating Procedures across it’s Pricing and Contracting functions in preparation for a RevenueManagement solution go-live. Along with developing SOP’s, the company also required advisory support to implement processes and best practices regardingMembership and Contract Notifications related to indirect channels.​
CHALLENGES
  • Lack of Harmonization Across Channels: Portions of the solution are outsourced to other teams/vendors, leading to disconnect regarding roles and responsibilities for data exchanges, key handoffs and approval​
  • New Business Processes: While there were existing teams responsible for contracting and pricing functions already, utilizing a new revenue management system to develop and manage contracts was new to the teams​
  • Vendor Support: Insufficient vendor support increased the difficulty in scaling and implementing new solutions​
  • Uncertainty of Best Practices: lack of knowledge of indirect channel best practices led to inefficiency and potential for errors​
SOLUTION
Marbls developed standard operating procedures and provided best practices advisory to the company by:​
  • Conducting requirements workshops to understand the current state of the company and all parties involved in the following process areas: Contract Setup and Amendments, Price Execution and Updates, Membership Management, and Rebates and Payments​
  • Developing Standard Operating Procedures (SOPs) and Process Flows to ensure the end-to-end processes are clearly documented​
  • Identifying potential gaps in business processes that need to be accounted for and rectified​
  • Ensuring there is a clear understanding of roles and responsibilities between the company, its vendors, and all teams involved in the process areas​
RESULTS
  • Readiness of the following business process areas prior to the solution go-live:​
    • Contract Setup and Amendments​
    • Price Execution and Updates​
    • Membership Management​
    • Rebates and Payments​
  • Identification and prioritization of gaps for functions and processes necessary for solution go-live​
  • Eased the transition of business users to the new solution due to clear and concise standard operating procedure and process flow documentation​
  • Improved data exchanges and integrations with teams/vendors from outsourced portions of the solution​

An international biotech company was looking to develop Standard Operating Procedures across it’s Pricing and Contracting functions in preparation for a RevenueManagement solution go-live. Along with developing SOP’s, the company also required advisory support to implement processes and best practices regardingMembership and Contract Notifications related to indirect channels.​

  • Lack of Harmonization Across Channels: Portions of the solution are outsourced to other teams/vendors, leading to disconnect regarding roles and responsibilities for data exchanges, key handoffs and approval​
  • New Business Processes: While there were existing teams responsible for contracting and pricing functions already, utilizing a new revenue management system to develop and manage contracts was new to the teams​
  • Vendor Support: Insufficient vendor support increased the difficulty in scaling and implementing new solutions​
  • Uncertainty of Best Practices: lack of knowledge of indirect channel best practices led to inefficiency and potential for errors​
  • Readiness of the following business process areas prior to the solution go-live:​
    • Contract Setup and Amendments​
    • Price Execution and Updates​
    • Membership Management​
    • Rebates and Payments​
  • Identification and prioritization of gaps for functions and processes necessary for solution go-live​
  • Eased the transition of business users to the new solution due to clear and concise standard operating procedure and process flow documentation​
  • Improved data exchanges and integrations with teams/vendors from outsourced portions of the solution​

Marbls developed standard operating procedures and provided best practices advisory to the company by:​

  • Conducting requirements workshops to understand the current state of the company and all parties involved in the following process areas: Contract Setup and Amendments, Price Execution and Updates, Membership Management, and Rebates and Payments​
  • Developing Standard Operating Procedures (SOPs) and Process Flows to ensure the end-to-end processes are clearly documented​
  • Identifying potential gaps in business processes that need to be accounted for and rectified​
  • Ensuring there is a clear understanding of roles and responsibilities between the company, its vendors, and all teams involved in the process areas​