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Global Spend Transparency Reporting Solution – transparencyNOW

transparencyNOW can help simplify and streamline your spend transparency reporting obligations across multiple jurisdictions.

Global Spend Transparency Reporting Solution – transparencyNOW

Improve efficiencies and uphold strong global spend transparency compliance controls

Imagine a user-friendly solution that helps eliminate complexities and streamline data capture, collection and reporting while also keeping you informed about evolving regulations. By tapping into Baker Tilly’s powerful analytics capabilities, you can open the door for you and your team to refocus on its core priorities and mission. complianceNOW® is here to support organizations of any size, ensuring that as your organization evolves, the tool you use can adapt and scale with your operations accordingly.

Streamline your global spend transparency reporting process

Life sciences companies of all sizes face challenges in complying with global spend transparency reporting and regulations. This includes tight reporting timelines, complex data collection and reporting due to fragmented systems, managing third-party relationships and staying up to date on evolving U.S. and global reporting requirements.  

Introducing Baker Tilly’s transparencyNOW, a user-friendly, simplified solution to streamline your spend transparency reporting function and help with accurately reporting transfers of values to healthcare professionals (HCPs) and healthcare organizations (HCOs). transparencyNOW helps streamline the necessary reporting for compliance so you can free yourselves from the cumbersome, manual filing process of CMS Open Payments and filings within other jurisdictions as well as eliminating complexities associated with other automation solutions. This allows you and your team to focus on what matters most.  

Let's embark on this exploration together! 

transparencyNOW's unique benefits

Eliminate unnecessary complexities

Seamlessly integrate transparencyNOW into your existing systems providing efficiency and easy adoption without unnecessary complexities that are often associated with other automated software solutions.

Allow your team to achieve more

Streamline data collection from disparate systems and converting it into the essential formatting requirements which minimizes the amount of time your team spends compiling reports and enables you to concentrate your valuable time on core priorities.

Stay informed on evolving regulations

Actively track and evaluate spend transparency reporting requirements in the U.S. and global markets, including laws in more than 45 countries, reducing the time required for you and your team to adapt to shifting regulations as well as gaining a competitive edge amid the changing global landscape.

Broaden your compliance perspective through enhanced data analytics and insights

Equip your team with powerful embedded analytics designed to drive more effective compliance and commercial strategy decision-making with a customizable dashboard that can be further enhanced based on your organization’s needs. This is coupled with Baker Tilly’s life sciences consulting experience, including former chief compliance officers, to offer a more holistic approach to your compliance function.