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iContracts To Attend GTN Conference and Preview New Accrual Manager Solution

iContracts plans exhibition at Gross-to-Net Conference in Philadelphia

Raritan, NJ – November 13, 2013 – iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced its plans to attend the 3rd Annual Gross-to-Net Accounting and Accruals Conference located at the Lowes Hotel in Center City Philadelphia, November 19-20, 2013.

Held by CBI for the 3rd year, the Gross-to-Net conference is the only meeting dedicated to the ongoing challenges and complexities of GTN accounting and accruals within the life sciences industry. Pharmaceutical manufacturers handle a large volume of complex transactions and contracts, often involving government purchasers, buying groups and indirect channels. The conference will focus on strategies to capture, monitor and report GTN data.

“We are especially excited to support this industry leading event this year, as it coincides with our recently released Accrual Manager solution,” said Steve Johnson, Director of Sales for iContracts, Inc. “The GTN Conference provides iContracts with the opportunity to preview Accrual Manager, a highly flexible tool, which allows users to create custom Sales Allocation Categories and make real-time adjustments to Accrual journal entries. Most importantly, this valuable tool allows our clients to plan next month’s Accrual Reserves, as part of their Gross-to-Net closing process.”

During the 2 day conference, iContracts will showcase their entire suite of true cloud-based revenue and compliance management solutions to pharmaceutical and biotech industry professionals, including their new Accrual Manager module. Accrual Manager is the most recent addition to iContracts Revenue Optimization suite focused on helping companies manage the entirety of the planning and monitoring lifecycle including what-if analysis, the application of various optimization techniques, and deal recommendation/evaluation.

iContracts suite of fully integrated solutions manages all aspects of a company’s contracting processes, including, processing chargebacks, rebates, Medicaid rebates, Medicare GAP payments, other incentive agreements and Government Pricing compliance at all levels. They also provide a flexible central repository for contracts of any type.

About iContracts
iContracts’ goal is simple – to deliver better solutions for managing contracts that are faster, easier and less expensive to implement. This mantra is reflected in everything we do. Our software is generations ahead of other solutions, powered by a Simplified Common User Interface (SCUI) that makes every user an “expert” by learning just two simple, reusable views and backed by the most highly evolved data architecture in the industry – built by technologists with considerable and unique experience in building contract management solutions for the Life Sciences industry. This deep understanding and straightforward approach shows in everything we do. iContracts comprehensive suite of solutions manages all aspects of a Life Science company’s chargeback, rebate and Medicaid processes as well as other incentive agreements and Government Pricing compliance at all levels. Our solutions are enterprise-class and can be quickly and easily integrated with any off-the-shelf or custom system to meet exacting business requirements without the army of consultants and endless fees associated with other products and providers. For more information, please visit www.icontracts.com.

About CBI
Creating compelling content and personal connections for the Life Science industry for nearly two decades. CBI, an Advanstar company, is the life sciences industry leader in providing thought leadership, actionable data, benchmarking, case studies and regulatory information through a dynamic conference platform that facilitates innovation, collaboration and elevation across the pharmaceutical, biotechnology, medical device and healthcare industries. CBI’s proprietary and intensive market research and product feasibility testing methodology has helped CBI deliver timely and first to market content driven conferences. These include annual flag ship events such as PCC (Pharmaceutical Compliance Congress), PAP (Patient Assistance and Access Programs), Pharma Accounting and Reporting Congress, Pharma Forum and Medicaid and Government Pricing Congress.

Benefiting over 5,000 executives annually, CBI conferences provide the market with leading edge, actionable information on the most compelling industry mega and micro trends through exclusive thought leadership presentations from our esteemed speaking faculty and government officials. CBI conferences also serve to connect executives and decision makers with technology, regulatory and consulting solutions from Fortune 500 companies and the most cutting edge solution providers. For more information, please visit www.cbinet.com.

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