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Top Pharmaceutical Company Selects iContracts for Contract Management Solutions

Top 15 Generics Manufacturer to Deploy Full Suite of iContracts Solutions

Raritan, NJ – August 20, 2013 iContracts, a leading provider of solutions for managing corporate contracts, commitments, and compliance today announced that a full-service generic pharmaceutical company focused on developing, manufacturing, packaging and distributing prescription products, has selected iContracts full suite of solutions to manage commercial contracts and help insure compliance with Government pricing programs including Medicaid, state programs and associated calculations and reporting. The iContracts solution will help the pharmaceutical company optimize performance by streamlining these critical processes.

The manufacturer will be replacing a legacy solution as a direct response to rapid and accelerating growth in their business requiring a more robust platform to integrate business processes and insure government compliance. The company will utilize iContracts Chargebacks Payer, Rebate Payer, Medicaid Payer, Government Pricing, and Reporting & Analytics. These solutions are proven to strengthen their compliance and revenue management.

Leigh Powell, Chief Executive Officer of iContracts noted, “We are pleased to welcome another fast growing manufacturer and distributor of high quality affordable generic medications across a wide range of therapeutic areas. Their vision and operating principals are well in-step with the needs of patients, payers, and providers in today’s healthcare environment – and iContracts is proud to support these efforts.”

iContracts’ solutions are available as an “on demand” service or as a behind-the-firewall offering and are built on iContracts’ revolutionary BCS platform featuring an advanced data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to execute any process after learning just two basic page formats. This groundbreaking design drastically reduces implementation; training and future upgrade timeframes and costs.

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.

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