WisdomInterface

Agreeable Life Sciences

Digital transformation is helping life sciences organizations accelerate the development and delivery of products, from medicines to medical devices. But one fundamental business process is holding back progress: the agreement process. Because they carry risk of regulatory and legal exposure, contracts and other agreements—made with patients, doctors, researchers, vendors, and other stakeholders—are often still highly manual, paper-based, and tradition-bound. The result is work processes, such as closing supplier deals and getting patient consent, that are needlessly slow, costly, and prone to error. There is a better way to get agreements done, on both the commercial and regulated sides of the business.

Now, thanks to new digital technologies, the entire agreement process can be automated and connected—from preparing an agreement by pulling data from relevant systems, to allowing anytime/anywhere electronic signing, to automatically acting on agreement terms, to managing completed agreements in a single, secure repository. This transformation can cut processing times from weeks to hours or minutes, reduce errors by 88%, save $77 per agreement, and deliver better experiences for everyone involved.

By modernizing agreement processes that are everywhere within life sciences companies, life-saving drugs and devices can get to market faster and business processes can be done smarter.

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Xcellent Insights is a futuristic market intelligence firm, headquartered in New York, US that focuses on providing strategic market insights. We offer a plethora of data-centric research reports and consulting services to help customers expand and explore their business strategies, obtain clarity about current business trends and future development, and attain substantial growth. Our portfolio of services includes syndicated and custom research reports driven by end-to-end market research and market intelligence studies.

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We strive to offer the best market research and consulting services to our customers that will benefit them in making informed business decisions. We provide an extensive list of market research titles falling under various industry categories such as consumer goods, food, and beverages, automotive, healthcare, and chemicals, covering latest and trending market insights. Through our services, we aim to connect an organization’s goal with lucrative outcomes globally.

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