Home | Pricing Management System

Pricing Management System

Product Info
 

C&C Group’s Pricing Management System (PMS) was designed and built specifically to enable pharmaceutical companies make timely, informed decisions in relation to product pricing across the globe.

The ability to collect, report, and analyse internal and competitor product prices, past, current, and future, is crucial in facilitating optimal pricing and reimbursement strategies to maximise growth and profitability and minimise the problem of parallel imports.

PMS is a global reach system and as such is multi-currency and multi-language, including extended character set features.

The ability to identify and source accurate competitor price data is a key value-add that C&C Group's Industry Services arm brings to PMS.

To download the info sheet, click here.

 
Features
 
  • Own product list, lowest net (of all incentive strategies and market dynamics), internal approved prices, average selling and weighted average selling prices.

  • Competitor product list price.

  • All price measures are captured, reportable and analysable by:
    • Region
    • Area
    • Market
    • Channel
    • Segment
    • Therapeutic area (to two EphMRA levels)
    • Disease Area
    • Product
    • Pack
    • Strength
    • Unit
    • Potency (mg)
  • Pricing and sales data loadable via open configurable interfaces to external data sources.

  • Pricing and sales data loadable with system to system interfaces to internal applications, including standard ERP solutions such as SAP.

  • Pricing and sales data loadable via smart client uploads via the browser from MS Excel and/or text files.

  • Closely coupled with C&C Group's Agreement Management System (AMS) for key account and for contract lifecycle management.

  • Comprehensive web based GUI for data entry and retrieval.

  • Comprehensive spatial data mart for reporting, decision support and data mining.  Data mart is fully accessible externally as part of a corporate wide business information strategy.

  • License free OLAP-Lite application included rendering the system fully self contained if it is the preferred business information strategy.

 
Benefits
 
  • Centralised pricing for internal and competitive products at product, pack (presentation) and potency levels (price per MG). This data is vital in the pricing decision process when positioning products in emerging markets or maintaining market share

  • Advanced data security model which can restrict access to sensitive pricing data at an individual user level, specifying which countries and price types (e.g. LIST, NET, ASP, WASP) can be viewed and exported

  • Multiple pricing feeds and sources; C&C Group have identified global data sources who can provide accurate market level pricing data

  • Dynamic Reporting tool; multiple pricing points can be captured and reported upon via the bespoke dynamic data store (DDS). The DDS can be exposed to in house reporting solutions such as Microsoft Reporting Services or Cognos

  • Exchange Rate Pricing comparison; view historic prices in standardised currencies (USD and Euro) with current exchange rates and the historical exchange rate to assess the impact of FX rate fluctuations