Solution Providers For Your Life Science Business Challenges
Do you need help developing effective contracts for your interactions with Thought Leaders?
BioPharma Advisors has found that there are significant inefficiencies in the contracting process.
Take this quick true-false test. If you answer "false" to one or more of the statements listed, please consider help from BioPharma Advisors.You may use the information below to contact us.
We use the same consistent speaker contract with at least 90% of our speakers.
There is a process that we follow when university speakers or advisors want to use their own contract, approved by their institution.
Our speaker and advisor contracts are five pages or less.
We have a centralized database that currently houses HCP contracts.
Our contracting process is handled by one department or one third-party vendor.
We re-contract all our speakers at the same time.
The medical department has the same process and houses its contracts in the same central database.
We send at least 80% of our contracts electronically.
Our speakers and advisors are used at least twice during their contracted time.
Our speaker and advisor contracts include information on our company cancellation policy.
If you need help, please contact us! Robert Nauman Principal BioPharma Advisors LLC 2500 Regency Parkway Cary, North Carolina 27518 USA (919) 336-5026 rnauman@mybpa.net
Contracting Efficiency Service BioPharma Advisors, LLC
BioPharma Advisors has found that many companies in the life sciences arena have significant inefficiencies in their speaker and advisor contracting processes.Many companies today do not even have this service centralized because they run and manage this through their brand teams, business units, and affiliates.This decentralized approach presents an increased risk of inconsistencies in payment, contract terms, and misplaced contracts.Not having a contract on file for a healthcare professional who provides services and receives payment can be a legal risk.Companies that do have their contracting process centralized do not necessarily have an efficient process.Many have a manual process and work from hundreds of different speaker, advisor, and consultant contracts.This can force legal counsel into spending unnecessary time developing and reviewing contracts. Also, most companies do not use electronic contracting -- which the majority of healthcare professionals prefer. Electronic contracting can save companies significant time and money.
BioPharma Advisors has more than a decade of experience in the biotech-pharmaceutical industries and our consultants also have experience working with companies to help them organize and centralize their contracting process.Let BioPharma Advisors help you save money, manpower, and delight your customers with a more efficient contracting process.Please select one of the following services.
LEVEL I BioPharma Advisors will provide a GAP analysis of the current contracting situation.This assessment will also come with a basic improvement strategy plan for your company’s contracting process.
LEVEL II Level I services, plus BioPharma Advisors will develop three to four standard contract templates and a contract deviation process.BioPharma Advisors will also provide a more advanced improvement strategy plan for your company’s contracting process. LEVEL III Level II services, plus BioPharma Advisors will serve as project managers to centralize and organize your contracting process.This service will come with SOPs, work instructions, and flow diagrams.BioPharma Advisors will prepare the training materials that the company and contracted healthcare professionals will use.This service does not include electronic contracting. LEVEL IV Level III services, plus BioPharma Advisors will serve as the project manager to help with the electronic contracting process.BioPharma Advisors will prepare the training materials that the company and the contracted healthcare professionals will use (including materials on electronic contracting).This doesn’t include technology costs.