This template allows life science companies to have a pre-built, customisable solution to address their federal reporting needs
Global Life Science organisations now have a solution to address strict government reporting guidelines
London, UK – December 13th, 2011 – Mendix, the leading business-driven application development platform, today announced the addition of an Aggregate Spend Portal Template in its community driven AppStore. The template is used by global life science organisations under strict, yet unpredictable, government requirements to report aggregate spend on health care professionals (HCPs) as of 2013 per the Physician Payments Sunshine Act.
In order to avoid costly fees associated with errors in reporting, life science organisations will have to begin collecting aggregate spend data throughout 2012. These reports require multiple, disparate systems to integrate and validate HCP spend, creating a difficult information technology task for legal counsel and compliance teams not used to dealing with such issues.
“Mendix applications have been shown to quickly extend existing systems with custom top-layer functionality. This template allows life science companies to have a pre-built, customisable solution to address their federal reporting needs in two to four weeks with minimal IT involvement,” said Mendix’s Vincent de la Mar, who works directly with North American life science companies. “Federal reporting guidelines are frequently changing and evolving, making ease of adaptability a key requirement for the Aggregate Spend Portal Template.”
Several companies have already taken advantage of Mendix’s built-to-change applications in order to comply with the Physicians Spend Sunshine Act, finding the platform to be particularly suited for fast and adaptable compliance reporting solutions. While Mendix has predominantly focused on supporting mission critical applications and transactional portals, representatives familiar with the matter are praising the platforms virtually limitless integration possibilities and unrivalled speed as the ‘silver bullet’ to compliance solutions.
Mendix enables business change by simplifying collaboration between business and IT. Mendix’s Agile Business Platform™ is an enterprise-class Platform-as-a-Service solution for agile application lifecycle management in the cloud - it rapidly develops, deploys and manages enterprise applications that smoothly integrate with existing systems. Mendix has over 20,000-users worldwide and has been recognized by leading analyst firm Gartner as a Cool Vendor. Mendix is a global company with offices in the US, UK, the Netherlands and South Africa. For more information please visit http://www.mendix.com.
Carina Birt, Sarum PR
PR for Mendix UK
+44 1722 411150
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