Compliance Monitoring Tools in Guadeloupe: A Game-Changer for Pharmaceutical and Life Science Companies
In a bid to detect, monitor, and remediate fraud, compliance, and corruption issues more effectively, pharmaceutical and life science organizations in Guadeloupe are seeking innovative solutions. However, their compliance monitoring programs face several challenges, including:
Manual Processes and Limited Data Analytics
- Manual processes can lead to inefficiencies and human errors
- Limited use of data analytics hinders the ability to make informed decisions
To address these challenges, PwC is supporting companies across the industry with its comprehensive compliance monitoring program.
Comprehensive Compliance Monitoring Program
PwC offers a range of services, including:
* Monitoring Strategy and Operating Model Design
+ Helps design effective monitoring strategies and operating models
- Risk Assessment
- Identifies potential risks and threats to organizations
- Analytics Strategy and Design
- Develops data analytics strategies to drive insights and decision-making
- Digital Enablement powered by Risk Detect
- A cloud-based solution that digitizes, automates, and reports key compliance monitoring activities
- US and Global Monitoring Managed Services
- Dedicated resources for live monitoring, transactional monitoring, records review, and data analytics
Risk Detect: A Cloud-Based Solution
Risk Detect is a cloud-based platform that enables companies to:
* Drive Efficiency in Monitoring
+ Automates key compliance monitoring activities
- Get to Results Faster
- Provides real-time insights and reporting
- Evolve Compliance Leaders into True Business Advisors
- Empowers leaders to focus on value creation activities
US and Global Monitoring Managed Services
PwC’s managed services offer dedicated resources that take on the heavy lifting of:
* Live Monitoring
+ Continuous monitoring of transactions and activities
- Transactional Monitoring
- Real-time monitoring of financial transactions
- Records Review
- Thorough review of records and documentation
- Data Analytics
- In-depth analysis of data to identify trends and patterns
By partnering with PwC, companies can:
* Manage the “Cost of Compliance”
+ Reduce costs associated with compliance monitoring
- Re-allocate Valuable Resources
- Focus on value creation activities
PwC’s industry-dedicated team collaborates with clients to design, develop, and implement leading-edge programs, providing staffing and technology tools to support ongoing monitoring execution.
Conclusion
By leveraging PwC’s expertise and technology, companies can transform their global compliance monitoring programs and achieve greater efficiency, insights, and value.