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HighPoint Solutions to Develop Contract Analytics Solution for a Top Three Pharmaceutical Company
Date:7/15/2008

KING OF PRUSSIA, Pa., July 15 /PRNewswire/ -- HighPoint Solutions LLC, a premier provider of business-driven IT solutions, today announced that it has been selected by one of the top three pharmaceutical companies in the world to develop a Contract Analytics Reporting & Scorecard solution. This project will provide the pharmaceutical leader with enhanced analysis tools, reports, scorecards and dashboards, resulting in a complete view of its customers and related contract proposals.

"With today's contracting environment becoming increasingly challenging to manage, pharmaceutical companies need better tools to understand the profitability and effectiveness of their contracts," explained Jim Carr, Business Intelligence Solution Lead at HighPoint Solutions. "As a Premier Cognos partner with a dedicated Contract Lifecycle Management (CLM) practice and extensive industry expertise, we believe our proven approach will enable our client to perform multi-dimensional analysis, compare forecasts to actual and more effectively understand why differences exist."

The primary objective of this project is to provide a comprehensive source of contracts and proposal information to the company's Contract Development and Contract Analytics teams. Our key goals are to improve the visibility of the contract proposal status, as well as, provide a greater understanding of contract performance within the organization.

To support this business objective, HighPoint Solutions will integrate the pharmaceutical leader's Contract Analytics and Proposal System and Systematic Performance Management systems. The new Contract Analytics Reporting & Scorecarding solution will ensure the consistency and standardization of information as a foundation for all reports; integrate and structure information to enable greater decision-support capacity; and increase effectiveness and efficiency in access critical information.

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