Navigation Links
R- Squared Implements SpendTracker® for French Sunshine Act

Princeton, NJ (PRWEB) January 14, 2014

R-Squared Services & Solutions, Inc. (R-Squared), a leading developer of compliance software for the life sciences and healthcare industries, today announced that in under three months’ time, a team implemented SpendTracker® for a global life sciences organization to manage its aggregate spend reporting in France, consistent with the evolving requirements established by the Conseil National de l'Ordre des Médecins (“CNOM”).

Similar but broader than the U.S. Sunshine Act/CMS Open Payments requirements, the French Law, known as the Loi Bertrand or the French Sunshine Act, requires life sciences manufacturers to report both transfers of value and agreements with physicians and other parties. R-Squared’s SpendTracker® with CiR2us customer master was designed to handle demands of international Transparency reporting, and includes functionality (including geo-location), such as robust language translation, processing of international IDs and addresses, currency conversion, and the ability to report contracts and manage cross-border compliance requirements.

“We have been following closely all international developments in this area and believe that we will see widespread global transparency disclosure requirements for life sciences companies in the coming years,” said Michael Bell, President and CEO of R-Squared. “Consequently, we have positioned our organization and our fourth generation SpendTracker solution so that the implementation of new country-specific disclosure requirements is as streamlined and simplified as possible. Our first European implementation—to manage French reporting for a very large organization—took less than three months, so we’re off to a strong start,” he said.

About R-Squared Services & Solutions
R-Squared Services & Solutions, Inc. (R-Squared) is a software company that develops more efficient and effective ways to ensure evidence-based compliance with the web of regulations and laws affecting the organization. R-Squared translates regulatory requirements into workable tools and practices that simplifies the task of abiding by laws, regulations and industry best practices – while generating solid evidence of compliance at the same time. Additional information is available at

Read the full story at

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. R-Squared and HealthCare Appraisers Collaborate on Online Fair Market Value Calculator
2. PowerObjects Implements Microsoft Dynamics CRM for New Online Healthcare Insurance Marketplace in Minneapolis, MN
3. Catholic Health Initiatives Implements PDS Patient Access Dashboard to Enhance Nationwide Staffing Allocation and Provider Utilization
4. TAG Business Welcomes the Harrisonburg Gold's Gym Harrisonburg to its Client List and Implements New Local Marketing Strategy
5. WPP Implements Integrated Solution to Enhance Customer Service and Workflow Management in Its Service Department
6. Acclaim Health Implements CellTrak CareManager™ to Enhance Client Care
7. Mega Travel Club Travel Services (also known as mytsonline) Implements New Program to Help Members Avoid the Internet Scams and Ripoffs
8. Study implements community-based approach to treat HIV-infection in rural Uganda
9. Volvic to Be a Main Sponsor of "In French With English Subtitles" Movie Festival and Offers Tickets on Facebook
10. Abernethy Laurels Retirement Community in Newton, NC Plans French-Themed Food Show
11. Discover Step-By-Step Plans On How To Learn French Fast With The “Rocket French Premium” Program – Vkoolelite
Post Your Comments:
(Date:6/24/2016)... ... , ... Marcy was in a crisis. Her son James, eight, was out of control. Prone ... physically. , “When something upset him, he couldn’t control his emotions,” remembers Marcy. “If ... at my other children and say he was going to kill them. If we ...
(Date:6/24/2016)... MIAMI, Fla. (PRWEB) , ... June 24, 2016 , ... ... Florida Trend magazine’s 2016 Legal Elite. The attorneys chosen by their peers for this ... of Florida. , Seven Greenberg Traurig Shareholders received special honors as members of this ...
(Date:6/24/2016)... ... June 24, 2016 , ... Comfort Keepers® of San Diego, CA is ... Road To Recovery® program to drive cancer patients to and from their cancer treatments. ... the highest quality of life and ongoing independence. Getting to and from medical ...
(Date:6/24/2016)... ... ... People across the U.S. are sharpening their pencils and honing their writing ... which patients and their families pay tribute to a genetic counselor by nominating him ... Genetic Counselors (NSGC) Annual Education Conference (AEC) this September. , In April, Genome ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... to recognize Dr. Barry M. Weintraub as a prominent plastic surgeon and the ... in the world, and the most handsome men, look naturally attractive. Plastic surgery ...
Breaking Medicine News(10 mins):
(Date:6/26/2016)... Story Highlights: ... the health care industry is causing providers to review ... Deloitte offers a suite of solutions for health care ... cost optimization: labor resource analysis, revenue cycle optimization and ... outcomes and better economics ...
(Date:6/24/2016)... June 24, 2016  Collagen Matrix, Inc., ("Collagen ... and manufacturing of collagen and mineral based medical ... that Bill Messer has joined the ... further leverage the growing portfolio of oral surgery, ... Bill joins the Collagen Matrix executive team ...
(Date:6/24/2016)...   Bay Area Lyme Foundation , collaborating ... for Tick Borne Illness , Harvard Medical School ... Medicine, University of California, Berkeley, and the Veterans ... finalists of Lyme Innovation , the first ... scientists, clinicians, researchers, entrepreneurs, and investors from several ...
Breaking Medicine Technology: