MonitorGPT
MonitorGPT (ChatGPT-like solution) helps compliance officers and monitors to make informed decisions by using Generative AI and machine learning. MonitorGPT enables natural language prompts and helps in almost every life sciences scenario such as but not limited to:
- Providing access to compliance knowledge across the organization e.g. meal limits, gift bans, HCP interaction policies, etc.
- Lets you compare your internal policies and requirements with the industry
- Providing access to sales training materials, label information, and other applicable commercial materials to be accessible in-office or on the road
- Providing access to medical and R&D information
- Complements analytics
The solution comes pre-built with the following documents (but not limited to):
- PhRMA Code, PhRMA Marketing Code
- OIG Compliance Guidance, Special Fraud Alert Speaker Program
- CMS Federal and State reporting rules and other documents
- FCA, AKS, Sunshine Act, and Stark Law
And the best part is you can upload your own documents.
White-out Detection
White Fluid Detection
Machine learning algorithms can be trained to identify patterns and anomalies in expense data. AI can flag unusual spending patterns, duplicate expenses, expenses that deviate from established guidelines or thresholds, or detecting inconsistencies in signatures, text, or formatting that may indicate the use of correction fluid; enabling auditors to focus their attention on high-risk transactions.
SAP Concur Integration
T&E Systems Integration
AI-powered expense audit solutions can seamlessly integrate with existing workflow systems and financial software platforms, streamlining the audit process and enabling real-time monitoring and analysis of expenses.
Comprehensive Expense Audits
Comprehensive Expense Audits
AI can help detect potential instances of fraud or misconduct by analyzing expense data for suspicious activities or behaviors. By applying predictive analytics and anomaly detection techniques, AI can identify outliers and potential instances of fraud, such as unauthorized expenses or inflated invoices.
Past Expense Audits
Past Expense Audits
AI-powered systems can continuously monitor expenses against regulatory requirements, industry standards, and company policies. By automating compliance checks and validations, AI can ensure that expenses are in line with regulations and guidelines, reducing the risk of non-compliance and regulatory penalties.
Risk Remediation
Risk Remediation
Manage risk remediation effectively and efficiently by moving risky reps and reports to the workbench. View consolidated expenses data. Stay compliant, and simplify the expense reporting process.
CMS Genie (Freemium)
CMS Genie, similar to ChatGPT, is a free solution, that uses generative AI enabling you to chat with CMS Open Payments data, providing easy access right at your fingertips. Ask questions to quickly gain actionable insights into spending, payment trends, specialties, and more.
You also get 8 complimentary dashboards, offering a comprehensive overview of key metrics and capability to drill down into specific data points for detailed analysis.
Some of the key features of the solution are:
- Query about top HCPs, top payments, nature of payments, and other CMS data
- Read data in textual, tabular and graphical formats
- You can ask natural language questions, reducing the learning curve associated with traditional data querying methods
- Comes with 8 complimentary dashboards built on top of CMS Open Payments data
- Ability to run on your own data (excluded in free version)