Sysbiz Technologies | IMS Managed Markets and BPI Jointly Present Gross-To-Net (G2N) Best Practices and Solutions at CBI’s 6th Annual Pharma/Biotech Accounting & Reporting Congress.
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IMS Managed Markets and BPI Jointly Present Gross-To-Net (G2N) Best Practices and Solutions at CBI’s 6th Annual Pharma/Biotech Accounting & Reporting Congress.

Posted on March 14, 2010 by

BPI Technologies, the leading provider of software Revenue Management (BPI Contracts) and GTN Revenue Recognition (BPI GTN) solutions for the Lifesciences industry, co-presented with IMS Health’s Mark Linver at the annual CBI Congress. The presentation focused on best G2N practices and BPI’s GTN solution.

BPI’s GTN solution is a key component of BPI’s GTN Revenue Recognition (BPI R2) solution suite, which is a comprehensive revenue planning and management solution. It includes forecasting as well as stable revenue management through constant attention to accruals versus actuals — rather than true up journal entries that are unpredictable in amount if they are left until the end of a month / quarter / year. Major functions within the R2 solution suite include forecasting, accrual management, gross-to-net, financial impact analytical tools, and true ups. Business benefits include better gross-to-net revenue recognition, ASP stabilization, and improved revenue forecasting and planning.