News : Genpact and iContracts Partner to Help Pharmaceutical, Biotech, and Medical Device Companies
Bridgewater, N.J. and New York, Jan. 12, 2016 - Genpact (NYSE: G), a global provider in digitally-powered business process management and services, and iContracts, a provider of cloud-based contract, compliance, and revenue management solutions, are partnering to help pharmaceutical, biotech, and medical device companies transform their contract management operations with an operating model to significantly reduce costs and improve accuracy and speed.
The Genpact-iContracts joint solution addresses the above challenges by providing a single supplier for all contract management processes. Life sciences companies can therefore streamline their operations and the business process outsourcing (BPO) environment provides a cost-effective way to access digital technologies, analytics, and a resource of professionals with deep process expertise and domain knowledge.
"By leveraging Genpact's Lean Digital approach and expertise working with top tier life sciences companies with iContracts' leading cloud platform, clients can completely rearchitect their middle and back office contract management processes to align to their business outcomes," said B.K. Kalra, senior vice president and business leader, Consumer Goods, Retail and Life Sciences, at Genpact. "Our joint offering also eliminates the need to continuously invest in consultants, new technology, and expensive upgrades, or worry about process quality and discipline over time."
Posted by Laura Collins, Editorial Management
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Genpact is a Business process outsourcing (BPO) company in India. It was formerly a GE owned company called GE Capital International Services or GECIS. It operates from India, China, Guatemala, Hungary, México, Morocco, the Philippines, Poland, the Netherlands, Romania, Spain, South Africa, and the United States.
iContracts is a provider of contract, compliance and revenue management solutions for a variety of industries including Life Sciences, Healthcare and Education.
Published: Tuesday, January 12, 2016