Completely Web-based | No desktop software
 CRECSYS Features Contracts Chargebacks Groups Pricing Facility Wholesalers/Distributors Reports 
CRECSYS - Chargeback, Rebate, and Contract Management System

Features Overview

  • Complete system for accurate, configurable and efficient management of Chargebacks/Rebates, Debit Memos, Contracts, Products, Pricing, Group Memberships, Customers (Facilities), and Wholesalers. No other modules required.
  • Reduce the costs in managing chargebacks. Allows you to move to Paperless Chargeback Process. Manages not only original Chargebacks/Rebates, but also electronic resubmissions.
  • Accurate pricing management using Standard, WAC (Wholesaler Acquisition Cost) and contract pricing. Incorrect contract product pricing is responsible for most (eighty percent) of the errors in chargebacks reconciliation. Contracts and memberships changes are notified to the wholesaler/distributor very next day. So the contract pricing is always synchronized.
  • Provides automated EDI Transaction Processing. Inbound 844 (Chargebacks) and 867 (Sales Tracing) EDI transactions and outbound 849 (Chargeback reconciliation) and 845 (Bid Award/Notifications).
  • Manage direct and indirect administrative fees for your contracts or groups.
  • Provides configurable setup of debit memo tolerance and daily draft amount tolerance to avoid the manual processing cost of the chargebacks reconciliation process.
  • Can be configured for multiple business units with in your organization. Access and security is assigned to users for managing the data with in their business unit.
  • Document management feature allows unlimited documents attachments like Word, PDF, Excel, Images, etc. in all processing modules. Add contacts and notes/comments to Contracts, Debit Memo, Products, Groups, and Wholesalers modules.
  • Completely web-based system, no client or desktop software to install. Integrates with your existing applications and enterprise systems.
  • Provides several web-based reporting in PDF, Excel CSV, and HTML formats.
  • User and role-based (group) level security and complete audit trail with user id, date and time stamp. CFR Part 11 compliance ready and facilitates Sarbanes-Oxley Act of 2002.
  • Can be set up as a portal for Wholesalers/Distributors and GPOs with limited security to access reports, Chargeback submissions/resubmissions, and membership maintenance.
  • Application configuration provides a portal for Wholesalers/Distributors and GPOs. Portal Security is configurable and Security compliant.

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