Function
Finance
Industry
Life Sciences & Healthcare
Region
America
Pharmaceutical manufacturers can use a consistent process across business functions and centralized, real-time data in a connected Anaplan model to more accurately forecast utilization and discounting by market segment, starting at the contract level. By integrating gross-to-net management, manufacturers can quantitatively assess the amount of discounts flowing through each contract component and market segment, ultimately improving their ability to predict net revenue in future periods. This further enables improved accuracy of accruals and better-informed reserves, with potentially immediate impact on the bottom line.
Request a demoHow do pharmaceutical manufacturers forecast net revenue?
Pharmaceutical manufacturers find it difficult to forecast their net revenue because product pricing adjustments (discounts) to their gross revenue are highly complex, vary greatly across market segments and customers, and contain high-data volumes to process. This difficulty in ability to forecast net sales directly impacts accrual management and product reserve accuracy. Moreover, due to the complexity and uniqueness of pricing adjustments, traditional spreadsheet-based approaches to forecasting lack scalability and are unable to incorporate interdependencies between market segments.
Solution features
Gross-to-net forecasting benefits from the tailor fit capabilities that Anaplan brings, solving for:
- Real-time collaboration
- Native audit trail
- Version management
- Forecast accuracy
- Flexibility and configurability
- A streamlined and centralized system
- High-data volumes across multiple market segments
- No disruption to upstream/downstream activities
Supporting links and docs
- Gross-to-Net Summit Webinar
- Download GTN Value Stream Presentation
- View Customer Case Studies
- Twelve & Pharosity Partnership
- Gross to Net Webinar
- Customer Story Video