HIPAA News

Axway Offers Synchrony Healthcare Compliance Suite On Demand

(July 10, 2008)-- Axway's Synchrony Healthcare Compliance Suite is now available as a Software-as-a-Service (SaaS) solution, giving companies the only industry all-in-one platform solution that can improve supply chain agility, efficiency and cost-effectiveness without making a significant investment in IT infrastructure.

Axway's Synchrony Healthcare Compliance Suite On Demand fits Axway's "start anywhere, use anything" architecture, allowing companies to use one or more of the applications as needed to meet their business requirements. The Suite helps the pharmaceutical supply chain significantly increase the availability of information, ensure compliance, gain insight into the performances of the supply chain and reduce operations expenses. Companies using the Healthcare Compliance Suite are able to improve operational efficiency through supply chain visibility, enable product authentication and assure data integrity across all supply chain transactions.

Based on Axway's Synchrony Business-to-Business Integration (B2Bi) Gateway solution, the Healthcare Compliance Suite On Demand gives customers detailed supply chain visibility without the cost, maintenance and infrastructure associated with traditional software applications. Customers can expect to realize traditional SaaS benefits including lower maintenance and IT skills upkeep, risk reduction and a significantly lower total-cost-of-ownership (TCO).

"Axway is the only company that offers a completely outsourced solution to address ePedigree, serialization, track and trace, electronic schedule II ordering, fee-for-service, chargeback reporting and EDI capabilities," said Rohit Khanna, senior vice president, professional services, Axway. "It is important for healthcare companies to have an adaptable, collaborative platform to help them meet their financial and operational goals while addressing the demands of a changing market. As new needs arise, customers can simply adapt their menu of hosted services."

A growing number of pharmaceutical companies currently use Axway's on demand offerings. "Axway's Web-based, outsourced solution has helped us enhance operational effectiveness and cost-effectively collaborate with our partner ecosystem to meet compliance requirements," said Sherri McAuliffe, marketing manager of Banyan International Corporation.

Canada's largest generic pharmaceutical company, Apotex, has used Axway's SaaS solution for over a year and half. According to Michael Davidson, CIO at Apotex, "With Axway's outsourced solutions for regulatory compliance, we are enjoying the benefits of a cost-effective, scalable, secure and reliable infrastructure. By streamlining collaboration with our partners, Axway's solutions and expertise speed our time-to-market, while helping us build long-term business value from these initiatives."

Axway's Synchrony Healthcare Compliance Suite On Demand includes:
-- Synchrony ePedigree - Automates current paper-based processes intended to prevent counterfeiting and safeguard drug supplies.
-- Synchrony Trade Activity Manager (TAM) - Helps companies visualize, analyze and quickly act on order trends and inventory imbalances in real-time.
-- Synchrony Track & Trace - Tracks and traces customizable product movement events such as order, shipment, receipt, check-in and consumption.
-- Synchrony Controlled Substance Ordering System (CSOS) - Delivers cost control, increased security and greater visibility into controlled substance transactions while simultaneously ensuring compliance with Drug Enforcement Administration (DEA) regulations.
-- Synchrony eSubmissions - Improves the accuracy, timeliness and visibility of submissions to regulatory agencies.
-- Synchrony EDI - Structures information that is to be electronically exchanged between and within businesses, organizations, government entities and other groups.

For more information on Synchrony Healthcare Compliance Suite On Demand, please visit: http://www.axway.com/healthcareondemand

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