Grants management can help organize one of your company’s important undertakings. After all, manufacturer grants are an important function of many life sciences organizations. These grants and donations allow you to share the fruits of your labor - a medication or medical device that can enhance the lives of patients. Some of it is life saving. Some of it is life enhancing. All of it is significant.
As a manufacturer, your company is offering grants to doctors and organizations. Discover what you need to centralize and track these initiatives:Validate Grants
Doctors might request grants from manufacturers to work on a number of projects. For example, continuing medical education or something charitable, such as a product for a medical mission in Africa, fit the bill. But to offer a grant, which is a transfer of value (TOV), the manufacturer must document a need and validate the interaction. A SaaS compliance solution can help you track this process.Centralize External Grant Request Forms Validate Grants
Your company probably has many requests on file. Keeping them all orderly and accessible to appropriate parties is a challenge. A compliance solution can keep the forms centralized. Then, you can easily search and find exactly what you need when you need it. The purpose of centralizing this information is to help you and your staff work more efficiently. Of course, you can also track the review and approval statuses of various grants more easily, too. This can help you plan ahead and stay on top of projects.Tips and Guides
A SaaS solution can even offer a helping hand. It can provide tips and suggestions for requestors to ensure comprehension. Those prompts can help people more accurately and thoroughly complete forms. By cutting to the chase, everyone can work more efficiently.
Anything that keeps your organization more organized can help you and your employees work more efficiently. By having the request forms in one place and knowing exactly what is necessary to get approval the first time around will save time. When you save time, you save money.