EncompaaS

As AI adoption accelerates globally, the potential to unlock new levels of efficiency and competitive advantage is immense. However, this rapid growth comes with significant risks if AI isn't deployed responsibly. In our article, we delve into the core principles of responsible AI, guided by the Microsoft Responsible AI Standard v2. We also showcase how EncompaaS integrates these principles into our platform, empowering organisations to leverage high-quality, de-risked data for greater AI success. Read our insights: https://lnkd.in/dTx5ZSUf #EncompaaS #ResponsibleAI #DataManagement #InformationGovernance #AI

In the pharmaceutical industry, speed to market is crucial for gaining a competitive edge. Yet, manual processes continue to delay manufacturers, preventing them from achieving this goal. Rebate Management is a prime example, where organizations spend countless hours extracting data from rebate contracts. Fortunately, AI can now automate and enhance this process with speed, scale, and accuracy, revealing valuable commercial insights in real-time. In our article, David Gould explores key metrics to unlock value from rebate contracts. Read David’s insights: https://lnkd.in/dvfPMSwc #EncompaaS #AI #RebateManagement #AIinPharma #PharmaTech

We’re proud to announce that EncompaaS has won a Global Tech Awards in the Pharmaceutical Technology category for our revolutionary Rebate Management solution. Our AI-powered solution inspects complex rebate contracts and extracts data with speed, scale and accuracy. This means critical rebate information can be visualized in real-time, performing weeks of tedious manual work in seconds. Thank you Global Tech Awards for this recognition! Read more: https://lnkd.in/d8cGhEzX #EncompaaS #PharmaTech #AIInnovation #Award #RebateManagement

Struggling with Pharmaceutical Rebate Management? 🤔 In 2023, pharmaceutical drug spending hit $722 billion, with rebates representing over 25% of that— that's around a $180 billion business challenge. Effective rebate management is crucial for a company’s bottom line, yet it’s fraught with difficulties. Here are five key challenges rebate managers face and how AI can help: 1. Complexity: Manually navigating diverse contracts is tedious. AI can automate data extraction, saving time. 2. Data Quality: Poorly formatted PDFs and scattered information hinder accuracy. AI enhances data extraction and consolidation. 3. Tedium: The repetitive nature of contract management can lead to burnout. Let AI handle mundane tasks, freeing up your team for strategic work. 4. Scale: Managing thousands of contracts is daunting. AI streamlines analysis, providing scalable solutions. 5. Stakeholder Management: Quick access to contract details is vital. AI ensures real-time data retrieval for informed decision making. At EncompaaS, we leverage AI to transform rebate management, enabling better accuracy and faster insights. What challenges have you faced in rebate management? Share your thoughts in the comments! Learn more at https://lnkd.in/gJMFND4K #RebateManagement #Pharmaceuticals #ArtificialIntelligence #DataQuality #ComplianceManagement #EncompaaS

We are excited to announce a strategic partnership between EncompaaS and filerskeepers to offer comprehensive data compliance solutions. Together, EncompaaS and filerskeepers will combine specialties to help highly regulated organisations effectively manage and protect data across global jurisdictions. As Jesse Todd, our CEO, states, “Our combined solution will enable organisations to reduce costs, eliminate manual records-keeping work, and manage vast amounts of information in a safer, smarter and faster way.” 👉 https://lnkd.in/dKgE-bSV #DataCompliance #InformationManagement #AI #DataGovernance #Partnership #EncompaaS

Are you waiting days or weeks to get critical insights from your rebate contracts? In the fast-paced pharmaceutical industry, every second counts. Rebate management is a complex process, often bogged down by manual data extraction and analysis. But what if you could revolutionize this process with AI-powered data analytics? Imagine reducing the time it takes to visualize important sales and contract data from days or weeks to mere seconds! At EncompaaS, we’re transforming rebate management by automating the extraction of vital contract information, allowing teams to focus on strategic tasks rather than tedious manual processing. Our platform provides real-time visualizations that empower stakeholders to make informed decisions swiftly, preserving profitability and enhancing competitive positioning. Key Benefits of AI in Rebate Management: • Instant Insights: Visualize your current contract position and identify growth opportunities in real time. • Enhanced Decision Making: Access tailored reports and dashboards that present data according to your role, from contract managers to revenue managers. • Increased Efficiency: Eliminate the heavy lifting of manual data processing, allowing your teams to nurture vendor relationships and proactively manage contract renewals. Are you ready to supercharge your rebate management process? Share your experiences or thoughts in the comments below! Read more: https://lnkd.in/eFzv2wuU #DataVisualization #RebateManagement #PharmaceuticalIndustry #AIAnalytics #EncompaaS

🌟 What an insightful recap from Sean Burgess on Big Data LDN 2024! As a team, we are proud to see how our focus on data quality and governance aligns with the evolving landscape of AI. Sean's observations highlight critical trends that are shaping the future of AI adoption, and we want to amplify these key takeaways: 1. Specificity in AI Use Cases: The emphasis on curating and preparing data for specific applications is spot on. Understanding the context and location of your data is essential for successful AI initiatives. At EncompaaS, we empower organisations to manage their data effectively, ensuring they leverage the right information at the right time. 2. The Importance of Retrieval Augmented Generation (RAG): As Sean noted, out-of-the-box LLMs may not always meet specific business needs. RAG is indeed becoming a game-changer, allowing companies to enhance AI outcomes by integrating tailored information sources. We are excited to see how this approach will drive accuracy and efficiency in AI implementations. 3. Strong Data Foundations are Key: Sean’s emphasis on the need for robust data governance resonates deeply with our mission. Many organisations struggle with data visibility, which can hinder AI progress. At EncompaaS, we are committed to helping businesses establish a solid understanding of their data landscape, paving the way for successful AI adoption. As we look ahead, we are eager to continue supporting our clients in navigating these challenges and unlocking the full potential of AI. Thank you, Sean, for your valuable insights! 👉 https://lnkd.in/deZwRK5S #BigDataLDN #AI #DataQuality #Governance #EncompaaS

🔍 Are you still managing rebate contracts manually? It might be time for a change. In the pharmaceutical manufacturing industry, managing rebate contracts can be a daunting task, fraught with complexities and risks. The sheer volume of contracts and inconsistent formats often lead to inefficiencies and errors that can cost companies dearly. Enter Intelligent Document Processing (#IDP) – a transformative solution that leverages AI to revolutionize rebate management. Here’s how IDP can enhance accuracy and mitigate risk: 1. Unparalleled Accuracy 2. Dramatic Speed Improvements 3. Efficient Risk Management 4. Resource Optimization 5. Enhanced Risk Detection At EncompaaS, we harness the power of IDP to analyze rebate contracts effortlessly, providing real-time insights that connect agreements to business performance. In an industry where precision and compliance are paramount, adopting IDP is not just an opportunity – it’s a necessity. 💬 Have you considered leveraging Intelligent Document Processing in your rebate management? Share your thoughts or experiences in the comments! Learn more at: https://lnkd.in/dqsZgYAJ #IntelligentDocumentProcessing #EncompaaS #RebateManagement #AI #DataAccuracy

🌟 We Need Your Vote! 🌟 We are thrilled to announce that EncompaaS has been nominated for the InnovationAus Awards for Excellence - People's Choice Award! 🎉 This recognition reflects our commitment to delivering an industry-leading platform that empowers businesses to manage their data with confidence. We invite our valued customers and partners to show their support by casting a vote for EncompaaS. Your feedback and trust are what drive us to innovate and excel every day. Voting is simple! Just click the link below to register and cast your vote. Remember, you can only vote once. 🗳️ 👉 Vote for EncompaaS: https://lnkd.in/ge4PbWSX 🕛 Voting closes at 11:59 PM on Friday, 4 October, so don't miss out! Thank you for being a part of our journey. Together, we can continue to unlock the potential of data intelligence! #EncompaaS #InnovationAus #AwardsForExcellence #VoteForUs

🌟 Exciting News! 🌟 We are thrilled to announce that our insights on AI-Powered Data Preparation have been featured in an article by Jesse Todd, CEO at EncompaaS. This piece delves into the critical role that meticulous data preparation plays in unlocking the full potential of #GenAI across organisations. In today's fast-paced digital landscape, the ability to trust AI-generated outputs hinges on the integrity of the data fed into these systems. Our approach emphasises that by leveraging #AI to organise, de-risk, and enhance enterprise data, organisations can confidently deploy AI solutions that drive business objectives and foster innovation. Key highlights from the article include: • The Importance of Data Quality: Poor data management can hinder AI adoption. Our AI-powered solutions ensure high-quality data for reliable outcomes. • Streamlining Document Generation: Automating document creation, such as RFPs, allows teams to focus on strategic initiatives, enhancing efficiency and accuracy. • Metadata Extraction: AI can expedite the identification of crucial information within complex documents, saving time and reducing human error. We invite you to read the full article to explore how AI-powered data preparation can serve as the foundation for successful AI initiatives. 🔗 https://lnkd.in/dYThBYRM #DataPreparation #GenerativeAI #BusinessInnovation #DigitalTransformation #EncompaaS