It’s no secret that pharmaceutical and biotech organizations must adapt and harness new technologies in order to stay competitive in the market and comply with regulations.

IT Process Automation (ITPA) is an approach to streamline IT operations through automated workflows. An analysis conducted by McKinsey at two financial services organizations revealed that a staggering 90% of IT departments were focused on inefficient and manual tasks such as testing, code-fixing, and maintenance. ITPA automates these kinds of inefficient, repetitive, and manual IT processes to improve operational efficiency and eliminate costly human errors.

During the course of our relationship with customers, there is usually a point that constitutes the "a-ha" moment. It is at that time they realize the importance of workflow in standing up an automation initiative.  While few dispute the need for workflow, it usually requires seeing workflow ‘in action’ (and understanding the resulting benefits) before people recognize that workflow is important and is more than just a tool for process efficiency.

The average cost of developing a drug is $2.6 Billion and rising, with a 12% success rate¹.  As pharma companies look to 2021 and beyond, the Medical Affairs, Commercial and Regulatory affairs teams will be collaborating more closely amongst themselves and with third parties to accelerate new product launches while navigating burgeoning compliance requirements.  What role can technology play?  In this blogpost we explore how low-code software platforms can enable a competitive advantage learning from the experience of one of the largest Pharmaceutical companies in the world.  

Keeping enrollments up is mission critical to institutional leaders in higher ed and increasingly so as balancing budgets have become more difficult amidst funding uncertainty with Covid-19. However, as every VP of Enrollment knows, keeping enrollment levels high isn’t something they can manage without collaboration across departments.

A survey of 350 HR leaders in the U.S. found that 76 percent of respondents’ workplaces1 are not effectively onboarding their new hires. A delayed or uncoordinated onboarding can result in lost productivity, low employee morale and, in extreme cases, unplanned attrition. Similarly, missing key steps in offboarding can increase your compliance, litigation and reputation risk.