Upload
aurochs
View
63
Download
0
Tags:
Embed Size (px)
DESCRIPTION
Aurochs Software is a sales compensation solution specifically targeted at small and medium pharmaceutical companies. A pharma-ready, web-based solution designed to be highly intuitive and easy to use, it comes armed with a robust quality and auditing framework empowering our clients to manage the sales compensation function in-house.
Citation preview
www.aurochssoftware.com
Aurochs SoftwareCapability Presentation
Industry & Client Outlook
Industry
OutlookSeveral pharma/biotech companies with a few commercialized products exist today
Imposed rebates, discounts and growing cost strain on payers will lead to increased cost pressures
Lack of cost effective incentive compensation management solutions
There are no sales compensation softwares that are specifically aimed at the pharma industry and it’s unique challenges
Use of spreadsheets for sales compensation management causing significant rework and quality issues
Potential
Client
Outlook
Small and medium sized companies with relatively less revenues but need for analytics
Looking for proactive ways to streamline sales operations process without compromising on quality
Wants capability to communicate timely sales performance updates to the field for motivation
Prefer to develop in-house expertise
Looking for easy data access to answer field queries and support adhoc analysis requests
Quality
Input validation is cumbersomeOutput issue detection is difficult
Lack of efficient summarization
Timeliness
Processing time is lengthyOutput delays are commonField motivation issues
Change Management
Slower implementationPoor audit tracking
Non intuitive process workflow
Access
Data is inaccessibleVersioning issuesResponsiveness to field queries is slow
Concerns with existing sales compensation management systems
Results in higher shadow accounting opportunity cost, dispute resolution time, attrition rate,
administration cost and impacts the response time to market events
Introducing Aurochs –Sales Compensation Management Software
Simple
In-browser
Standard plan
components
Intuitive work flow
Standard input
and output layouts
Easy to manage
changes
Fast
Quicker turn
around time
Reduced
validation time
Faster
implementation
of changes
Accurate
Configurable
pre-built QA
Standard quality
checks
Descriptive
summaries for
inputs and
outputs
Value Proposition
Lower total cost of
ownership
Multiple pricing
models to support
different sizes of the
sales organization
Month to month and
Annual billing options
Standard industry
nomenclature
Intuitive
configuration
Role based access
control
Audit tracking
Detailed training
document
Standard plan
components
Standard
dashboards/reports
Adjustments /
overrides
Business use case
document
Configurable QA
Input validations &
descriptive summary
Output validations
and insights
Secure Cloud
deployment
Multi-instance data
isolation
Free seamless
upgrades
Quarterly
development
roadmap
Industry Focused
Development
Cost Effective
Self Managed
Pharma Ready
Quality Framework
Secure Architecture
Compliance• Role / plan level
access control• Change and
processing audit• Adjustments history• Payouts history
Reporting• Data, measures,
earnings & payments detailed validations and summary statistics
• Territory-component earnings detail
• Rep-territory payout summary
• Rep payout summary
Data• Series data for
product and market sales and goals
• Eligibility• Rep roster• Five level hierarchy• MBO• Geography
mapping• Master list
definition of key dimensions
• Team• Product• Channel• Data type
Exceptions• Custom geography-
component level weights
• Custom rank groups• Adjustments – sales,
goals, payout• Distinct plan
measurement period and payout frequency
• Earnings true-up
• Intermediate payout cap
• HR Exceptions• New hire • PIP• Resignation • Termination
• Configurable calculation result rounding
Plan Components• Measure definition for
each product at desired channel-data type combination
• Measures – Volume growth, share, share change, achievement based, rank based, territory level MBO, average earnings % and more.
• Earnings – curve lookup, matrix, commission
• Earnings multipliers based on performance of higher hierarchical levels to manage compensation budgets
• Global payout tables• Configurable
thresholds for outliers
Pharma Ready
Custom built for the pharma industry, standard sales compensation plan components, metrics, data structures and functional requirements.
Business insightsConfigurable thresholds for sales restatements, performance outliersVisual dashboards - Top/Bottom performers, Data trends, Performance Distribution, Key statistics, Plan effectiveness metrics
Referential integrityData integrity against key dimensions master list, cross-input integrity checks, Output integrity against key inputs
Constraint checksRange checks for data values, field length checks, Valid value lists, month-over-month output variations
Data ValidationNulls, duplicates
Quality Framework
Insightful reportingSummary dashboards for input & output data assessmentDetailed multi level output reporting
Intuitive ConfigurationReadily available standard plan measures and earning componentsIn-built detailed validations
Fine-grained Access ControlTeam level access isolationAudit tracking for compliance and risk management
Comprehensive SupportAutomated job status notificationDetailed training and FAQ documents
Self Managed
A buffet of design components for plan setup, an intuitive operational cockpit for ongoing management and a one-stop admin dashboard for access control and audit
Secure Architecture
Secure Interfaces
Product Development
Data Security
• 256 bit SSL• Secure VPC
Deployment• Amazon Security
Certified Cloud hosted
• Agile product releases
• Free seamless upgrades
• Industry focused feature roadmap
• Multi-instance data isolation
• Business Continuity considerations
• Audit Tracking for compliance and risk mitigation
Enterprise• Greater than 1000 payees• 5 year payout and plan on-instance history
Mature• 500-1000 payees• 5 year payout and plan on-instance history
Growth• 200-500 payees• 5 year payout and plan on-instance history
Starter• Less than 200 payees• 3 year payout and plan on-instance history
Cost-effective Pricing
Flat per instance pricing instead of standard price-per-payee model all-inclusive. Simple month-to-month or annual billing
Technical Specifications
Solution & Hosting
• Multi-instance architecture
• Python based webapp
• Java based processing engine
• MySQL database
• Amazon cloud hosted
Browser Support
• Google Chrome
• Firefox
• Mobile optimized for iPad use
File Format Support
• Text delimited file
• Comma separated as default
• Delimiter can be configured during system provisioning
Configuration
Master dimensions
management
Plan definition
Measure, earning
and multiplier
configuration
System Workflow
Operations
Input file
management
Plan processing
Input and output
summary
Payments and
history
management
Admin
User and access
control management
DataMonth
management
Input field
management
Functional Support Structure
Functional Support
• Assigned support analyst
• Available over phone, IM, email, skype
Documentation
• Detailed training documentation
• Features and Business Use Cases
• FAQs to support other user access queries
Configuration and QA Support*
• Trained resources to support ongoing maintenance
• Additional support to help with other adhoc requests and process / data management
* Cost will be in addition to Software Product Billings
Management Team
10+ years of varied experience including consulting,
process management, product design and development
and sales compensation analysis, reporting
[email protected]; LinkedIn Profile
10+ years of varied experience working with global
consulting firms such as ZS Associates and Synygy in
healthcare domain especially in sales force performance
management
[email protected]; LinkedIn Profile
10+ years of varied experience including process
management, and sales compensation analysis,
reporting
[email protected]; LinkedIn Profile