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Home Investment

New Jersey-Pune partnership to serve life sciences globally

Fiinews by Fiinews
June 26, 2021
in Investment, Technology
Reading Time: 3 mins read
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Incedo Inc-Aurochs Software

Incedo partners with Aurochs Software for clients in commercial pharma operations.

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Jain wants to unlock new possibilities for cloud capabilities for Aurochs-Incedo

New Jersey’s Incedo Inc and Pune-headquartered Aurochs Software have formed a long-term strategic partnership to provide world class tools and services in the commercial space to clients in life sciences and extend its global reach for new possibilities in cloud capabilities.

“With this partnership, our services will now have global reach, scale and unlock new possibilities for our cloud capabilities in the commercial pharma domain,” Aurochs Software’s Amit Jain, Co-founder & Director of Operations, said in a release on 24 June 2021 from Iselin in New Jersey.

Shashank Arya, Incedo’s Chief Delivery Officer, added, “I am excited to partner with Aurochs Software, so that we can now also bring world class incentive compensation tools to our life sciences clients across geographies.”

The partnership will complement the depth of the Incedo services portfolio and provide tools to meet the growing needs of life sciences clients globally. Aurochs’ flagship tools combined with Incedo’s deep life sciences data and business expertise will provide the necessary support to clients in the life sciences commercial space.

Incedo will support global implementations of Aurochs flagship Incentive Compensation Solution suite and will also provide clients support to manage their ongoing operations, analytics and reporting needs. This partnership will help clients evolve the way they manage their sales incentives and deliver end-to-end automation without compromising on flexibility, timeliness and quality of incentive pay-outs.

Aurochs cloud native platforms complement Incedo’s extensive cloud practice with deep Amazon Web Services and Microsoft Azure partnerships which aid implementation in a client’s cloud environments.

The Incedo and Aurochs teams are led by life sciences commercial operations leaders with decades of extensive consulting experience working with commercial organizations of leading companies.

Aurochs comprehensive solution suite consists of cloud platforms that support the entire sales incentive process flow:

• Incentive Manager: Calculation engine with an intuitive interface, standard IC plan components, metrics, data structures, quality, approval and auditing framework, modelling capability, multi-country deployments with cross-country reporting;

• Field Engagement Manager: Multi-device compatible web reporting platform out-of-the-box performance report, “what-if” calculator, internationalization, integrated acknowledgment, approval, operational workflows, distribution and communication boards;

• Quota Manager: Quota/goal setting tool with built-in quota setting methodologies using sales and non-sales based parameters and consultative workflow with test territory-product level goals using out-of-the-box analytics and visualizations;

• MBO Manager: Integrated self-service module to set, track rate and approve non-sales based subjective KPIs based on guard rails with built-in discussion and commenting capability;

• IC Health Tracker: Plan fairness audit tool to perform assessment of IC plans using descriptive summary statistics, visualizations, industry standard performance indicators;

• Roster Manager: Manage sales personnel, territories, alignments including flexible work arrangements, temporary assignments, terminations and leave tracking.

Incedo is a US based digital transformation consulting, data science and analytics, and technology services and solutions firm. It helps clients achieve competitive advantage through End-to-End Digital Transformation and work across Financial Services, Telecom, Life Science and Healthcare and Product Engineering sectors. “Our uniqueness lies in bringing together strong engineering, data science and design capabilities with deep domain understanding, and blurring the boundaries between services and products to maximize business impact from emerging technologies,” said Incedo.

Incedo has over 2,500 professionals across 7 offices in the US, Canada and India with a focus on Pharmaceutical data management, reporting, analytics and data science capabilities combined with strong AWS and Microsoft Azure partnerships. Incedo is an AWS Advance consulting partner with Migration competency and a Microsoft Azure Gold partner.

Aurochs is a new age company that provides cloud platforms, information management solutions and advanced analytics services specifically for the life sciences industry. Aurochs’ flagship IC Solution Suite is a comprehensive suite with the capability to manage different needs of incentive program management from setting sales targets/quotas, managing non-sales objectives, calculating field sales incentives, providing access to sales and pay-out performance, engaging salesforce and proactively performing post hoc IC plan analytics for timely actions. It has more than 50 employees all based out of Pune, already serving global clients in the US and Europe. #technology #cloud #investment #partnership /fiinews.com

Tags: Aurochs SoftwareIncedo Inc
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