Pharmaceutical Risk Management Software

Connect risks across silos and reduce Total Cost of Risk

Pharmaceutical companies face complex risks in clinical trials, drug approval, quality control, supply chain, and global commercial practices. In order to manage risk effectively in a highly regulated industry, pharmaceutical companies need a data-driven, action-oriented approach.

Data is often siloed in different systems, which causes inefficient and inaccurate reporting and analysis. With AI-powered analytics, risk professionals can integrate data from internal and external sources in a unified solution while connecting risk mitigation activities across the business.

Make informed, timely decisions.

Take action based on factual data and remove your personal bias.

Identify hidden opportunities.

Find ways to reduce costs and modify coverage by asking simple questions.

Shine a light on problem areas.

Identify root cause(s) through data-driven, interactive analysis of key contributing factors.

Build and support your strategy.

Gather the data you need to build consensus and support for your risk and insurance objectives.

Deploy resources and measure results.

Deliver metrics, data, and insights to allocate resources to improve your returns.

Reduce risk of lost records, incomplete items, and overdue tasks.

Track certificates of insurance and T85 protocol documents electronically in a single database.

Increase resource utilization and collaboration.

Automate workflow processes and provide secure access to related information across multiple protocols, sites, studies, teams, and trials.

Improve efficiency and maintain compliance with local authorities.

Reduce the time your clinical managers and risk management personnel need to secure clinical trial certificates and policies.

Expedite the processing of insurance certificates.

Reduce the number of days between requesting and receiving the certificate of insurance evidencing local clinical trial coverage.

Enhance data management and analysis.

Give an immediate understanding of trials being undertaken and the extent of the exposure.

Standardize processes and empower risk management.

Enable risk management to control the distribution of information without the need to be directly involved in each transaction.

Capitalise on the Strategic Value of Data

The right software solution for risk management not only aggregates risk, insurance, and EH&S data but also supports your risk strategy and improves performance with effective governance and risk ownership.

As today’s risk environment changes to encompass a diverse, critical range of enterprise and large-scale risks, no risk manager can afford to be without powerful risk-focused technology.

Ventiv enhances and simplifies the evaluation, mitigation, and monitoring of risk with powerful analytics, business intelligence, and reporting capabilities.

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Your Role

Your Business

Our Solutions

Pharmaceutical Risk Management Software

Connect risks across silos and reduce Total Cost of Risk

Make data-driven decisions with advanced risk analytics

Accelerate clinical trials by automating insurance certificate issuance

Technology Innovation of the Year

Integrated risk management solutions designed for pharmaceutical professionals

Incident Management

Claims Management

Exposure & Asset Management

Insurance Renewal Data Automation

Risk Engineering and Property Loss Control

Cost Allocation & Calculation

Policy & Programme Management

ERM

Safety Management

Capitalise on the Strategic Value of Data

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With Ventiv Patient Safety, we have all of our claims and incident data in one system, and we can better understand event trends and drivers with advanced analytics and reporting.

One of the key benefits we get from Ventiv is enhanced efficiency. It allows our adjusters to navigate easily through the different components of the claim and put more focus on getting an optimal outcome for the injured worker.

We have more than ten-year relationship with Ventiv. There’s a really strong level of trust in our relationship, which gives us confidence that the team at Ventiv is advising us based on their experience with us and knowing what we need and why.

Working with an experienced provider like Ventiv Technology is an important precondition of achieving our goals and furthering the mission of the County of Los Angeles.

Having the Ventiv team’s guidance was such a great benefit for HPIC. There were many times we turned to Ventiv to ask what other Ventiv clients in our line of work were doing; access to best practices is something we really appreciated.

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