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Company description

Qordata is a compliance software company that has served life sciences organizations since 2009 (operating for over 10 years). The company develops AI-driven compliance solutions designed specifically for commercial compliance in life sciences, covering expense auditing, HCP engagement governance, spend transparency reporting, and centralized risk management. Qordata's solutions are built exclusively for life sciences risk environments rather than adapted from generic compliance software, and the company reports a Net Promoter Score of over 70% across its client base. Its team comprises more than 100 professionals working across four time zones.

Qordata's stated purpose is to serve compliance teams by applying AI and data analytics to increase the effectiveness and efficiency of compliance programs, with an emphasis on continuous monitoring, full-data auditing, and built-in compliance logic rather than periodic reviews or sampled audits.

Expense Monitoring and Auditing Solution (EMA)

• Uses AI and automation to analyze 100% of expense data — every transaction, every receipt, and every submission — rather than auditing only a sample of expense reports.
• Automates audits and detects fraud, errors, and policy violations across an organization.
• Includes an AI-powered assistant that provides instant insights, summaries, and answers to help reviewers focus on the most significant issues.
• Designed to give compliance teams a complete picture of expense compliance rather than a partial view.

Compliance Central

• Functions as a centralized, AI-driven command center for compliance risk detection and remediation.
• Addresses common compliance blind spots caused by limited visibility, reactive risk identification, and siloed systems.
• Unifies fragmented data and disconnected systems to reduce risk exposure and enable more proactive compliance management.

HCP Engagement Management (Engage Agent)

• Manages the full lifecycle of healthcare professional (HCP) engagements, from initial planning and approvals through contracting, documentation capture, and payment reconciliation.
• Addresses fair market value (FMV) risk, documentation burden, payment tracking, and approval scrutiny associated with each HCP interaction.
• Embeds governance controls and policy guardrails into every step of the engagement process.
• Centralizes engagement data to ensure each interaction is structured, traceable, and audit-defensible.

Spend Transparency Reporting

• Aggregates HCP payments using AI to support 100% transparency reporting with a stated accuracy rate of 99.9% via AI reconciliation.
• Covers full-cycle automation including data collection, validation, and jurisdiction-specific filing.
• Supports reporting standards including Open Payments, EFPIA, and other worldwide standards.
• Provides live spend transparency dashboards.
• Anticipates reporting gaps and formats reports to meet submission requirements, replacing manual spreadsheet-based processes.

Core Platform Characteristics

• Continuous monitoring rather than periodic reviews.
• Full expense report audits rather than sampled audits.
• Built-in compliance logic specific to life sciences rather than generic configurable workflows.
• AI-enhanced insights intended to demonstrate compliance program effectiveness to stakeholders.
• Designed specifically for the risk environment of life sciences commercial compliance.

Qordata serves a range of life sciences clients and positions itself as a long-term compliance partner rather than a general-purpose software vendor. The company's solutions are oriented toward giving compliance teams greater confidence and visibility across their programs through AI-driven automation and centralized data management.

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Software attributed to qordata

• Transparency Reporting SolutionView
• Compliance CentralView
• EMAView
• HCP EngageView
• Compliance InsightsView

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