Compliance Insights

Compliance Insights is an advanced data analytics solution from qordata designed for compliance teams in the life sciences industry. It enables users to analyze open payments data and internal compliance datasets to generate actionable insights for monitoring, benchmarking, and reporting purposes.

The platform is built on a foundation of data integration and analytics, providing deep visibility into compliance datasets. Teams can create custom dashboards using both industry-wide and internal data, and extract information suitable for Compliance Committee reporting.

Core Capabilities for Compliance Teams

• Utilize industry-wide data and built-in tools for competitive analysis and benchmarking against industry peers
• Access pre-submission dashboards to compare current spend data with prior years before submitting to CMS
• Analyze extensive datasets to identify compliance trends and patterns
• Spot outliers and irregular transactions within spend data
• Track and benchmark spend across disciplines such as speaker programs and HCP meals
• Extract and deliver compliance data for Compliance Committee reporting
• Build custom dashboards using a combination of industry and internal data

Industry Insights and Benchmarking Features

• An executive dashboard provides a high-level overview of compliance data
• Competitor analysis tools support detailed benchmarking against industry peers
• Outlier detection functionality helps identify irregular transactions quickly
• A drug dashboard allows users to analyze spending broken down by specific drugs
• Industry ranking tools allow organizations to compare their position relative to the broader industry

Compliance Insights is offered by qordata and is oriented toward life sciences organizations subject to CMS open payments reporting requirements. The platform supports both pre-submission review workflows and ongoing compliance monitoring through its analytics and dashboard capabilities.