SpendMate

SpendMate, developed by Cresen Solutions, is a global transparency reporting and spend analytics platform purpose-built for healthcare compliance teams. It streamlines the end-to-end business process of transparency reporting by consolidating spending data from finance, CRM, events, and third-party systems into a centralized environment. Cost-effective and highly scalable, SpendMate is designed to grow alongside companies as they expand into new markets and face evolving regulatory requirements.

The platform simplifies data aggregation, validation, matching, and disclosure across a wide range of regulatory frameworks, including U.S. Open Payments (CMS), EFPIA Disclosure Code, MedTech Europe, Loi Bertrand, and emerging LATAM and APAC regulations. By improving reporting accuracy and reducing manual intervention, SpendMate helps both local and global compliance teams maintain proactive financial accountability and gain deeper insight into HCP and HCO spend patterns.

Supported Regulatory Frameworks and Country Reports

• U.S. Centers for Medicare & Medicaid Services (CMS) Open Payments reports
• EFPIA Disclosure Code reports
• European Local Law country-specific reports
• Patient Organization (PO) reports
• Country-specific reports for Brazil, France, Australia, Mexico, and Colombia
• Support for emerging LATAM and APAC regulatory requirements

Key Features and Capabilities

• Centralized data consolidation from finance, CRM, events, and third-party systems
• Configurable validation rules and automated Fair Market Value (FMV) checks
• Audit-ready data mapping to support regulatory submissions
• User-friendly interface driven by a configurable business logic engine
• Ability to add or remove attributes and business rules at any time without impacting legacy data
• Multi-currency report generation to support global operations
• Ability to save and access generated reports directly within the application
• Extensive audit trail capability, including archiving of who generated each report, when it was generated, and what input parameters were used

Automatic Data Matching

• Partnership with Veeva Open Data for customer reference data matching
• Integration capability with other third-party vendors that maintain customer reference data
• Configurable automatic matching of customer profiles based on unique identifiers such as NPI numbers or other local identifiers

Simplified Reporting Process

• Flexible and scalable architecture designed to meet the compliance demands of external regulatory entities
• Configurable business logic engine allows teams to adapt reporting rules without disrupting historical data
• Reduces manual intervention and improves overall reporting accuracy
• Supports both local country teams and global compliance functions within a single platform

Cresen Solutions also publishes a quarterly Transparency Digest, providing clients with a comprehensive reference report detailing the latest compliance regulations from around the globe. This ongoing resource helps organizations stay informed of regulatory changes across all markets in which they operate.