iMANY MASTER DATA MANAGER
What does iMANY Master Data Manager do?
iMANY Master Data Manager (MDM) is designed to act as the foundation for iMANY ContractSphere®. MDM allows manufacturers to manage one system of record for solutions, pricing, customers, membership, and formulary for all contract-related solutions.
Why is iMANY Master Data Manager important?
iMANY Master Data Manager eliminates redundant data driving ongoing operational savings and long-term investment protection.
For whom is iMANY Master Data Manager designed?
iMANY Master Data Manager is designed for Life Sciences, Food Service, Government Contractors and other industries membership administrators, pricing administrators, and contract administrators.
KEY BENEFITS
Centralized system of record for key contract management data
iMANY Master Data Manager is the system of record for all critical commercial and government contracting and compliance related information, typically not found in an organization’s ERP system master of trading partners, products and pricing data.
Manage membership hierarchies at the nth level
Contract Organizations (the trading partner that owns the contracts) can have multiple levels of membership for their members that change on a frequent basis. The membership function in iMANY Master Data Manager provides the ability to store the hierarchy and track changes in membership over the life of the contracts.
Store and manage key contracting related pricing types
iMANY Master Data Manager stores and maintain pricing basis types, usage values, and other calculation types (BP, AMP) that are critical to the contracting process.
Store and manage formularies and formulary history
Formularies are a critical part of a contracting system. iMANY Master Data Manager stores and manages formularies in the contracting system of record, driving confidence in formulary based evaluations during rebate calculation process.
KEY FEATURES
N-tier membership hierarchies
Store membership in multiple tiers enabling contracting at any level and measure and reward performance anywhere between the Contract Entity and the “street level” plans.
Product hierarchy
Define solution hierarchies at any level provides the flexibility to manage contracts at any solution level.
Formulary management
Manage, evaluate, and report on mission-critical formulary data. Having formularies in the system minimizes time spent tracking and viewing formulary information from disparate data sources.
National market share usage
Import the raw solution data from third-party providers and leverage iMANY CARS to calculate the national market share.
KEY CAPABILITIES
Membership Hierarchy
Store and track membership hierarchy over the life of a contract. Membership and participation dates effectively manage “cherry picking.”
Membership Moves
Quickly and efficiently move members from one organization to another.
Product Hierarchies
Define product hierarchies to their product structure enabling utilization in contracting and reporting process.
Formulary Attributes
Track and contract against critical formulary attributes including benefit design, price category, quantity limits, prior authorization, and mandatory generic substitution.
Formulary Import
Import formulary data into the system in a customer-defined format or industry-standard NCPDP format.
myFields™
Add customized fields to the system that persist in the iMANY Data Mart and are available for reporting and analytics.
Pricing Repository
Import or manually enter solution price lists.
Seamless Integration
Centralized master data repository that provides common Products, Customers, and Pricing information across the iMANY ContractSphere solutions
