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RxElite
Integrated Ross Solution Allows RxElite to Slash Chargeback Processing Time from Days to Minutes and Enable Rapid Growth
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Customer Snapshot
Challenges
- Chargeback claims range up to 5% of gross sales
- Due to fast growth, Rx Elite need to improve chargeback management
- Manually process of chargebacks was error prone and costly
- Increased pressure from wholesalers to process chargebacks electronically
- Plans to go public increases need to implement system designed for pharma industry
- Needed an ERP system with integration to chargeback solution
- Typical costs of separate ERP and chargeback systems exceeded $1M
Results
- Implemented full suite of CDC Software solutions in 90 days saving hundreds of thousands of dollars and 9 months of implementation time
- Reduce time to review chargebacks from days to a few minutes
- Minimized risks of overpayment on chargeback submissions
- Increased accuracy of chargeback data has improved customer relationships
- Decrease in overall costs
- Pursuit of new business opportunities is now possible through improved chargeback management