What are the goals of community pharmacy bi?

What are the goals of community pharmacy bi?

The obvious answer to this question are Business Intelligence (BI) tools or Data Analytics for pharmacy. The reason they are not yet widely implemented is that they are very expensive, the lead time to implement them is long, they consume valuable management time in development and implementation, and like many large complex projects, they fail. There has been a tendency in other business sectors to build their own BI solutions, but due to the complexity and cost, there has already been a tendency to outsource. The Covid-19 pandemic inevitably accelerated this shift. We expect large pharmacy groups around the world to outsource to their more complex IT needs.

What will Real World Analytics help you with?

Cloud-based business intelligence provided by an expert third party has technical and business expertise in pharmacy to provide a better solution than an in-house solution. A small percentage of claims that are not paid or delayed cost a lot of money and tied up cash unnecessarily. Pharmacy teams need to be streamlined to deliver the highest level of service as the old distribution-based commercial model will no longer work. The right information in the right format for the right person at the right time keeps your business running smoothly. Real World Analytics has already built a report package for CEO, CFO, Superintendent Pharmacist, Area Managers, Pharmacy Managers and those who take care of stocks and purchases. Our company recently underwent a due diligence process by a multi-billion pound company. It took over 3 months, and the norm for this company is 6-8 months. This means you can fully trust Real World Analytics.