Whether the risk is internal in your organization, or within a distant connection through the supply chain, the risks need to be discovered quickly and managed appropriately. With hundreds of corporate integrity agreements costing hundreds of millions of dollars, proactive solutions are essential. Risk assessment across the enterprise is a very significant effort.
The Automation Challenge
Traditional Governance, Risk and Compliance solutions are far too difficult to tailored to the industry specific needs of Life Sciences. Some organizations prefer to employ more staff with ineffective tools such as spreadsheets, to simply get started. This approach is exceptionally labor intensive and error-prone, resulting in great risk and significant costs.
The Solution
Avior has the solution – literally. We developed BenchMark-Life Sciences to meet new and changing needs of Life Sciences companies. The solution is equipped with all of the components needed to run a successful enterprise risk program. Everything from work-flow management and assessments, to audit capabilities are all standard. The solution has all the necessary reports and dashboards to ensure effective management and oversight of the program. Additionally, the solution uses Avior's Benchmark on-demand platform, a Software-as-a-Service (SaaS) approach meaning you acquire results quickly, saving valuable time and effort.
Avior BenchMark is a risk and compliance program management platform that automates the gathering and analysis of risk and compliance data. It increases the effectiveness of staff, and greatly reduces the cost of most all compliance programs by automating workflow and enabling the organization to focus on fixing problems.
Avior’s on-demand subscription can run for the duration of the compliance program, eliminating the time and capital expense of procuring and customizing software. In addition, the solution is built specifically for enterprise risk programs, which provides a cost-effective way to meet your needs. You only pay for what you need, while you need it.
Vendor Risk Management programs with pre-built libraries of assessments, best practice mappings, dashboards, and reports. All aspects of supply chain risk are covered:
- Quality & Status
- Financial
- Scalability
- Regulatory
Product and Organizational Risk programs with proven best practice models. This system is organized so your organization can start in a focused area of need and expand across the entire enterprise. A sample of key sections:
- R&D
- Medical Affairs
- Marketing-Compliance
- Core product
- Pharmacovigilance
- Manufacturing
- Tampering-Counterfeit -Theft
- CQA-Audit
- Issue-Crisis Management
Corporate Integrity Agreements imposed by the Department of Health and Human Services (DHHS). They were created as part of a settlement resulting from Federal health care program investigations arising under a variety of civil statutes. A provider or entity must consent to these obligations in exchange for DHHS’s agreement not exclude the health care provider or entity from participation in Medicare, Medicaid and any other Federal health care programs.
Optimized control sets can easily be configured to meet the needs of any CIA, and mapped directly into specific corporate policies. All the automated assessment and audit capabilities are built directly into the underlying platform. Reports and automated dashboards are configured to show consolidated views of status across the enterprise. From there, any level of detail can be exercised providing actionable information on compliance, risks, and remediation status.


