Effectively Manage Risk, Fraud and Compliance with Intelligent Processes

The Challenge: Life sciences companies must carefully manage risk, fraud and regulatory compliance as requirements have become more stringent and penalties for noncompliance more severe. For these companies, solutions that provide control, transparency and the flexibility to respond instantly to time-sensitive risks are now an imperative.

With Pegasystems, you can easily capture and codify your company’s risk, fraud and compliance best practices into intelligent processes that can be applied consistently across the organization. Because Pega solutions makes the interplay of business policies and procedures automatic, you can rapidly introduce new regulations and have them immediately applied to affected areas in day-to-day operations, actions and decisions. Intent-driven processes consistently guide users or transactions through compliant processes – down to the use of approved language, timing and notification.

• Increase policy enforcement. Leverage intent-driven processes that guide users and automate critical work steps so that privacy and compliance requirements are followed consistently and correctly.
• Appropriately restrict access. Provide the appropriate view of data to each user based on their roles and needs.
• Improve risk management. Use predictive analytics to simulate what-if scenarios and understand the impact of strategies for mitigating risk on your business and your customers.
• Increase compliance at lower cost. Simplify and streamline compliance reporting with Pega’s self-documenting solutions that maintain a complete audit trail along with all of the rules and processes that were applied to a task. Take advantage of flexible reporting that provides real-time operational dashboards, historical trend analysis and regulatory reporting specialization.