Looking towards the future: The potential of technology in the pharmaceutical industry
Adherence to regulatory and ethical standards is critical in the pharmaceutical industry....
READ MOREIn the digital era, moving towards a paperless organization has many benefits. Not only does it give you an advantage over your competitors, but it also makes the internal processes simpler to navigate.
All organizations are dealing with huge amounts of data and documentation, but the problem is even more pronounced in the pharmaceutical industry because of regulatory oversight. Documentation is generated both with internal processes and external collaboration. Much of this needs to be generated in paper format but can be processed and stored electronically. Other paperwork can totally be removed by logging it electronically directly.
So, what are the benefits of shifting from paper to electronic format?
Well for one, it is definitely easier to store data electronically. The other is that accessing this data is also quicker in a digital format. Lastly, digital comes with inherent time stamping, which is crucial for audit purposes.
With so many benefits to gain, the industry should look at ways to leverage this to its advantage. How can this be done? Let’s find out.
Documents are generated at almost every step of the pharmaceutical enterprise management such as clinical trials, drug development, manufacturing, supply chain management, warehouse management, compliance management, training etc. Physical storage of this magnitude comes with a high cost of storage. Moreover, failure to appropriately manage this voluminous data can pose a compliance risk.
On the other hand, a well-managed information flow, electronic time-stamped logs, and centralized view leads to better efficiencies, greater adherence to quality, and quicker response to internal or external queries.
Organizations need to deploy resources to keep these documents filed in a systematic manner while ensuring that these are available whenever needed for audit and compliance purposes. All significant events and interventions must be maintained in a clear and error-free manner. In addition, the information must be stored securely so that unauthorized users cannot access the sensitive information.
While all this can be a mammoth task when done manually, it is much simpler and easier through the use of technology.
Here are some digital solutions to get started toward a paperless office:
So, are you ready to ready to go digital? Contact our experts.
Adherence to regulatory and ethical standards is critical in the pharmaceutical industry....
READ MOREAdherence to regulatory and ethical standards is critical in the pharmaceutical industry....
READ MOREAdherence to regulatory and ethical standards is critical in the pharmaceutical industry....
READ MOREAdherence to regulatory and ethical standards is critical in the pharmaceutical industry....
READ MORE