Princeton, NJ – August 7, 2009 – R-Squared, an industry leader in evidence-based compliance solutions, announced today that its RADS® compliance platform has been selected by one of the world’s largest medical device manufacturers to facilitate and evidence compliance with the myriad of complex and evolving legal and operational requirements.  R-Squared was selected after a comprehensive vendor selection process, wherein technical, functional, and substantive scorecards were used to evaluate the power, flexibility, and interoperability of available software offerings, as well as industry knowledge and experience.

The powerful and flexible RADS® compliance platform, and specifically its integrated Arrangements Keeper®, SpendTracker®, and CIMS^SM modules, will be used to automate and centrally manage HCP data, consulting needs assessments, HCP agreements, grant processes, clinical investigator financial disclosure, promotional monitoring, and global aggregate spend tracking and reporting.  Using R-Squared’s patent-pending data management capabilities, this solution will afford the company with limitless interconnectivity of data across its systems, one-click generation of required state (and soon federal) marketing spend reports, and best-in-class internal  controls over key compliance areas. 

“They’re a global leader in the medical device industry and a company genuinely committed to the highest legal and ethical standards,” said Michael Bell, President of R-Squared.  “In light of the eight month review period, the bidding by multiple vendors, and a highly willing and capable IT department, we could not be more pleased to come out on top.  We were told that our compliance solutions met with tremendous approval by their multi-disciplinary selection team, all of whom had very high and exacting standards,” he continued.  “It is a true testament to power and flexibility of, and our proprietary compliance extensions to, the Microsoft Windows SharePoint platform,” explained Bell.  “We have created the most comprehensive, fully integrated, interoperable, and affordable solution for managing both corporate compliance functions and aggregate spend.”