RADS Grant Keeper®
Automated grant management process with solid evidence of compliance
Grants Keeper automates your grant submission and approval processes, which increases the effectiveness of your grant program while saving your company time and money.
- Configure Grants Keeper precisely to your needs and specifications.
- Full end-to-end grant processing and management through a secure website portal.
- Grant applications, as well as workflows and approval processes, are fully tailorable to client specifications.
- Includes complete and up-to-date database of all health care providers, institutions, and ACCME and state-accredited CME vendors, ensuring accurate data on third parties.
- Manages a limitless number of data types, allowing complete tracking of grant recipient and project-related information.
- Automated routing of grant request materials to predetermined groups (e.g., grant selection committees) for online review and approval.
- Built-in compliance alerts and workflows to enforce legal and company gift and/or grant limits.
- Automated and scheduled follow-up communications with grant recipients to ensure grant agreement compliance.
- Seamless capture and integration of all data into SpendTracker® for aggregate spend compliance.
“To reduce the risks that a grant program is used improperly to induce or reward product purchases or to market product inappropriately, manufacturers should separate their grant making functions from their sales and marketing functions. Effective separation of these functions will help insure [sic] that grant funding is not inappropriately influenced by sales or marketing motivations and that the educational purposes of the grant are legitimate. Manufacturers should establish objective criteria for making grants that do not take into account the volume or value of purchases made by, or anticipated from, the grant recipient and that serve to ensure that the funded activities are bona fide. The manufacturer should have no control over the speaker or content of the educational presentation. Compliance with such procedures should be documented and regularly monitored.”
–OIG Compliance Program Guidance for Pharmaceutical Manufacturers
A proven platform
It’s all based on R-Squared’s proven RADS® platform (“Rapid Application Development System”) — an IT technology designed specifically for efficient deployment of customized compliance applications and tools.
The platform allows R-Squared to quickly design and deploy a compliance tool based on your individual requirements and business processes — while still meeting all the demands of the regulators. All the functionality and capability already exist — it’s just a matter of configuring it to your situation.
Based on Microsoft SharePoint
Grants Keeper leverages the capabilities of Microsoft SharePoint content management technology. The architecture is almost infinitely flexible, and ideally suited to compliance management tools. It even allows you capitalize on any existing investment you have in SharePoint applications.
If your organization already uses SharePoint, it can leverage R-Squared’s patent-pending enhancements to “turbo charge” those deployments. That is, we extended and enhanced SharePoint, so our solutions can be used to increase the power and functionality of other SharePoint uses.
More than Compliance. Driving Business Improvement
With R-Squared platforms, you can mitigate risk and drive business improvement. Clients using our RADS® platform with the Grants Keeper module have realized efficiencies, process improvements and cost savings — noting that it was the first compliance solution to provide a genuine return on investment.
Grants Keeper can easily be integrated into your existing enterprise systems to provide coordination between compliance enforcement and everyday business practice, whether automating payments to physicians based on completed deliverables or simply prompting follow-up on contracts about to expire.
As one client put it, RADS® can change the way in which you do business. Anyone can quickly and easily understand the relationship between the grant arrangements you enter into and your overall business objectives.
The R-Squared Difference
Grants Keeper is always customized for your situation, while maintaining best practices and true internal controls.
With our online electronic documentation, R-Squared can quickly configure a system based on all of your arrangements, approval workflows and reporting needs.
We identify and document your specific needs and requirements surrounding all of your grant arrangements, approval workflows, and reports. Then, the program automatically generates your requirements documentation and system configuration data simultaneously to ensure complete synchronization between the system you want and the system you implement.
Updated as the law changes
We are unique in our industry in that we offer full maintenance for your customized system, as well as provide updates as required by any changes in the law or standard industry guidance.
