SOURCE: iMANY

iMANY

October 04, 2011 06:09 ET

Bausch + Lomb Implements the iMANY ContractSphere Platform for Improved Revenue Generation and Compliance

PHILADELPHIA, PA--(Marketwire - Oct 4, 2011) - iMANY, the leading provider of contract performance solutions, announced today that Bausch + Lomb, one of the best-known and most respected healthcare companies in the world -- with businesses including contact lenses and lens care products, ophthalmic surgical devices and instruments, and ophthalmic pharmaceuticals -- has gone live with the first phase of a full suite adoption to the iMANY® ContractSphere® v7 strategic software platform.

"Bausch + Lomb has partnered with iMANY since 1998 to help us manage and automate complex contracts," says Lisa D. Glazer, Director, Contracts, Bausch + Lomb. "Moving to the full suite of ContractSphere software supports our strategic plans for continued growth and success by providing an integrated solution that manages the entire contract lifecycle process, including: contract authoring, rebates and chargebacks, data validation, government pricing, regulatory compliance, and business analytics."

The iMANY ContractSphere offering is a purpose-built platform based on open and modular service-oriented architecture. Leveraging a shared data model and services, best-in-class scalability and performance, high usability and breadth of functionality, the strategic platform allows organizations to meet the rapidly growing and evolving needs of contracting and compliance strategies.

"As an industry leader, Bausch + Lomb understands the long-term value of a strategic platform and the critical importance of planning for future regulatory changes. They will be able to respond to emerging regulations with the ContractSphere application, while remaining agile and flexible with a strategic platform that encapsulates industry best practices," says Al Smith, President and Chief Operating Officer, iMANY.

About iMANY

iMANY, the leading provider of contract performance solutions, helps organizations improve the way they manage complex commercial and government contracting and compliance strategies by aligning actionable information with revenue-based transactions. The iMANY ContractSphere platform, the industry's only integrated solution for contract performance, optimizes the entire contract lifecycle, limits gross-to-net margin erosion and ensures compliance in today's heightened regulatory environment. Hundreds of organizations across 21 industries worldwide, including the top 10 life sciences companies, depend on iMANY to reveal insights that drive more profitable business relationships. For more information, please visit www.imany.com.

Contact Information

  • Press Contact:
    iMANY, Inc.
    Sheila M. Rizzo
    +1.215.344.1973
    Email Contact