IQVIA Grants & Funding Management is an end-to-end SaaS solution that manages global funding requests for medical education, charitable donations, sponsorships and other grant types.
A key component of being able to speak to the value of IME is the overarching grants program strategy. Defining and documenting a strategic plan requires careful thought and consideration given to identifying medical areas of interest and unmet need, optimal program types for delivering the content, the correct intended audience to receive the information, appropriate geographic region(s), accredited or non-accredited status, and more. Having an agreed-upon grant program strategy makes it easier to demonstrate the grants program’s purpose and benefits to the various stakeholders. Its creation requires that companies consider the “why” behind the decisions to include or exclude certain criteria in the strategic plan.
Internal stakeholders view the grants process through different lenses. Key points, perspectives, and recommendations are summarized below.
Using technology and data-driven insights can help with demonstrating the impact of your grants program. This is essential to gaining continued support from key stakeholders. A technology platform purpose-built for life sciences, with embedded compliance and streamlined workflows, can help accelerate funding, improve efficiency, and provide visibility across the full suite of funding programs. Pharma companies should look for a technology solution that is open and flexible and can provide more complex outcomes reporting and analytics dashboards for easy consumption of insights. At the same time, technology needs to support standardization and increased collaboration across regions and countries. Keep these factors in mind while choosing a solution that simplifies compliance, improves efficiency and program effectiveness, and helps grants professionals communicate with stakeholders today.
View all posts on this five-part Grants Program Management blog series or download them as an eBook here.
Blog #2. Measuring Outcomes
Blog #3. Adapting to Globalization
Blog #4. Capturing and aggregating program data
Blog #5. Operational Program Management
IQVIA Grants & Funding Management is an end-to-end SaaS solution that manages global funding requests for medical education, charitable donations, sponsorships and other grant types.
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