Potomac River Partners delivers strategic and tactical support for every stage of transparency reporting. As a pioneer in aggregate spend consulting, we have supported more than 50 life sciences companies in launching, optimizing, and maintaining reporting systems since 2006. Our expertise has evolved alongside the transparency movement, from early U.S. state reporting requirements to today’s complex global reporting landscape.
We provide practical solutions that reduce the burden of transparency reporting while ensuring accuracy and regulatory alignment. Our team develops documentation, processes, and systems tailored to your organization’s needs. Whether you are implementing a new transparency program or enhancing an existing one, we offer proven solutions that help life sciences organizations meet reporting standards with confidence.
“Consistent, capable, and trusted.”
– Director, Legal & Compliance
We offer full service transparency support for companies looking to minimize the resource burden of a transparency program. Our team can apply our own processes and tools or use your existing systems to assist with transparency reporting.
Having accurate documentation about business decisions and processes is essential to maintaining a robust transparency program. We help companies develop concise business rules or assumptions documents, system overview and functionality manuals, Standard Operating Procedures, and work instructions to provide clarity around your transparency program.
The best transparency systems are only as good as the data being entered by your employees and third-party vendors. To assist with effectively communicating across your organization, Potomac provides a range of change management and training solutions including FAQs, quick reference cards, and brochures. Potomac also offers training courses on global, US, and state and local laws; specific source systems; and third-party requirements for vendors and CROs.
Our experienced, detail-oriented team can quickly detect unusual patterns in your data and recommend potential process or system improvements. We can provide outlier checks and selected deep dive analysis, source system audits, reconciliations, receipt review, SOPs on data certification and review processes, and interactive data visualization and dashboards.