Business Imperatives

  • A leading EU-based multinational consumer & healthcare company was finding it challenging to keep themselves abreast with the dynamic, time-critical Regulatory information coming from 1000+ sources- across multiple geographies.
  • Services from existing vendors were not adequate for accelerated & holistic decision-making.
  • As a result, the company was facing an imminent risk of their brands being adversely affected in the global markets due to Regulatory non-compliance.

Objectives

  • Aiding an EU based global consumer and healthcare company with managing its complex Regulatory intelligence needs via a unified platform to reduce time to market, enable faster decision-making and maintain compliance at all levels.

Problem Statement

  • Lack of clear processes/ framework to manage global RI data
  • Limited in-house Regulatory expertise – leading to escalating consultant costs
  • Deluge of information from existing service providers yet lack of relevant, actionable intelligence
  • Increasing Regulatory complexity impeding faster decision-making

Freyr Solutions and Services

Freyr Solutions and Services
  • Freyr IMPACT deployed as Data-as-a-Service (DaaS) model – covering 50,000+ insights (and counting!)
  • Freya, an AI driven Regulatory advisor, to help users with comprehensive research on regulations across the globe (including the ones that come in non-English languages)
  • Real-Time updates of Health Authority communication & Regulatory news facilitated by a plethora of Intelligent BOTs
  • Bi-monthly curated Newsletters covering all relevant updates – facilitating quicker, holistic decision-making
  • Significant reduction in compliance costs, resulting from lowered dependence on consultants
  • End to end Regulatory Intelligence support covering the Regulatory consulting, an advanced technology platform, global data coverage, cutting edge Regulatory analytics, and customised newsletters.
  • An effective approach levering the synergy between the progressive technology and Freyr SMEs to keep up with the dynamic Regulatory landscape spanning across a broad range of markets and products
  • 25% Reduction in compliance costs across 50 countries and 5 product categories
  • Reduced time to market by enabling faster decisions through customized newsletters
  • 50,000+ Regulatory Insights across 150+ markets ensured timely compliance
  • 1200+ IntelliBOTs ensured real-time RI Surveillance