Leading Biopharmaceutical Company Reduces Risk with Analytics & Automation Software

The Need

An American biopharmaceutical company was looking for an off-the-shelf solution for meeting regulatory expectations around the use of data to better assess their compliance risks. They were seeking a compliance monitoring solution that enabled them to be hands-on with their data and escalate areas of risk at botha transactional level as well as at a holistic country and counterparty level. The end goal was to show the broader organization that the compliance team had embraced a new frontier in risk analysis and mitigation and advanced their program with technology in order to help the broader business.

The Solution

They implemented Case IQ’s* Compliance Monitoring software to monitor their enterprise spend and better assess their enterprise risk using sophisticated fraud analytics to flag high-risk transactions for review and remediation. Using data from Oracle, Concur and Alanda, they are able to aggregate multiple risk factors and analyze their risks across vendor invoices, healthcare provider and organization spend and employee T&E reimbursements more efficiently and effectively. The software’s flexibility and ease of configuration provide the company with the ability to assess risk across multiple dimensions.

*Lextegrity was acquired by Case IQ in 2025 and is now offered as an end-to-end suite of compliance tools.

The Results

Case IQ’s automation and data analytics software has cost-effectively reduced the company’s risk exposure by automating the identification of high-risk spend transactions and risk context descriptions to expedite reviews and remediation. The software empowered the compliance team to embrace risk mitigation and advance the program using technology.

Risk aggregation has helped improve the compliance program as a whole. The aggregation of all the flags creates a feed into the risk assessment. Through this process, they have been able to risk score not only transactions but their business affiliates themselves. This helps compliance leaders to determine where to allocate resources. With continuous monitoring, they are able to use continuous information to update their risk assessment in real-time.

The Compliance Monitoring solution has also served as a key business enabler for the company. With Case IQ’s Risk Insights feature, the compliance team provides eye-catching visuals and dashboards for the business, laying data out in an interactive way so stakeholders can click through to the underlying data and understand what is going on at the transaction level. This gives the compliance team the ability to demonstrate to the business that compliance has visibility into, and can support, every aspect of the company. This is especially helpful because the business is used to seeing a more robust level of visualization on the sales and commercial side, and compliance has traditionally been behind in that area. So being able to give business leadership this level of data visualization quality is impactful when trying to engage stakeholders in understanding the company’s risks and the overall compliance program health.

The data insights also help the compliance team to extract and convey the story of what is going on in the business.

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