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Pharma software addresses the growing needs of a wide variety of industry players, like clinical researchers, manufacturers, suppliers, drugstore owners, and healthcare specialists. And each participant may find it extremely useful for growing productivity and raising the level of customer satisfaction.

In this article, we’ll describe several types of digital tools, their benefits, and reasons to spend money on development companies.

Is it worth investing in Pharma software?

Custom software can help pharmaceutical businesses make timely optimization in routine processes, cut costs, and smoothly adapt to rapidly changing market demands. Those companies, which still deny the need for digital transformation may be on the verge of extinction due to low productivity compared to competitors.

On the contrary, organizations that invest in pharmaceutical software will achieve better key performance indicators, regardless of the direction they operate in. 

That means dedicated digital tools can assist in fastening drug research, development (R&D), and testing processes, and releasing new treatments ahead of rivals. Implementing pharma software also ensures better drug control, supply chain efficiency, and automation of the prescription procedure.

With custom digital solutions pharmaceutical institutions can provide unique services and features for better customer support, transparent and real-time communication. These efforts will help to build solid relationships with customers and keep them loyal to the brand.

What’s more, implementing suitable software companies can strengthen the level of security. As for the benefits for patients, improved medical production, accurate trials, and free access to the results of R&D milestones allow to achieve better outcomes.

Types of Pharma software solutions

Professional software development companies like Avenga can deliver various digital solutions for solving multiple pharma industry issues. Here’s the set of tools that can help entrepreneurs to simplify procedures and increase productivity:

  • Solutions for clinical trial management that helps to boost the drug development process and receive better tested and more predictable outcomes.
  • Electronic Health Records (EHR). This tool is used for saving patients’ disease histories, drug prescriptions, etc. The software can be integrated with other services for sharing related information (for example, to practitioners).
  • Prescription software. One of the convenient and widely used tools that help to create and send electronic drug prescriptions right to the patient gadgets instead of writing paper variants, keep the history, and minimize human errors.
  • Pharma manufacturing software for speeding up the production process and controlling the quality of results.
  • Commercial pharmaceutical software for streamlining the process of drug distribution from ordering to storing and shipping products. This type of solution includes tools for inventory, warehouse, transportation, and supply chain management.
  • Pharmacovigilance toolkits for ensuring drug safety and compliance with all applicable regulations.

Pharmaceutical software development: benefits and challenges it solves

It would be useless to talk about pharma software integrations without clearly defining its main advantages for enterprises. We’ve already mentioned a few of them like better patient outcomes and improving cyber security. Still pharmaceutical digital solutions have even more benefits:

  • They makes businesses more flexible and resilient to constantly changing markets. Today’s technological achievements, like Artificial Intelligence, applied for drug discovery, telemedicine, and e-pharmacy, made it possible to uncover new opportunities for future drug development, manufacturing, and distribution. Custom software solutions allowed pharma companies to become more agile, follow the latest trends, increasing operational efficiency, and improving the level of customer satisfaction.
  • Helps to meet regulatory requirements. Compliance with industry regulators, like HIPAA or GDPR, can be pretty expensive. Digital technology helps to streamline report generation, reduce manual work and centralize operational data, which greatly simplifies the companies compliance department efforts.
  • Empowers manufacturing and trials. 

Pharma software development usually comes with several challenges which can be easily addressed by expert IT teams, specializing in digital transformation.

Thus, pharmaceutical tools may require integrations with other systems for accounting, shipping, customer support, payments, etc. The developers’ team can deal with these tasks, providing smooth third-party integrations and ensuring data safety.

The other challenge experienced teams can cope with lies in good scalability and flexibility of pharma software. It must be available 24/7 and accessible from any device.

It should be mentioned that there is no one-fit-all solution for pharmaceutical businesses. Each case is unique and requires an individual approach. Reliable development service providers thoroughly analyze personal business needs and suggest optimized solutions that will help to discover new horizons and address all corporate goals.