Qualityze’s Customer Success Strategy Shines in FeaturedCustomers Report
[Tampa, Florida, April 26, 2023] Qualityze, a leading provider of cloud-based quality management software, has been named a Rising Star in the 2023 Customer Success Report by FeaturedCustomers, a top reference platform for B2B software and services. The Rising Star award is given to vendors that have recently joined the FeaturedCustomers platform and have already […]
Quality Management Software for Compounded Drugs Industry
It is essential for Compounding Pharmacy manufacturers to maintain a greater level of viability. As a result, the organization often needs to simplify processes and contain costs on time. But it doesn’t end there. The transformations happening in high-profile R&D departments present numerous other challenges for Compounded drug companies. The challenges include managing product-specific challenges that increase costs, lack of market transparency, and uncertainties associated with regulatory requirements, as well as an irregular supply chain. Therefore, Compounded drug manufacturers need a quality management system to streamline all critical processes, like manufacturing, distribution, and supply chains, while improving overall transparency. The right eQMS can help mitigate quality, compliance, and operational risks too.
Qualityze EQMS Suite is the next-generation QMS for the Compounding Drugs industry. It enables organizations to efficiently manage critical processes, including inspection, training, supply chain and documentation. Built on the most powerful and secure platform, i.e., Salesforce.com, it leverages pre-defined templates and configurable workflows to reduce process cycle time. In addition, it provides the Compounded drug manufacturers transparency through the processes and trends to make improved business decisions.
The Qualityze EQMS software for Compounded Drugs Industry is a closed-loop quality system. It includes Document Management, Change Management, Nonconformance Management, CAPA Management, EBR Management, Permit Management, Audit Management, Training Management, Incident Management, Field Safety Action Management, Complaints Management, Risk Management, Inspection Management, Supplier Quality Management, Material Compliance Management, Forms Management, Calibration Management, Maintenance Management, Field Safety Management, Incident Management with exciting features like Audit Trail, Electronic Signature, Social Collaboration, Dashboards, Reports, and Analytics.
Advantages of a Quality Management Software for the Compounded Drugs Industry
Whether it is about streamlining the medical supply chain to overcome Compounding Pharmacy shortage or meeting compliance with applicable regulatory requirements, an integrated quality management system help ensures quality and safety of every product delivered to the customer. A QMS simplifies and streamlines the processes to ensure consistent quality products. Here’s an overview of all the benefits that you can leverage with the integration of end-to-end quality managment software for the Compounded Drugs industry:
- Improved Business Processes
- Improved Document Control
- Improved Customer Satisfaction
- Improved Internal Communication
- Reduced Operational Expenses
- Improved Supplier Relationships
Improved Business Processes
Whether it’s about managing product change or an event resolution, a quality management software simplifies the process management and reduce the overall cycle time. Once streamlined properly, the processes will yield consistent results. The integrated software also provides increased visibility into trends that helps improve planning and decision-making. Therefore, a quality management software lets you manage your business processes in a smarter, better, and efficient manner.
Improved Document Control
Compounding Pharmacy also require maintaining extensive documentation due to the many standards applicable in preparing safe drugs and compliance training. Therefore, the organization needs a document control system to manage, maintain, and track critical documents securely and efficiently. Collecting business information more efficiently is more straightforward and more confident with a quality management software system that integrates all the processes into a closed loop. The advanced document management software provides you required flexibility and security to manage and share documents across different business sites. Furthermore, companies can maintain all the records versioned on an organized repository with a software solution.
Improved Customer Satisfaction
Customer satisfaction is one of the main goals for any business. Success depends on how well it resolves customer complaints and meets customer expectations regarding the safe compounding of medications. It is here that quality management software can be helpful. By transforming customer feedback and complaints into opportunities for improvement, it helps make a positive impact. The better the product quality, the more loyal and trusting the customer is. A quality management software automatically records the complaints details and the relevant action plans implemented, which further helps organization take a proactive approach towards risks and quality issues.
Improved Internal Communication
For compounded drug manufacturers, safety is their top priority. Therefore, their employees need comprehensive training to ensure a consistent quality of products. However, it takes time to train personnel thoroughly and entails a lot of documentation. You can manage it all with comprehensive quality management software that helps manage training requirements for different job functions. The software also helps improve overall engagement within the organization by providing your workforce a centralized platform to communicate and collaborate for reviews, document changes, and other critical tasks.
Reduced Operational Expenses
Despite its reputation as a contributor to rising drug costs, compounded drugs might represent a solution for the seemingly impossible problems of generic price increases. Nevertheless, the FDA has still developed a new regulation scheme, which requires facilities engaged in large-scale and sterile compounding activity to register, pay annual fees, comply with current good manufacturing practices (cGMPs), and submit to FDA inspection. A quality management software can help significantly reduce these costs by enabling pharmacies to meet compliance requirements and perform regulatory reporting and submissions at regular intervals. It will help them reduce operational expenses to a large extent, eliminating additional costs of outsourcing regulatory submissions.
Improved Supplier Relationships
Suppliers play an important role in achieving quality objectives by providing materials that meet critical requirements set out in specifications. Therefore, evaluating supplier capability and performance will help the organization maintain excellent customer service and experience. It is why Compounded drugs companies need a closed-loop quality management system that can help them address supplier quality and operational risks. You can easily find a cloud-based eQMS that can integrate with the existing business systems to help you manage supplier data and performance in a well-organized manner. Further, it will help you improve your relationship with suppliers, and it will help you communicate with suppliers more effectively.
How Does Qualityze Works for the Compounded Drugs Industry?
A Compounded Drugs company can take advantage of Qualityze 14 smarter quality solutions to meet their specific needs. It can help companies of all sizes achieve operational excellence and ensure compliance. Based on Salesforce, Qualityze provides companies with secure and flexible access to quality data. Find more details about how each module functions in the Compounded Drugs industry:
Why Choose Qualityze Enterprise Quality Management Solution for Compounding Pharmacy Industry?
Choosing Qualityze Enterprise Quality Management Solution will be a beneficial decision for the Compounded Drugs industry because it has
Qualityze Compounded Drugs QMS software has a lot of value to offer to any organization with its customizable cloud-based software for Nonconformance Management, CAPA Management, EBR Management, Document Management, Change Management, Inspection Management, Training Management, Incident Management, Field Safety Action Management, Risk Management, Supplier Quality Management, Audit Management, Material Compliance Management, Forms Management, Incident Management, Complaints Management, Permit Management, Calibration Management, Field Safety Management and Maintenance Management. You must give it a try!