The true cost of transparency

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With rapidly expanding global requirements, companies continue to make significant investments to comply with transparency regulations. This paper provides practical examples for how companies can improve the efficiency and accuracy of their transparency programs, while minimizing costs.

In this paper, we highlight how:

  • Many companies are exceeding transparency budget estimates, often by substantial amounts.
  • Through understanding current costs – of resources, processes, enabling technology, and more – companies can implement effective strategies that increase data quality while reducing costs.
  • PwC’s data management center of excellence enables companies to outsource activities that are not core to their business — and achieve significant cost savings.

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David Wysocky

Principal, Pharmaceutical and Life Sciences Transparency Leader, PwC US

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