White Paper: The Sunshine Act: Compliance in Expense Reporting

White Paper

The Sunshine Act represents new challenges for companies that don’t have the tools for tracking what can amount to a lot of data about payments. The most important consideration is accuracy, alongside compliance. In this white paper, we offer details on the biggest challenges associated with the Sunshine Act, including a software solution that offers assistance like:

Capturing and tracking special expenses related to the Sunshine Act
Creating easy and accurate reports as mandated
Managing this data with a controlled, efficient and auditable process
Ensuring HCP reporting compliance and risk mitigation
Real-time insight into aggregate spend reporting
Eliminating the manual burden on employees

Topics in this case study:

"Very happy with DATABASICS! Great customer support! Our team was very responsive. They listen carefully and are very good... We liked best the ease of transition out of our old software and once transitioned, the invoicing process time was cut in half. We also improved accuracy and efficiencies in other areas.”

CFO

Growth Acceleration Partners

"We have 300 volunteer and P-Card users who are spending and need their purchases allocated to specifically funded projects. DATABASICS meets our needs the best, and while we moved to NetSuite, DATABASICS is best in class for Expense for us."

Finance Controller

Metis Nation of Ontario

"Easy to use tool and great customer support. Mobile app is great."

Senior Director, Financial Analysis

Creative Associates

“I enjoy that all of my expenses are kept in one easy to access spot making it very simple to locate old or previous expense forms. To demonstrate how committed they are to keeping their customers happy, they even provide seminars to assist us in better understanding the software.”