Category:
CorporateThe use of the BICTA platform generates fundamental benefits for companies operating in the pharmaceutical sector.
Operational efficiency
Pharmaceutical companies, with BICTA, being able to efficiently manage a high volume of transactions, reduce the need for resources and time dedicated to manual activities.
Error reduction
By eliminating human intervention in reconciliation processes, the risk of errors in payment recording is reduced, thus helping to maintain accurate financial records and prevent accounting discrepancies.
Regulatory compliance
Accurately tracking payments allows pharmaceutical companies to ensure regulatory compliance, a key issue in an industry subject to strict regulations and complex regulatory requirements.
Cash flow improvement
Clear and instant visibility of financial transactions facilitates better cash flow management and more accurate financial planning.
Reduction of fraud and suspicious transactions
By quickly identifying payment discrepancies and analysing suspicious transactions, Pharma companies can prevent fraud and unauthorised activity.
Better supplier management
The timely and accurate payment of invoices allows pharmaceutical companies to better manage relationships with suppliers, ensuring the constant supply of raw materials and products.
Reduced operating costs
The reduction of costs associated with the manual management of payments helps to improve the overall profitability of the company.
BICTA platform: significant advantages for every sector
