Report Reveals 70% of Medtechs Use Manual Processes for Managing Content and Claims
Veeva Systems Inc. Class A (VEEV)
Last veeva systems inc. class a earnings: 3/3 04:05 pm
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Source: PR Newswire
Reducing content approvals from more than four weeks and automating claims are key opportunities to drive speed to marketBARCELONA, Spain, Nov. 21, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced findings from the 2024 Veeva MedTech Commercial Benchmark survey revealing nearly 70% of medtech organizations rely on manual processes and homegrown applications to manage commercial content and claims. Without a purpose-built content management system, medtech commercial teams face go-to-market delays and growing compliance risk.Despite the importance of connecting claims, evidence, and promotional materials, only 15% of organizations have streamlined processes with a central data repository where claims are directly linked to substantiation. The data shows there is significant opportunity for improvement across commercial content and claims management to gain visibility and speed.The benchmark survey of over 130 commercial medtech leaders found that:Content personalization
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VEEV
News
- Veeva Stock May Gain on the Launch of GenAI Features in Vault CRM [Yahoo! Finance]Yahoo! Finance
- Report Reveals 70% of Medtechs Use Manual Processes for Managing Content and Claims [Yahoo! Finance]Yahoo! Finance
- Report Reveals 70% of Medtechs Use Manual Processes for Managing Content and ClaimsPR Newswire
- Veeva Commercial Summit: Increased investment in medical affairs by pharma companies [Yahoo! Finance]Yahoo! Finance
- Veeva Announces AI in Vault CRM [Yahoo! Finance]Yahoo! Finance
VEEV
Earnings
- 8/28/24 - Beat
VEEV
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 144
- 11/8/24 - Form 8-K
- VEEV's page on the SEC website