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Profit Point/RX offers pharmaceutical, health and beauty manufacturers, distributors and retail chain stores erp software, including inventory software and distribution software that can seamlessly manage the flow of warehousing, regulatory information, and financial transactions for controlled substances and regulated products. Profit Point/RX allows for real time information to track the movement of inventory, order placements, financial transactions, and product delivery. Profit Point/RX delivers end-to-end technology with Pedigree tracking and reporting that takes the complexity and expense out of the warehousing for controlled substances and regulated products. There is no doubt that erp software is taken to the highest level with solutions offered by TurningPoint Systems.
Distributors, manufacturers and retail chain stores can benefit by achieving regulatory compliance with ProfitPoint/RX’s DEA/FDA reporting and contract management solutions. Companies can reduce operating costs by lowering inventory, optimizing warehouse space and improving sales force productivity through the ProfitPoint/RX solution. Companies can also reap rewards with improved customer service since ProftPoint/RX allows for faster and more accurate product delivery and value added services such as price alert labels, postcards, retail price stickers and shelf labels. Based on a scalable IBM iSeries platform, the ProfitPoint/RX solution extends beyond standard information management systems, offering mobile computing, web portals, sales automation and advanced business analytics for real time date mining, business intelligence, and ad hoc reporting with our partner’s NGS Business Intelligence software.
To learn more about TurningPoint’s products and services, call (888) 414-3126 or click here to request a complimentary consultation online.
ProfitPoint Core Modules
- e-Warehouse Management Systems (e-WMS)
- e-Customer Relationship Management (e-CRM)
- e-Supplier Relationship Management (e-SRM)
- Route Accounting
- Financial Reporting and Analysis
- Pedigree Tracking and Reporting
- Full Warehouse Scanning
ProfitPoint/RX Features
Pharmaceutical as well as health and beauty aid distributors, manufacturers and retail chain stores will enjoy ProfitPoint/RX which is especially designed with the following features:
- DEA Registration: Compliance with controlled substance laws can be ensured with the ProfitPoint/Rx module that provides for Customer’s DEA registration license and expiration dates, state registration numbers with expiration dates, and allowable schedules to purchase in accordance with the customer’s DEA number.
- Controlled Substance Automation: Automatic identification of items with appropriate federal narcotic, prescription, or non-prescription (NDC) codes speed up compliant inventory management. Automatic cross-referencing of customer’s internal item numbers with the National Drug Code for ordering, buying, credit returns, merchandise returns, and inquiry purposes allows for improvements in productivity lowers operating costs and increases profits.
- Contracts / Chargeback Data Management: ProfitPoint/RX allows for comprehensive contract management, offering automatic tracking for all hospital shipments and calculation of appropriate charge-back fees to be posted to Accounts Payable or Accounts Receivable. ProfitPoint/RX also provides for Group contracts to manage manufacturer and merchandising arrangements.
- Electronic Transaction Submission: ProfitPoint/RX can transmit data electronically via industry standard EDI X12 for purchase orders, charge backs, and other transactions.
- Electronic Data Interchange (EDI): ProfitPoint/RX leverages the confidentiality accuracy, and availability of company data with electronic data exchange.
Inquiries and Reports Include:
- ARCOS reporting
- Suspicious order monitoring
- DDD/SAMI/IMS reporting
- EDI processing
- NWDA standard charge-back report
- Contract reports by manufacturer, customer, and item
- Pending contract report
- Contract expiration report
- DEA customer ‘post-card’ notices
- Transaction audit report
- Master file audit report
- Track schedule six, over-the-counter drugs such as PSEUDOPHEDRINE
- Pedigree tracking and reporting
ProfitPoint/RX helps our clients to achieve regulatory compliance, reduce operating costs and improve customer service. Direct store delivery, warehouse and wholesale distribution and sales force automation by TurningPoint Systems is cost effective, efficient and secure. In short, ProfitPoint/RX helps turn inventory into profit.
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