Monthly Archives: April 2015

Why your Pharmacy Should Outsource Pharmacy Business Services?

Posted on April 25, 2015

Is your pharmaceutical business looking for scalable, time-saving and cost-effective services that can help you channel more of your time, energy, money and resources into your core business? If yes, then what you need are Pharmacy Business Services from India.

5 reasons why India is the ideal destination for pharmacy business services

India is a leader when it comes to offering premium quality pharmacy business services.  With immediate access to a team of dedicated LTC specialized experts, trained pharmacy consultants and experienced pharmacists, you can be assured of accurate, fast and seamless services. You will also be able to stay up-to-date with the latest development and happenings in the vast field of pharmacy.

1. Access to a skilled team of specialists:  Outsourcing pharmacy business services to India can give you access to a certified, trained and experienced team of specialists who can expertly handle various categories of drug codes. With a team of pharmacists who have in-depth know-how of HIPAA compliance and Medicare part D, who can work under any pharmacy information system, you can be sure of quality services. Every project will also be scanned by a skilled team of quality assurance specialists to ensure that there are zero errors.

2. LTC subject matter experts: India is one of the few outsourcing destination that has a huge pool of subject matter experts who are trained on varied pharmacy information systems (PIS) such as, Frameworks, QS1, CIPS, HBS and Helix amongst others. LTC subject matter experts from India are also proficient at using any type of tool or format, such as, Payor Rules, Facility Census, CoverMyMeds and DocuTrack to name a few.

3. Scalable services: Indian pharmacy business service providers have the scalability to manage both small and large volumes of pharmaceutical workflows and stocks.

4. Value-add pharmacy business services:  Whether your pharmacy business requires medical coding or any other customized healthcare service, you can get access to any type of value-add pharmacy business service.

5. Global delivery model: India is one of the few outsourcing destinations that offers global delivery services across world-wide locations that operate on a 24/7 basis.

4 services your pharmacy business can outsource Continue reading

Review of CATIA V6: Should You Use It?

Posted on April 18, 2015

Have you tried the new CATIA V6? This tool is a complete package and is ideal for precise designing and analysis. This software even facilitates the simulation of object through 3D digital mock-ups. Read on to find out more about the major features of CATIA V6. 

CATIA, is an extremely popular and versatile CAD software created by Dassault Sytemes, an acclaimed French company. This software offers a unique platform for the explicit design, analysis and manufacture of new products, therefore, making the product development process much faster and quicker. CATIA has now released its latest version, known as CATIA V6.

CATIA V6 contains a full spectrum of tools for both designing and analysis. Another unique feature is its “design anytime-anywhere feature that enables a person to capture and send changes to offline collaborators in real-time.

Highlights of CATIA V6

Here is a list of some of the important features of CATIA V6:

1. Access to global collaboration innovation: As a user of CATIA V6, you will get access to the company’s award winning collaborative 3D environment that enables an unlimited number of online people from any part of the world to be a part of the virtual 3D brainstorming session. The design anytime-anywhere feature enables a person to share any change in design offline.

2. Leverage real-life like experience: The all new CATIA V6 offers a real-life like working environment, with new materials, effects and even paint shades. Continue reading

6 Elements of a Good Feasibility Study

6 Elements of a Good Feasibility Study

Posted on April 10, 2015

Read this post to find  out what elements you will need to include in a feasibility study.

Do you know what a feasibility study is? A feasibility study is a problem/opportunity that is studied, along with analyzing the current mode of operation, defining the requirements, evaluating the alternatives and deciding on an appropriate course of action. A feasibility study can be carried out for anything and everything be it for software development, at the time of acquisition or for any such project.

If you are planning on conducting a feasibility study, you will need to include the following six elements:

1. The project scope: The first step is to clearly define the business problem/opportunity that has to be addressed. The project scope has to definitive and to the point. Make sure to also define the parts of the business that would be affected either directly or indirectly. This would include project participants and end-users. A well-defined project scope can ensure an accurate feasibility study.

2. The current analysis: This form of analysis is used to evaluate the current method of implementation like a new product or system. From this analysis, you can discover the strengths and weaknesses of the current approach. Conducting a current analysis and identifying the pros and cons of your current system/product can help you save both money and time.

3. The requirements: You will need to define your requirements depending on the objective of your project. For instance, how the requirements are specified for a product will be entirely different from the requirements specified for an information system. How you accurately define your requirements is an important factor in a feasibility study. Continue reading

Tax Preparation with Intuit’s ProSeries

Posted on April 2, 2015

Intuit’s ProSeries is easy-to-use, has e-filing capabilities and guarantees accurate e-filing of tax returns

If you are an individual running a business, a part of a partnership or an owner of a large corporate, you would have to look for tax preparation services at some point of time. India, one of the world’s renowned service providers of tax processing and tax preparation services is the best destination to choose a service provider to file your Federal and State Tax returns.

You can also get access to expert tax processing and computing only during your peak work load seasons. Indian service providers like Flatworld Solutions, use only the best accounting software in tax preparation like Intuit’s ProSeries, which guarantees a high level of accuracy and ensures complete IRS compliance during tax filing.

About Intuit’s ProSeries

Did you know that ProSeries tax software is today’s market leader in professional tax solutions? Intunit’s ProSeries is easy to work with, as most accounting systems already employ Intuit’s popular accounting software, QuickBooks. The ProSeries is great to use for tax preparation, as it offers many attractive features. Some of them are:

  • Built-in e-filing capabilities
  • Easy-to-use
  • Quick data input features
  • Accurate data entry, tax calculation, processing and e-filing of tax returns

You can choose from ProSeries Basic and ProSeries Professional. Both the ProSeries versions offer automated calculation for tax calculation that is 100% error-free. There is also a built-in free app that will keep you updates on the newest tax legislations.

ProSeries Basic

This version of ProSeries is preferred by sole practitioners and individuals for tax preparation. It is not only affordable for new start-ups, but it also has a very simple-to-use user interface and enables you to closely follow and even participate in the tax calculation and e-filing process. Some of the ProSeries Basic version’s outstanding features include:

  • Accurate preparation of 1040 and Schedule C tax returns
  • Option of entering in the ELFIN or Electronic Filing Identification Number during the e-filing of tax returns
  • Access to detailed category specific checklists for data collection
  • Quick data input into worksheets or forms
  • Guaranteed accuracy through built-in error detection and correction features

Continue reading