Pharmaceuticals and Consumables
We have preferential terms with most of the major manufacturers meaning that members can benefit from the best terms whilst enjoying clinical freedom. We pass on 100% of discounts earned to members and over 90% of discounts are collected and paid to members in the month following purchase.
The discount savings on offer are enhanced by our administration support which reduces the burden on practices to negotiate, claim and record discounts from multiple sources:
Each month we send a consolidated electronic Invoice to each member on behalf of their wholesaler. It is easily checkable against the individual delivery notes provided with each delivery to the practice and can be saved on their computer meaning that the individual paper delivery notes can be discarded once checked against the Invoice. Members have no restriction on which wholesaler they use.
We provide members with a monthly Discount Analysis report which itemises the discount earned against each manufacturer for the purchases included on their Wholesaler Invoice. This Discount Analysis is easily checkable by applying the discounts published in our terms list to the purchase value shown in our monthly Purchase Report.
Members will receive a Credit Note report which shows the discounts earned in previous months which we have now received from manufacturers and are therefore being paid over to the practice. This can be reviewed against the previous month's Discount Analysis to easily check off and record discounts received – no more checking bank statements or paying in cheques.
Finally, on the monthly Statement, we consolidate all Invoices (wholesaler plus labs and crems if applicable) LESS the manufacturer discounts detailed on the Credit Note to show a single monthly payment which we collect by Direct Debit.
In this way we reduce paperwork, reduce administration and make it easy for members to keep track of their discounts, ultimately giving them more time to concentrate on their clients.
This is backed up by a series of additional management reports designed to help members be proactive with their purchasing and pricing strategies, including our monthly '360 Report' which gives members complete visibility of their true net net costs and purchasing, featuring tools that allow easy interrogation of ranges and 'what if' analyses.
All of these documents and reports are provided electronically.
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