Objectives
This project is for clients wanting to challenge one or several departments and identify and implement recommendations of improvement- Focus on a diagnostic of its Local & Central Regulatory functions + Local Vigilance Organization
- Identify recommendations for improvement for both departments
- Identify transformation scenarios and assess the associated benefits
Approach
Key steps followed:- Identification of key criteria for assessment via the following 6 criteria assessed: E2E Process Efficiency, Operating Model, Governance, Digital Maturity, Total Cost of Ownership & Compliance / Risk
- Review of client documents: SOPs, client portfolio, affiliates network, etc
- 10+ working session with RA and PV representatives
- Identification of transformation scenarios and associated benefits
- 2 Intermediary Steering Committees with RA and PV representatives to align on diagnosis and recommendation
Key deliverables
In-depth diagnosis
Room for improvement
Operating scenario
(Make or buy analysis)
Major benefits
20% to 30% of expected time savings of activities
29% of expected cost saving in the payroll, with 30% of them related to process improvement and digitalization
Reduced compliance risk
Especially in the management of affiliates + RIMS & eDMS
