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Cloud Call Center Community Featured Article

TMCNet: New SaaS Aggregate Spend Solution Unveiled at the Veeva Customer Summit

[May 19, 2009]

New SaaS Aggregate Spend Solution Unveiled at the Veeva Customer Summit

PHILADELPHIA --(Business Wire)-- Veeva Systems' first Customer Summit - the largest gathering of life sciences SaaS CRM users ever - opened with big news for the industry. Veeva announced plans for its newest SaaS application, Veeva Easy Spend™. The new product will be the first SaaS offering designed for pharmaceutical and medical device companies to ease the burden of complying with industry regulations mandating the tracking and disclosure of expenditures on individual healthcare professionals and organizations. It will include integrated compliance master data, regulatory guidance, and always up-to-date business rules and reports.


"Every pharmaceutical and medical device company needs to comply with aggregate spend legislation," according to Peter Gassner, president and CEO of Veeva Systems. "Unfortunately, the solutions on the market today are complex, time consuming and expensive. Our goal is to make it dramatically more economical to achieve reliable compliance. Veeva Easy Spend is easy to implement, easy to integrate, and enables pharmaceutical and medical device companies of any size to economically comply with complex regulatory requirements." Veeva EasySpend will be sold separately from the company's flagship Veeva CRM product suite and is designed to be easily integrated with any CRM or ERP system.

Availability is planned for July 2009.

About Veeva CRM The Veeva CRM suite of applications, comprised of VBioPharma™, VMobile™, and VInsights™, is the life sciences industry's top SaaS-based CRM solution. As the foundation, VBioPharma offers multiple editions in one CRM product to accommodate the unique needs of various life sciences commercial teams. It is also the only pharma CRM application to come pre-validated for PDMA and CFR Part 11 compliance. The complete Veeva CRM suite gives customers the mobility and reporting solutions needed to drive user adoption and sales effectiveness.

About Veeva Systems, formerly Verticals onDemand Veeva Systems is the leader in SaaS-based solutions for the global life sciences industry. Veeva has dozens of customers ranging from the world's largest pharmaceutical companies with thousands of users to emerging biotechs commercializing their first products. Veeva customers achieve the fastest time to value through the deployment of fully functional applications that are flexible, simple to deploy, inexpensive to operate, and provide a superior user experience. Veeva is a privately-held company headquartered in Pleasanton, CA. For more information, visit www.veevasystems.com.

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