The Sunshine Act Compliance Simple as Ever Can Be

In the past, a company may have provided gifts or payments to physicians or teaching hospitals and tracked these contributions using manual reports. As part of a time-consuming process, this business might have dedicated significant resources to its reporting, ensuring that it accounted for every penny that you have.

However, new federal regulations are making it more difficult for many companies to keep track of the money they provide to various healthcare professionals. Under the Physician Payments Sunshine Act, drug and medical device manufacturers nationwide must report any contributions made to physicians or teaching hospitals totaling $100 or greater annually. Failure to do so, however, could result in steep fines - in some cases, penalties can reach up to $1 million.

Certify's Sunshine Act compliance software allows company leaders to effectively manage their expenses. Within short periods of time, business officials can easily submit expenses related to physician spending, ensuring that their firms comply with the Sunshine Act.

Mobile device users can benefit Paper-based expense reporting processes are often inefficient, particularly for businesses that make productivity a major priority. If a company cannot effectively support its staff members at all times, it puts its workers at risk and may prevent them from providing valuable support to this business for years to come.

A company can eliminate various risks with Certify, however, because the solution allows workers to track expenses from multiple destinations. Workers can use their smartphones and tablets to snap photos of physician receipts, and within seconds, Certify automatically creates in-depth expense reports based on the information provided by employees. Receipt management is easier than ever with Certify. A company can comply with the Sunshine Act and bolster its productivity with this first-rate expense reporting solution.