MR reporting software is an innovative cloud-based platform through which you can ensure accountability and transparency in pharma sales.
It is undeniable that field force operations yield business growth. However, it is also true that companies often struggle to ensure accountability and transparency in the activities of their field executives. If you are a pharmaceutical business owner then it must be relatable to you.
Isn’t it? As technological advancements are increasing, automation software provider companies like TrackoField provide the best solution to optimize your pharma sales team. This innovative software is known as the MR reporting software.
Keep reading this blog post to explore its meaning and role in increasing transparency in pharma operations.
What Is MR Reporting Software?
Pharmaceutical reporting software is a technological advancement through which pharma companies can automate their business workflows. It provides a comprehensive platform to manage employees’ tasks, orders, attendance, leaves, and expenses in one place. Most pharmaceutical businesses are deploying this software to promote business growth while ensuring transparency in field force operations. Let’s find out how in the next section!
How MR Reporting Software Increases Accountability and Transparency in Pharma Sales Teams?
To understand how the MR reporting system increases accountability and transparency in the pharma sales team, it is important to know about its work. It is a cloud-based platform that works through various system softwares. These softwares not only automate the workflows but also reduce the risk of manual errors. Moreover, these tools help businesses prevent fraudulent activities of employees. Below are some of these tools:
- Real-Time Monitoring Software
First and foremost, MR reporting software provides a real-time monitoring system through which employers can track the live location of all medical sales representatives. Whether they are waiting on a red light or having a meeting with a client, the software gives an update for each activity. This feature is really helpful for the management to assign tasks based on the live location of the employees.
- Dynamic Route Distance Calculator
Another great feature of pharmaceutical reporting software through which you can ensure accountability and transparency in field sales is a dynamic route distance calculator. With this tool, employers can track the total distance and duration covered by field executives. This tool can ensure that field employees ride safely while following all the traffic guidelines. Additionally, the management can use the accurate insights provided by the calculator to track the assigned activities for each employee.
- Auto-Generated Performance Reports
You will often notice your employees telling incomplete truths regarding their performance. An MR reporting system is a tool that provides auto-generated target vs. achievement reports to businesses. These reports have clear insights into the status of tasks, total completion time, and more. The manager can easily download these reports from the dashboard and know the actual performance of employees.
- Expense Tracker
What about employee expenses? Do you face challenges like transparency in this process as well? An MR reporting software is really helpful in this case. It provides expense management software that provides various features to ensure complete transparency and accountability in employees’ expenses. Here’s a look at some of these features:
- Set an expense cap based on the categories and employees’ designation.
- Auto-detects the duplicate entries and removes them from the database.
- Hierarchy-based approval system to provide enhanced visibility to the management at each level.
- Attendance Tracking Systems
Sales team location tracking is fine but what about the timesheet for each field executive? It can also be simplified through an attendance and leave management module of the MR reporting system. This module offers various attendance marking systems like biometric, geo-verified, facial recognition and others to track the precise timesheet for each employee. What’s more? The software provides an innovative leave management module to monitor the leave patterns for field executives.
The Last Words
MR reporting software is an automation tool through which businesses can optimize their end-to-end field force management. It provides various innovative solutions that allow companies to ensure accountability and transparency in the entire field workflow. But do you know which is the best pharmaceutical reporting software for your business? It’s TrackoField! The software comes with numerous modules that streamline each aspect of field force management.
