Streamlining life sciences compliance: complianceNOW®

In the fast-paced and highly regulated life sciences industry, streamlining life sciences compliance isn’t just a necessity; it’s a competitive advantage. From engaging key opinion leaders (KOLs) to navigating fair market value (FMV) assessments and transparency reporting requirements, organizations are facing increasing administrative demands and regulatory scrutiny. That’s where complianceNOW® comes in.

What is complianceNOW?

complianceNOW is Baker Tilly’s suite of technology-enabled compliance solutions designed specifically for life sciences organizations. It streamlines complex, repetitive tasks and embeds robust compliance and risk controls into everyday operations. Backed by Baker Tilly’s experienced life sciences consulting team, including former Chief Compliance Officers, complianceNOW empowers organizations to enhance efficiency, reduce risk and scale confidently.

complianceNOW is a centralized platform that integrates modular tools tailored to the unique needs of life sciences companies. Whether you work with dozens or thousands of KOLs, complianceNOW provides tools that can adapt to your needs.

Complete compliance solutions

The suite combines intuitive technology tools that simplify operations, strengthen global compliance programs and scale with your organization. Whether leveraging a single product or the full suite, teams can adapt the solution to manage complex regulatory requirements with greater efficiency and confidence.

• kolNOW®: An on-demand, self-service portal designed to streamline the evaluation of KOLs for consulting engagements. It enables professionals to quickly and accurately determine a KOL’s tier, eliminating the risk of human error or bias.
• fmvNOW®: Provides instant access to FMV hourly rates for KOLs across multiple tiers and countries. It simplifies the FMV rate determination process, allowing teams to focus on strategic, value-driven initiatives.
• engagementNOW™: A complete solution for managing healthcare professional (HCP) engagements from initiation to completion. It automates coordination, compliance checks, approvals, payment processing and reporting, helping teams manage HCP relationships with greater speed and accuracy.
• transparencyNOW™: A user-friendly tool that streamlines spend transparency reporting, ensuring accurate transfer of value disclosures to HCPs and healthcare organizations (HCOs). It eliminates time consuming manual filing and frees teams to focus on higher priority work.
• stewardshipNOW™: Enables organizations to manage external funding activities such as donations, grants and sponsorships from request to funding administration with increased transparency and reduced risk.

Benefits that drive results

complianceNOW isn’t just about checking regulatory boxes, it transforms how compliance is managed across your organization. Its benefits extend across teams, processes and geographies, delivering measurable improvements in both day-to-day operations and long-term outcomes.

• Efficiency enhancement: Streamline and improve processes to reduce the burden of routine tasks for global stakeholders, giving leaders more time to focus on high-impact priorities.
• Risk Resilience: Strengthen compliance and risk management measures within your processes and systems to improve overall protection and operational stability.
• Empowered by experience: Backed by Baker Tilly’s life sciences advisors, complianceNOW leverages real world expertise to help ensure your compliance processes are practical, efficient and aligned with industry best practices.
• Data-driven insights: Unlock actionable intelligence from compliance activities to support smarter decision making and continuous improvement.
• Scalable solutions: Whether incorporating a single product or the entire complianceNOW suite, all products seamlessly integrate into our centralized hub.

Compliance that grows with you

Regulations, markets and business models are constantly evolving, and your compliance strategy must evolve with them. complianceNOW is built to adapt, helping life sciences organizations stay ahead of change rather than react to it. Whether expanding into new regions, navigating updated transparency requirements or scaling operations, complianceNOW grows with you.

Ready to transform your compliance strategy?

complianceNOW offers a smarter, more strategic path forward. Schedule a demo today to discover how you can streamline compliance, reduce risk and unlock new efficiencies for your organization.