Cresen Solutions was formed to provide distinct and qualified services to the life sciences industry. Our organization has a clear focus and mission to enable improved business outcomes through advanced technology solutions and analytical expertise. The leadership team is comprised of seasoned healthcare industry experts focused on enabling the technological advancements necessary in today’s ever-changing healthcare landscape. Strong foundations in technology systems and solutions and the business acumen to enable predictable business results are keys to our success. Experience, quality, and innovation are the cornerstones of our team’s capabilities and are applied to each engagement.

Cresen Solutions developed MonitorMate to enable our clients to easily assess global risk, create a calibrated monitoring plan, and track the execution of compliance monitoring and associated remedial events. The system is designed to automate the monitoring process of any company’s unique business need – from the risk assessment to the corrective action tracking for issues identified throughout the monitoring process. Additionally, the system has an automated workflow and email notification capability that eases the monitoring and remediation process of the company.

Risk management, auditing, and monitoring processes allow Life Science companies to conform with state and federal regulations while enabling them to also align with relevant internal policies and procedures. Within most companies, the global compliance department identifies potential risks through the execution of their ongoing monitoring process. Assessing the risk enables the organizations to identify weaknesses within the internal controls and identify policies and procedures that should be corrected. Companies can then take necessary corrective actions which ultimately can reduce the number of high-risk issues in the future. Additionally, the compliance department must monitor and document business events and interactions. Most companies lack flexibility and sophistication in identifying and mitigating their risk areas, monitoring, and auditing phases. The majority of these details are often tracked through Excel sheets, which can be cumbersome and prone to human error. This manual tracking process becomes even more complex when the compliance teams are located across the globe in regions with varying international laws. Now, more than ever, it is essential to have a refined system where companies can conduct a risk assessment, track monitoring, and remediation details, and easily assess the corrective measures.