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Showing posts from December, 2020

End of Year Tax Planning? - Automate and Save Time.

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  MDS Tax options now offer a new choice Taxes are a business reality for some and a non-issue for others but as the government needs more money it's going to have to come from somewhere. Amazon is charging tax now and in all likelihood they will start taxing your business in some way soon. The good news is that MDS has you covered and h ere are a few options for tax setup and maintenance within the MDS systems.  TSH is proud to announce support for the AvaTax engine from avalara . All your tax liability is entered online and each product can be mapped to a specific unspsc code or taxable class (available on their site/spreadsheet). Then each time an order is place a website call is made to calculate the tax. The website allows options for customer specific exemptions and they map to geo codes based upon the shipping address,  not zip codes so they are  more accurate. They also offer the ability to file your taxes for you with the correc...

Punchout - Moving EDI into Real Time

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Everyone talks about the benefits of EDI (Electronic Data Interchange) and how it makes it so much easier to send data between different systems. We can debate the merits and costs and see what makes sense, But often many people overlook a major issue with the current EDI model.   Because it was based on an offline model all of EDI is based on files and responses. So the concept is you send me a file I send you a message saying I got your file and then I respond with any issues and or status updates. In todays real time world, that just doesn't always work. And while EDI is here to stay at least for a while, Today we wanted to introduce to you another alternative that offers similar functionality with a number of added benefits. The biggest being it allows for real time interactivity. Punchout Catalogs - Why is Mike Tyson Involved in Purchasing?  Punchout catalogs are websites that are maintained by a procurement vendor, In this model that would be you. These websites ar...

License Verification just got a lot easier...

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VERIFICATION CHECKS WITH GREATER FREQUENCY AND EFFICIENCY As the DSCSA requires you to Check with your trading partner directly to confirm they are authorized, or for manufacturers and repackagers, check FDA’s drug establishment registration database for registration. For wholesale distributors, third-party logistic providers and dispensers, you can check with your respective state authority to confirm licensure. But we all know the time and effort around collecting  and keeping this information update to date  Forget about the manual, time-consuming searches of multiple state and federal data sources. Through License Verify™, the same license information will be instantly verified and available through a single, comprehensive database. Legisym’s new License Verify™ is a comprehensive service for verifying pharmaceutical licensing across the nation. While the initial release is designed for performing state and federal license verifications, Legisym expects expansion to...