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How a Global Consumer Company Leveraged freya Fusion Platform to Stay Compliant and Ahead of Regulatory Changes
- Abstract
- Problem Statement:
Discover how a leading EU-based multinational CHC company overcame regulatory challenges across 50 countries. Struggling with inadequate vendor services and non-compliance risks, they sought a unified platform for faster decision-making. Freyr's end-to-end Regulatory Intelligence support revolutionized their approach, ensuring timely compliance, reduced costs and market readiness.
- Lack of clear processes and frameworks hampered effective management of global regulatory intelligence (RI) data.
- Limited in-house regulatory expertise led to escalating consultant costs due to reliance on external support.
- Deluge of information from existing service providers often lacked relevant, actionable intelligence for informed decision-making.
- Increasing complexity of regulatory requirements impeded faster decision-making, highlighting the need for improved regulatory management strategies and capabilities.
