Financial Operations for Pharma & Life Sciences.

Distributor payments, stockist settlements, MR expense management, clinical trial disbursements, Schedule H/X compliance, and multi-state GST for pharmaceutical companies.

Multi-state
GST compliant
Distributor
Auto-settlement
Schedule H
Audit-ready
MR Expense
Automated
✗ The Problem

What you're dealing with today

✗Distributor and stockist payments across 200+ partners in every state with different credit terms and GST rates
✗Medical Representative expense claims processed manually - field team submitting paper forms weeks late
✗Schedule H and X drug sale documentation required for each transaction but maintained in paper files
✗Clinical trial site payments and investigator honoraria require separate bank accounts and complex TDS treatment
✗Multi-state GST with reverse charge, exemptions for certain drug categories adds compliance complexity
✗Chargeback and return debit notes from distributors reconcile with 30-45 day lag
✓ SpacePe Solution

How SpacePe fixes it

✓Distributor payment management with credit term tracking, bulk settlement, and auto TDS per distributor classification
✓Digital MR expense system - field app submission, manager approval, auto-processed payment via bank
✓Schedule H/X transaction logs auto-captured in 170+ audit format for regulatory inspection
✓Clinical trial disbursement with dedicated virtual accounts per site, investigator TDS handling
✓Multi-state GST automation with drug-category exemption rules and reverse charge handling
✓Distributor debit note reconciliation with sales return matching and auto-credit note generation

Purpose-built for Pharma

Not generic finance software. Every feature built around how your industry actually operates.

🏭

Distributor Settlement

Bulk payments to 200+ distributors and stockists with credit term tracking, payment schedules, auto TDS per vendor classification, and settlement statements.

📱

MR Expense Management

Field app for medical representatives to submit claims with receipts. GPS verification for HCP visits. Manager approval workflow. Auto-payment on approval.

📋

Schedule H/X Compliance

Auto-log all Schedule H and X drug transactions with batch numbers, buyer details, and quantity. One-click export for CDSCO or state drug inspector.

🔬

Clinical Trial Finance

Virtual accounts per clinical trial site. Investigator honoraria with professional TDS. CRO payment management. Ethics committee fee tracking.

⚖️

Multi-State GST

Drug-category-wise GST rates. Exemptions for essential medicines. Reverse charge for certain categories. Multi-state GSTIN management.

🔄

Return & Chargeback Management

Match distributor return notes to original invoices. Process credit notes. Track chargeback claims with validation against approved schemes.

Step-by-step workflow

1
Configure distributor registry with credit terms and TDS classification
2
Process monthly distributor settlements with auto deductions
3
Collect MR expense claims via field app
4
Run Schedule H/X audit log for regulatory compliance
5
Generate multi-state GST returns
6
Reconcile distributor returns and chargeback claims
"

MR expense processing went from 45 days to 3 days. The Schedule H audit logs alone eliminated our biggest compliance headache.

- Finance Head, Mid-size Pharma Company

Everything activated for this industry

Vendor Payments
Expenses
Compliance
Tax
Analytics
KYC
Treasury
Clinical Finance
Yes Bank ★
IDFC First Bank ★
RBL Bank ★
SBI
ICICI Bank
Bank of Baroda
PNB
HDFC Bank
Bandhan Bank
AU Small Finance Bank

★ Deep Integration Partners - Direct API connectivity

Get an industry demo for Pharma

We'll show you exactly how SpacePe works for your specific use case.

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