Connecting Prices Connecting Pharmacists

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Frequently Asked Questions

What is PriceGRID?

PriceGRID is an on-line pricing and ordering system for Pharmacists. It allows the pharmacist to easily compare the prices of Parallel Imports and Generics from different suppliers and provides them with features to enable them to easily create, store and send orders, thereby ensuring that every product is ordered from the best supplier.

Why should I use the PriceGRID system?

Using Pricegrid will ensure that every order you process is sent to the best supplier in an efficient and transparent process which is fully controlled by you. You and your staff can maintain visibility of every product, price, supplier and order in a way never before possible with the click of a button. You can be confident that you are achieving the best pricing without taking up all your time and recourses. Allocate your staff to other services within your pharmacy while you save time and money using PriceGRID. Take our no obligation free trial and decide for yourself.

How much does it cost?

There is a 30 day free no obligation trial, and after that the cost is £49.99+VAT per month. (That's roughly £2 per day for full control and confidence that you are ordering from the best supplier for each and every product)

How does PriceGRID work?

The PriceGRID system is a website accessed by Pharmacists and Suppliers. At your request Suppliers will load price-lists onto PriceGrid for you to see (you can also load pricelists directly into the system yourself). Typically these Pricelists are updated monthly, but can now be updated at any time to give you access to real-time pricing.

When you log onto PriceGRID you can view supplier lists to determine who has certain items and at what price. You can create and price an order to identify the cheapest supplier for every item you need and send these orders electronically. It's quick, simple and brings efficiency to your pharmacy at the click of a button.

How is PriceGRID different from other tools out there?

Using PriceGRID means you can choose the best lines from each and every supplier, every time you place an order. It:

  • Doesn't put any restrictions on which suppliers you can order from or the number of suppliers.
  • Allows you to load you own pricelists or tenders and view pricelists loaded for you by wholesalers, including monthly, weekly or daily specials.
  • Enables you to order, without constraint, any product for which a wholesaler provides a price.
  • Makes visible all the prices and suppliers of any product searched or any product in your order.
  • Enables you to transmit directly from your PMR system into a pricing system that puts YOU, the pharmacist, in full control of your ordering process, your pricing and to which wholesalers you select.

What is the basic functionality of PriceGRID?

At the click of a button, you can:

  • Load a pricelist or tender sent to you from a supplier (takes about 1 minute)
  • View pricelists loaded for you by your supplier(s)
  • Load an order – using excel files generated manually or automatically by your dispensing system, or transmit direct from your PMR system
  • Price order - Identify the best priced supplier for every item on the order (takes ~20 seconds for 100s of lines - you'll wish you'd been doing this for years)
  • Manipulate an order – identify cheaper pack sizes, instantly see the effect of including/excluding additional suppliers etc
  • Send an order – Transmit via your PMR system or fax/email the order directly from PriceGRID to the relevant suppliers
  • Manage an order after sending (re-price short lines etc)
  • View order history – orders are stored in order history ready for viewing at a later date or when delivery arrives

I negotiate directly with suppliers – how can PriceGRID be of benefit to me?

PriceGRID works perfectly in this scenario. It is physically impossible for someone to keep track of the prices of the thousands of items that wholesalers offer for sale each month but a computer can compare these prices in seconds. That makes PriceGRID an extremely useful tool to enable you to negotiate more effectively with your suppliers. Your negotiated pricelists are loaded into priceGRID and your orders priced against those supplier lists on a daily, weekly or monthly basis.

I am normally sent preferred price-lists by my suppliers – will I be able to access these prices on the PriceGRID system?

Yes. The system uses YOUR pricelists. These can either be loaded directly by the suppliers or you can load them yourself. What you see on PriceGRID are all the prices that each supplier has posted for YOU, as well as any other pricelists, tenders or special prices that you wish to load yourself. Your prices will be particular to your pharmacy and will not be the same as other pharmacies.

How long is the no obligation trial period?

The no obligation trial period is 30 days. We believe that you will see the value of PriceGRID after a one-month trial and wish that you had started using the service years ago.

Can I only order PI and Generic lines through the PriceGRID system?

No. ALL the product lines typically offered by wholesalers can be ordered through the system – this includes Dressings, Insulins, CDs, Nutritional and many OTC items.

What are the system requirements to install PriceGRID?

PriceGRID is a fully hosted solution. That means that all the processing takes place on a remote server. All you need to access this functionality is a web browser (e.g Internet Explorer, Google Chrome or Mozilla Firefox) on your PC or mobile device.

What is the background of the PriceGRID system?

PriceGRID was developed as a partnership between a Community Pharmacist and a Software Entrepreneur. There was a need to develop an automated process for selecting the most competitive prices for an order, which at best was being done using templates and spreadsheets and at worst was manually comparing prices from PLOF sheets. This automated process was the basis for the PriceGRID system, which was first deployed with customers in February 2006. The product has been continually refined over the years including the migration to a hosted Internet solution. The latest upgrades have included moving platform, streamlining the functionality and facilitating transmission of orders direct from your PMR system into PriceGRID. We are committed to continued innovation and strive to work with community pharmacists to stay at the forefront of technological developments. We would be welcome your feedback and suggestions.