Life Sciences

//Life Sciences
Life Sciences2018-09-12T14:47:18+00:00

Life Sciences, slash your admin time with Royalty Rec – a lightning fast solution for royalty payments. Part of your new intelligent back office suite.

“Life science CIOs have an opportunity to accelerate digital capabilities in their enterprise by adopting well-built cloud solutions.” Gartner 2017

We know you are agile and innovative with very high productivity compared to other sectors, but are your back office systems slowing you down?  Could you get your products to market quicker if you had a more accurate view of the whole process? Could you scale faster with more reliable financial reporting?

Working in a global economy – how easy is it for you to stay compliant with strict regulations across international borders? What about royalties and patents –  how long does it take to make complex calcualtions and payments? Our Intelligent ERP – SAP‘s Business ByDesign with built in Royalty Rec will slash your reporting time, resolving back office issues in one, fast to implement, fixed price solution.

Better investor relations

Control the information accurately and with keen insights – giving investors’ confidence in the business.

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Real time analytics and KPI’s

See at a glance, your key performance indicators. Be able to make quick decisions based on factual and real-time data. Focus on development not IT systems.

Collaboration & Innovation

Collaborate easily at all stages of development and share innovation quickly through any device using Cloud Apps. Focus on improving patient outcomes and helping people rather than deciphering spreadsheets.

IoT, process management & compliance

Meet essential quality, legal and regulatory requirements easily. Best practice as standard for admin and financial processes leaving you quick to adapt to any new regulations and customer demands.

Royalty/patent reconciliation

Save weeks of reconciliations with our exclusive RoyaltyRec royalties and patent payment system.  Simplify complex billing and payments to accurately allocate all royalties and patent transactions in one easy to use report.

Challenges for the Life Science companies

Lack of long term investment
Move towards outcome based measurements
Speed to market for new products
Global economy but regional variations on compliance

Key Benefits

Connect people, processes and data to get the work done faster

Save Time & Money by automating repeatable processes

End to End Integration makes all your business processes visible

Industry Specific Expertise – our consultants know your field

Rapid Cost-Effective Deployment – In Cloud Solutions best-practice approach cuts implementation time

Scalability Ensured – add users and functionality as you go – this is a solution that grows with your business

Partner with a name you can trust – backed by the SAP global brand

Reliable SupportIn Cloud Solutions offers on-going support for maximum Return on Investment

97% of the life sciences firms in the Forbes Global 2000 are SAP Customers

“SAP Business ByDesign multiplies the capabilities of our finances and project teams while improving the efficiency of critical processes and reporting. By reducing the time spend on administration, we can concentrate more on scientific activities that can advance the development of life saving vaccines.”       

– Dr Odile Leroy, Executive Director European Vaccine Initiative

Download the SAP’s Business ByDesign for Life Sciences PDF

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