Life Science Services

Accounting Services

The life science industry

can't be orphan from great Finance!

Whether your company is active in early phase, Research and Development (R&D) or you are service providers like consultants or CDMOs, our services adapt to your company and its growth, allowing you to focus on what you do best!

Start your activities like professionals with tools and services worthy of the most successful companies in the industry!

The Life Science Industry trusts SAP

Development of Assets and project management

  • Staff hours allocation.
  • Procurement and Goods management by project.
  • Allocation of 3rd parties costs by projects (consultants, CROs).
  • Clients billing by deliverables, milestones or by units (services).
  • Assets valuation in multiple accounting standards:
    • IFRS
    • USGAAP
    • US R&E Tax Credit
    • Swiss Tax I.P. Box Credit

Financial and Management Accounting simplified

  • Automatic bookkeeping of invoices and journals
  • Cash management and automatic payments
  • Automatic clients billing
  • Internal and External warehousing
  • Quality controls
  • Budgeting and forecasting
  • Statutory and Tax reporting (Value Added Tax – VAT)
  • Always compliant thanks to automatic updates and releases

User-friendly and interconnectivity

  • Mobile app to scan tickets for easy T&E management
  • Tailor made financial and management reports
  • No e-mails, works via notifications
  • Connectivity with 3rd party apps of industry leaders (process validation, LIMS, QMS, supply chain and many more)
  • Cloud database owned by you and transferable

LifeScience Services GmbH is a management consulting firm specialized in providing consulting and project management services to leading life sciences organizations. Located in the heart of Switzerland, in the canton of Zug, we offer a comprehensive range of services, including strategy consulting, digital transformation, operations consulting, business development, and commercial launch preparation, among others. Our team of expert partners brings extensive experience gained from leadership positions in the life sciences industry. We work closely with our clients to develop customized solutions that generate measurable impact and create value. Our mission at LifeScience Services is to provide high-quality and independent consulting services that have a positive impact on the patient journey. We are committed to making a meaningful difference and helping our clients succeed in the dynamic and evolving field of life sciences. As #GOATConsultants™, we are dedicated to providing nothing less than the best service.

It is critical for companies to start with the right foot in accounting & finance.

Life Sciences Services partners with SAP to offer an ERP that enable companies to enjoy all this features within a few clics. Research and development costs can be captured in multiple GAAPs, such as USGAAP, IFRS and local standards, and deliver different reports for management reporting, statutory filings, and tax books.

Flexible and scalable, we offer affordable services thanks to an ERP solution specially designed to fit the needs od start-ups and SMEs of the life sciences industry.

  1. Contract Duration

The minimum contract duration is one year. The contract is automatically renewed annually unless terminated by either party with two months’ notice. Monthly invoices are payable net 30 days, except for setup fees which are payable upon contract conclusion.

  1. Services Provided

We provide accounting services and access to our systems as a service (SAAS) in accordance with Swiss legislation.

  1. Termination

Contract termination must be made in writing and sent at least one year before the automatic renewal date.

  1. Data Protection and Confidentiality

We are committed to protecting our clients’ personal data in accordance with Swiss data protection legislation. All information provided by the client will be treated confidentially and will not be disclosed to third parties without the client’s explicit consent, unless required by law.

Download our brochure and basic price quote.