In a rapidly evolving biotech industry, SAP Business ByDesign ERP provides a flexible and scalable solution to overcome limitations, streamline operations, and support informed decision-making with real-time data.
Overcoming Limitations and Streamlining Operations
As the biotech industry changes rapidly, Biotechnology Organizations must implement solutions to overcome limitations and reconnect business systems that block their growth potential. Companies require a system that to use across the entire organization, from daily operations to management, enabling decision-making based on real-time data.
Implementing Industry Best Practices
SAP Business ByDesign ERP is flexible and scalable to help companies implement industry best practices at a competitive cost. It provides clear dashboards useful for cooperation, publications and for presentations in real-time. It eliminates the need for management to spend days assembling data for presentations.
Efficient Project Management and R&D Cost Capture
In the life sciences industry, SAP ByDesign offers great capabilities and benefits for companies. Efficient and integrated molecules project management with real-time dashboards to track progress and identify risks. Also, R&D costs are captured using multiple GAAP requirements for management reporting, statutory filings, and tax books. And specific configuration by asset contributes to a clear, auditable and real-time valuation of the asset.
Seamless Integration and Investor Appeal
Leading SaaS companies in the life sciences industry, particularly in lab management and validation, have specific applications which integrate easily thanks to the “click not code” concept. SAP Business ByDesign ERP is highly valued by investors and plays a decisive role in acquisitions and mergers because of its compliance and risk management modules, making it a must-have for best practices.
Essential Tool for Growth
SAP Business ByDesign ERP stands out as the best in class tool for life sciences companies, because it offers comprehensive and integrated solutions that streamline operations, enhance decision-making and facilitate growth. Also, its ability to provide real-time data and seamless integration with other applications makes it an invaluable asset for companies looking to stay competitive in a rapidly evolving industry.
SAP talks about us!
Ichnos Sciences, a biotechnology company focused on oncology and autoimmune diseases, successfully implemented SAP Business ByDesign with the support of LifeScience Services. This no-code, scalable ERP system has been instrumental in their operations.
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