NetSuite for Life Sciences: Powering Growth and Productivity
NetSuite ERP empowers life science companies with full-service features they need
Why NetSuite for Life Sciences?
NetSuite for Life Sciences is an exceptional ERP solution for small to medium-sized life science companies, including biotech and pharmaceutical companies. It provides a comprehensive solution that wraps all financials, fund management, quality control, supply chain management, and manufacturing into a single, highly accessible, and efficient ERP package. As a cloud-based solution, life science companies benefit from NetSuite's powerful functionality and ease of use.
Contact Seller Universe today to learn how we can help you take full advantage of these features.
NetSuiteLife ScienceFeatures
Process Automation
One of the core benefits of NetSuite for life sciences is the ability to automate many of the functions of the business, including any repetitive tasks slowing down employees and introducing key errors. With this solution, it’s possible to automate all financial controls, improve operations, and manage the books with precision and speed.
Supply Chain Management
NetSuite enables life science companies to gain a clear and comprehensive view of their entire supply chain. That can help create real-time visibility into the functionality of the company at any given time. It empowers better control over inventory, provides better quality control measures, and streamlines the entire procurement process. It’s also fully customizable.
Flexibility and Versatility
Every life science company is different. With NetSuite, it’s possible to adapt the ERP to fit the specific profile and needs of your organization. This includes managing the entire production process, from prototyping to R&D to developing a market-ready product. It adapts to the stage of operation you are in at any given time.
Funding Management Easily
NetSuite for life sciences is profoundly effective in helping companies manage the grant and funding process. It is a preferred tool for its easy ability to be audited, and it provides access to detailed information in clear, easy-to-understand reports. This can help companies obtain the funding they need and keep investors interested.
Comprehensive Reporting
Life science companies can utilize NetSuite for its in-depth, highly detailed reporting solutions. This includes providing key oversight for specific KPIs, managing projects with in-depth detail, and building exceptional dashboards customized to fit the company’s needs, keeping valuable data at your fingertips whenever you need it.
Standardization for Efficiency
NetSuite works with life science companies to meet all needs. It standardizes lot control and compliance to reduce risk and enable proficiency. It is also designed to provide multiple entity management and consolidation. While doing so, it also delivers real-time and accurate inventory visibility, ensuring a reduction in delays. It saves companies time and money as a result.
Don't just take our word for it.
Hear it from our customers.
"Your team has been a 95/100.
Absolutely solid with our NetSuite implementation."
Juan Paul Ramirez
Chief Technology
OfficerBoosted Commerce
“Your team has been professional, and flexible. They have really demonstrated their expertise. All departments have given good feedback, particularly (our) supply chain who is a key stakeholder, has been really impressed."
Raj Ramoutar
Supply Chain Director
Olsam Group
“I just wanted to comment as well on how impressed we were with these images. The look/feel of them is way better than what we had. To be honest, we are going to copy this format and update our other listings moving forward. Good job."
Mike Jackness
President & CEO
Terran
Grow your Business with SUEG & NetSuite
HowLife ScienceCan Benefit from NetSuite
Product and Project Planning Streamlined
Core to the benefits NetSuite offers life science companies is the ability to grow over time, from idea to completion. With full project planning tools, it is possible to oversee the entire process with ease, including the discovery process, scoping, solution development, and development of the final project, all in one cohesive way.
Comprehensive View with True Cloud Functionality
In the life sciences, companies often need exceptional access to their data in real time from any location. As a true cloud-based ERP, NetSuite is an empowering solution. It enables system design and configuration, data migration, testing, and full solutions in the cloud, keeping companies on track for achieving their goals. For organizations with complex operations or those that want to expand globally, NetSuite makes that possible.
Improve Visibility and Remain Agile
For many companies in this industry, being agile continues to be critical but complex. With the support and tools provided by NetSuite for life sciences, it is possible to create a streamlined solution that meets the ongoing needs of companies. This includes improving visibility at all stages of the process, including resource planning, manufacturing, development, and launching. It also ensures the supply chain is comprehensively managed, minimizing mistakes and ensuring results.
Full-Service Features for All Needs
Today’s life science companies need access to robust tools and resources that create a fully visible and functional system without complications from third-party tools. With NetSuite, companies gain access to advanced financing and accounting tools, full supply chain management resources, batch and lot tracking, human capital management, and procurement. It aids in the proper management of documentation, process management, and quality assurance while keeping costs in line with objectives.
Reduce Implementation Time
NetSuite for life sciences delivers on its promises. It is capable of helping companies see a significant 80% reduction in the time it takes to implement your solution compared to other standard solutions in the industry. For companies that are ready to expand, who have aggressive revenue targets, and who are outgrowing their current tech stack, NetSuite offers a reliable, long-term solution that’s easy to implement and begin using immediately.
NetSuite Implementation Process
Project Planning and Discovery
We’ll work with your team to identify the current state of your data, the ideal state for going live on NetSuite, and how we’ll get from A to Z. This phase of the NetSuite implementation will involve discovery, scoping, and solutions architecture.
System Design
Based on the agreed upon requirements and vision, our team of NetSuite implementation consultants with setup, configure, and optimize NetSuite.
Data Migration
Whether you’re migrating off of spreadsheets, QuickBooks, or any other collection of systems, we’ll take a secure and low-risk approach to migrating your data to NetSuite. We’ll preserve historical data and adhere to strict security standards.
Testing
To ensure a successful go-live, we’ll work with your team to ensure that all key aspects of the NetSuite implementation are set up and working properly including dashboards, workflows, integrations, logic and more.
User Training
Enabling your team is key to adoption to a new system. We’ll make sure staff members know what they need to do and how they need to do it so you can hit the ground running with your new ERP.
Go Live
Ready, set, go-live! We’ll get your business live on NetSuite while ensuring a seamless transition from the old system.
Post Go-Live Support
Post go-live, your team might identify areas for improvement or optimization that were not identified in the project planning phase. Our NetSuite consultants can provide any post-implementation support to get you exactly where you need to be.
Don't just take our word for it.
Hear it from our customers.
"We had a tight window to leverage our product and we needed a team who was able to execute quickly and effectively. You were that team."
Derek Diehl
Director of Ecommerce
Anovus
“I've been super happy with the work.”
Leo Trottier
Founder and CEO
FluentPet