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A novel digital operations platform that was designed to meet the unique needs of pre-revenue life science companies.
“ERP systems don't exist in a silo. We've put together a solution that supports pre-revenue life sciences companies through their startup journeys and allow them to enable more functions as they grow and scale.” --BK Srinivas, VP Enterprise Solutions, Jade Global.
Life Sciences is a crucial sector as it creates products and services that offer us a better quality of life. A pre-revenue and small business life science company will have a lot on its plate. That include going public, raising funds, successfully finishing stage II clinical R&D trials and preparing for commercial launch, among others.
Checking off all these boxes require an integrated cloud platform that can efficiently manage costs and operational requirements involving clinical trials, project management, planning and budgeting, financial reporting, inventory management, clinical supply chain, procurement, human resources (HR), and payroll.
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Doing away with the age-old system
Most companies are running on QuickBooks, spreadsheets, paper and other manual systems. The current pandemic situation has made it imperative for life science companies to reimagine on how they conduct business, service their customers, manage remote workforces, and comply with ever-changing regulations.
Jade Global offers solutions that life science companies can either use it as a bundle or an a la carte. A multifaceted Digital Operations Platform (DOP) that integrates directly with NetSuite Cloud ERP has been created keeping in the unique needs of pre-revenue life science companies. Jade Global has built a solution that interacts directly with each phase of product development.
Why make the move to NetSuite ERP?
The benefits of NetSuite Cloud ERP + Jade Global’s Digital Operations Platform
It has been long overdue for life science organizations to move from monolithic legacy systems to gain a competitive advantage. Jade Global helps pre-revenue life science companies to realise this through workflow automation, elimination of manual tasks, and streamlining processes that previously required assistance from multiple vendors.
Single Vendor Coordination and Improved Financial Performance
By making the shift to NetSuite cloud ERP, life sciences companies can boost team collaboration, increase visibility into supply chain operations, and even offer better customer service while improving financial performance and saving costs by consolidating technology, while coordinating with just one vendor for all enterprise needs.
Democratisation of Technology
The Digital Operations Platform can cut companies’ supply chain operational expenses by 50%, mainly due to the streamlined communication and data-sharing methods that the solution supports.
A Single Unified Solution:
Jade Global’s industry specific Digital Operations Platform extends the power and functionality of NetSuite Cloud ERP to life science entities to manage both clinical and business operations through a single solution.
The platform enables organizations to deploy the features and functionality they need in an economical way to reduce their TCO, accelerate time-to-value, and improve alignment of people, processes and technology.
NetSuite ERP platform with its automated workflow gives the freedom of being less dependent on internal IT staff. Through a dashboard and a host of reports and analytics available through NetSuite ERP, the health of the company can be monitored real-time.
Powerful ERP Foundation:
Our preconfigured industry solution built on Oracle Fusion Cloud technology is a highly responsive, scalable, and secure foundation that helps life science organizations accelerate adoption of their digital transformation initiatives.
Meeting Integration Needs:
Through a tight integration with contract manufacturers and real-time visibility into their operations and inventory, the platform provides a solution that enables life science companies to plan, package, label, and manage logistics that go into getting products from the manufacturer to the patients.
Pre-Configured Digital Operations Platform (DOP) to accelerate business outcomes
When combined with NetSuite Cloud ERP, the Digital Operations Platform provides these key functionalities:
• Financials (accounting, reporting, inter-company transactions, etc.)
• Distribution and logistics (sourcing and supplier registration, global purchasing, catalog management)
• Planning and manufacturing (forecasting, planning, and scheduling)
• R&D projects (planning, budgeting, and allocation)
• Sales and Channel management (opportunity and pipeline management, lead capture and qualification)
Jade Global’s Phased, Stairway Approach
Jade Global’s phased implementation approach provides customers with a wealth of flexibility in terms of how they adopt an ERP system for their operations. We deliver great value to you by efficiently implementing only the modules that you need in the specific point in your lifecycle. Also, we help in the transition from a simple and time-saving data conversion to a comprehensive system implementation and support, that will ensure a profitable business model. Our approach to implementation will drastically reduce the time, effort and risks involved in implementing the modules in one go.
To stay relevant and ahead of the pack, life science companies need a cloud ERP and industry-specific platform that was built with them in mind. NetSuite ERP will help life science companies achieve the speed, agility, and scale they need to make it over the finish line.