Biopharma companies face myriad challenges during the drug development process, so the right technology is essential to move new therapeutics from discovery and development to commercialization with as few roadblocks as possible. Replacing outdated legacy processes at all stages of the drug development process can ensure life sciences companies adhere to timelines and budgets, improving speed to market.
This playbook explores how implementing an enterprise resource planning (ERP) solution to capture data, track spending, improve communication, address bottlenecks and reduce risks accelerates the drug development process. It will show how a cloud-based ERP can help biopharma companies:
"Even relatively simple organizations have a lot of different data sources and different data processing tools, and making sure that you’ve got appropriate controls over them as you grow becomes a bigger risk and bigger task. The back office needs support as life sciences companies grow and become more sophisticated."
