NetSuite Services for Biotech & Life Sciences
Streamline operations and accelerate growth with a NetSuite ecosystem designed with the unique needs of biotech and life sciences in mind. Complex financials, grant tracking, inventory, procurement, manufacturing, and strict regulatory and compliance all need to be tracked with data you can trust. Charted delivers tailored solutions for innovation-driven organizations, built on deep technical knowledge and agile methodology. From configuration to compliance, our team knows how to get the most out of your ERP.
Biotech and Life Sciences Capabilities
Financial Management & Automation
Automate key business processes with NetSuite’s robust financial management capabilities including core GL, AP/AR, and financial reporting. Support complex multi-entity and multi-currency operations while tracking grants and alternate funding sources.
Procure-to-Pay (P2P)
Streamline procurement, from requisition to vendor payments, while ensuring compliance and efficiency through automated approvals, vendor management, and spend control.
Order-to-Cash (O2C)
Manage the entire sales process from order entry and invoicing to revenue recognition. Ensure accurate billing and compliance with revenue standards like ASC 606.
Inventory & Lab Supply Management
Manage inventory across multiple locations with support for lot and serial tracking. Handle logistics, tracking, essential lab materials for research operations, and integrate to key lab management systems.
Project & Trial Management
Improve visibility into your clinical trials with the Charted NetSuite clinical trial solution or integrate seamlessly with your preferred third-party applications. Manage budgets, spending, and ensure real-time tracking of key data, all in one place.
Supply Chain & Commercialization
Go from R&D to market with complete control over complex biotech supply chains with NetSuite. Whether sourcing, production, and distribution, or handling demand planning, logistics coordination, and regulatory and quality compliance, Charted designs your NetSuite environment for growth.
Biotech Industry Consulting Experience
From pre-revenue to fully commercial, the Charted team understands the specific needs of biotech and life sciences organizations and how to implement NetSuite for all your needs.
NetSuite Certifications & Processes
Our consultants have deep biotech industry experience and are certified NetSuite professionals. We know the system, and the needs of the people using it.
Biotech and Life Science Solutions, Born from Consulting Roots
Leverage pre-built NetSuite solutions designed specifically for biotech and life sciences companies to manage reporting and clinical trials.
- Sunshine Act Report: Ensure transparency and regulatory compliance
- R&D Expense Tracking: Optimize budget allocation and improve project efficiency
- Contract Management and Financials: Seamlessly manage contracts and transactions
- Regulatory and Compliance Tools: Navigate regulatory complexities and maintain a comprehensive audit trail
- Clinical Trials Reporting: Maintain accuracy and compliance in trial data reporting
- Prendio Integration: Enhance procurement and sync operations with ease
- Board Reporting Package: Enable data-driven decisions with ready-to-deliver board reports
- Grant and Funding Management: Streamline administration with robust tracking and reporting
- Clinical Trial Revenue Recognition: Flexible % complete management for revenue accuracy
- Project/Trial P&L Management: Get visibility into trial profitability and spend
- Pre-Built Chart of Accounts: Tailored to biotech and life sciences
- Approval Workflows: Reduce administrative burden with automated approvals
Customer Success Story
Orchard Therapeutics sought a knowledgeable partner to guide them through an active NetSuite implementation as swiftly and as seamlessly as possible.
"Once it became clear that our implementation needed outside support, we selected Charted because they demonstrated they understood our situation and had been there before with clients."
— Kris Ward, Director of Procurement, Orchard Therapeutics
Your Biotech Firm Deserves Innovation Without Interruption
For organizations looking for expertise that understands more than just software, speak with one of our consultants about your next NetSuite project.