Our templated pharma ERP solution features contract accruals automation and approval, delegation of authority workflows, supply-chain connection, and more.
Industry-Specific Solutions, Optimized for Pharma
AdaptaLogix understands that outdated, one-size-fits-all accounting systems can’t adequately address pharma-specific needs and lack Tier 1 solutions for many companies, especially those researching rare and orphan diseases. By enhancing the base NetSuite platform with industry-specific solutions, we help you meet your global financials needs.
Key Features
Multi-Entity and Multi-Currency Reporting
Automate your consolidations and eliminations across all entities and currencies. Currently, our NetSuite system supports statutory reporting for more than 110 countries.
Procure to Pay
Seamlessly integrate purchasing and accounts payable processes, and quickly approve transactions and make payments with ease.
Contract Management
Our contract expense accrual management module automates labor-intensive accrual methodologies, allows for direct input, directs connection into contract lifecycle management, and syncs solutions right into deliverables.
SOX Compliance
Sarbanes-Oxley (SOX) compliance is standard for every financial deployment we offer. We can segregate duties and offer delegation of authority/authority matrix, audit support, integrated controls, and more to make compliance maintenance easier than ever.
Approval Modules
Our approval modules offer access to transactions, entity records, new vendors, general ledger accounts, and more. You’ll easily see which approvals are outstanding, overdue, or completed—without having to search for the information.
Advanced Reporting
Our advanced reporting system is specifically optimized for pharma, meaning all of your information is neatly collated and contained in one place. You can review your financial reports in a variety of ways, including by class, department, candidate, indication, lab, and more.
“Forge Biologics selected AdaptaLogix as our NetSuite implementation partner because of their deep biotech experience. The AdaptaLogix team already knows and understands the issues important to our organization and have helped us avoid problems other integrators wouldn’t have even been aware of. We didn’t have to ‘train’ AdaptaLogix on our processes—on the contrary, they helped us refine and implement best practices that make us more effective and enable us to deliver greater value and higher quality for our clients.”
Steve Goden, Senior Vice President, Forge Biologics
“James's experience and the team's experience at AdaptaLogix certainly helps. I mean, they understand the nuances of the pharmaceutical industry and our business model. They help design and tailor the system to meet our current needs, always with an eye towards what the company will need in the future, certainly as we hope to approach commercialization as a company. Really, that experience and guidance is invaluable in an ERP implementation.”
Chris Degnan, CFO, Galera Therapeutics
“I think the biggest benefit for us is the knowledge that AdaptaLogix provides. Their team has a lot of experience within the pharma industry. We really value their consulting advice, and they always have solutions to any problems that we run into. They're extremely helpful, as well, when we're deciding on any system enhancements or upgrades. Specifically, because AdaptaLogix works with a lot of clients who are similar to us, they're able to provide us with input on what has worked well for companies who are in a similar position to us.”
Lauren Piunti, Associate Director of Finance and Operations, Nabriva Therapeutics
Check out our recent blogs & content in the resource library
