Oracle NetSuite
Biopharma Industry
Provide innovative drug companies, CRO/CDMO organizations, and medical device enterprises with an integrated cloud ERP platform connecting finance, supply chain, projects, and manufacturing—supporting compliant growth and scalable operations from startup to IPO.
Global R&D investment continues to grow, while capital dependency increases. Global expansion and international operations have become key growth drivers for biopharma companies. Industry specialization continues to deepen, making CRO/CDMO collaboration the mainstream operating model. Global regulatory compliance requirements, including FDA and EMA regulations and product serialization traceability, continue to evolve.
Lack of an integrated platform connecting business operations, finance, and project management makes seamless data flow, real-time analytics, and unified reporting difficult.
Milestone-based payment structures, frequent contract amendments, and complex revenue recognition create heavy invoicing workloads and increase operational risks.
Project cost allocation is complex, especially when managing indirect cost allocation rules alongside labor and material expenses, limiting granular cost analysis.
Large volumes of SKUs—especially chemicals requiring CAS numbers and molecular structure management—make inventory tracking and retrieval highly complex.
Enterprises must comply with GMP/GSP requirements for data integrity and process traceability while meeting strict CSV validation standards.
Integrated Business, Finance & Project Management Platform
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Seamlessly integrate business operations, finance, and project management within a unified platform to eliminate information silos and enable end-to-end visibility from quotation and project initiation to revenue recognition.
Global Collaboration & Flexible Scalability
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Support multi-subsidiary, multi-currency, and multi-language operations on a unified platform designed for rapid growth and global expansion.
Efficient Supply Chain Collaboration
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Integrate supplier lifecycle management and performance evaluation, optimize procurement workflows, improve inventory turnover through demand forecasting and intelligent replenishment, and enable collaboration with 3PL providers and CRO/CDMO partners.
Comprehensive Quality Management & GMP Compliance
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Provide a built-in quality management framework covering supplier qualification, incoming inspection, work-in-progress control, and finished goods release while ensuring full GMP compliance and auditability.
Financial Compliance & IPO Readiness
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Support multi-GAAP accounting, complete audit trails, and transparent financial management to meet internal control requirements and prepare enterprises for IPO readiness.
Project-Driven Operational Management
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Manage the full lifecycle of R&D and clinical projects, including budgeting, progress tracking, timesheets, and expense management, with real-time project cost visibility and profitability control.
Manufacturing & Outsourcing Management
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Support internal manufacturing for reagents, consumables, and medical devices while fully managing CMO/CDMO outsourced production processes—from outsourcing orders and consigned materials to consumption tracking, finished goods receipt, and cost settlement.
NetSuite EBP Bank Integration
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Leverage NetSuite EBP native capabilities to directly connect with banking systems, enabling automated bank reconciliation, real-time payment synchronization, and improved treasury management efficiency and accuracy.
TandemAI
TandemAI, as an AI-driven drug discovery company, requires integrated R&D lifecycle management, precise cost control, and global compliance reporting. This project standardizes R&D processes, unifies procurement and inventory, and enables project-finance integration—supporting global operations and improving both R&D efficiency and commercialization readiness.