Life Sciences Life Sciences
Life Sciences
Due to regulatory compliance requirements, life science industry production, sales, supply chain and other businesses have unique complexity. How to use innovative digital technology to control complex business, break the inter-departmental data island, a
Industry Characteristics
Large R&D Investment
The cycle from research and development to market launch is long and the investment in research and development is huge. The requirements for product project life cycle management and project research and development management are higher than those in general industries.

Strict supervision
Not only in the research and development link, but also in sales, promotion, circulation and other links there are strict requirements. With the implementation of new regulations such as the two-invoice system, enterprises need to quickly adjust business logic to meet compliance requirements.

Huge amount of complex data.
In addition to general business operations such as production, sales, and inventory, life science enterprises, especially pharmaceutical enterprises, often have flow data platforms. The data is complex and there are extremely high requirements for data quality.
Integrated EPM supports high regulatory compliance requirements

Life science enterprises such as those in pharmaceuticals, medical devices, and biotechnology are the most strictly regulated industries globally. In product life cycle management, the regulatory requirements for drug approval require strict approval by regulatory agencies and a large number of experiments, and the cycle from research and development to market launch is long.

In the sales, production, and circulation links, life science enterprises also face strict regulatory requirements. They not only need to accurately restore the enterprise's operating conditions but also integrate enterprise sales, production, and flow data to achieve transparent and traceable product circulation links and meet regulatory requirements.

Therefore, enterprises need an enterprise performance management platform that can be seamlessly integrated into a complex IT environment and integrate complex data sources to help enterprises achieve full-link coverage from research and development to sales.

With the help of Keyfunc, we have implemented a data-driven comprehensive budget management model. Through data integration with various business and financial systems, we have greatly enhanced the granularity of our revenue and expenditure situation and profit analysis, providing reliable data support for business decisions.
—— TRAUSON

Full-cycle Planning Platform of R&D, Production And Distribution

Keyfunc can cover decision-making, planning, and analysis throughout the entire cycle from research and development to production and then to distribution, realizing the integration of business and finance across the entire enterprise value chain. At the research and development end, Keyfunc can help you plan research and development test resources, automatically allocate and manage project costs, and comprehensively, in real time, and automatically generate multi-dimensional analysis reports.

At the production end, through integration with business systems such as ERP, SCM, and MES, based on a unified and trusted data source, various reports such as production, sales, and procurement are generated to provide you with a 360-degree view and real-time monitoring of key factors such as supplier bottlenecks, production plans, and operation and maintenance costs.

At the distribution end, with the powerful computing power of Keyfunc, it can easily handle massive flow data, help you build a more refined and reasonable assessment system, and can drill down into data in real time to analyze the enterprise's sales situation from multiple dimensions such as regions, products, and channels.

Resources

Visit our resource library to find detailed customer stories,product white paper and industry consulting report
Request Demo