E-Procurement Software for Biotech Firms

Procurement is the last thing you want to worry about. Biotech companies are under constant pressure to bring new products to market faster, and comply with ever more stringent regulations. So every minute your employees spend searching supplier catalogs, researching order status, or tracking down lost inventory steals from your core mission. But so does every dollar wasted on non-compliant spending. With Coupa e-Procurement, researchers can order what they need in seconds while purchasing professionals and finance retain complete control. Coupa tracks expenditures, ensures proper approval, and directs purchases to preferred suppliers. And Coupa frees your IT organization to focus on more strategic systems. That’s why more and more biotech/life sciences companies depend on Coupa e-Procurement to automate their procurement process.

We can now track which items employees order, what price they pay, and when they receive each order. With Coupa software, we don’t have the kind of Wild West purchasing environment that is so common at start-up companies.— Susie Truong, Director of Finance and Administration, Cequent Pharmaceuticals

Connectivity with Leading Suppliers Lets Researchers Place Orders in Seconds

Coupa e-Procurement is already pre-connected to VWR, Fisher-Scientific, Invitrogen, and a host of other specialty biotech suppliers. Researchers can order directly from supplier websites, while Coupa enforces proper approvals. Finance gets order-level visibility from requisition to receipt. Coupa also makes it easy to direct your spend to suppliers with the best pricing; whether negotiated individually or through the consortiums.

Complete Procure to Pay Automation Streamlines Your Procurement Process

Coupa e-Procurement replaces with automation the manual processes that waste researchers’ valuable time. This boosts productivity, reduces errors, and improves compliance to save you money. From requisition, approval, and purchase order creation to RFQs, quotations, receiving, inventory, and invoicing; Coupa takes care of procurement so you can take of your business.

On Demand Delivery Lets You Focus on Your Core Mission

Biotech companies are not in the eProcurement business. So why face the steep upfront license fees, big-ticket hardware, and huge maintainence burdens of traditional eProcurement systems? Coupa lifts these burdens with subscription-based pricing and easy-to-configure SaaS delivery. We maintain the solution for you, so you always have the latest capabilities. With Coupa, you can focus your IT resources on your company’s most strategic issues.

How It Works