E-Procurement for Life Sciences

Coupa’s web-based purchasing system helps life sciences companies supply laboratories and launch operations quickly. Coupa helps rein in research costs and provides visibility into spending. Coupa’s biotech and life sciences customers have cast aside manual, labor-intensive purchasing processes for something far easier. They’ve gained efficiency and insight, and ensured that researchers focus on innovation, and not on “playing detective” searching for supplies.

Don’t Tolerate Procurement Delays

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 of the spend. Coupa tracks expenditures, ensures proper approval, and directs purchases to preferred suppliers. And Coupa frees your IT organization to focus on other projects. That’s why more and more biotech/life sciences companies depend on Coupa e-Procurement to automate their procurement process.

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 industry consortia.

Complete Procure to Pay Automation Streamlines Your Purchasing Process

Coupa e-Procurement replaces the manual processes that waste researchers’ valuable time with automation. This boosts productivity, reduces errors, improves compliance, and saves the organization 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 benefit from the latest capabilities.