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Evotec Gains Time and Efficiency in the Race for Better Medicine

Evotec leveraged the power of Coupa to gain control and support scientists in an environment of rapid business growth and rapid research change.

Company Overview

Evotec is a drug discovery and development company, working with leading pharmaceutical and biotech companies.

Headquarters

Hamburg, Germany

Employees

1,000 - 5,000

Website
evotec.com

Value as a service

70%
Reduction in PO Cycle Time
50%
of Purchases Now Self-Service
Millions
of Compounds Acquired More Rapidly

Challenge

Rapid expansion and project and location changes complicated procurement.

Constantly evolving experimentation meant continual new sourcing issues.

An outdated ERP system lacked control and ease of use.

Results

Increased operational speed accelerates the discovery process.

Pre-negotiated categories allow employees to self-approve spend.

UX makes supplier onboarding and scientists' ordering fast and easy.

Catalogs are updated automatically.

"Now we have full visibility and consistent control across locations, allowing us to maximize purchasing power while scaling for growth."
— Marcos Escuder, EVP, Head of Global Supply Chain

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