Evotec Life Sciences

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Evotec Life Sciences

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
 

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An outdated ERP system lacked control and ease of use.

Solution

Coupa Procurement

Coupa Contracts

Result

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