Evotec Life Sciences
Customers / Evotec Life Sciences
Industry
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
Customer Website
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An outdated ERP system lacked control and ease of use.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
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.
