Pharmaceutical and medical device companies are facing tremendous pressure to reduce risk and increase performance. Source-to-pay (S2P) automation can contribute to a healthy bottom line.
By automating S2P processes with Direct Commerce, life sciences companies can achieve a more strategic, growth mindset, while focusing more energy on getting breakthrough medical treatments to market faster.
Streamlining workflows and channeling suppliers through a centralized portal makes it easy to standardize procurement, pricing, and payments, quickly bring on new offices or business units, and save millions of dollars a year through operational efficiencies and discounted payments.
Designed to help life sciences companies compete more effectively, the Direct Commerce Life Sciences Automation Suite enables the rapid integration of state-of-the-art automation across the existing business environment.
Electronic invoice processing capacity
Supplier adoption
Typical reduction in inventory errors
Potential resource reallocation via help desk automation
Time reduction for month-end close
Expected cost savings from dynamic discounting