Industry Details

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Biology

We provide tailored NetSuite solutions tailored for biology-focused organizations, including biotech, life sciences, research labs, and pharmaceutical companies. We understand the complex regulatory landscape, inventory challenges, and financial intricacies unique to this industry, ensuring your operations remain compliant, efficient, and scalable.

Compliance & Regulatory Tracking

  • FDA, ISO, GMP, HIPAA Compliance: Ensure processes align with strict regulatory standards for safety and data security.
  • Audit Trails & Documentation: Maintain detailed logs of batch records, lab testing, and quality control checks.
  • Clinical Trial & Research Compliance: Track study data and secure approvals for controlled substances.
  • GDPR & Data Protection: If handling patient or research data, ensure secure access and proper consent management.

Inventory & Laboratory Management

  • Lot & Serial Tracking: Enable traceability for biological samples, reagents, and pharmaceutical products.
  • Expiration & Stability Monitoring: Ensure accurate tracking of perishable materials and temperature-sensitive goods.
  • Lab Equipment & Maintenance Scheduling: Set up preventive maintenance alerts for high-value scientific instruments.
  • Hazardous Materials & Safety Compliance: Automate handling workflows for chemicals and biohazards.

R&D & Grant Management

  • Project Cost Tracking: Monitor funding, expenses, and time spent on research initiatives.
  • Intellectual Property (IP) & Patent Tracking: Organize R&D milestones and patent development timelines.
  • Grant Funding & Compliance: Track government and private funding sources, ensuring proper allocation.
  • Collaboration & Workflow Automation: Streamline research approvals and multi-team coordination.

Manufacturing & Quality Control

  • Batch Processing & Formulation Tracking: Monitor raw material usage and standardize production processes.
  • Lab Sample Testing & QC: Ensure compliance with good manufacturing and laboratory practices (GMP & GLP).
  • Yield & Variability Tracking: Analyze production efficiency and consistency across biological samples.

Multi-Entity & Global Operations

  • Multi-Subsidiary & Currency Support: Manage international lab locations, research partnerships, and funding sources.
  • Intercompany Transactions & Consolidations: Automate financial reporting across research institutions, biotech startups, and suppliers.

Financial & Profitability Reporting

  • Cost Allocations for Research & Development: Ensure accurate budget tracking for grants, government contracts, and private funding.
  • Deferred Revenue & Compliance: Align with ASC 606 revenue recognition standards for clinical trials and biotech services.
  • Multi-Dimensional Reporting: Generate financial insights based on research phases, clinical trials, or product development cycles.

Procurement & Supply Chain Optimization

  • Vendor & Supplier Qualification: Ensure sourcing meets ethical and regulatory requirements.
  • Cold Chain Logistics & Storage: Set up alerts for temperature-sensitive shipments of biological materials.
  • Automated Reordering & Demand Planning: Ensure continuous supply of lab reagents, DNA samples, and biotech materials.

Integration with Scientific & Lab Systems

  • Electronic Lab Notebooks (ELN) & LIMS Integration: Sync experimental data with financial records.
  • CRM & Clinical Trial Management: Track interactions with partners, patients, and research institutions.

We pay meticulous attention to critical areas such as FDA/GMP compliance, lot and serial tracking, grant and R&D cost management, and multi-entity financial reporting. Whether you need automated procurement for lab materials, real-time inventory monitoring for biological samples, or seamless integration with laboratory systems (LIMS & ELN), we configure NetSuite to support your scientific and business goals.

With a deep understanding of life sciences and a commitment to precision, we don’t just implement NetSuite—we optimize workflows, improve operational visibility, and accelerate innovation. Partner with us for a NetSuite solution built for the future of biology and scientific research.