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A Clinical Phase Pharmaceutical Companys Transition from QuickBooks - Case Study

Client: Discovery through early clinical phase pharmaceutical company

Client's Goals: Replacing QuickBooks with NetSuite, enterprise resource planning (ERP) project management, and change management

Our Team's Role: Adjustment of the project scope to meet an aggressive timeline that required close management and precise execution


A cutting-edge pharmaceutical company that develops best-in-class targeted radiotherapies for the treatment of cancer needed an agile system to manage tremendous growth and discovery. Citrin Cooperman served as the technology implementor and advisor, adjusting the project scope to meet an aggressive timeline for a NetSuite implementation. Moving through the phases from trials to production requires skillful management supported by modern platforms that facilitate rapid decision making. Therefore, NetSuite had to manage the entire lifecycle and aggregate data at the company level in order to be an effective solution.

Challenges

  • QuickBooks does not have the flexibility to manage a business that is managing products in the trial phase and production at the same time.
  • A compressed timeline required Citrin Cooperman’s Digital Services Practice to balance scope in order to meet the target go-live date while still providing value.

Results

  • Citrin Cooperman professionals launched the Stairway Approach to establish the framework for continued growth.
  • Our team adjusted their level of support to account for the client's small team, which will grow with the business.

Key Benefits

  • The strategic approach produced a project plan with the future in mind, increased speed to value with a phased approach, and established a roadmap to achieve a long-term revenue stream.
  • Successful execution of the first phase facilitated greater technology implementation, such as an integration with Quartzy, a specialty lab procurement solution.
  • The company is equipped with a scalable platform with enhanced financial and operational functionality.

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