Whereas building a proper technical infrastructure used to require an expensive on-site set-up with costly servers, regular maintenance and a well-trained personnel of IT employees, cloud ERP solutions are now revolutionizing the industry. By providing clinical trial companies with an already established infrastructure, NetSuite's cloud ERP functionality saves on numerous costs, and implements
- intelligent workflows,
- flexible business rules,
- 360 views of all operations,
- an overview of global providers,
- and a sophisticated data management system.
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But it doesn’t end there. Many major Life Science companies are evolving with cloud technology to:
- Monitor trials remotely
- Avoid unnecessary and time-consuming spreadsheets
- Record participant information
- Adhere to compliance laws like HIPAA
- Manage budgetary constraints
- Have access to real-time information
- Identify areas requiring additional resources
- and reduce manual labor
Did you know that only 10 percent of the drugs started in human clinical trials become approved?
As a Life Science company that runs clinical trials, you know how costly and difficult it can be to budget and monitor all the data. Don’t let your trials be affected by unnecessary obstacles like antiquated systems and costly manual labor. Our technical Gurus are experienced partners who’ve helped many distinguished companies in the Life Science industry, and they want you to know that NetSuite’s cloud ERP solutions can help your clinical trial through its long and elaborate process.
