SAP for Life Sciences Companies

While the life sciences industry may encompass a broad range of subindustries from pharmaceuticals to biomedical engineering, many of the applicable modules are similar. 

Below, we touch on some of the specific solutions that SAP can provide life science companies. 

SAP Solutions for Life Sciences

RISE with SAP 

RISE with SAP provides customers with complete business transformation as a service (BTaaS) in a single package. At its core are SAP S/4HANA Cloud, business process intelligence, technology credits, and more. With RISE with SAP, SAP is responsible for the holistic service-level agreement, cloud operations, and technical support.  

SAP Process Control & SAP Risk Management 

These offerings automate compliance, control, and risk analysis to assist with global regulatory compliance. This includes processes like international trade management, controls and compliance management, automated monitoring and screening, audit management, and enterprise risk management. As an automated management software, SAP helps companies mitigate logistics challenges, like those that stemmed from the COVID-19 pandemic. 

SAP Enterprise Portfolio and Project Management 

SAP Enterprise Portfolio and Project Management allows businesses to manage commercial projects, portfolios, and project resources in the same place. The increasing complexity of modern business tasks, especially as technologies like 5G allow distinct business functions to be housed separately, means that there needs to be centralized software for managing all projects. SAP makes it easy for firms to unite all ongoing tasks within one virtual platform.

SAP Clinical Trial Supply Chian Management

This application automates clinical supplies processes as well as global supplies statuses for increased efficiency, real-time visibility, and flexibility. Global supply chain issues are affecting the life sciences industry as a result of COVID-19. Increased visibility and efficiency on clinical supplies logistics via SAP’s platform allow for companies to gain an edge over competitors. 

SAP SuccessFactors 

This application streamlines human resource processes. It can be used to manage compensation, learning and training, employee satisfaction, performance and goals, hiring, and talent retention. Talent shortages across the life sciences industry prove the need for capable HR software. SAP allows companies to hire and retain the employees needed for operational success.   

Clarkston’s Cellular Therapy Orchestration (CTOP) 

This application, built atop SAP’s digital core technology, and owned by Clarkston Consulting, can be used for patient scheduling for apheresis, manufacturing, and infusion. It tracks the full life cycle of the process, from patient scheduling to collection, transit to clinic and infusion.

SAP’s Batch Release Hub 

This solution enables life sciences companies to make data-based batch release decisions with lean, efficient, and streamlined processes, leading to reduced effort and risk in complying with life sciences regulations. 

For more information on SAP solutions for life sciences companies, reach out to our team at BCTG. 

This piece was originally published by a partner in our business ecosystem, Crescense. Learn more about Crescense here.