Corporate IT - Streamlining Processes

With increasing pressures on all functional departments – R&D for a more successful pipeline, Supply Chain to check counterfeiting and Sales Force to influence physicians in an extensive competitive environment - Life Sciences companies are taking more initiatives to streamline various administrative activities to relieve pressure on individual departments.

Furthermore, Life Sciences companies are being more closely scrutinized than ever before by regulators and the public, following growing criticism about issues such as how pharma companies handle negative results from clinical trials, how they market and educate doctors, interact with researchers etc. Therefore, the role of Corporate IT has now become more crucial to streamline and regulate administrative processes such as Payroll and Finance, SOX compliance reporting, Human Resource management, Time Sheets, Travel and Expenses management, Budgeting & Forecasting across the organization and make the processes a lot more efficient.

With most of the Life Sciences companies having global operations and many of their activities spread across different regions, it is imperative to integrate these activities and at the same time customize them according to the local requirements.

Satyam’s experience spans the entire Corporate IT activities with successful implementations of HRMS, Accounts Payable and Travel & Expense system, Financial Performance management system and Budgeting & Forecasting systems for many leading Life Sciences companies.

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