A leading medicine company collaborated with Jade Global for NetSuite implementation to streamline their operations and enhance efficiency. As a trusted NetSuite implementation partner, Jade Global helped them embark on a transformative journey, transitioning from disparate systems like QuickBooks, Point Purchasing, and Bill.com. With NetSuite ERP as the central system, integrated with Tradecentric and Kanverse, the medicine company automated processes, improved compliance, and achieved significant business outcomes.

Industry: Precision Medicine

Specialization: Pioneering in computational and machine learning for drug discovery, primarily in oncology and immunology.

Collaboration: Partnership with AbbVie for drug discovery targets.

About the Client

The client is a leading medicine company that leverages a proprietary platform to develop novel therapies against disease-causing proteins that were previously considered undruggable.

The company was founded in 2018 by a team of experts in chemoproteomics, covalent drug discovery, and machine learning, with the vision of boldly advancing science to defeat disease.

The client has a pipeline of programs focused on oncology and immunology, as well as a strategic collaboration with AbbVie to discover and develop small molecule therapeutics for selecting targets.

Business Requirements

Our client collaborated with us for the NetSuite Implementation project, aiming to fulfill the following requirements:

  • Goal: To overhaul and streamline business processes for enhanced efficiency, scalability, and compliance.
  • Transition objective: From QuickBooks, Point Purchasing, and Bill.com to NetSuite, integrating with Tradecentric, Kanverse, and Bank.
  • Key focus areas: Financials, procurement, treasury, cash management, fixed asset management, and SOX compliance.

Solutions Implemented

Jade Global helped the medicine company overcome its business challenges by implementing the following solutions:

  • NetSuite ERP: Implemented as the central system for streamlined operations.
  • Integration with Tradecentric: Collaborated with the Tradecentric team to streamline the integration and enhance efficiency and data accuracy in the procurement process.
  • Kanverse AI for AP Invoice Automation: Automated the accounts payable process, reducing manual data entry and errors.
  • Robust Approval Workflows: Established for purchase requisitions, vendor bills, and financial journals.
  • Customized Training: Comprehensive training is provided to ensure smooth transition and adoption.