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Software Functionality Revealed in Detail
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 challenges of life sciences companies

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Customer Care and Billing (CC&B)

Customer care and billing (CC&B) solutions typically support providers of utilities, telephony, cable, or other services providing companies. CC&B software includes functionality for mediation, provisioning, rating, reporting, financial systems, and billing for voice, data, content, and utility services. 

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Documents related to » challenges of life sciences companies

Compliant Manufacturing Operations in Life Sciences Companies: Compliant Operations to Lead the Competition


For many life sciences organizations, a key impediment to compliant manufacturing operations remains the disconnect between enterprise and plant systems. This results in unsynchronized business processes and inadequate use of resources, which in turn increases the risk of non-compliance and inadequate quality of finished products. Find out why simply connecting systems is not enough to fully overcome these challenges.

challenges of life sciences companies  total cost of ownership. Challenges Inconsistent levels of quality and compliance Lack of visibility across manufacturing operations O perational inefficiencies across the plant floor and the enterprise Supported Business Processes and Software Functions Enterprise planning and control – Establish an achievable master plan aligned with customer requirements and business objectives and constraints, and control manufacturing activities across all plants Plant-level operations – Plan and manage Read More

Managing the Aches and Pains of Long Cycle Times: Automating Controls for Pharmaceutical Manufacturers


One of the biggest challenges (or business pain points) for pharmaceutical manufacturers (or life sciences companies) is the long cycles that are required for research and development (R@D) and product approval. This is particularly a challenge for manufacturers of generic drugs, for which cycle times can average 20 months or more (and the full time-to-market period upwards of 12 years). Why

challenges of life sciences companies  One of the biggest challenges (or business pain points) for pharmaceutical manufacturers (or life sciences companies) is the long cycles that are required for research and development (R&D) and product approval. This is particularly a challenge for manufacturers of generic drugs, for which cycle times can average 20 months or more (and the full time-to-market period upwards of 12 years). Why are long cycles a problem? Simply put, it comes down to the familiar equation that “time = money.” More time Read More

Enterprise Contract Management for Life Sciences: Integrating Contract Creation, Administration, and Execution


Leading life sciences companies are recognizing the need for synchronized, enterprise-wide pricing and contract management processes. An integrated solution can provide the transparency needed to satisfy auditors, balance pricing with go-to-market strategies, and support sales and finance—including accurately predicting margins. Find out about solutions that offer support for enterprise pricing and contract management.

challenges of life sciences companies  Management To address the challenges of contract management, leading life sciences companies are developing contract strategies that harmonize pricing guidelines, company policies, and contract terms across the enterprise. In support of such strategies, these companies realize a need for: Flexible and configurable contractdevelopment and contractmanagement solutions supporting diverse rule sets and deal offerings that can vary by customer segment Effective measurement and management of contract Read More

Enterprise Mobility in Life Sciences: Responding to Change and Transforming Healthcare Delivery


Life sciences enterprises are undergoing tremendous change on a number of fronts. Healthcare-related organizations involved in the life sciences industry are challenged more than ever with providing and ensuring continuous and effective supply and delivery of services, drugs, and equipment, and improving the quality of patient care. See how mobile technologies can help life sciences companies address today's trends and tomorrow’s challenges.

challenges of life sciences companies  today''s trends and tomorrow’s challenges. Read More

Governance, Risk, and Compliance for Life Sciences Companies: Institutionalize Compliance to Reduce Costs and Increase Productivity


Issues of governance, risk, and compliance (GRC) affect nearly everything life sciences companies do. But you shouldn’t approach GRC in an ad hoc manner—implementing point solutions one after another in response to regulatory demands as they arise. This is inefficient and costly—and may result in non-compliance, due to lack of transparency. Learn how an enterprise-wide GRC approach to compliance management can help.

challenges of life sciences companies  into a competitive advantage. Challenges Highly regulated industry constantly subjected to new requirements Compliance landscape made up of disconnected point solutions that are difficult and expensive to maintain Low data visibility and limited audit transparency that make compliance costly and time-consuming Supported Business Processes and Software Functions Financial and operational compliance '' To establish segregation of duties and access and process controls Global trade compliance '' To perform Read More

Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System


Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing environments. This section explains the quantifiable benefits in terms of several areas of improvement. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

challenges of life sciences companies  of ERP Investments Part 1: Quantifiable Benefits from an ERP System Originally published - February 13, 2004 Justification of ERP Investments* The expected return on investment provides the cost justification and motivation for investing in ERP. There are quantifiable benefits as well as intangible benefits in the ERP investment decision. The quantifiable benefits have a bottom-line impact on profitability, asset turnover, and a potential effect on stock value. This section discusses the Read More

Software Companies Running on NetSuite


NetSuite, a provider of cloud-based financials, enterprise resource planning (ERP) and omnichannel commerce software solutions, has certainly found a sweet spot in the distribution and retail sectors, with a budding manufacturing following as well. The vendor has announced that innovative and fast-growing software companies are also turning to NetSuite for cloud-based business management software

challenges of life sciences companies  capabilities to address such challenges as complex revenue recognition (with full support for key standards, including SOP 81-1, SOP 97-2 & 98-9, SAB 101, and EITF 00-21, and the latest EITF 08-01 and EITF 09-03 rules) and unified billing (a single solution to manage subscription, ad hoc and usage-based billing across multiple revenue sources), including the increasingly prevalent subscription model. Software companies that have recently upgraded to NetSuite start with Rocket Fuel , based in California, Read More

Business Answers at Your Fingertips: The Real-time Value of BI


This Aberdeen Research brief homes in on the critical time element of a best-in-class business intelligence (BI) strategy. The research shows that top performer are leveraging real-time of near real-time analytics to proactively manage their business and drive substantial performance improvements. Download this report for full details.

challenges of life sciences companies  Answers at Your Fingertips: The Real-time Value of BI This Aberdeen Research brief homes in on the critical time element of a best-in-class business intelligence (BI) strategy. The research shows that top performer are leveraging real-time of near real-time analytics to proactively manage their business and drive substantial performance improvements. Download this report for full details. Read More

Rockler Companies Moves to VISI’s ReliaCloud Service


VISI Incorporated, a provider of data center solutions, announced that it has signed a three-year agreement with Rockler Companies to provide ReliaCloud services for Rockler Companies, Inc. The ReliaCloud services provide a virtualized, outsourced production server environment for Rockler. Rockler supplies specialty hardware, tools, and woodworking products through retail stores and

challenges of life sciences companies  Companies Moves to VISI’s ReliaCloud Service VISI Incorporated, a provider of data center solutions, announced that it has signed a three-year agreement with Rockler Companies to provide ReliaCloud services for Rockler Companies, Inc. The ReliaCloud services provide a virtualized, outsourced production server environment for Rockler. Rockler supplies specialty hardware, tools, and woodworking products through retail stores and online. Moving to the infrastructure-as-a-service (IaaS) model will Read More

Business Intelligence: A Guide for Midsize Companies


Business intelligence (BI) is not a new concept. What’s new is that BI tools are now accessible for midsize companies. Managers can use BI to analyze complex information to support their decision-making processes, combining data from a variety of sources to get an integrated, 360-degree view of the company. Find out how to select the right BI software, the right vendor, and the right approach to implementing BI.

challenges of life sciences companies  Intelligence: A Guide for Midsize Companies Business Intelligence: A Guide for Midsize Companies If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Founded in 1972, SAP has a rich history of innovation and growth as a true industry leader. SAP currently has sales and development locations in more than 50 countries worldwide and is listed on several exchanges, including the Frankfurt Stock Exchange and NYSE under the symbol SAP. Read More

Asset Life Cycle Management


Asset life cycle management is an increasingly important strategic initiative for asset-intensive industries to explore. Innovative organizations can use their assets for competitive advantage and thereby improve the profitability of their business. Learn how advanced asset life cycle management strategies can contribute to organizational agility, security, and flexibility, and improve responsiveness in a demanding marketplace.

challenges of life sciences companies  Life Cycle Management Asset life cycle management is an increasingly important strategic initiative for asset-intensive industries to explore. Innovative organizations can use their assets for competitive advantage and thereby improve the profitability of their business. Learn how advanced asset life cycle management strategies can contribute to organizational agility, security, and flexibility, and improve responsiveness in a demanding marketplace. Read More

Types of Video Conferencing


The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol (VoIP) video conferencing is on the rise, and there are a range of platforms and devices businesses use to communicate, with a growing number of protocols that make each of these interoperable. Read this detailed guide on several types of VoIP video conferencing solutions.

challenges of life sciences companies  of Video Conferencing The use of video conferencing solutions has quickly become the standard of businesses with the highest distinction. Popularity of voice over internet protocol (VoIP) video conferencing is on the rise, and there are a range of platforms and devices businesses use to communicate, with a growing number of protocols that make each of these interoperable. Read this detailed guide on several types of VoIP video conferencing solutions. Read More

Analysis of TeleCommunication Systems, Inc. Release of Menu Driven Wireless Web Capability For SMS


The advent of menu driven wireless web capabilities for SMS (Short Message Service) will allow carriers to offer their subscribers fully personalized web based menus for quick access to stock quotes and bi-directional transactions such as e-business or gaming.

challenges of life sciences companies  of TeleCommunication Systems, Inc. Release of Menu Driven Wireless Web Capability For SMS Analysis of TeleCommunication Systems, Inc. Release of Menu Driven Wireless Web Capability For SMS P. Hayes - May 11, 2000 Event Summary In April TeleCommunication Systems, Inc. (TCS), a leading developer of software applications that enable wireless carriers and enterprises to extend their capabilities to wireless devices, announced the availability of Interactive Menus, a new capability of the TCS Short Read More

Microsoft Axapta for Life Sciences


Executives in the life sciences industry work under tremendous competitive pressures. At the same time, they must meet regulatory guidelines and ensure that product safety remains a priority. Information must be meticulously tracked through all phases of a production cycle, which can slow production significantly. That’s why solutions for the industry must help streamline and simplify the regulatory compliance process.

challenges of life sciences companies  Axapta for Life Sciences Executives in the life sciences industry work under tremendous competitive pressures. At the same time, they must meet regulatory guidelines and ensure that product safety remains a priority. Information must be meticulously tracked through all phases of a production cycle, which can slow production significantly. That’s why solutions for the industry must help streamline and simplify the regulatory compliance process. Read More