Don’t Let Fast Growth Impact Profits or Productivity

After years of securing investors, performing product design and testing, and submitting documents to the FDA, many life sciences organizations suddenly find themselves in a period of fast growth after receiving FDA approval. Product approvals force pharmaceutical, biotech and medical device manufacturers into the next phase, which is manufacturing high quality products quickly, efficiently and profitably. Life sciences organizations can manage the entire process, from start to finish, by replacing inefficient business systems with a more modern management solution.

Change can happen, literally overnight, at many life sciences organizations. After receiving FDA approval, you need to jump into action setting up manufacturing operations to get your innovative new product into the marketplace as soon as possible. As discussed in “Life Sciences: 6 Ways to Thrive in a Digital Future,” an eBook, being prepared for strong, fast growth after approval is no small task. Replace entry-level or niche systems with a business management solution that can streamline the transition from the research and development phase to production and sales.

Support Innovation and Drive Growth with MAXLife

A single, integrated enterprise resource planning (ERP) solution, like MAXLife, can simplify operations, improve compliance and reporting at each phase of the business, and support innovation and growth through business change. This centralized solution, designed specifically for the unique needs of life sciences organizations, makes it easier for your team to enter, access and use data from across operations and throughout the product lifecycle. Time-saving automations, like workflows and dashboards, streamline common activities and highlight data needed to perform tasks productively. Quick access to reliable data encourages collaboration amongst employees and throughout the supply chain. Your team can expedite product development with efficient manufacturing processes; getting products to market faster, driving profits and business growth.

MAXLife offers early-stage businesses the opportunity to establish strong quality assurance and CAPA processes from the very start. As operations change, like they often do after FDA approval, MAXLife will remain aligned with business needs and goals, unlike common niche systems such as QuickBooks. A cloud-based solution can also be deployed faster than traditional on-premises software and without the hefty price tags of other common ERP solutions, like Oracle or SAP, used by many in-market organizations.

Integrate your people, processes and data with an innovative ERP solution and maintain control over business operations through periods of fast growth. Download the eBook and contact Merit Solutions for more information on increasing productivity and profit with MAXLife.

By Merit Solutions, a Global Microsoft Partner and Business Process Consultant

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