Why Science Exchange
Working with suppliers shouldn’t hold you back.
Scientists and administrators at life sciences companies have the same goal—bringing new products to market as quickly as possible. Whether it’s a new drug, vaccine, diagnostic, or medical device, every company must rely on external partners for the cutting-edge technologies and innovation they need to bring their product to life. That’s why supplier orchestration is so essential.
The Status Quo Challenge
Speed is required, but compliance can’t be rushed. Now, there’s a simple way to achieve both.
STATUS QUO
50+hours
Establish a contract, onboard, source, & manage through to payment.
Scientists desire speed
Currently, working with suppliers is inefficient and cumbersome. This wastes time, delays time to market, and places significant administrative burden on scientists.
Science Exchange
6hours
88% faster
One pre-approved contract, one process, & one payment entity for all suppliers.
Administrators require compliance
Speed and innovation are important, but complying with internal and external compliance requirements is non-negotiable.
STATUS QUO
50+hours
Establish a contract, onboard, source, & manage through to payment.
Science Exchange
6hours
88% faster
One pre-approved contract, one process, & one payment entity for all suppliers.
Scientists desire speed
Right now, outsourcing R&D is inefficient and cumbersome. This wastes time, delays time to market, and distracts from their scientific pursuits.
Administrators require compliance
Speed and innovation are important, but complying with internal and external compliance requirements is non-negotiable.
THE SPEEDY SOLUTION
Science Exchange simplifies purchasing, supplier management, and payment processing so you can work with suppliers instantly and efficiently, all in one platform.
Science Exchange also helps legal, procurement, finance, and quality teams meet legal, financial, and regulatory requirements, mitigating risk when working with external suppliers.
Ready to see it in action?
Get a personalized demo and discover how we simplify purchasing, supplier management, andpayment processing.
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