Affordable ERP For Small business to Mid-Size Life Sciences Companies
- August 12, 2017
- Posted by: AXSource
- Categories: Blog, Regulatory and Quality
Make Compliance a Business Advantage
Compliance issues are an everyday concern in the regulated product industry. Human error, procedures not followed, and a lack of implementation of necessary GMP controls results in costly damages and places product quality at risk. Available software technology is capable of preventing these issues, but for small to mid-sized companies traditional Enterprise Resource Planning (ERP) solutions have been expensive to consider.
The move to paperless – Companies that rely on paper-based processes are not only exposed to greater risks but also unable to benefit from electronic records, more centralized data and easier access to information. Going paperless makes it easier for a company to assess and manage risks, implement quality processes and even supports in trending data. Companies that purchase separate software for operations and quality management face challenges with integration, redundancy and costly maintenance. Business operations remain disconnected.
Tell me something new – Microsoft Dynamics® powered with D365 QCS™ is changing the way of the life sciences industry. Microsoft Dynamics® is a tier 1 ERP without the implementation challenges of traditional ERPs and their associated high costs. D365 QCS™ is the Quality and Compliance solution for Dynamics that extends standard functionality to cover global quality and compliance requirements, resulting in a full collaboration with a company’s Quality Department. The latest version of Microsoft Dynamics, also includes Customer Relationship Management (CRM), Business Intelligence (BI) and Cloud options, offering a complete business solution.
The Big Picture – Pharmaceutical and other life science companies experience rapid growth during their development stages. What often becomes a bottleneck is how to support operations as they grow. ERP systems are meant to support operations, but companies often choose off-the-shelf (OTS) software instead to support initial operation levels. Once they experience growth, companies are forced to think about upgrading or changing to bigger software systems.
Dynamics® with D365 QCS™ is a validated ERP solution specifically designed to meet the complex needs of pharmaceutical and life science companies. Designed by in-house regulatory and quality experts at AXSource, D365 QCS™ provides the flexibility and agility in an ERP that is much needed for managing pharmaceutical and life science operations. Companies can activate and unlock desired functionalities as they grow. Needless to say, choosing the right ERP solution from the early stages will save more costs in the long run.
Takeaways: Microsoft Dynamics® with D365 QCS™ offers a complete ERP solution with built-in Quality and Compliance functionalities. Specifically designed for the pharmaceutical and life science industries, D365 QCS™ allows companies to implement desired quality functionalities and unlock their full potential as they grow.
November 29, 2016
November 9, 2016
Life science companies are facing challenges in response to an increasingly complex regulatory environment. These businesses have to address various requirements that span across geographies, business activities, and processes. Failure to comply with these regulatory practices would be very costly for the company resulting in fines, remediation costs, and reputational damage. To tackle these challenges,September 2, 2016