The client is a publicly traded, international biotechnology company. The company specializes in the creation and development of differentiated antibody therapies for cancer.
The company chose Infosys as their partner for SAP S/4HANA implementation. The objective of the engagement was to build a solid ERP platform that would support rapid commercial growth and deliver the capabilities for modern user experience and consolidated financial reporting.
Key Challenges
- Inefficient tracking of cost elements against planned budgets for various R&D projects
- Multiple stand-alone IT systems across locations
- Complexities in visibility, analytics and decision-making due to non-harmonized processes across the organization
- Delays in re-design of critical innovation areas caused by the unavailability of end-to-end process inventory
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The Solution
Infosys implemented a digital transformation initiative, leveraging the core capabilities of SAP S/4HANA. The program covered the following processes and functions at the client’s global locations:
- Order-to-cash
- Procure-to-pay
- Lean manufacturing
- Supply chain and finance
- Group reporting
The digital transformation program was aimed at designing and implementing a digital ERP platform with standardized business processes, while adopting SAP and industry best practices. The key objective was to maximize effectiveness, minimize cost, and provide a competitive advantage to the company. The Infosys team achieved this by implementing an integrated solution with key internal and external applications. This improved both reporting and decision-making.
SAP S/4HANA transforms biotechnology business - standardizes, integrates business processes
- Standardized global solution with additional regional localization
- Deployed best practices using SAP and best practices specific to the life sciences industry, leveraging Infosys CaPSule
- Seamless integration with legacy HR, project planning/budgeting tool and with vendors for self-service procurement
- Automation of account payable process with Opentext cloud solution
- Automation of supplier payments using SAP Multi Bank Connectivity solution
Benefits
Digital integrated ERP platform for future business growth
Process optimization and standardization across the business
Significant reduction in financial closure time during month-end and quarter-end financial closure cycles
Easier reporting with excellent user experience and real-time analytical reports, using SAP Fiori
Increased operational efficiency through integration and automation with bank and suppliers
Validated environment that fulfils SOX compliance and various other regulatory requirements
