Cloud accounting software for biotech and pharmaceutical companies

Our cloud accounting is ideal for the needs of Biotech, Pharmaceutical, and Life Sciences companies at every stage of growth: from two scientists and a molecule to large, public companies.

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Make smart financial reporting your primary endpoint

Sage Intacct accounting software combines smooth operational workflows and greater financial visibility.

  • Visual dashboards and flexible, dimensional reporting help you better understand program spending, manage your inventory, and track grants and funding – all while simplifying your chart of accounts.
  • Compare performance across any business driver that matters to you.

Simplify processes and automate manual tasks

Automated, paperless workflows accelerate your routine accounting and reporting tasks, leaving you more time to analyze your data and make better financial decisions. Sage Intacct increases your efficiency by:

  • Tailoring transactions and approval workflows to eliminate redundant data entry.
  • Automatically routing and tracking digital approval signoffs on transactions.
  • Automating fund, grant, revenue, and billing processes.
  • Consolidate hundreds of entities in minutes, not days – and boost productivity by more than 50%.
  • Ensuring you meet the strict requirements of Sarbanes-Oxley (SOX), ASC 606 and IFRS 15 with automated audit trails and revenue-recognition.

Integrate seamlessly across your technology stack

With Sage Intacct as your core financial system, you can build your technology stack with the confidence that all your teams can keep in sync and are able to make data-driven decisions.

Our Open AI allows you to connect with hundreds of best-in-class business applications. You select the right software that’s best for your business and seamlessly integrate it with Sage Intacct.

Give your project managers better visibility and controls

Program financial management is critical to your success. But daily data pulls from various systems to cover project costs or resource reports take a long time and are hard to combine. As a result, it is difficult to track program costs and to demonstrate value to investors.

Sage Intacct accounting for pharmaceutical companies provides your program managers with detailed controls and unmatched visibility into time tracking, resource assignments, and program costs.

Resources for biotech, pharmaceutical, and life sciences companies

Explore the latest research, guides, and webinars on accounting and finance.

 

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