Biocad

Leading Russian biotech company that combines a world-class R&D center, innovative pharmaceutical and biotechnological manufacturing facilities, preclinical and clinical research infrastructure compliant with international standards.

Improving budget processes to scale business

One of the key business objectives of the project was to provide all financial centers of the company with unified tools to analyze expenses and differences between actual and planned costs. Those included standardized budget items, analytic reports, and typical ways of sharing costs between projects (business activities).
Challenges
erp challenges

Unified budgeting system for all participants

Assino successfully adapted 1C:ERP to the internal processes of BIOCAD, which made budgeting work more effective at all stages, including the following specific results:
Results
erp implementation
Creation of a unified set of budget forms for all financial centers of the company
The ability to extract information directly from the system while approving the budget with CEO
Centralized collection and storage of information on actual costs without the need for additional manual work
Generation of plan/actual reports in the unified form
Automation of production accounting, warehouse inventory accounting and other types of accounting relevant for pharmaceutical manufacturing

Related Customer Stories

Faberlic

Implementation of an operational accounting system
based on 1C:ERP.

Siemens

Automation of the entire built-to-order production cycle including manufacturing processes, logistics, sales, and financial reporting.
MANUFACTURING
MANUFACTURING

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