Cloud Based Lab Purchasing Procurement Software For Biotech

Just Getting Started? Secure cloud storage, paper scanning and a simple web browser interface provide flexibility for venture management, part-time staffers, remote buyers and shared AP resources. The optional Pro Flow Service Provider program offers expertise for buyer and AP services for start-ups. Project time tracking, agreement document management, and audit document bundles are included. Contact us to learn more about how Prendio achieves these advantages.

Several of the biotech companies where I was head of finance operations recently have used Prendio for procure-to-pay processes. The seamless integration of Prendio with Quickbooks enabled time-savings for the companies; for paperless review of 2-way and 3-way matched invoices packages and easy retrieval of all documents for auditor and other requests.

Aninda Katragadda
Head of Finance, Foghorn Therapeutics

Easy to Use

Drive compliance while minimizing training and re-classing. When an employee specifies the right department, project and GL account for their purchase, you don’t have to.

Approval

Dial-in the appropriate level of spend, project, department and GL account approvals and oversight for your company’s size and structure. Request and accept approvals by email, text message and the Prendio Dashboard. Flexibility trumps rigidity for start-ups, but compliance needs to become standard practice. With Prendio, approval management adjusts with you as you grow.

Price Management

Negotiate from a position of strength. Prendio tracks the prices that you have paid and highlights the best price for negotiation. The Prendio Catalog offers options for part sourcing and alternate items. 3rd party professional biotech buying services are also supported. Savings is reported and buyer performance is available.

AP and ERP Integration

Prendio’s AP role integrates with your accounting solution. Quickbooks, Netsuite, and Oracle are supported with an API-level Connector. All other accounting solutions are supported with easy file transfer. When its time to upgrade your ERP, you can take solace in knowing that your research team will not need to learn a new system. Prendio integrates with all of them.

Savings & Recovered Research Time…

Prendio helps you to reach your goals by streamlining processes and maximizing your resources. You will realize savings from getting the best prices through the Prendio Catalog, Corporate Pricing and Buyer-Negotiated On-the-Spot savings. Your AP processes will enjoy new levels of efficiency.

Most importantly, your researchers will save time in ordering, tracking and receiving. Recovered Research Time can be directly applied to making progress on your milestones.

Discount Level

Number invoices processed per week?

Reset to Typical Values

HEROIC SAVINGS

Your Current Annual Spend

on purchases, buying and AP processes

Available Savings

${{CTotalSavings}}

AND {{CFinalTimeSavings}} weeks of
research

Click Here to Get More Detail on Your Savings

What You Get

Happy Team

Zero Training

Single Sign On

Work from Anywhere

Compliance

Approval Before Spend

Correct Classing

Confidential Orders

Easy Audit Documents

Savings

Biotech-Savvy Purchasing Tools

BioCatalog

Buyer Performance

3rd Party Buyer Compatible

AP Efficiency

Paperless

Complete Matching

QB and ERP API-level Integrations

3rd Party AP Provider Compatible

Visibility

GL Account Approvals

Savings Updates

Liability Reports

Agreement Management

Time Tracking

Finance

Biotech Finance