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Purpose-Built Procurement for Biotech Innovation

Prendio was developed in the heart of Boston’s biotech community, purpose-built to address the specialized needs of the biotech industry. Our simple, streamlined, and cost-effective procure-to-pay platform enhances efficiency and reduces administrative overhead, helping to accelerate research and shorten development cycles.

All of the Features You Need and None that You Don’t.

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Biotech-Specific Procurement

Tailored for Life Sciences

  • Designed with biotech procurement needs in mind.
  • Supports complex lab supply chains, CRO services, and specialized vendors.
  • Compliance-focused, meeting stringent regulatory requirements.
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Integrated Procure-to-Pay Workflow

Complete Solution from Purchase to Payment

  • Streamlines procurement, payment, and financial reporting in one platform.
  • Eliminate bottlenecks with automated purchase approvals and payment processing.
  • Real-time integration with ERP systems like NetSuite and QuickBooks.
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Compliance and Security

Built for Life Science Regulations

  • Ensure full compliance with FDA, GMP, and other life science standards.
  • Maintain a secure audit trail for all transactions.
  • Industry-leading data protection for sensitive biotech financials.
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Payments

Fast, Secure Payments for Biotech Procurement

  • Easily shop from preferred suppliers with punchout integration.
  • Tailor payment approval processes to your organization’s workflows.
  • Payments processed directly within the Prendio platform reduce manual errors and enhance transaction security.

Learn More About Payments

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Financial Controls & Reporting

Control Spend with Full Transparency

  • Track and manage spend with detailed, customizable reports.
  • Automate reconciliation of invoices, POs, and packing slips.
  • Gain insights into procurement efficiency to optimize budgeting.
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ERP & Custom Integrations

Integrate Prendio with top ERP systems or customize for your needs.

  • NetSuite
  • Quickbooks Online
  • Quickbooks Desktop - all versions
  • Microsoft Dynamics Business Connector
  • Oracle Fusion
  • Sage Intacct

Want to learn more about Prendio?

Who It's For

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R & D

  • Spend more time in the lab, less time on administrative tasks
  • Get your requisitions approved faster
  • Check order status in seconds
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FINANCE

  • Reduce data entry with our scan/match technology
  • Store invoices, receipts, and vouchers forever in the cloud
  • Bridge to your ERP of choice with the push of a button
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VENTURE CAPITAL

  • Give researchers more lab time and fewer administrative tasks
  • Reduce back office headcount
  • Increased visibility of spend and accurate liability reporting at your fingertips

Scientists, Finance Teams, and Venture Firms Have a Lot to Say About Prendio

 

As the COO of Third Rock Ventures, an important part of my job is making sure that the operations, finance, and administrative functions are running smoothly across all of our portfolio companies. Using Prendio is the easiest way to make that happen. When our portfolio companies use Prendio, I know that the procure-to-pay process will be well-documented and simplified, making everyone’s lives easier from the associate scientist to the CFO.

Kevin Gillis

COO/Partner, Third Rock Ventures

 

Why Prendio?

01. Easy to Use

There are many overwhelming procurement software solutions currently on the market stuffed with features that the average mid-sized biotech company doesn’t want or need. All of the extras make these software systems confusing, painful, and expensive to use. Fortunately, there is an alternative. Prendio is designed with you in mind, making it so easy to use that it requires minimal to no training. Our user-friendly dashboard guides each role through creating requisitions, getting approvals, placing orders, receiving items, and preparing invoices for payment. Our comprehensive, intuitive and flexible reporting package lets you export the data you need quickly and painlessly. It’s that simple.

02. An Extensive List of Punchout Vendors

Unlike some other software solutions, Prendio does not require 3rd party integrators or charge an extra fee to set up each requested punchout. Prendio comes preloaded with a comprehensive assortment of the most important supplier punchouts right on your dashboard, saving you money, time and labor.

03. Comprehensive and Affordable

Prendio does everything you need, and nothing that you don’t. Because we are so targeted and streamlined, we can charge less than our competitors, saving you money and time and simplifying your life. And don’t worry about getting locked into another multi-year, prepaid contract. If you’re not completely happy with the Prendio software, canceling is quick and easy.

04. Real People Empowered With Real Technology

We take client success seriously. The Prendio platform was built by professionals who understand biotech, and stand ready to assist you with any questions or issues.

05. Order Everything You Need From Our Dynamic Universal Catalog

Prendio’s unique catalog includes peer and system ratings that help scientists and buyers choose their products wisely. Compare item features and pricing quickly and easily. Item not found? No problem. Add any item to our catalog and we will make sure it’s there for you the next time you search for it.

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Client Testimonials

The template is really nice and offers quite a large set of options. It's beautiful and the coding is done quickly and seamlessly. Thank you!
Chris Sanford
Chris Sanford
Product Designer, Google
The template is really nice and offers quite a large set of options. It's beautiful and the coding is done quickly and seamlessly. Thank you!
Chris Sanford
Chris Sanford
Product Designer, Google
The template is really nice and offers quite a large set of options. It's beautiful and the coding is done quickly and seamlessly. Thank you!
Chris Sanford
Chris Sanford
Product Designer, Google

5 Factors To Consider When Your Lab Receives A New Round Of Funding

Congratulations on securing funding for your lab’s promising new research! In this tip sheet, we’ll explore strategies to make every dollar count by maximizing your resources through conscious spending and thoughtful planning.

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