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Biotech Procurement Software: How Ventus Cut Costs and Scaled Research

150K +

In Cost Savings

Ventus Therapeutics Saved $150K+ and Scaled Research Without Adding Headcount

 

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The Challenge

As Ventus Therapeutics expanded across the United States and Canada, rapid growth increased the complexity of its laboratory purchasing and financial operations.

  • Administrative strain: Scientists spent valuable research time on manual purchasing tasks without dedicated lab operations support.

  • Increasing order volume: A lean accounts payable team faced a growing workload as the company scaled.

  • Limited visibility: Decentralized purchasing made financial reporting, spend management, and documented controls more difficult.

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The Solution

To scale efficiently and maintain research velocity, Ventus implemented Prendio-BioProcure’s biotech procurement software and services.

  • Automated three-way matching: A key factor in Ventus’s decision, the feature improved accuracy and control across purchase orders, receipts, invoices, and payments.

  • Seamless onboarding: More than 50 users adopted the platform smoothly, with purchasing and approval workflows aligned to existing processes.

  • Integrated procurement support: Technology and services helped Ventus manage growing purchasing demands without adding operational burden.

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The Impact

Ventus achieved measurable results through a biotech procurement transformation that lowered costs, reduced administrative work, and improved financial visibility.

  • $150K+ in cost savings that Ventus could reinvest in advancing its scientific programs.

  • Hundreds of hours saved by automating purchase approvals, ordering, and invoice workflows.

  • Stronger supplier relationships and greater accuracy through automated invoice processing and financial tracking.

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Prendio-BioProcure expanded our team without having to make a full-time hire. It is very flexible, and as we continue to grow and continue to hire, we’re able to use the same system. We have worked with the team to find various cost saving initiatives like sourcing from other vendors than the ones we typically use, setting up annual POs for repeat lab supplies, etc.

Yelena Shuster-Rosen Controller, Ventus Therapeutics

 

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Company Snapshot

Ventus Therapeutics is a Series C, clinical-stage biotechnology company with locations in the United States and Canada. The company develops novel small-molecule therapies for difficult-to-target proteins in immunology, inflammation, and neurology.

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