5 Reasons Life Science Companies Are Moving To The Cloud

By Jim Ingram, Business Development Representative, Sikich

Many life science companies, especially in that pre-revenue startup phase, think that ERP is too costly, too complex for a business of their size. However, in just a matter of months, these same companies often find that using Excel spreadsheets or accounting solutions like QuickBooks are just not working and/or keeping up with the growing demands of their business. As such, many life science organizations are moving their operations to the cloud to eliminate compromises and bottlenecks before they interfere with their company’s mission.

Many of our own life science clients now use NetSuite to run their businesses. Most of them started as that pre-revenue phase, and we were lucky enough to help them through the process to be a part of their journey towards commercialization. We asked ourselves how we can help our clients move to the cloud more quickly, efficiently, and with more of a life sciences-specific environment. Since then, we’ve developed Sikich SuiteSuccess for Life Sciences to implement smarter technology more efficiently and more quickly. In some cases, we’re able to implement NetSuite in as little as 30 days.

But the real question is, why should life sciences companies move to the cloud at all? We have five reasons for you.