NetSuite Life Sciences ERP

NetSuite Life Sciences ERP transforms real-time data into safer medical treatments, diagnostics, and devices, speeding product launches and earning patient trust.

What is NetSuite Life Sciences ERP?

NetSuite Life Sciences ERP integrates finance, supply chain, quality, manufacturing, and R&D data on one cloud platform. Biotech, pharmaceutical, and medical device teams gain at-the-moment visibility across clinical and commercial operations with comprehensive traceability and audit-ready compliance. Purpose-built workflows strengthen supply resilience and minimize regulatory risk, delivering the operational excellence investors demand for milestone funding while advancing life-changing treatments.

Build a foundation for innovation and growth

End-to-end support

From first experiment to global commercialization, NetSuite Life Sciences ERP gives life science organizations a strong technological foundation so they can focus on developing innovative therapies and devices that satisfy regulators and cultivate patient and investor confidence.

NetSuite Life Sciences ERP features

NetSuite Life Sciences ERP centralizes critical workflows—from digital batch records to grant budgeting—in one cloud suite, helping teams cut costs and introduce medical advancements to patients sooner.

Complete financial management

NetSuite automates grant tracking, project accounting, budgeting, and milestone-based revenue recognition, giving companies a real-time financial view across all sales channels while accelerating the financial close.

Quality and regulatory oversight

Maintain compliance organizationwide with validation-ready audit trails; Part 11-compliant electronic records and signatures; and FDA, GMP, and ISO standards. Consistent inspection documentation establishes benchmarks for new products and clinical trials.

Connected supply chain

Integrated monitoring tools track batches, lots, and inventory from supplier to patient, providing full lot genealogy for rapid, accurate, and complete recalls.

Procurement and inventory control

Centralized supplier management and automated purchase approvals help optimize lab and production inventory levels, minimizing stockouts that stall trials or manufacturing and delivering safe therapies to patients without delay.

Advanced R&D project tracking

Unified project dashboards track live clinical-phase milestones, burn-rate trends, and resource loads. Automated cost capture and milestone-based revenue recognition keep budgets aligned and funding milestones on schedule.

Global business management

Built-in multicurrency, multi-entity, and multilanguage capabilities standardize data for easy global consolidation and performance benchmarking across every site, trial, and market.

Role-tailored dashboards and analytics

Customizable, role-based dashboards present relevant KPIs, reports, and analyses—from high-level financial snapshots for executives to trial-status and quality summaries for project leads—supporting faster, evidence-backed decisions.

Learn how ERP can improve your
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Free Product Tour

Using NetSuite helps us scale without impacting our local infrastructure, while also supporting multiple subsidiaries and providing a global view of our business.

Jospeh Wong, Director of Operations, Aviva Systems Biology

NetSuite Life Sciences ERP benefits

Faster path to innovation. Integrated development, compliance, and manufacturing processes help teams move projects from initial funding and research to trials and launch quickly, without sacrificing safety or quality.
Regulatory readiness. Automated audit logs, HIPAA-ready security, and tailored workflows adhere to strict standards and documentation for each product, reducing compliance risks.
Grant and cost control. Adaptive budgeting and grant-tracking features support research-intensive operations with benchmark funding models, ongoing progress reporting, and dynamic expense forecasting.
Unified collaboration. Finance, lab, and supply chain teams communicate on one platform, improving project outcomes through instant project updates and shared data insights.
Scalability for growth. NetSuite’s scalable platform facilitates mergers, acquisitions, IPO readiness, and international expansion via embedded SOX-compliant controls, no major IT investments or downtime required.
Real-time insights. Cloud-based secure access delivers up-to-date data for clinical trials, project budgets, and commercialization plans from anywhere—the lab, office, or on the go.

Challenges NetSuite Life Sciences ERP solves

Regulatory and market demands. Automated documentation, compliance monitoring, and scalable operations help companies satisfy evolving regulations and quickly adapt during market disruptions or public health events.
Fragmented data sources. NetSuite’s all-in-one solution replaces disparate systems, giving staff end-to-end oversight across financial, research, manufacturing, and compliance.
Complex clinical-trial spending. NetSuite automatically allocates funds and updates budgets, forecasts, expense reports, and accounts as clinical trial results come in and plans evolve.
Product quality protection. Complete traceability for every batch, ingredient, and device allows companies to serve patients confidently and expedite product recalls when needed.
Inefficient manual processes. Automation eliminates time-consuming, error-prone processes, freeing staff to focus on innovations that improve lives.

SuiteSuccess – Your proven path to success

Leveraging more than 25 years of experience working with tens of thousands of organizations, across all industries and business sizes, our SuiteSuccess customer lifecycle methodology helps customers transform their business. It starts by building an AI-powered, integrated business suite with industry-specific solutions. Then we engage with your business to ensure that we’re addressing your specific needs and guiding you along the way on how to best consume and optimize NetSuite to solve challenges of today and the future. This approach helps ensure customers experience faster time-to-value, better ROI, and greater employee adoption.

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How much does NetSuite Life Sciences ERP cost?

Companies of every size, from prerevenue startups to fast-growing businesses, have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?

Users subscribe to NetSuite for an annual fee. Your license is made up of three main components: core platform, optional modules, and number of users. There is also a one-time implementation fee for initial setup. As your business grows, you can easily activate new modules and add users—that’s the beauty of cloud software.

NetSuite Life Sciences ERP Software is available as an add-on module.

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Resources

Data sheets

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Customer stories

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Aviva Creates the Dominant Distributor in the Antibody Production World

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Essential learning

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