How a Biopharmaceutical Company Brought Contractor and Travel Spend Onto One Platform
Cutting PO Approval Time from a Day to Minutes with MyAmici’s Self-Serve Module
Snapshot
Following a successful implementation of the MyAmici platform, this well-established company now found new challenges with the purchasing process for non-standard lab products and services.
Contractor, travel, training and event purchases were logged directly in the finance software resulting in valuable time being sacrificed by the scientist and finance teams.
Finance could not keep track of what purchases had been completed therefore causing missed and duplicate payments of invoices.
Their goal was to:
To move the purchasing process for non-standard lab products and services to the MyAmici platform.
Solution
The MyAmici Self-Serve module was adopted by the client and has since allowed for all spend to be tracked via the MyAmici platform. All POs raised in the one place, approved and visible therefore allowing finance to confirm receipt of delivery and seamlessly match invoices.
Today
Generating a manual purchase order (either via a finance package, excel or word) which then needs to be passed for approval, typically can take around 1 day. Raising a self-serve PO on MyAmici and getting approval only takes minutes.
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