Velosio Prescribes Successful Solution For Biostorage Technologies
Company Size
200-1,000
Region
- America
- Europe
Country
- Germany
- United States
Product
- Microsoft Dynamics GP
Tech Stack
- ERP
- Sales Order Processing Module
Implementation Scale
- Enterprise-wide Deployment
Impact Metrics
- Customer Satisfaction
- Digital Expertise
- Productivity Improvements
Technology Category
- Application Infrastructure & Middleware - Data Exchange & Integration
- Functional Applications - Enterprise Resource Planning Systems (ERP)
Applicable Industries
- Life Sciences
- Pharmaceuticals
Applicable Functions
- Business Operation
- Quality Assurance
Use Cases
- Predictive Maintenance
- Process Control & Optimization
- Remote Asset Management
Services
- Software Design & Engineering Services
- System Integration
About The Customer
BioStorage Technologies is a global leader in short-term and long-term biomaterials storage, sample management, and cold chain logistics. The company serves a diverse clientele, including global pharmaceutical and biotechnology developers, clinical research facilities, laboratories, and academic institutions. With locations in Indianapolis, IN, and Frankfurt, Germany, BioStorage Technologies has experienced significant growth over the past six years. Their services are critical to the biopharma industry, ensuring the safe and efficient storage and management of valuable biological samples.
The Challenge
BioStorage Technologies experienced rapid growth, making its largely manual invoicing system unmanageable. The company relied on an entry-level accounting package and numerous spreadsheets, which required significant manual effort to process data dumps from their sample-tracking software each month. This inefficiency was unsustainable given their growth rate, necessitating either a substantial increase in administrative staff or an investment in technology to streamline the billing process.
The Solution
Velosio implemented Microsoft Dynamics GP for BioStorage Technologies, designing an import routine to automate invoice creation. This integration allowed the company to streamline its billing process by importing data from their sample-tracking software into the Sales Order Processing module of Microsoft Dynamics GP. The system was customized to handle the company's complex pricing structure and varied customer requirements, such as generating separate invoices for different countries or consolidated invoices for multiple projects. The solution provided a transparent, secure, and easily maintainable database, ensuring accurate and timely invoicing.
Operational Impact
Quantitative Benefit
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