Health Care and Life Science

Life Science

Digital IMS Cloud has migrated number of Bio Tech firms from a manual MS Excel based budgeting and reporting process to centralized budgeting and forecasting systems. Digital offers pre-built biotech models allowing customers to jump start

Milestone based Clinical Trial Models to project clinical trial expenses:

• Clinical Trial Startup Cost
• Patient Enrollment Cost
• Clinical Trial Draft CSR Cost
• Clinical Trial Final CSR Cost

Benefits

• Revenue model to project milestone revenue, collaborative research revenue, product sales revenue by partners/channel.
• Head Count Planning Model to plan Salary, Bonus, Overtime, 401K, FUTA, SUTA at existing employee and new hires.
• Capital Planning Model to plan for capital purchases, maintenance, depreciation schedule at asset level.
• Allocation model to allocate salary, capital depreciation, and department expenses.
• Board package Financial Statements (P&L, B/S and C/F).
• Annual Plan, Quarterly Forecasting, 5-Year Strategic Planning.