Health Care and 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
- 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.