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“Since implementation, we are more efficient—our turnaround time has gone way down and we know exactly where our expense reports are!” John P. Schmid, |
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Challenge
- Complicated purchasing needs for scientific biotech supplies meant that Rx3 needed a system that could keep up with their pace.
- As a small, fast-growing company, Trius required value and scalability to add new employees without issue.
- Scientists were using precious lab time filling out manual POs, wasting thousands of dollars on administrative tasks.
- With no time to train employees, the system had to be easy to use and intuitive.
Solution
- Trius found ExpenseWatch.com’s on-demand expense control and compliance solution to be the best match for its purchasing needs.
- Punchout vendors and customizable catalogs enabled Trius to order detailed materials with elaborate, complicated SKUs, instantly from top suppliers.
- Simple integration with the existing QB 2005 accounting system enabled Trius to go live in a matter of weeks.
- On-demand technology enabled top-billing scientists to place orders from anywhere, at anytime, freeing them to use lab time more efficiently.
Results
- Trius grew 50 percent in its first year; the scaleable ExpenseWatch.com system expanded seamlessly to meet growing needs.
- The company was running efficiently on a Web-based purchasing system within weeks—budgets and orders are visible from anywhere.
- Quick ROI helped Trius to save more than $200,000 annually.
About Trius Therapeutics
Trius is a Biotechnology company formed in 2004, by a team of experienced scientists and entrepreneurs to create innovative antibacterial drugs.
