Biotechs
As biotech companies navigate the complexities of rapid growth and regulatory compliance in multiple territories, having a robust and scalable business platform becomes crucial.
Specifically designed for biotech companies
Upvance is the business platform built for research-driven biotechs. It brings together business, finance, procurement, and planning, all in one seamless solution.
Upvance is designed to grow with your company, offering a scalable and robust solution that seamlessly connect all aspects of your operations. With integrated modules covering research, clinical, manufacturing, and commercial functions, this ERP system ensures that every part of your business is aligned and working efficiently. Additionally, Upvance comes with built-in compliance features for GxP, FDA, EMA, and other global regulations, providing regulatory confidence and simplifying audit readiness.
Transform Biotech Management in your private cloud
Powered by SAP technology, our trail-blazing software business platform is delivered as “Software as a Service (SaaS)”, in your private cloud. It is hosted by Tenthpin and designed to be implemented with a full and standardized Biotech-specific template (including change management) by Tenthpin within 6-8 weeks. Upvance promotes transparency in financials, processes, and project management to facilitate better decision-making. It leverages proven best practices to deliver quick and reliable results.
Highly scalable solution growing with you
Upvance doesn’t require significant investments and can be implemented without significant risks to ongoing business operations. It is a highly scalable solution that can grow with the company and adapt to changing business requirements, from pre-IND to LoE.
Faster from lab to market: Ready to free yourself up for innovation?
Upvance takes care of the admin work, so you can take charge of your business and focus on what really matters – innovation.
Accurate Financial Reporting
Upvance delivers real-time financial reporting, ensuring that all financial data is accurate, up-to-date, and readily available for potential investors or acquirers.
Precise Cost Management
The system’s robust cost management features help track and control operational expenses, providing a clear picture of the financial health of your business.
Due Diligence Readiness
By providing detailed insights into revenue streams, expenses, and financial projections, Upvance aids in company valuation processes, making it easier to show the true value of the company.
Easy Strategic Planning
Advanced analytics tools help management plan and execute strategic moves such as IPOs or out-licensing deals, ensuring that financial decisions are data-driven and strategically sound.
Greater operational efficiency
By reducing manual processes and improving data accuracy, companies can achieve greater operational efficiency. The ERP system’s advanced analytics capabilities enable data-driven decisions, providing strategic insights that can drive business growth.
Scalable as you need it
Additionally, it flexibly adapts to your biotech’s growth from pre-IND to product launch, positioning biotech companies for sustained growth and success. Upvance provides unparalleled financial visibility and control, essential for biotech companies planning potential exit scenarios such as buyouts, acquisitions, IPOs, or out-licensing deals.
“Powered by SAP technology, Upvance is your command center: an all-in-one platform, private cloud hosting, advanced technologies and ready-to-use best practices. Future-proof, as it flexibly adapts to your biotech’s growth.”
Michael Schmidt
, Partner and Member of the Executive Board, Tenthpin
Ready to free yourself up for innovation? Experience Upvance. The business platform built for research-driven biotechs
Services that elevate your work
We are at your side
Our IT Service Management (ITSM) allows users to raise tickets, such as service requests or incident reports. This tool serves as a single point of contact for all inquiries related to the software product.
Extensive Service Catalog
The ITSM includes a service catalog, which lists all the recurring services specific to the software product. You can request these services for various requirements.
Use Cases
Smarter Project Management
The all-in-all-tool that makes your day: Upvance provides efficient project management capabilities for flexible planning, budgeting and resource allocation, with a change log and historical tracking capabilities, as well as…
Purchasing intuitively done
Purchases are getting rapid and fun: Purchasing in Upvance provides an intuitive and user-friendly experience for managing the acquisition of non-GxP and non-stock goods and services, ensuring the key purchasing process steps, from creating…
Finance & Controlling re-thought
Never again a cent slipped through your fingers: Upvance’s Finance module deals with overall financial reporting and accounting, while Controlling focuses more narrowly on planning and monitoring costs. Upvance’s Finance and Controlling (FICO) offers…
My Expenses & My Timesheet
With Upvance’s powerful expense recording app, My Expenses, seamlessly integrated into your MyHome screen you have real-time tracking, intuitive categorization, and comprehensive reporting, ensuring accuracy and transparency for you and for your company.
Upvance for
Investors
Why Upvance supports future growth: Investors in biotech companies using Upvance can expect several key advantages – especially when considering exit scenarios such as IPOs, buyouts, or acquisitions.
Big Pharma
Pre-secure the advantage to stay ahead. Big Pharma companies collaborating with Biotech can benefit from Upvance in many ways. Learn how Upvance supports to integrate, innovate and accelerate.
Knowing how your Biotech gets growing:
One platform to accelerate your business