Our Clients

A State-of-the-art Financial Reporting Solution for Biotech
Investment Firm Celtic Pharma

CelticPharma

  • The Challenge

    As a global private equity firm investing in the growth of pharmaceutical and biotechnology companies, Celtic Pharma focuses on pharmaceutical products in the late-stage of clinical and regulatory development. The company needed to upgrade its financial planning and reporting capabilities from a Quickbooks-based system to a new, state-of-the-art financial reporting solution that was fast, powerful, agile, and scalable.

  • The Solution

    A custom financial reporting solution was developed and deployed by Netsoft USA, allowing Celtic Pharma to automate and integrate all key financial functions. This included investment tracking, portfolio review, financial reporting, and regulatory compliance. Netsoft USA deployed Microsoft Dynamics GP for financials and accounting, and automated the financial reporting system using reports built on top of the Dynamics GP product.

  • The Bottom Line

    Automated financial reporting and tracking allowed for better management of the entire Celtic Pharma portfolio. Scalability that could accomodate rapid growth without impacting performance or quality was achieved. The results were better risk management of financial and regulatory issues and smarter decision-making for a higher long-term return on the firm's investments.



Case Studies