Why SAP?
Zymeworks
• Scalable with forecasted company expansion • Most cost-effective of all solutions considered • Singular, centralized access point for all data • Automated processes and tools for all departments • Enhanced reporting and analytics functions • Industry leading inventory and costing modules
Life Sciences | Canada RISE with SAP S/4HANA Cloud Private Edition
90% Reduction in vendor interactions for invoice processing 80% Less time spent on month-end bookkeeping
70% Fewer HR touchpoints for manual processes
Integrating and Modernizing Processes with Robust, Automated Solution For two decades, Zymeworks has developed novel medicines for patients with difficult-to-treat cancers and other serious diseases. However, manual processes spanned its HR, finance, supply chain and procurement operations, and the biopharmaceutical company needed a more user-friendly approach to extend its reach. So, the firm sought an automated solution that streamlined and standardized its processes. An improved user experience — with enhanced data visibility and a single source of truth — helps Zymeworksleverage its technology foundation to make a meaningful difference for people around the world being afflicted by cancer and other diseases.
50% Less time required to produce annual operating plans
Goal reduction in time and effort by end of 2023
Challenges
• Siloed demand planning & forecasting processes • Lack of standardization & automation • Lack of collaboration & capability to scale
“My vision for Zymeworks is to embrace technology that enables us to focus on raising value and lowering risk, resulting in an efficient and scalable business built for innovation and growth.”
Outcomes
SVP and CFO, Zymeworks -Chris Astle
• Optimized operations, inventory and supply chain management • Improved finance operations
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