Pharmaceuticals
Automate time tracking for FDA compliance
Our pharmaceutical customers use Journyx Timesheet data for global headcount reporting and tax credits on projects where tax credits are applicable. By providing detailed cost accounting data on projects and critical documentation necessary for audits, Journyx has proven its ability to meet FDA compliance needs for global organizations throughout the entire pharmaceutical sector.
Collect time and expense data as a key component in cost management strategy
Journyx Timesheet allows labs to measure project and product sustainability. Scientists track time to clinical trials in various phases:
- Is the drug safe?
- Is the drug effective?
- Larger scale studies
- FDA phases
- Product launch
- Continuing clinical trials which allow for patent re-captures
This data helps them understand on a global level what the hours/costs were to bring products to market. Our cloud computing or licensed installations integrate with key Finance and HRIS ERP systems.
Determine whether or not projects and products will proceed from clinical trials to large scale development
Tracking time for research & development projects and clinical trials gives Journyx customers insight into project and product costs to determine whether or not the product will be profitable. Many customers save thousands due to the insight they receive from Timesheet data. Journyx Timesheet’s standard software and tailored solution options can solve diverse project tracking requirements to best fit an organization’s needs.