R&D Logic

Roche Palo Alto, Cytokinetics, Metabolex, Nuvelo, Pharmos Corporation, Neurogen Corporation, Novacea, NPS Pharmaceuticals, Epix Pharmaceuticals, Avigen, Adamas Pharmaceuticals, Titan Pharmaceuticals, InterMune, Momenta Pharmaceuticals, Alnylam Pharmaceuticals, SGX Pharmaceuticals, FivePrime Therapeutics, Kalypsys, Via Pharmaceuticals, Catalyt Biosciences, Savient Pharmaceuticals, Tercica, Neurobiological Technologies, Ambrx, Portola Pharmaceuticals, Nevro Corporation, Medivation

R&D Logic’s product suite is the first solution designed by life sciences specialists for life sciences companies. Designed for matrix environments, R&D Logic is a single source for planning, tracking and reporting financial performance. R&D Logic enables multiple views or dimensions by R&D project, program, therapeutic area, functional department, alliance partner and more. Their customers achieve breakthrough operational performance by linking portfolio strategies to actions, planning dynamically and monitoring performance on demand.

• Save valuable time and improve visibility with quickly built strategic and operational budgets and forecasts by project, account and organization
• Perform powerful analysis of actuals to budget 
• Re-forecast with ease all or only critical business areas 
• Leverage dozens of pre-built reports, or build your own with our flexible reporting tools 
• Integrate to GL and payroll systems
• R&D Logic's product suite consists of the following components:
• R&D Manage is used for budgeting, forecasting, and tracking and allocating both direct and indirect expenses. Detailed reporting and analysis can be done by project, account and organization. With one set of financial data, strategic and operational financial plans spanning multiple time horizons are supported, as well as the ability to perform “what if” analysis.
• R&D Reporting provides users three distinct reporting capabilities that include standard reports, unlimited custom reporting and an optional feature rich P&L report capability.
• R&D Time collects and tracks time effort by project that eliminates the hassle of standard time collection methods. Employees' time is immediately converted into project full time equivalents for allocation purposes and can be measured and analyzed by project, program, collaborator and more.

The challenge facing life sciences companies trying to better manage R&D project finances is simple: traditional tools and applications weren’t developed for the specific needs of life science companies. How your organization goes about managing unique industry planning components such as people, collaboration, data collection, system integration, analysis, reconciliation and reporting has become much more complex. 

Customers use R&D Manage and R&D Time as their corporate budgeting, forecasting and tracking solution. Each deployment is fully integrated with local accounting and payroll systems, and, in some cases, with purchasing and time reporting systems. Finance, management and project leaders use R&D Manage to proactively plan and measure the business performance of their respective areas of responsibility. R&D Logic offers this unique solution in a hosted, On Demand format that enables customers to be up and running in 2-6 weeks without the need to install new hardware and software.

R&D Logic Inc. is the global leader of financial planning and tracking solutions specific to the life sciences industry. Their customers achieve breakthrough operational performance by linking portfolio strategies to actions, planning dynamically and monitoring performance on demand. R&D Logic is a privately held, profitable company whose management team has extensive industry experience. They are proud to contribute to the success of both public and private pharmaceutical, biotechnology and medical device companies in the life sciences industry.

Budgeting, Forecasting, Tracking, Time Collection, Reporting, Government Grants, Audit Requirements, Biotec, Pharma, Biotech, Pharmaceutical, Life Sciences, Beyond Excel