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Implement Dynamics AX for research focused biopharma company
![Business Need](https://sequent-tech.com/wp-content/uploads/2023/07/Business.png)
Business Need
![Objective](https://sequent-tech.com/wp-content/uploads/2023/08/objective.jpg)
Objective
![Stakeholders](https://sequent-tech.com/wp-content/uploads/2023/07/stakeholder.png)
Stakeholders
![](https://sequent-tech.com/wp-content/uploads/2023/07/MicrosoftTeams-image-5-1.png)
![Approach](https://sequent-tech.com/wp-content/uploads/2023/07/Approch.png)
Approach
![Results](https://sequent-tech.com/wp-content/uploads/2023/07/Result.png)
Results
Business Need
- Tracking and reporting of spend on research and development projects.
- Common vocabulary/categories for spend tracking through out the organization
Objective
- Stabilize existing Dynamics AX implementation
- Improve data quality for tracking spend
- Develop processes and workflows to speed up accounts payable
Stakeholders
- Department leads
- Finance
- Information technology
![](https://sequent-tech.com/wp-content/uploads/2020/01/bg-counter-1.jpg)
Approach
- Analyzed existing processes and data
- Developed data quality plan to align finance and senior management expectations
- Implemented common spend categories across all departments
- Rolled out budgeting, purchase agreements and electronic payments
- Remapped existing data
- Developed drill thru reports for spend analysis at all levels of the organization
Result
- Better understanding and control of spend
- Reduced support costs
![](https://sequent-tech.com/wp-content/uploads/2023/07/dynamic-ax-result-1.png)
![](https://sequent-tech.com/wp-content/uploads/2023/07/dynamic-ax-result-2.png)
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active Clients
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projects done
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team advisors
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Glorious Years
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The global economy is moving towards a new identity. In order to remain competitive and profitable, the banking and finance.