Accelerating ERP Vendor Selection: How a Global Firm Achieved 47% Cost Savings in 8 Weeks

FT500 Gene Therapeutics needed more than just a new ERP system—They were looking for a finance foundation that could scale globally and support real-time decision-making. Their goal was to replace fragmented tools with a modern, integrated solution that ensures compliance, boosts efficiency, and drives long-term value. Let’s look into how Quantisage helped dive deep into the ERP Vendor assessment process with the client and helped client choose the right system to support its long-term vision.

Client: New England based Gene Therapeutics
Industry: Life Sciences
Size: 3000+ employees
Location: Boston

Challenges:

A diversified enterprise operating in 6 jurisdictions was struggling with five disjointed legacy finance applications that:

added 7–10 manual spreadsheets to every month-end close, stretching the cycle to 12 days;
hid real-time cash-flow data, delaying critical decisions by 48 hours on average;
exposed the company to mounting compliance risk—auditors flagged 30 control gaps across regions.

The leadership team needed an accelerated, data-driven vendor-selection process that would compare best-fit ERP integration suites and prove long-term scalability.

Action:

Requirements Sprint (Week 1-2) – captured 120+ functional & technical requirements and prioritized integration use-cases.
Vendor Short-List (Week 3) – trimmed a long list of 11 platforms down to Oracle FCC, OneStream, and Anaplan.
Structured Demos (Week 4-6) – facilitated 9 scenario-based demonstrations; each vendor showed currency translation down to entity, account, and transaction level.
Quantitative Scorecard (Week 7) – compared 100+ weighted criteria (TCO, performance, security, auditability, process fit).
Executive Recommendation (Week 8) – delivered a final report with 52 documented pros/cons and a clear “go-forward” choice.

Results :

Adopted the recommended platform and cut finance labor and internal IT support costs by 47 %.
Month-end close shrank from 12 days to 5 days—a 112 % boost in reporting efficiency.
Real-time dashboards now refresh every 15 minutes, giving treasury a current view of global cash.
Compliance findings fell to zero in the next external audit, eliminating an estimated $280 k in potential penalties.
The project paid for itself in under 9 months and positioned the company for future acquisitions without additional ERP re-work.

Client Testimonial

“We set out to replace guesswork with data-driven clarity—and in eight weeks we had a vendor decision we could trust. The new platform hasn’t just unified our finance stack; it’s freed our team to focus on growth instead of spreadsheets.”

— Chief Financial Officer

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