Researchers at La Jolla Institute for Molecular Medicine search for cures for cancer and cardiovascular diseases. Behind the scenes, running the business was a never-ending search through paper, as the institute had run most of its accounting processes on paper and computer spreadsheets since being founded in 1989. Although La Jolla Institute for Molecular Medicine considered other solutions, NetSuite offered the best value, providing customization flexibility for the unique needs of biotech while delivering an affordable price. Overall, back-office productivity has at least doubled, and financial planning is a matter of rock-solid and prompt facts, not tardy guesswork.
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