Solution by Industry
We help life sciences companies replace basic accounting software with platforms built for the complexity of biotech and pharma.
Life sciences businesses face unique financial challenges. Pre-revenue companies burning through funding while tracking R&D costs by project and grant. Clinical-stage organisations managing complex corporate structures across multiple jurisdictions. Commercialising businesses suddenly needing supply chain infrastructure and manufacturing compliance.
Whether you’re an early-stage biotech outgrowing QuickBooks, a scaling company preparing for your next funding round, or an established life sciences organisation managing global subsidiaries, your finance systems need to support where you’re going, not just where you are today.
Manual processes that don’t scale
You’re still running critical finance processes in Excel. As you grow, what worked with a small team becomes a bottleneck that slows everything down.
Investor reporting that takes too long
Your board and investors need detailed financial reports, burn rate analysis, and runway projections. Pulling this together manually takes days every month.
R&D cost tracking across projects and grants
You need to track spend by project, department, grant, and cost centre. Your current system treats everything as one bucket.
Compliance requirements you’re not ready for
SOX compliance, GMP manufacturing, international tax standards. Your basic accounting software wasn’t built for any of this.
Corporate structure changes outpacing your systems
New subsidiaries, international entities, changing ownership structures. Every corporate change means manual workarounds in your finance system.
No clear audit trail
Auditors need complete transaction history and approval workflows. Your current system makes this harder than it should be.
“Eureka helped us pull all the disparate parts of the business into one system and after 8 months of using it, it is hard to imagine being without it now. It was a steep learning curve for everyone using the system but having Eureka on hand and a support line available, they minimised the disruption and ensured our business never stopped operating. We went from a 4 user Sage 50 system to a 30 user Sage 200 system in a matter of months.”
Steven Donnachie, Company Accountant
NeogenSapio Sciences“What really made a difference with NetSuite wasn’t just the software—it was the team behind it. Having experts who truly understood our business needs made all the difference.”
“The Eureka Solutions team had the confidence to challenge us on our processes where necessary, and the result is that we get much more out of the system than we otherwise would have… it was clear from our first conversation that their knowledge of NetSuite and their pragmatic and practical approach meant they really understood our requirements.”
CFO
DotmaticsBitBio“We wouldn’t be able to live without it now. After working with multiple ERP systems over 20 years, NetSuite is the best I’ve worked with and it’s the one I would recommend.”
Scalable infrastructure from day one
A platform that supports you from pre-revenue through clinical stages to commercialisation, without needing to replace systems as you grow.
Investor-grade reporting and visibility
Real-time dashboards, burn rate tracking, and runway projections. Give your board the visibility they need without the manual effort.
R&D cost analysis by any dimension
Track spend by project, department, grant, location, or any other classification. Understand exactly where your money is going.
Compliance and audit readiness built in
Complete audit trails, approval workflows, and SOX compliance capabilities. Make your next audit smoother, not harder.
Global business management
Multi-subsidiary consolidation, multi-currency, multi-language. Expand internationally without your systems holding you back.
Robust Control for Established Life Sciences
For UK-based life sciences companies needing strong financial controls and deep cost tracking without enterprise complexity. Comprehensive project accounting for R&D spend, multi-entity consolidation, and detailed audit trails. Available on-premise or cloud-hosted, with the flexibility to match your compliance requirements.
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Scalable ERP for High-Growth Life Sciences
For life sciences companies from early-stage through commercialisation who need investor-grade financials and infrastructure that scales. Real-time visibility across global subsidiaries, R&D cost analysis by project and grant, SOX-ready controls, and Oracle-backed compliance. The platform that grows with you from Series A to IPO.
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Cloud Finance for Earlier-Stage Life Sciences
For pre-revenue and early-stage life sciences companies outgrowing QuickBooks or Xero. Cloud-native financial management with project-based cost tracking, multi-currency support, and the reporting depth investors expect. Powerful enough for grant management, intuitive enough for lean finance teams.
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“The Eureka Solutions team had the confidence to challenge us on our processes where necessary, and the result is that we get much more out of the system than we otherwise would have… it was clear from our first conversation that their knowledge of NetSuite and their pragmatic and practical approach meant they really understood our requirements.”
– CFO
Complete and consolidated financial visibility of the global business.
Elimination of spreadsheets and manual processes from core accounting tasks.
Ability to concentrate on growing the business, making effective decisions based on reliable data.
Ease of expansion into new geographical territories.
“We wouldn’t be able to live without it now. After working with multiple ERP systems over 20 years, NetSuite is the best I’ve worked with and it’s the one I would recommend.”
No additional systems or adaptions required to support growth
No reliance on heavy customisation
Processes shaped naturally with the business
“We chose to work with Eureka Solutions as they clearly understood our business problems. Implementing NetSuite has increased the efficiency of our business, enabling us to strengthen customer relationships.”
Month end close 75% faster
Manual/duplicate data entry eliminated
Expense allocation time reduced 50%
“Eureka helped us pull all the disparate parts of the business into one system and after 8 months of using it, it is hard to imagine being without it now. It was a steep learning curve for everyone using the system but having Eureka on hand and a support line available, they minimised the disruption and ensured our business never stopped operating. We went from a 4 user Sage 50 system to a 30 user Sage 200 system in a matter of months.”
– Steven Donnachie, Company Accountant
System created to support growth
Customisation has streamlined processes
Increased staff productivity
Information easily accessed throughout the organisation
“What really made a difference with NetSuite wasn’t just the software—it was the team behind it. Having experts who truly understood our business needs made all the difference.”
50% fewer finance hires than would have been required on old system
50% less time to complete revenue recognition
20 seconds to create consolidated P&L
67% reduction in month end close
100% elimination of spreadsheets and manual processes from core accounting tasks
If you’re outgrowing basic accounting software, preparing for your next funding round, or just need finance systems that can keep pace with your growth, let’s have an honest conversation about what you actually need.
Prefer to talk now? Call our specialists directly:
01355 581 960
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