Case Study
Cardax Pharma
The Customer
Cardax Pharmaceuticals is a drug discovery and development company targeting significant unmet medical needs where inflammation plays a crucial and often newly defined pivotal role. While most anti-inflammatory treatments have significant long-term side effects that limit their utility, Cardax Pharmaceuticals has developed a novel approach to treating inflammation that is inherently safer yet highly effective. The Company’s first product targets cardiovascular disease, the largest sector of the pharmaceutical industry.
The Challenge
Cardax Pharmaceuticals understands that breakthrough technologies and streamlined operations at all levels, including the complex requisition process, are critical to success, Before utilizing eRequisition, Cardax Pharmaceuticals used a custom Microsoft Access-based application to create and manage the Company’s requisitions. While the application offered essential requisition tools, it needed electronic routing, which hindered the approval process by requiring requisitions to be printed and carried from desk to desk for signature and scanned and e-mailed to offsite supervisors. The system also lacked integration with Cardax Pharmaceuticals’ existing accounting software, requiring data to manually transferred between systems. Recognizing the limitations of the application in place, Cardax Pharmaceuticals set out to find a fully electronic, turn-key solution, able to create and manage requisitions and integrate seamlessly with existing accounting systems, and found eRequisition.
The Solution
eRequisition is a powerful web-based application service designed to enable leading companies to streamline their requisition process and save time, effort, and money. With an easy-to-use interface, eRequisition enables multiple users in an organization to initiate, review, and approve requisitions and create purchase orders in their organizations’ ERP applications. Its highly sophisticated, rule-driven engine enables administrators to apply specific business rules to their organization.
David M. Watumull |
Program Manager | Cardax Pharmaceuticals
This system not only allows my many users to create a requisition, but it also automatically routes the requisition for the appropriate approvals and once all approvals have been obtained, it syncs with QuickBooks, and I do not have to re-type it all in QuickBooks. This system is a huge time-saver for me, and I quite like it!
Teresa Wong |
VP Operations | Cardax Pharmaceuticals
Effortlessly create and submit purchase requests online. Customize the approval workflow to match your organization’s hierarchy and policies, ensuring efficient authorization of purchases. With up to six levels of approval, eRequisition empowers users to set limits and assign departments as needed, streamlining the approval process.
