WuXi AppTec Case Study
Pharmaceutical and medical device technology leader uses SIMCO CERDAAC to meet high industry and regulatory standards of excellence
Read the entire case study here.
BUSINESS CASE
- As part of the evaluation process, SIMCO provided WuXi AppTec with a business case detailing the savings SIMCO’s CERDAAC software would provide over the company’s current approach, with cost savings and other benefits including:
- 477% Return on Investment
- $148,550 savings annually including:
- ~1000 hours saved in audit support
- Cost Savings: 138,550/year
- $33,750 in Audit Costs Time Savings
- $32,500 in Data Entry Cost Savings
- $30,000 in Equipment Downtime Cost Avoidance
- $18,000 in SaaS Validation Costs Savings
- $10,800 due to OOT Event Traceability
- $9,000 OOT Case Management Time Savings
- $4,500 reduction in inefficiencies due to limited license cost savings
Additional Benefits >$10,000/year:
- Reduction in Human Error
- Time Savings via Automatic Reports
- Increased Data Analytics
- Automatic Backups
- Paper Cert is Missing or Destroyed
- Correct Procedures/Specifications
- Ensure Audit Readiness
- Reduced IT Costs due to Cloud-based Solution
“If we had purchased ten licenses of one of the other systems, it would have taken us a decade to spend that same amount of money with SIMCO CERDAAC.That’s a pretty big upfront investment, and we would only have been using limited functionality out of that system. For our needs, SIMCO software was a much better solution.” — Lukin Moline, Validation Specialist, WuXi AppTec