Webinar
Scaling Business Operations for Emerging Life Sciences Companies – Key Considerations for Driving Growth and Effective Risk Management
Emerging life sciences companies continue to be a critical driver for innovation across all industry segments. Yet, many of them continue to face significant challenges in scaling their operations efficiently along a business horizon of on average 13 – 15 years from early discovery to product launch. This task is further complicated by the continuous growth in the cost of bringing new products to market. At the same time, they need to build effective risk management and compliance programs in order to succeed in a highly regulated environment. This webinar will explore these challenges and identify specific ways in which companies can achieve operational scalability while managing risk through NetSuite solutions designed to support growth at every stage of the life sciences journey:
- Building a scalable, data-centric foundation: we will focus on how companies can effectively manage and scale their key data assets (clinical data, financial data, commercial data) in a way that also ensures compliance with regulatory requirements
- Modernizing core business operations with ERP: Explore how scalable ERP technology can effectively address the need for automation in key business areas such as Finance Operations, Clinical and R&D, Supply Chain, HR etc.
- Embedding risk and compliance into your technology landscape: Discover how a risk-based approach to governance helps organizations maintain validated systems, meet evolving regulatory expectations and reduce operational risk as they scale.
- Harnessing AI responsibly to accelerate growth: Understand how AI can be used to break scalability barriers and how companies can continue to manage effectively the risk associated with the growing use of AI
Register today to learn practical strategies for scaling your organization while managing risk and compliance.
Mario Prohasky, Director
Mario Prohasky is a director with Baker Tilly’s digital solutions practice. He is an experienced risk management professional and advisory services leader focused on driving business process transformation through effective compliance. He has extensive experience in global compliance program design and operations including effective delivery of digital and data assets designed to enhance compliance processes. Prior to joining Baker Tilly in 2022, Mario spent nearly five years establishing and leading the EMEA commercial compliance consulting practice at a global life sciences advisory firm in London. He held several positions supporting the industry, including at a boutique life sciences consulting and technology firm, where he led the healthcare professional (HCP) engagement practice area with a strong focus on global fair market value (FMV) and other compliance control areas such as transparency reporting, auditing and monitoring. Mario’s experience includes assessing, designing, implementing and operating advisory and technology solutions designed to mitigate various risks spanning legal, healthcare compliance, commercial operations as well as broader strategic risks.
Chris Millet, Managing Director
Chris has partnered with businesses, owners, and managers to help them reach both personal and organizational goals since 2000. With direct involvement in hundreds of system implementations, he’s skilled in implementing leading practice accounting and reporting processes, financial planning, profit improvements, internal controls, and IT systems. Chris’s knowledge and experience spans several industries, including retail, wholesale, distribution, manufacturing, shipping and logistics, global sourcing, engineering, and import/export. Prior to joining the firm, Chris consulted on enterprise resource planning (ERP) implementation, working directly with clients to document and validate their business requirements, map them to NetSuite functionality, and configure and customize the NetSuite application to meet their business requirements.
Darren Jones, Principal
Darren is a risk management professional focused on the unique challenges of the life sciences industry by leveraging a 20-year career in audit, compliance and consulting where he supported a diverse global portfolio of clients spanning all stages of maturity.
Darren leads a multidisciplinary practice supporting companies in the industry by leveraging more than 20 years of global experience in management consulting, audit and compliance. He has supported a diverse global portfolio of clients spanning all stages of maturity and industry segments. Baker Tilly’s life sciences consulting practice supports clients in balancing opportunity and risk through thoughtful insights and practical support across critical business functions including market access, compliance, commercial operations and medical affairs.
Darren’s experience includes designing, implementing and operating solutions designed to mitigate risk while aligning to performance expectations for brands. Through managing compliance operations for clients and supporting commercial and medical affairs efforts of specialty pharmaceutical companies, Darren brings a unique performance driven approach to solving the dynamic challenges of the industry.
Labi Rabiu, Principal
Labi has worked in strategy, selection, and implementation of enterprise systems across multiple industries since 1997. He’s a certified consultant with experience in diverse ERP implementations, has an accomplished record of managing business process automation projects, and is knowledgeable in accounting and operational functions. Labi has extensive experience assisting companies in defining technology road maps and selection of ERP, BI, CRM, and HCM systems. Additionally, he’s led and delivered multiple ERP system implementations and optimizations including SAP Business One, Microsoft Dynamics GP, and NetSuite. Prior to joining the firm, Labi spent more than 10 years working in IT strategy and compliance roles at national IT consulting companies.
- Identify strategies for managing and scaling clinical, financial, and commercial data while maintaining compliance with applicable regulatory requirements.
- Describe how ERP technologies can be deployed to support scalable automation across key business functions, including Finance, Clinical and R&D, Supply Chain, and Human Resources.
- Explain how a risk-based approach to technology governance helps maintain ERP and other critical systems in a validated and compliant state.
- Assess opportunities to leverage artificial intelligence to improve scalability and identify key risks and controls associated with AI adoption.
Advance preparation is not required. There is no cost to attend this webinar.
CPE credit: One (1) hour total credit
Level: Basic
Field of study: Specialized Knowledge
CPE Host: Kristen Peterson
A certificate of completion will be emailed to you four to six weeks after the event.
For more information regarding administrative policies such as complaint and refund policies, please email [email protected]
Baker Tilly is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org.