Inari Medical, Inc. is a commercial-stage medical device company focused on developing products to treat and transform the lives of patients suffering from venous diseases. When their R&D team needed a robust purchasing solution that would not slow innovation, they turned to Procurify.
The challenges
Inari Medical had recently transitioned from QuickBooks Online to NetSuite to gain better control over inventory purchasing. However, the ERP left a gap in the R&D team’s agile purchasing process. Even with NetSuite, managing non-inventory items required for clinical research meant using spreadsheets, emails, and paper purchase orders.
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Lack of visibility and control: Complicated spreadsheets and scattered documentation gave little visibility into Inari’s spend. Without direct access to vendors for specialized items, engineers experienced frequent miscommunication and delays.
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Time lost on low-value tasks: With paperwork all over the place, Inari’s AP team was wasting time tracking down paper purchase orders and searching for missing packing slips, instead of analyzing business spend to unlock efficiency improvements.
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Costly licenses: For every team involved, cost reduction was at the forefront of the decision-making process. Teams discussed adding purchasing seats on NetSuite for engineers on the R&D Team, but the license costs were unjustifiable.
The solution
Inari needed a purchasing solution that integrated with NetSuite and empowered their engineers to easily purchase what they required. That’s when they reached out to Procurify.
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Procurify NetSuite integration: Inari now has a centralized source of truth for purchase orders, packing slips, and invoices, reducing the time spent searching for missing documents. Their AP team can rest easy knowing they have the information they need to create bills, complete three-way matches, and process payments.
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Efficient, automated workflows: Today, the R&D Team makes all of their purchasing requests through Procurify. When an engineer receives a purchase approval notification, they can create their purchase order and submit it to their vendor, all from Procurify.
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Stronger vendor relationships: Inari Medical manages their vendor relationships directly in Procurify. Team members can create and directly email purchase orders, and leverage vendor insights to drive data-driven conversations with suppliers that strengthen relationships and cut costs.
Takeaways
Inari Medical continues to scale their team and perform critical research to help create safer and more effective ways to save the lives of their patients. Procurify’s integration with NetSuite can help your organization:
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Seamlessly sync account codes, purchase orders, item receipts, vendors, inventory items, and bills across systems
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Streamline three-way match in Procurify and push approved bills into NetSuite
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Reduce the number of NetSuite licenses required by having your team work directly out of Procurify
