Centralized Payment Automation

Payments aligned to milestones. Invoices matched at the line level. Reconciliation handled before month-end surprises you.

The Problem This Solves

There is always an invoice stuck somewhere. There’s an invoice in your queue right now that someone needs to approve, reconcile, or chase down. Multiply that by every supplier relationship across your R&D portfolio, and the administrative drag—and hidden cost risk—adds up fast.

When each supplier brings different invoicing formats, payment terms, currencies, and documentation requirements, manual reconciliation isn’t just slow. It increases the risk of overpayments, mismatched rates, and limited budget visibility—creating financial exposure and making cost control harder when it matters most.

Enter: unified payment processing.

Centralized Payment Automation

Payments aligned to milestones. Invoices matched at the line level. Reconciliation handled before month-end surprises you.

How It Works

From manual reconciliation to automated processing

• AI-powered payment engine
  Optical character recognition (OCR) and machine learning (ML) catch errors in real time, matching supplier invoices to orders within seconds of receipt.

• Automated Invoice Matching
  Line-level matching between purchase orders, invoices, and project milestones. Discrepancies flagged automatically before payment is released.

  What you get: Payments approved faster. Suppliers paid accurately and on time.

• Automated Rate Card Enforcement
  Rate cards built into the platform enforce agreed pricing at the line level. No manual verification against contract terms required.

  What you get: Agreed pricing enforced automatically. Overpayment caught before it happens.

• Centralized Payment Processing
  All supplier payments processed through a single system with audit trails and approval workflows.

  What you get: Complete spend visibility across every external R&D relationship. One system, one record.

• Milestone-Based Payments
  Tie payment release to project milestones and deliverable verification.

  What you get: Payment tied to confirmed completion. Financial risk reduced on project-based engagements.

Budget Tracking and Alerts

Real-time spend tracking against approved budgets, with automated alerts when thresholds are approached.

What you get: Proactive budget management. No surprises at month-end.

Deliverable Tracking

Track service deliverables and link them to payment milestones for complete project financial visibility.

What you get: Clear connection between work performed and payments released.

Multi-Currency Support

Handle global supplier relationships with multi-currency payment processing.

What you get: Simplified management of international supplier payments.

ERP Integration

Sync payment data with SAP, Oracle, and Workday. Finance teams work in familiar systems.

What you get: No duplicate data entry. Payment data flows automatically to financial systems.

Audit-Ready Documentation

Complete payment history with supporting documentation for regulatory submissions and internal audits.

What you get: Regulatory-ready trails without manual compilation.

Proof

Automated payment processing as a strategic advantage

"I received two quotes – one for $119K and one for $69K – for the same service. The competitive pricing and trusted supplier network greatly benefit our company."
- Head of Research, Top 50 Pharma Company

~$150K Annual productivity gains
25% More time focused on lab work
10-20% Annual cost savings via competitive sourcing & intelligent sourcing

Payment automation is part of our intelligent infrastructure for science.

See the full platform to understand how payment automation removes friction holding science back.