ERP PharmaBiz Press Release. Phramaceutical ERP Software

Originally Published in PharmaBIZ (pharmabiz.com)

AI-powered cloud enterprise solutions to address challenges related to market dynamics, regulatory requirements: Expert

Shardul Nautiyal, Mumbai
Wednesday, October 4, 2023, 08:00 Hrs [IST]

AI-powered cloud enterprise solutions are, today, required to address challenges of pharma companies related to changing market dynamics and evolving regulatory requirements, according to Nilay Sharma, director, Proteus Technologies.

Proteus Technologies is a leading enterprise application-centric company. It has recently launched an artificial intelligence (AI)-infused Enterprise Resource Planning (ERP) solution – VISION ERP embedded with AI, designed for the pharma industry.

AN ERP designed for the pharmaceutical company can help a manufacturer of pharmaceutical products ensure they meet the stringent compliance requirements by automating and controlling the manufacturing process as per the defined operating procedures. Batch traceability, integrated quality process recipe management, very strong document control and granular audit trails help manufacturers achieve GMP and FDA compliance with ease. A pharmaceutical-ready ERP solution provides a wide range of automation in material and manufacturing processes by directly integrating with instruments and machines eliminating data errors.

Targeted at start-ups and established organizations where scaling AI is done as per the company’s need, Proteus Technologies product VISION ERP allows customers to not just scale, pivot, and innovate, but also to predict, optimize, and strategize, thus harnessing AI as a key to unlocking new dimensions of adaptability.

Sharma further says that adaptability is a competitive necessity and not just a virtue. “Our mission is to empower small and medium-sized pharma organizations to navigate change with confidence, leveraging the transformative power of AI, by integrating it with ERP. Proteus Technologies provides highly customizable ERP embedded with AI solutions. Whether it is AI-driven compliance management, supply chain optimization, or predictive sales performance tracking, the AI-infused ERP adapts precisely to meet specific requirements,” he adds.

AI-embedded ERP is helping manufacturers predict points of failure in processes and plan predictive maintenance of equipment. It is helping organizations evaluate their vendors in a proactive way.

“Vision AI document feature is already helping customers to convert documents to sales orders with a near 100% accuracy. Image AI is also used to cross-verify automatically the data entry and the information in the image and prompts users of a likely error. Organizations can experience increased efficiency and sustainable growth by leveraging AI software, through intelligent automation, predictive analytics, and optimized supply chain management within their ERP systems. Cloud-based solutions eliminate the need for hefty upfront investments, replacing them with a pay-as-you-go model that optimizes IT budgets, thus translating into cost,” Sharma explains.

He concludes that with a team of skilled professionals and a commitment to innovation, Proteus Technologies has emerged as a reliable partner for businesses looking to leverage technology to drive growth and success. The company’s aim is to create adaptable, ever-evolving ecosystems that empower small and medium-sized organizations to thrive in an ever-changing business landscape.

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