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What is biosuite?

Biotech companies commit significant spend through CRO agreements, CDMO agreements and consulting SOWs long before an invoice reaches the accounting system. biosuite makes that committed spend visible by connecting contract values, amendments and change orders with the purchase orders and invoices that follow. R&D, finance and budget owners share a view of contract value, committed spend, invoiced spend and remaining value. Structured PO approvals, suggested invoice-to-PO matching and receipt confirmation add financial control. On the Advanced plan, 3-way matching and ERP-mapped export are available. Budget owners and operational teams access their own POs and invoices without requesting reports or logging into an ERP. AI-assisted reading extracts financial details from contracts and invoices into editable drafts. Workspace data is EU-hosted and encrypted, and customer data is not used to train AI models. A free Starter plan with no time limit is available.

What is SAP Intelligent Spend Management?

Manage all sources of expenditure across different categories to create a unified financial perspective. SAP’s solutions for spend management enable prompt and well-informed decisions that drive your organization’s growth. This encompasses both direct and indirect spending, alongside external services, temporary labor, travel, and additional expenses. Moving away from traditional and disconnected spend management practices toward a smarter strategy can lead to impressive outcomes, starting with streamlined invoice handling. By digitizing and refining your complete source-to-pay workflows, you can enhance control over spending related to both direct and indirect materials, identify fresh saving possibilities, and strengthen your supply chain. Moreover, effectively overseeing your external workforce and service providers throughout their entire lifecycle requires managing everything from onboarding and billing to tracking milestones, ensuring project completion, and facilitating secure off-boarding with quality assessments. In addition, you can aggregate and capture travel and expense data from nearly any transaction, which will improve your overall financial insights and decision-making capabilities. This all-encompassing strategy not only simplifies processes but also promotes sustainable operational excellence, ensuring your organization remains competitive in the long term. Ultimately, embracing such a comprehensive approach can lead to transformative growth and enhanced financial health.

Media

Media

Integrations Supported

Integrations Supported

SAP Ariba
SAP Concur
SAP Fieldglass
SAP Joule
SAP Store

API Availability

Has API

API Availability

Pricing Information

$0
The Starter plan is free with no time limit and includes 3 team members. Additional users cost €14/month each.

The Professional plan is free for the first 3 months, then €198/month. It includes 3 team members, 30 invoices and 15 purchase orders per month. Additional users are €14/month each, and additional documents cost €4 each.

The Advanced plan uses custom pricing.
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Webinars
On-Site Training

Company Facts

Organization Name

biosuite ApS

Date Founded

2026

Company Location

Denmark

Company Website

biosuite.io/

Company Facts

Organization Name

SAP

Date Founded

1999

Company Location

United States

Company Website

www.sap.com/cmp/dg/intelligent-spend-management/index.html

Categories and Features

Procurement

Budget Management
Contract Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals
Spend Management
Supplier Management

Spend Management

Approval Workflow
Expense Tracking
Multi-Currency
Procurement Management
Receipt Management
Spend Control
Supplier Management

Categories and Features

Procurement

Contract Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Contract Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Spend Management

Spend Control
Supplier Management

Vendor Management

Supplier Master Data

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