Answerthink Introduces EzPharma, Pre-Configured mySAP Solution Integrating Best Practices for Life Sciences Companies

Answerthink, Inc. announced today EzPharma, a custom mySAPâ„¢ All-in-One solution designed to offer pharmaceutical companies and others in the life sciences industries a powerful, low-cost, and easy-to-implement solution that can help improve time to market, enhance quality control, and streamline compliance efforts. EzPharma has been pre-configured by Answerthink to support business processes specific to growing life sciences companies. As part of its implementation efforts, Answerthink can also integrate industry expertise and proven best practices from The Hackett Group, a business advisory firm and an Answerthink company.

In addition, Answerthink today announced that it has increased its territory as a certified SAP® software reseller. The new territories will expand Answerthink’s ability to sell SAP to small to midsize businesses (SMBs).

Answerthink is a leading business and technology consulting firm that enables companies to achieve world-class business performance. Answerthink is also a geographic SAP reseller and provides maintenance and support services for SAP within the United States, currently supporting more than 50 clients.

EzPharma has been customized by Answerthink specifically to suit the needs of growth-oriented life sciences companies. It is pre-configured with more than 472 business processes, 58 standard reports, 25 forms, and 28 pre-defined business roles that are unique to life sciences companies. Answerthink can also utilize its Best Practices Implementation (BPI) approach and tools to configure EzPharma to support Hackett-certified practices which have proven their ability to help world-class companies improve the efficiency and effectiveness of their operations in finance, IT, HR, procurement, and other areas. BPI provides Answerthink consultants with the information, analysis, and tools they need to directly correlate proven best practices to configuration decisions in SAP and other leading applications.

“Life sciences companies face unique challenges. The more they can streamline operations, and the faster they can bring products to market, the better. Only Answerthink and EzPharma can help them do this through the powerful combination of an SAP solution plus industry-specific business processes and proven best practices from The Hackett Group,” said Answerthink Managing Director Ken Coppins. “One excellent example of this is in the regulatory area. EzPharma provides comprehensive automation to support the processes, documentation, controls, and verification required for FDA approvals and regulatory compliance, including 21 CFR Part 11.”

Answerthink also Expands SAP Reseller Territory

In addition to EzPharma, Answerthink today announced a major expansion of its territory as an SAP reseller. The expansion adds Delaware, Maine, Maryland, Massachusetts, New Hampshire, Rhode Island, and Vermont to Answerthink’s existing territory, which has included New Jersey, Connecticut, and the greater New York City and Philadelphia areas. Answerthink is now able to sell all SAP solutions in this 11 state territory, and can also sell EzPharma nationwide.

“This more than doubles our SAP reseller territory, and it’s a major step forward for us,” said Answerthink Managing Director Arthur Colombo. “We’ve been very successful selling SAP in the last few years, as evidenced by the awards we received from SAP in 2003. This territory expansion shows SAP’s continued confidence in us, and represents an exceptional opportunity.”

In 2003, Answerthink received an award from SAP for the largest sales to SMB clients. Individual Answerthink staff won awards for the largest single SMB contract and the most new named customers.

About Answerthink

Answerthink, Inc. (www.answerthink.com ) is a strategic business and technology consulting firm that enables companies to achieve world-class business performance. By leveraging the comprehensive database of The Hackett Group, the world’s leading repository of enterprise best practice metrics and business process knowledge, Answerthink’s business and technology solutions help clients significantly improve performance and maximize returns on technology investments. Answerthink’s capabilities include benchmarking, business transformation, business applications, business intelligence, and offshore application development and support. Founded in 1997, Answerthink has offices throughout the United States and in Europe and India.

About The Hackett Group

The Hackett Group (www.thehackettgroup.com ), an Answerthink company, is a business advisory firm providing empirically based advice and best-practices research to executives seeking to drive world-class performance in areas such as finance, IT, human resources, and procurement. Hackett’s functional and process-specific benchmarks and its confidential, on-demand, membership-based advisory services are backed by an ongoing database of best practices in processes, technology, and organization in use at more than 2,400 clients around the globe. This unparalleled information repository allows Hackett business advisors to provide data, advice, and strategic insight with a level of integrity and authority available nowhere else. As of this writing, Hackett clients comprise 93 percent of the Dow Jones Industrials, 80 percent of the Fortune 100 and 90 percent of the Dow Jones Global Titans Index.