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Pharmaceutical Accounting Software

We build and implement accounting software for pharmacy to help pharmaceutical labs, manufacturing sites, chains of drugstores, and pharmacy SMPs automate medical billing, expiry, inventory management, and accounting with total compliance with GST and other industry regulations.

Pharmacy Accounting Software Development Services We Provide

Here’s the list of services we provide to medical companies in need of pharmaceutical accounting software.

Software Consulting

We’re here to help you find your dream pharma accounting solution, such as Winpharm. Whether you have difficulties with product expiration tracking, complying with IAS 38 regulations, or addressing issues related to accounting software scalability and security, we’re prepared to use our extensive knowledge and provide the support you need.

Software Customization

The SoftFormance team assists in maximizing efficiency and productivity with your current pharma accounting solutions. We aid in migrating databases or optimizing data infrastructure to enhance the processing of substantial data volumes. We also offer expansion options for your platform, including AI/ML analytics for KPIs, inventory tracking functionality, and strengthened finance or healthcare data security.

Custom Software Development

Sometimes, certain requirements call for customized solutions that align precisely with your business objectives. Suppose you require pharmaceutical accounting software that places particular emphasis on manufacturing, outlet management, or GST-compliant reporting. We will employ our 7-step product development methodology to deliver the most business-centric custom solution for pharmaceutical accounting software.

Solution Onboarding

Software solution onboarding poses a prevalent challenge in the medical field, particularly for employees operating within an extensive chain of pharmaceutical outlets. SoftFormance is here to assist by offering comprehensive support. We provide employee training, detailed software instructions and documentation, and relevant metrics to measure the impact of a pharmaceutical accounting platform on your processes.

Interoperability Support

Integrate your pharmaceutical accounting software seamlessly into your extensive infrastructure of pharmaceutical company management solutions. We offer data format unification and ensure interoperability with LIMS, governmental auditing systems, and other ERP software. This guarantees that your pharma accounting platform effortlessly exchanges data with other pharmaceutical software solutions, creating a cohesive ecosystem.

Simplify Processes and Automate Manual Tasks

With our pharma accounting software solutions, you receive a solid list of benefits.

Efficient Wholesale and Retail Pharmacy Management

Our pharma accounting services bring you a solution for managing wholesale and retail pharmacy outlets. You will automate reporting on KPIs and medical prescription management. As a result, you will get a perfect automation solution for the entire pharmacy chain, such LS Retail.

Accurate Billing

Comply with GST and other billing regulations with pharma accounting software that ensures the most accurate billing possible. Create synchronized e-Way bills that ensure transparent and consistent pharmaceutical auditing.

Stock and Inventory Management Challenges Covered

Automate resource planning and purchase of material demands. Pharma accounting solutions, such as Gofrugal help you track pharma expirations, inventory for your items, and their pricing to ensure state-of-the-art resource management.

Improved Costs Control

Get full control over your finances. With pharma accounting software, you will easily tailor transaction and approval workflows to eliminate redundant data entry. Also, easily record all your transactions and automatically track digital approval sign-offs on transactions to get all relevant financial data securely stored in one place.

Time Saved on Auditing

Save time on reporting and auditing. Accounting software for a pharmaceutical company will help you automatically generate GST-compliant reports and retrieve any data on billing and pharmacy inventory on demand with a powerful search engine program.

Smoothly Running System of Pharmacy Software

Create a vibrant and smoothly-working ecosystem of pharmacy management solutions. Integrate your accounting software with LIMS and management systems of CRO, custom synthesis companies, and any other partners. Or achieve integration with hospital management systems the way PrimeRX does it.

Weaponized Data

Get the most accurate insights from your data with BI and analytical functionality for the pharmaceutical industry. Get financial forecasts and revenue estimates on your pharma manufacturing business or chains of pharma outlets. Also, receive interactive BI reports with PowerBI or custom integrations.

Features of Accounting Software for Pharmaceutical Companies

 

Powerful calculation mechanics

GST-compliant bill management

Secure storage for data organization

Effective analytical engine

Powerful search engine

Transaction tracking module

Automated generation of regulation-compliant reports

Regular security updates for enhanced data protection

Ability to add and fill in templates for auditing

Inventory tracking module for resource planning and expiration tracking

Integration with 3d party pharma solutions

Our Cases

local power

Lifechemicals

ERP platform for accounting and management of a chemical company
Location: GermanyTechnologies: Python, Django, RDKit, ReactJS
We provided a contract research organization from Germany with a powerful ERP solution that includes an ELN (electronic lab notebook), search engine for pharma drug discovery, and powerful accounting functionality. This solution helped the customer automate auditing, manage resources more efficiently, track costs more efficiently, achieve regulation compliance in all their accounting and finance-related operations, and boost other routine workflows.
kidi board

Cerium Labs

Complex laboratory management system
Location: US, TexasTechnologies: Python, Zope, Plone CMS
Our team created a laboratory management system that helps Cerium Labs employees automate their routine business processes. Our solution offers rich functionality for managing documentation, storing sensitive data, and streamlining routine daily processes. As a result, the customer can run their lab trials, quality assurance, and laboratory accounting more efficiently by saving time with our top-notch automation and lab management features.

What Our Clients Say

5.0
"We were always able to meet and solve problems in a timely fashion."

Mark Anthony Peterson

Founder & CEO Ziscuit, Inc.

5.0
"The communication is quick and simple, and their knowledge is solid."

Ralf Sonderegger

IT Admin GRYPS Offertenportal AG

5.0
“SoftFormance was very well-organized and handled through the whole process; deliverables, the knowledge, they knew exactly what was going on.”

Bryan Rodriguez

Lead Technical Architect Gozooko

Benefits of Pharmaceutical Accounting Software by SoftFormance

Transparency

Our clients hang out with us in the same Project Management system as our team members and managers.

Ownership

If you want to delegate all tasks to the software development team and get the final result before the deadline, we're the right partner for you.

High Performance

We always try to over-deliver and provide the required results in the shortest possible terms.

Flexibility

We're agile, so we are ready to adapt to your requirements that may change "on the run.

Other Technologies We Use

ReactJS

HTML

CSS

Javascript

Angular.js

Django

Python

RabbitMQ/Celery

Postgresql

RDKit

AccountKit

Scikit-learn

Xero

About Our Company

3 Millions

of hours saved thanks to the increased productivity provided by our solutions

200+

businesses launched their software products, SaaS, and mobile apps with us

100%

protection of your idea by our non-disclosure agreement

90%

of current clients recommend us to their customers

80+

Software Startup Workshops performed for our clients

30

experts in our team, ready to take on a new challenge

11

years of experience in software development

6

weeks to build and launch the first version of the software product

our team
We are a company with exceptional expertise in developing chemical ERP systems. Our team applies a great range of custom practices and the most promising technologies to bring our customers the pharmacy financial and accounting software that they need.

Our Team

local power
We are an expert team with a special focus on developing complex Python-powered accounting software for pharmaceutical companies. Driven by experience from many successful projects, our specialists are familiar with various technologies, including some niche and state-of-the-art instruments for building pharmacy accounting software. A rigorous recruitment process ensures the quality of our employees. Some candidates go through more than 16 hours of interviews.

 

FAQ

1. How can Softformance assist with the management of my pharmaceutical business?

SoftFormance provides you with a range of services that will help you leverage pharma accounting software. We help you automate and optimize accounting and finance management with our consulting, customization, custom development, interoperability, and solution onboarding services.

2. What specific features does Softformance offer for pharmaceutical companies?

The list of features you may expect from pharma accounting solutions includes but is not limited to powerful calculation mechanics, effective analytical engine, automated generation of regulation-compliant reports, powerful search engine, GST-compliant bill management, inventory tracking module for resource planning and expiration tracking, integration with 3d party pharma solutions, transaction tracking module, regular security updates for enhanced data protection, secure storage for data organization, ability to add and fill in templates for auditing.

3. In comparison to other financial software vendors, how does Softformance stack up?

We have real expertise in developing top-notch pharmacy accounting solutions and certainly know the market. We also offer you our four core values for perfect collaboration, namely transparency, ownership, high performance, and flexibility.

Contact Us

Vitaliy Podoba

CEO, SoftFormance

Book a meeting with our expert, discuss your product idea and get your questions answered

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