Case Study: Leading Pharmaceutical Company achieves over 35% reduction in logistics time and effort through automated procurement and invoice approval with GoComet

Leading pharmaceutical company automated procurement and invoice approval to reduce the time and effort involved in logistics management by over 35%

Leading Pharmaceutical Company, a global pharma with presence in over 100 countries, faced a highly manual logistics process driven by emails, calls and in-person follow-ups for rate procurement and finance approvals. They engaged GoComet to digitalize procurement and invoice approval because the existing process lacked visibility, delayed approvals (often post-shipment), hindered forecasting and consumed significant time and resources.

GoComet deployed its platform — including reverse auctions for spot RFQs and contract management, audit-ready award comparison, document management, invoice matching and an approval matrix — to automate end-to-end procurement and approvals. GoComet’s solution digitalized all spot and contract shipments, removed manual paperwork, improved manager visibility and analytics, and delivered measurable impact: over 35% reduction in time and effort for logistics management and nearly a 50% cut in procurement and approval time and cost.