Case Study: Scientist.com accelerates drug discovery and supplier growth with Kyriba's SciPay early-payment solution

A Kyriba Case Study

Preview of the Scientist.com Case Study

How Scientist.com is Saving Lives with Early Payment Options

Scientist.com is the world’s leading enterprise gateway marketplace for outsourced R&D that connects pharmaceutical buyers with over 3,100 research suppliers. The company faced a major challenge: small and mid-sized suppliers were routinely subject to long payment terms (often 120 days), which blocked their access to working capital and prevented them from bidding competitively on projects, slowing innovation and constraining the supply chain.

To solve this, Scientist.com partnered with Kyriba to launch SciPay, an early-payment, dynamic-discounting and invoice-management program with rapid onboarding. Within months 45 small suppliers joined, enabling $4M in early payments in the first six months, a 50% reduction in procurement lifecycle (and 80% faster source-to-settle), 95% on-time payments, a 130% increase in supplier GMV, 24.3% more purchase orders, and $100K in new revenue—helping suppliers grow, buyers secure consistent supply, and innovation proceed faster.


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Scientist.com

Kris Kagan

Vice President of Finance


Kyriba

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