Case Study: Cerebral Therapeutics improves spend visibility and saves admin time with ProcureDesk

How Cerebral Therapeutics Gained Improved Financial Insights With ProcureDesk

Cerebral Therapeutics, a clinical-stage biopharmaceutical company, faced challenges with manual and error-prone spending processes as it grew. Using Microsoft Word and Excel to generate purchase orders and track expenses was unsustainable. The lack of spend insight made it difficult to track vendor costs and forecast budgets, and the company anticipated needing to hire additional administrative staff to manage the workload. They sought a solution from ProcureDesk to automate procurement and gain financial control.

By implementing ProcureDesk’s procurement software, Cerebral Therapeutics automated its purchase order generation, order tracking, and reconciliation processes. The solution integrated with their Xero accounting software and provided detailed, vendor-level spend analysis for better forecasting. The results were significant, as ProcureDesk enabled the company to avoid hiring one to two additional administrative personnel, resulting in substantial cost savings and improved operational efficiency.

Cerebral Therapeutics

Guy Anthony

Chief Financial Officer