Case Study: Samumed achieves a 50% reduction in procurement timeline with Procurify

How Samumed the World’s Largest Biotech Startup Doubled the Pace of Its Procurement Process

Samumed, a San Diego–based regenerative-medicine biotech valued at $12 billion, rapidly expanded its research operations and outgrew an Excel-based procurement process. As monthly orders climbed from about 100–200 to roughly 1,000, single-user spreadsheets, manual reconciliations, time-consuming vendor calls and limited accounting visibility created major bottlenecks and error risk across labs, supervisors, buyers and finance.

Samumed implemented Procurify, a cloud procurement platform that allowed simultaneous users, searchable catalogs (with auto-fill from product URLs), automated approvals, consolidated vendor POs and end-to-end visibility. The new system streamlined workflows for lab staff, supervisors, purchasers and accounting, drove high user satisfaction, supported a 20% increase in order volume and cut total procurement time by roughly 50%.

Samumed

Cevdet Samikoglu

Chief Financial Officer