What’s the Scoop?

Heard from our Customers

• On average our customers cut 2-3 weeks out of their planning cycle timeline
• 70% of our customers quote their Board of Directors as having made favorable comments following a presentation that include portfolio based metrics and financials
• 100% of R&D Logic customers are willing to be references

Prior to joining the R&D Logic Customer Community

• Most companies still use excel to budget
• Most companies have 1-3 accounts in their Chart of Accounts to track clinical trials and investigator fees, while having 8-10 tracking travel related expenses
• 0% of companies we speak with feel their corporate financial plans are aligned with project plans and portfolio priorities
• Companies collecting time in excel are simply filing this information since consolidation and reporting is too manually intensive
• RDTime is the only tool on the market allowing you to choose hours or % for project time collection

R&D Logic Customer profile

• Currently managing approximately $18 billion of R&D Portfolio assets annually
• 30% of R&D Logic customer have government grants and are using R&D Logic to prepare reporting
• 25% of our customers are private companies / 75% are public
• 47% of our R&D Time customers are collecting project effort in hours, 43% are collecting project effort in percentages, and 10% are collecting project time in both percentages and hours
• 45% of our customers are allocating overhead and facilities between R&D and G&A in R&D Logic's budgeting functionality
• 100% of our customers with commercial operations are using the R&D Logic's budgeting functionality to budget and forecast revenue, cost of goods
• R&D Logic "Smart Connectors" are being used to interface with the following payroll providers:
  • ADP
  • Paychex
  • Ceridian
  • Paylocity
  • Workday
  • Trinet
  • Staff Admin
• R&D Logic "Smart Connectors" are being used to interface with the following ERP systems:
  • Oracle Financials
  • SAP
  • Dynamics - GreatPlains
  • Dynamics - Solomon
  • Dynamics - SL
  • Dynamics - AX
  • QuickBooks
  • Net Suite
  • Lawson Financials
  • Deltek
  • Epicor
  • Sage (MASS 500)