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Focus on Your Product Development

You already wear so many hats, let us handle the finances for you.

From Pre-Revenue Status Through Commercialization

Many new pharma / biotech companies on the road to commercialization, have received funding to further develop their product as the companies work towards FDA approval. Often, this funding requires additional responsibilities for these companies and accounting departments are often not part of the initial set up. 

 Regain Your Focus

With AcctTwo's Managed Accounting Services you get best-in-class technology with a highly skilled staff to deliver the results you need when you need them. Our Managed Accounting Services provides a full accounting department that handles day-to-day services that would normally be managed in-house; but without the added hassles of hiring and retaining industry experts, keeping up-to-date on the latest accounting standards, and being constantly worried about internal controls. Our experience, along with your plans for your new products, will enable you to focus on the technical and medical aspects of your business while providing you the visibility into your financial activities from wherever you are.

Our pharma & biotech offerings are designed to align with your R&D cycle. Our packages are:

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Phase 1
Industry standard Chart of Accounts, which can be modified based on unique needs and requirements

Tracking of preclinical contracts and spend management, using dimensional reporting

Budget to actual reports

Cash out reports

R&D tracking for federal and state tax credits

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Phase 2
All of Phase 1 plus

Tracking of clinical trial contracts

Investor reports

Reforecasts

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Phase 3
All of Phase 1 and Phase 2

Upon reaching commercialization, development of process for tracking/reporting inventory in the manufacturing process

Inventory management

Increased reporting metrics

Sunshine report tracking

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Phase 4
Talk to us about creating your own customized package, sized to fit your organization
“We were a newly public company still running QuickBooks. We had new regulatory and auditing requirements and were not able to get effective accounting and reporting out of the QuickBooks system.”
– Arif Farooqui, Senior Accountant, Marinus Pharmaceuticals

Marinus Pharmaceuticals 

Hear Arif Farooqui, Senior Accountant at Marinus Pharmaceuticals talk about Sage Intacct and AcctTwo. AcctTwo grew with Marinus Pharmaceuticals and so did their use of Sage Intacct. 

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