RDL5

R&D Logic (RDL5) is a financial planning and analysis software designed specifically for the unique needs of life science companies. This solution is suitable for small, medium, and large life science companies, including both pre-commercial and commercial organizations. According to the vendor, life science professionals, biotech companies, pharmaceutical companies, medical device companies, and research and development (R&D) departments can all benefit from the capabilities of RDL5.

Key Features

Multi-dimensional visibility: RDL5 allows users to create financial plans and view actuals from multiple perspectives, providing a comprehensive understanding of the company's performance, according to the vendor.

Customer-first approach: The vendor takes a high-touch approach, providing support throughout the implementation process, training, ongoing support, and expert consulting to meet the unique needs of each customer.

Focus on your business, not your infrastructure: RDL5 is a flexible and secure cloud-based platform, eliminating the need to worry about infrastructure and allowing users to focus on managing their business, according to the vendor.

Always dynamic: According to the vendor, RDL5's platform evolves along with the company's growth, allowing users to add, remove, and modify features and business rules to align with their changing requirements.

Interconnected products to maximize organization: RDL5 offers a suite of interconnected products that enable collaboration on budgets, department financial plans, project plans, and comparative analysis via API for multidimensional reporting, according to the vendor.

Rich data visualizations: RDL5 provides rich data visualizations to monitor key performance indicators (KPIs) with interactive and unique graphics dashboards tailored to individual roles, according to the vendor.

Effort tracking and time-off management: According to the vendor, RDL5 includes features for capturing employee effort on projects, tasks, activities, and grants, as well as tracking time off and accrual calculation.

Standard and custom reports: RDL5 offers a wide range of standard reports and allows users to define their own custom reports, with publishing capabilities for easy sharing and distribution, according to the vendor.

Seamless integration and tracking: According to the vendor, RDL5 seamlessly integrates with existing ERP systems, organizing data by department, account, and project for multi-dimensional reporting and drill-down capabilities.

Flexible planning and forecasting: According to the vendor, RDL5 enables flexible planning and forecasting processes, supporting department-based budgets and forecasts with detailed component or sub-account level information, resource utilization planning, and detailed employee cost calculations.