Healthtech

MultiplexDX – A BioTech Company

Services Provided

  • CFO
  • Custom reporting
  • Back-office Management

About

MultiplexDX is a biotech company that is committed to innovation, research, and development, with a mission to improve health outcomes for patients. The company’s focus on cutting-edge technology has enabled it to stay ahead of its competition

Challenge

  • MultiplexDX was facing the challenge of managing its financial operations in an efficient and effective manner
  • The company’s manual processes were time-consuming and prone to errors, resulting in decreased productivity and profitability
  • MultiplexDX was in need to prepare comprehensive reports for investors and facilitate productive meetings but lacked the resources to do so effectively

Solution

  • Capila provided CFO and custom reporting services to help streamline MultiplexDX’s financial management
  • Our team digitalized the company’s processes, including invoicing, to ensure accuracy and efficiency
  • We connected MultiplexDX’s digitalized processes to the automated reporting tool to provide real-time financial data and insights

Result

  • MultiplexDX was able to receive critical financial data and insights in real-time, allowing them to make more informed business decisions
  • The company was able to better understand its financial position and make better use of its resources
  • Capila’s comprehensive solution for streamlining back office operations contributed to MultiplexDX’s effective financial operations
5/5
"We are grateful for Capila's expertise and support in helping us streamline our financial operations. Automation and digitalisation of our financial processes allowed us to dedicate our valuable time to more strategic matters. Their CFO team and custom reporting services have been important in providing us with real-time financial data and insights, allowing us to make more informed business decisions."
Peter Kilian
COO MultiplexDX

MultiplexDX, an innovative biotech company, is dedicated to pioneering research and development aimed at enhancing patient health outcomes, especially in the area of cancer. Although their forward-thinking approach to technology kept them at the forefront of their industry, they recognized a need for a significant transformation in their financial management.

Capila was able to provide MultiplexDX with CFO and customized reporting services that were tailored to the company’s specific needs. Our team of experienced professionals quickly identified key areas where processes could be digitized, including the invoice operation, to eliminate inefficiencies and reduce errors.

Our digitalization efforts did not stop there. We also assisted MultiplexDX in automating its reporting system, which enabled the company to access real-time financial data and insights. This allowed the company to make data-driven decisions that were based on a comprehensive understanding of its financial position, revenue streams, and expenses.

The custom reporting services that we provided also proved to be of great value to the company. Our team worked closely with MultiplexDX to understand its specific reporting needs and developed a customized reporting system that provided the company with the financial insights it needed to make informed business decisions.

Our team’s ability to provide MultiplexDX with an end-to-end solution for its back office operations allowed the company to focus on its core business activities. With Capila’s support, MultiplexDX was able to streamline its processes, reduce errors, and increase efficiency.

Furthermore, we took charge of preparing their annual budget, ensuring a clear financial roadmap for the year. As part of our investor relations services, we prepared detailed investor reports and facilitated investor meetings, strengthening MultiplexDX’s investor relations. In readiness for an investment round, we prepared all necessary documentation, offering clarity and guidance throughout the process.

In conclusion, our team’s expertise in providing CFO and reporting services enabled MultiplexDX to optimize its financial operations. We are proud to have played a role in helping MultiplexDX to achieve its goals and look forward to continuing to support the company’s growth and success in the years to come.

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