"Fourteen countries, ten months, live on NetSuite on time and under budget. Archer made a complex SAP transition feel controlled and built a system our team actually prefers." Bogdan Butoi-Teodorescu, CIO, Therakos
ABOUT THE CLIENT
Therakos
Therakos is a medical device company commercializing extracorporeal photopheresis therapy across hematology, immunology, and transplant care. The company operates in 14 countries, generates more than 250 million dollars in annual revenue, and maintains the manufacturing, quality, and pharmacovigilance footprint that an FDA cleared device platform requires.
In January 2026, Therakos was acquired by CVC Capital Partners in a transaction valued at 925 million dollars. Heading into the migration, the company ran on a global SAP environment that no longer matched its operating profile. Leadership wanted a platform that finance, supply chain, and IT could administer directly, with a faster path to month end close and a lower total cost to run.
THE CHALLENGE
A global SAP estate that no longer matched the operating profile
Therakos had outgrown the SAP estate it was operating on. Each of the 14 countries brought its own configuration, its own customizations, and its own external dependencies for routine changes. Reporting required cross system consolidation across country instances. Pharmacovigilance and quality processes were anchored to a transactional spine that finance could not see into without IT effort.
The mandate was a clean cut over to one platform with stronger native controls, faster close, and a configuration that the Therakos team could own. Two factors made the cut over hard. The transition could not interrupt commercial supply or regulatory operations in any of the 14 countries. And the program had to land inside a budget and timeline credible to the board and to a sale process that was already in motion.
What was breaking down
- 14 country level SAP configurations carried different customizations and different change cycles
- Reporting and consolidation required cross system effort and significant IT involvement each close
- Custom developed processes for routine operations created change dependency on external vendors
- Country teams coordinated manually, producing fragmented controls and inconsistent posting practices
- Pharmacovigilance and quality systems were tied to SAP through brittle integrations
- Total cost to maintain the global estate scaled with country count rather than with business activity
What was at stake
- Commercial supply or pharmacovigilance interruption in any of the 14 countries would have material consequences
- An over budget or late migration would land in the middle of a sale process already underway
- The post transaction operating model needed to be in place at close, not 6 to 12 months later
- Country teams would resist a migration that did not improve daily operations against the SAP baseline
- Finance, supply chain, and IT needed a configuration they could administer directly rather than depend on external vendors for
WHY ARCHER INSIGHTS
An IT led migration partner with life sciences depth
Therakos needed a partner who could run a global migration as an IT led, finance partnered program and who understood the regulated operating environment of a medical device manufacturer. Archer Insights was selected based on its exclusive focus on life sciences and its track record of NetSuite OneWorld implementations in multi country, multi currency device manufacturing operations.
Archer brought a phased rollout methodology that grouped countries by complexity and currency exposure, a single global design approach that standardized the chart of accounts and segment structure before transactional configuration began, and a delivery model that treated the Therakos IT team as co owner of the build rather than recipient of it.
THE SOLUTION
One global design, phased country waves, IT co ownership at every step
Archer Insights ran the program as an IT led, finance partnered global migration on NetSuite OneWorld. Phase 01 standardized the chart of accounts, segment structure, and subsidiary hierarchy across all 14 countries before any transactional configuration began. The phased rollout grouped countries by complexity and currency exposure so that go live waves were predictable and reversible.
Archer global migration flow
01 - Global design
Single COA, segment model, and entity hierarchy
Consistent reporting from Day 01 in every market
02 - Wave planning
Countries grouped by complexity and currency exposure
Predictable, reversible go lives with no commercial disruption
03 - Native configuration
Procure to pay, order to cash, fixed assets, intercompany
Lower cost to run and a faster close cycle
04 - Integration design
Pharmacovigilance and quality touchpoints preserved
Regulatory operations continue without interruption
05 - IT enablement
Co designed configuration and admin handover during the build
Therakos IT and finance own the platform post go live
Each country wave landed inside the global design rather than against a separate country specific build. The result is one platform, not 14.
WHAT ARCHER BUILT
01 - Single global design across 14 countries
Phase 01 standardized the chart of accounts, segment structure, and subsidiary hierarchy across every country before any transactional configuration began. The design anchored consolidated reporting, intercompany processing, and multi currency translation in patterns that would transfer across markets without country specific drift.
Country specific tax, statutory, and operational needs were accommodated through configuration extensions on top of the global design rather than through separate country instances. The result is one platform that produces consistent reporting from Day 01 in every market.
02 - Phased country wave rollout
Country go lives were grouped into waves based on complexity, currency exposure, and operational risk. Lower complexity waves ran first to validate the global design and refine the cut over playbook. Higher complexity waves ran later with the patterns proven. Each wave was predictable and reversible. None of the 14 countries went live as part of a single big bang.
03 - NetSuite native procure to pay and order to cash
Procure to pay, order to cash, fixed assets, and intercompany processing were rebuilt to NetSuite native patterns rather than ported one to one from SAP. Customizations carried forward only where they served a real operating need. The result is a configuration that the Therakos team can administer directly, with a faster close cycle and a lower total cost to run than the SAP estate it replaced.
04 - Controlled integrations for pharmacovigilance and quality
Pharmacovigilance and quality touchpoints stayed intact through controlled integrations that preserved the audit trails the regulatory functions require. The transition did not force a parallel rebuild of the regulatory systems. PV reporting cadence, complaint handling, and quality records continued through the migration without interruption.
05 - Native consolidations and multi currency translation
OneWorld replaced the cross system reporting and consolidation effort that had absorbed close cycle time under SAP. Multi currency translation runs natively. Intercompany journals are processed automatically. Consolidated reporting is available without manual eliminations or downstream spreadsheet assembly.
06 - IT co ownership during the build
Throughout the program, the Therakos IT team co designed configurations alongside Archer consultants. Knowledge transfer happened during the build rather than as a future handover task. At go live, the internal team took operational ownership of the platform without a transition period. The platform the company runs today is the platform the internal team helped configure.
MODULES DEPLOYED
| Module | What it does | Impact at Therakos |
|---|---|---|
| NetSuite OneWorld | Multi subsidiary, multi currency platform with native consolidations | 14 countries on one global instance with consistent reporting from Day 01 |
| Procure to Pay | Vendor management, PO and bill approvals, payments | Configuration the internal team administers directly |
| Order to Cash | Customer management, sales order processing, billing, AR | Country specific tax and statutory requirements supported on a single design |
| Fixed Assets | Asset register, depreciation, transfers, disposals | Multi entity asset tracking across all country operations |
| Intercompany processing | Automated intercompany journals and eliminations | Clean consolidations without manual eliminations |
| Pharmacovigilance and Quality integrations | Controlled integrations preserving regulatory audit trails | Regulatory operations continue without interruption through the migration |
OUTCOME
What changed after go live
Operational results
- 14 countries cut over from SAP to a single NetSuite OneWorld environment inside a 10 month program
- Delivery landed on time and under budget against a plan reviewed at the board level
- Commercial supply and pharmacovigilance operations ran without interruption across the wave plan
- The Therakos IT team took operational ownership at go live rather than at a future handover date
- Procure to pay, order to cash, fixed assets, and intercompany processing run on native NetSuite patterns rather than SAP era customizations
Finance and control results
- Month end close runs on one platform with native multi currency consolidations rather than cross system assembly
- Total cost to run the global estate is lower than the SAP baseline that preceded it
- Finance, supply chain, and IT administer the platform directly without external vendor dependency for routine changes
- Consolidated reporting is available from Day 01 in every market against a single global design
- The platform that emerged supports continued growth under new ownership with a configuration the internal team can extend
THE ARCHER EDGE
A global migration that respects the operating environment
Global SAP to NetSuite migrations fail most often because the program treats every country as a discrete configuration problem. Archer Insights treats the global design as the primary deliverable and each country as a wave inside that design. The 14 country result that emerges is one platform, not 14.
The second reason these programs fail is that the internal team is treated as a recipient of the build rather than as a co owner. Archer engineers operational workflows alongside the internal IT team. At Therakos, the result was operational ownership at go live, not at a future handover date that would have arrived in the middle of a sale process.
Archer Insights brings the life sciences depth that medical device manufacturers depend on. Pharmacovigilance, quality, and regulatory touchpoints were preserved through controlled integrations rather than reset alongside the financial migration. The transition did not become a regulatory event.
Plan a global SAP to NetSuite migration with Archer
If your medical device or life sciences organization is running on a global SAP estate that no longer matches its operating profile, Archer Insights can show you what a 10 month, wave based migration to NetSuite OneWorld looks like at your scale and complexity.
Plan a global ERP migration with Archer
ABOUT ARCHER INSIGHTS
Archer Insights, LLC is a NetSuite Alliance Partner serving life sciences and healthcare organizations. The firm is an Inc. 5000 company and a 5 time consecutive NetSuite Alliance Partner Spotlight Award winner (2022 through 2026), recognized for biotech and biopharma specialization. Engagements cover new NetSuite implementations, enhancement services, proprietary software modules including the Archer AI Approval Module, and managed services.