Empowering the Pharmaceutical Sector with Strategic and Financial Excellence

The pharmaceutical industry is one of the most regulated and competitive sectors in today’s economy. Companies face constant challenges in maintaining compliance, managing supply chain disruptions, and controlling production costs while striving to innovate and expand globally.

At Shubhankar Co., we provide specialized consulting and chartered accountancy solutions that help pharmaceutical manufacturers, distributors, and exporters overcome these challenges. Our goal is to strengthen your operations, ensure compliance, and enhance profitability through data-driven financial and operational insights.

Challenges in the Pharmaceutical Industry and How We Solve Them

Regulatory and Compliance Challenges

Issue:
Pharmaceutical companies operate under strict national and international regulations. Frequent policy changes, complex documentation, and audit requirements can slow down operations and expose companies to financial risks.

Solution:

  • End-to-end compliance management and audit preparation
  • Financial reporting frameworks aligned with global standards
  • Internal control design to ensure accuracy and accountability
  • Tax and customs advisory for domestic and export compliance

Supply Chain and Procurement Inefficiencies

Issue:
Delays in raw material sourcing, rising transportation costs, and inefficient procurement systems often increase production costs and disrupt delivery schedules.

 Solution:

  • Procurement audits and vendor performance reviews
  • Demand forecasting and inventory optimization strategies
  • Route analysis and logistics cost reduction
  • Implementation of digital tools to improve transparency and efficiency

R&D and Capital Management

Issue:
Research and development investments are essential but risky. Without proper budgeting, tracking, and cost control, companies struggle to manage project-level spending and evaluate returns.

Solution:

  • R&D budgeting and forecasting systems
  • Project-wise cost tracking and reporting
  • Feasibility studies and ROI analysis for new drug development
  • Advisory on capital structuring and investor reporting

Taxation and Financial Complexity

Issue:
The mix of VAT, customs duties, and transfer pricing makes the financial environment highly complex. Mismanagement or non-compliance can result in financial penalties and reduced profitability.

Solution:

  • Industry-specific tax planning and regulatory support
  • Transfer pricing documentation and compliance
  • Cross-border finance and duty optimization advisory
  • End-to-end bookkeeping, audit support, and CFO oversight

Profitability and Cost Control

Issue:
With strict price controls and growing competition, maintaining profitability is a major concern. Many organizations lack real-time insights into their cost drivers and performance metrics.

Solution:

  • Profitability and variance analysis
  • Financial dashboards and KPI tracking for production and sales
  • Outsourced CFO services for long-term strategic planning
  • Business process optimization for improved cost efficiency

 

Export and Global Market Expansion

Issue:
Expanding to international markets brings challenges such as regulatory documentation, complex logistics, and currency risk. Many firms struggle to manage financial exposure and maintain compliance across borders.

Solution:

  • Export compliance audits and documentation management
  • Pricing and market entry financial modeling
  • Currency risk management and hedging advisory
  • Customs and duty optimization for lower landed costs

Our Services for the Pharmaceutical Industry

Strategic Consulting

Strategic Consulting Supply chain optimization, cost reduction strategies, R&D efficiency improvement, and digital transformation

Financial & Accounting Services

Financial & Accounting Services Full bookkeeping, management reporting, budgeting, forecasting, and accounts receivable/payable management

CFO & Advisory Services

Outsourced CFO, business valuation, investor reporting, and capital planning

Compliance & Audit

Internal audit, tax filing, transfer pricing documentation, and audit readiness support

Automation & Analytics

Automation & Analytics ERP integration, dashboard setup, and process automation for real-time financial visibility

Why Choose Shubhankar & Co.?

Integrated Expertise

Our consulting and chartered accountancy professionals work together to deliver practical and financially sustainable solutions.

Deep Industry Understanding

We understand the regulatory and operational realities of the pharmaceutical sector in Bangladesh and global markets.

Comprehensive Support

From compliance and supply chain optimization to outsourced financial leadership, we cover every aspect of your business needs.

Data-Driven Results

Every recommendation is supported by measurable outcomes that improve compliance, reduce cost, and increase profitability.

Take the Next Step Toward Pharmaceutical Excellence

Partner with our experts to enhance compliance, strengthen operations, and accelerate growth.