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Why should you be interested in the French Research Tax Credit?

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Small opportunities often make big companies” In an almost divinatory way, Demosthenes, the Greek zealot, had philosophized about the importance of discreet but essential resources. Thus, in a way, he had prophesied that innovation through Research and Development (R&D) is a crucial phase in ensuring the health of a company. As such, more than two thousand years later, Gary Hamel would say, “It is the only protection against obsolescence. …] This is the only strategy to be more effective in a gloomy conjecture.” From this very pragmatic paradigm on the importance of good R&D project management, an implacable reality emerges: R&D is an essential strategy for a company to stand out in a competitive market, to ensure its future. In any case, it is an inexorable step forward for a company, guaranteeing its prosperity or failure.
“I believe in innovation and the way innovation is achieved is by funding research…” Bill Gates, a strong advocate of innovation support, has been campaigning for years for synergies between public actors and companies, with the idea to develop incentives, including tax incentives. And the figures speak for themselves, thanks to the introduction of this tax credit, the French research system ranks:

  • 4th in the world for patent issuance
  • 7th in the world for the writing of scientific publications
  • 6th in the world in terms of R&D spending

Once put into context, these statistics reflect that France attaches great importance to the cost of research in innovation, despite the emergence of many competing countries, supporting their own national research efforts. But how does the French Research Tax Credit work in practice?
First of all, the primary objective of the Research Tax Credit is to support R&D activity and encourage investments that will strengthen the future activity of companies. In 36 years, this measure has been the flagship of French research at all stages.
In a nutshell, an R&D operation could be defined in four stages. First, a part of monitoring, in order to identify existing knowledge, then test and validate the work. And finally, to produce the results of the research. It is since this very sequenced process, that the Research Tax Credit establishes five criteria to be met to be eligible:

  • NEW
  • CREATIVITY
  • UNCERTITUDE
  • BE SYSTEMATIC
  • BE TRANSFERABLE AND/OR REPRODUCIBLE

Compliance with these five criteria results in full reimbursement of R&D expenditures. So the keyword to justify R&D activity in case of control is traceability. For example, the implementation of a follow-up of the time spent by the development team on the various research projects; as well as a follow-up of the work carried out throughout the life cycle of the R&D projects, is necessarily to be set up, in order to be able to meet the needs of compliance with the criteria.
In fact, the Reasearch Tax Credit appears to be an excellent tool to structure its R&D approach. Because based on a very strict methodology, the drafting of the technical file supports the capitalisation of knowledge and facilitates the illustration of the R&D activity.
Innovation is not a flash of genius. It’s a difficult job. And this work should be organized as a regular activity of each unit of the company, and this, at each level of management“. This is how Peter Drucker, a management theorist, explained the importance of good organisation in innovation. Of course, aware of the issues raised, such as the daunting and highly time-consuming nature of the drafting of the technical file. And innovation sometimes precedes the scientific understanding needed to design new products and processes, which leads to a lengthening of the structuring process. Especially in the monitoring phase, where it is important to have access to an exhaustive list of existing solutions.
Analogically, the construction of an IT business repository specifically designed for R&D, to help manage and enhance technical data, for example, is still rare today. And because these services see their knowledge evolve by nature, which requires a specific approach. In order to ensure optimal quality in the service, it is, therefore, necessary to combine the capitalization of acquired knowledge, without restricting the creativity of engineers.
This is why Bassetti has developed TEEXMA®, a fully scalable and configurable software package that can fully meet the specific needs of research and development. In addition to assisting in the management of R&D projects (automatic drafting of documentation, monitoring of subcontractors, capitalisation of acquired knowledge, traceability of actions carried out, etc.) TEEXMA® supports the continuous improvement effort and assists in the traceability of R&D actions from A to Z. Our methodology is based on the real-time information of the work performed (i.e. hours spent on R&D) on all types of tasks.
From the early stages of the Research project to the operation of the test phases, all the tools are provided to support the structuring of R&D, and in this case, to be eligible for the Research Tax Credit. For more information: contact us
To conclude, Hegel, the German philosopher, pointed out that “Ideas that change the world walk by doves pace.” And it is, undoubtedly, thanks to this vision that tomorrow’s innovations are built by R&D today, encouraged by the sponsorship of the State developing measures such as the French Research Tax Credit.

Quality Management integrated into LIMS document management

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Today, quality challenges are at the heart of the concerns of many companies. In fact, it is necessary to define quality objectives in accordance with a given strategy. The goal: to satisfy customers and provide them with products that meet their expectations. Quality concerns the final product, but also the different stages inherent in the manufacturing process. The starting point concerns R&D projects carried out in laboratories within or outside a company. The tests performed in these laboratories produce data that will have a significant impact on decision-making at the corporate level.

This is where the TEEXMA® LIMS software package, developed by BASSETTI for more than 25 years, comes in. It embodies a single, central repository for all experimental laboratory data, enabling this information to be capitalized and valued over time. To frame these activities, the software can also be positioned as a quality reference system. As a matter of fact, TEEXMA® LIMS identifies all the quality documents of a laboratory, in order to ensure compliance with good practices on the part of the people involved in the performance of tests and reports. The software will store, according to a standardized model, the practical normative documents (work instructions, procedures, user manuals…) as well as all the elements necessary for the implementation of a System Management Quality (SMQ). For example, TEEXMA® LIMS can capitalize on all documents dealing with the ISO 17025 standard, which groups together the general requirements concerning the competence of calibrations and testing in laboratories with a goal to provide certification. The software also helps to identify non-conformities and implement appropriate action plans.

Optimized quality document management within a laboratory saves valuable time in searching for information about a standard or procedure, and ensures quality information within the documents themselves, through regular updates, management of modification rights and a defined change validation process.
Access to complete and reliable information is an essential prerequisite for the durability of a test center. Responding to the challenges of information management in laboratories, TEEXMA® LIMS embodies a solution for all your information management problems.

Documentary Management LIMS – The happiness of ordered knowledge

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The visible disorder distracts us from the true source of the disorder.” Marie Kondō, a champion of tidying up, largely influenced by Japanese culture, teaches us to keep only the essential and to get rid of the superfluous… However, in a context of memory conservation, this technique faces a major problem! Especially in companies developing high value-added data. Document management is essential to preserve “corporate memory.” From the registration of the test request to the issuance of the results, there is a real need to make collaborative work in order to enhance the value of the information in a document and allow its simple dissemination. With the goal of optimizing time and cost, how can we save time and ensure traceability in the search for information?

Good document management requires the ability to manage the complex relationships between information, to track changes while respecting the quality of the documentation. In order to understand in more detail the challenges of a document’s life cycle, BASSETTI relies on its 25 years of experience in Technical Expertise Management® to provide a document management solution, including for quality documents, test reports, certificates of analysis, or is used to capitalize on standards.
In this respect, the implementation of a single, centralised document management system allows for the harmonisation of daily practices.

  • First, through the implementation of a standard document model to produce uniform reference documents, regardless of the issuing entity. By automatically creating compliant documents, the tedious steps of capitalization are eliminated and employees can focus on higher value-added tasks.
  • In addition, the risk of data entry errors due to human intervention is considerably reduced, ensuring better data reliability.
  • Finally, harmonisation is the keyword of the organization. Using a standard format, it is easy to find the necessary information to follow procedures, especially in the case of SOPs aimed at preventing the risks of a potentially risky situation.

However, TEEXMA® offers the possibility of creating simple and flexible templates, capable of meeting all user needs, ensuring the traceability of the test cycle: from the reception of the request to the valuation of the test data.
Also, this editing unicity greatly facilitates the stages of capitalisation, dissemination, of course and information enhancement. The time saved in retrieving information is considerable, thanks in particular to powerful search tools. In addition, the document management tool allows automated extraction, configurable through filters, which ensures the rapid reconstitution of technical documentation.
However, it is necessary that the process from creation to the valuation of the document be carried out in complete security. And this is possible, in particular, thanks to the Workflow module offered by TEEXMA®, which makes it possible to monitor the validation processes and distribute information taking into account the level of accreditation of this profile. The distribution of access rights is defined upstream, all this in order to ensure traceability and facilitate document archiving.

So, if three important criteria must be retained when saving experimental data : traceability, safety, and harmony.
To learn more about our solution: http://www.bassetti-group.com/en/teexma%C2%AE-plm/documents-automation