The healthcare and life sciences industries are undergoing significant change. The industry is affected by several factors, including ongoing regulatory change, increasing cost-cutting pressure, and a more difficult competitive environment. Organizations must be able to react quickly to changes in market conditions, customer demands, and governmental and industry regulations if they are to adapt to this dynamic environment.
NetSuite ERP will help your healthcare company navigate these changing times better.
Boost openness and visibility. Your entire organization will have immediate access to crucial business data thanks to role-based dashboards that can be customized, facilitating quick decisions.
Be flexible in response to the changing healthcare environment. Create information and reporting procedures, workflows, and specifications that are specific to your industry, then quickly adapt them as necessary in the future.
Boost the efficiency of reporting and compliance. NetSuite facilitates compliance by supporting internal controls and providing accurate, real-time reporting with a variety of audit trails.
Boost customer service and partner engagement. You can improve customer and partner service and get a real-time 360-degree view of your customers with NetSuite’s integrated CRM solution.
These are the solutions offered by NetSuite for Healthcare and Life Sciences
Accounting and Finance
The extensive ERP/financial capabilities of NetSuite financial management software are integrated with your larger back-office, sales, and service processes. Real-time tracking, reports, and auditing tools provided by this tried-and-true financial management solution will boost your productivity.
Manufacturing and Resource Planning.
The entire life sciences industry benefits from NetSuite’s superior manufacturing resource planning, leaner manufacturing production processes, and improved supply chain management. This includes, among others, companies in the pharmaceutical and biotech sectors.
Integrated Global Business Management.
NetSuite OneWorld is the most popular cloud ERP solution for businesses operating globally. Manage numerous subsidiaries, business units, and legal entities with the help of a single cloud ERP system, accelerating financial consolidation and visibility while navigating through various currencies, taxation laws, and reporting requirements with ease.
Customer Relationship Management
NetSuite offers healthcare organizations a single repository of customer interaction in B2B and B2C environments, enabling superior service quality. This repository has a full 360-degree customer view.