Oracle NetSuite Helps EMPYREAN Realize Real-Time Integration of Business and Financial Management
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Medical - Sterilized Water
EMPYREAN
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Intelligent Healthcare
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Industry and Finance Integration
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Tax Compliance
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Customer Profile
EMPYREAN started in 1997, has been established for 20+ years, is a well-known enterprise in the medical industry in Jiangsu Province. It has 3 subsidiaries, mainly engaged in medical devices, in vitro diagnostic reagents, sterilized water three major business segments, of which the sterilized water business has the company's own production plant, following the concept of environmental protection and health, the use of non-toxic new materials hypochlorite, the head of the domestic manufacturers.
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Informatics Challenges
1、Separation of business and financial management: the previous management system has not been able to meet the needs of development, the financial and operational differences are large, the containment capacity is weak, so there is a risk in the integration and control of the company;
2、lack of standardized management of internal information and transaction tracking: in terms of process (internal control and security), the separation of financial operations has led to lax control of the whole process;
3、the existence of poor information and information silos: the transfer of information within the enterprise is still stuck in the traditional way, unable to communicate in real time.
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Solutions
Hitpoint Cloud helps Jiu Tian Medical establish a group management mode with Oracle Netsuite platform.
1、Reorganize the organizational structure and build a virtual entity, Jiu Tian Medical Group, for global management;
2、the project will be carried out in phases, the first phase of the project first into the inventory financial module optimization, to further achieve the goal of integrated management of business and finance;
3、warehouse systematic management: NetSuite ERP system and WMS integration, distributed in Nanjing, Taizhou, Changshu, Nantong warehouse unified management, warehouse access and inventory timely feedback to the ERP system, making the management of information technology.
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Customer Benefits
1、Comprehensive financial management
Achieve two-way traceability from business to finance, simplify and automate daily accounting, provide real-time pre-constructed, easy to customize key financial reports, and real-time insights on budgets, cost allocation, amortization.
2、Platform Integration
Helps Nine Days Medical streamline operations and achieve local, regional and headquarters-level visibility in a single system, making it easy to build and one-click standardized business processes deployed for individual divisions and subsidiaries, and breaking down communication barriers between multiple companies.
3、Real-time visibility
Staff can easily access, upload, and obtain important data on-demand even when they are away from the workplace, eliminating information fragmentation.
Client Testimonials
In terms of company compliance, with the NetSuite OneWorld module and powerful fiscal compliance capabilities, it significantly improves the compliance of company operation and development, while greatly reducing the company's tax costs. In addition, based on the NetSuite unified management cloud platform, the company has gradually established a standardized internal control management process, and established a straight-line information transfer between employees and departments, bidding farewell to the information gap and information silos, which is a great improvement for enterprise management.
System use so far, Hitpoint Cloud's strong technical support for us all the way to escort, from the beginning to take over the “project first aid” to the current daily operation and maintenance optimization, to help us continue to deepen the use of the company's almost all the business in the NetSuite platform for unified management for the company's development to reduce costs and increase efficiency. The NetSuite platform has helped us deepen the use of NetSuite.
——Mr. Pan, IT Director, Jiu Tian Medical
