NetSuite for Healthcare Industry

Organizations in the healthcare and life sciences are being severely impacted by the massive changes that are sweeping the health sciences business sector. Privacy and security are of utmost importance. Organizations must be able to react fast to shifts in the market, customer needs, and industry and governmental laws in order to adapt in this dynamic environment.

NetSuite’s cloud-based business management suite enables healthcare and life sciences organizations to improve visibility, minimize complexity and remain agile. NetSuite can help support organizations in need of a solution to help manage their business while protecting customer or patient information.

The following features of NetSuite can be best implemented in the healthcare industry:

  1. NetSuite financial management software provides comprehensive, ERP/financial capabilities that integrate with your broader back-office, sales and service processes.
  2. Pharma, biotech and other organizations in the life sciences industry benefit from NetSuite’s superior manufacturing resource planning, leaner manufacturing production processes and better supply chain management.
  3. The most popular cloud ERP solution for international companies is NetSuite OneWorld. Using a single cloud ERP system, manage several business divisions, subsidiaries, and legal entities to handle various currencies, tax laws, and reporting needs with ease, all while accelerating financial consolidation and visibility.
  4. NetSuite gives healthcare organizations a single repository of customer interaction in both B2B and B2C environments, enabling superior service quality with a complete 360-degree customer view.
  5. Strong encryption, role-based access controls, robust password policies, multi-factor authentication, application-only access, and IP address-based restrictions help protect sensitive patient information and strengthen financial controls.

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