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Oracle NetSuite cloud technology helps Jiutian Medical business continue to rise and achieve new breakthroughs on the cloud!

Jiutian Medical is a far-sighted company. If there is a risk, it will kill it in the bud. Then it started to select a new system to reduce the burden of enterprise management and simultaneously compared the management software in the market, such as Lingxing, UFIDA, Oracle NetSuite, etc. . It focuses on the domestic market, but its business involves equipment supply and reagent consumables. These two businesses basically connect with some imported brands. In this regard, software with a global perspective will have more advantages in docking management. At the same time, integrated management of business and finance, and fiscal and tax compliance are also another important factor to consider. Therefore, after comprehensive consideration, Oracle NetSuite, a global software, was finally selected as the enterprise unified management platform.

In terms of corporate compliance, with the help of the NetSuite OneWorld module and strong financial and tax compliance capabilities, the compliance of the company's business development has been significantly improved, and the company's tax costs have been greatly reduced. In addition, based on the NetSuite unified management cloud platform, the company has gradually established a standardized internal control management process, which is a great improvement for enterprise management.

Since the system has been in use, the powerful technical support of Hitpoint Cloud has escorted us all the way. From the initial "project first aid" to the daily operation, Hitpoint Cloud has helped us continue to deepen the use. Almost all the company's business is managed on the NetSuite platform to reduce costs and increase efficiency for the company's development.

——Mr. Pan, IT director of Jiutian Medical


Jiangsu Jiutian Medical Technology Co., Ltd. (hereinafter referred to as "Jiutian Medical") started in 1997 and has a history of more than 20 years since its establishment. It is a well-known enterprise in the medical industry in Jiangsu Province. It owns 3 subsidiaries, which are mainly engaged in three major business segments of medical equipment, in vitro diagnostic reagents and disinfectant water. Among them, the disinfection water business has its own production plant. In order to follow the concept of environmental protection and health, it uses hypochlorous acid, a new non-toxic material, which belongs to the head manufacturer in China.



In recent years, the medical industry has developed rapidly, and the country has continuously called for the informatization construction of the medical industry. A management style that keeps pace with the times is crucial to the healthy and sustainable development of an enterprise. As a well-known enterprise in the medical industry, Jiutian Medical has always attached great importance to the information construction of the enterprise, and used management software to assist the operation of the enterprise early on. However, with the development of the enterprise, the original software was not enough to support the expansion of the business. Risks in business and financial management are gradually exposed.


Risks and Challenges

•Separation of business and financial management: With the rapid development of business, the software used by Joyday Medical cannot truly combine business and financial management, and the front-end business and financial management are out of touch.

•Manual information exchange: Although information software has been used to empower enterprise management, the information transmission within the enterprise is still in the traditional way. The process is not standardized, and there are information gaps and information islands. At the same time, siled systems and spreadsheets cannot communicate with each other in real time.


•Internal information and transaction tracking: Jiutian Medical has a number of subsidiaries, and the information and transactions between subsidiaries need to be improved and clarified, especially the production-oriented enterprise established in 2020--Nantong Shanshui Biotechnology Co., Ltd. In the parallel enterprise management of traditional trade and modern production, enterprises need reliable software to realize information tracking and process improvement across different entities, so as to ensure the compliance of enterprises.


Jiutian Medical is a far-sighted company. If there is a risk, it will kill it in the bud. Then it started to select a new system to reduce the burden of enterprise management and simultaneously compared the management software in the market, such as Lingxing, UFIDA, Oracle NetSuite, etc. . It focuses on the domestic market, but its business involves equipment supply and reagent consumables. These two businesses basically connect with some imported brands. In this regard, software with a global perspective will have more advantages in docking management. At the same time, integrated management of business and finance, and fiscal and tax compliance are also another important factor to consider. Therefore, after comprehensive consideration, Oracle NetSuite, a global software, was finally selected as the enterprise unified management platform.


Once the product is selected, implementation begins. However, the implementation process of the project was not smooth sailing. The project encountered a bottleneck and fell into a state of "semi-paralysis", and the system was useless. After rigorous market research and review, Jiutian Medical finally introduced the Hitpoint Cloud team to promote the project, and optimized and adjusted the personnel of the financial department to cooperate with the progress of the Oracle NetSuite project. Jiutian Medical‘s determination to change is the cornerstone of future project success. Finally, with the concerted efforts of the three parties, the project was successfully launched in October 2021, and Hitpoint Cloud has assisted Jiutian Medical in optimizing its operation and maintenance until now.


Multi-point empowerment, benefit improvement


Comprehensive financial management: Oracle NetSuite cloud ERP management software can truly open up the finance of Jiutian medical business, realize the forward traceability from business to finance, and the reverse traceability from finance to business. At the same time, it simplifies and realizes the automation of daily accounting, which greatly speeds up the company's closing progress. In addition, as a cloud platform, Oracle NetSuite can also provide real-time pre-built, easy-to-customize key financial reports, and real-time insights on budgeting, expense allocation, and amortization.


Platform integration: Oracle NetSuite OneWorld helps Jiutian medical to streamline operations and achieve local, regional and headquarters-level visibility in one system. Oracle NetSuite OneWorld can help them easily build and deploy standardized business processes for each branch and subsidiary with one click, breaking down communication barriers between multiple companies.


Real-time visibility: With the help of Oracle NetSuite's intuitive tools, Jiutian medical staff can easily access and upload important data on demand even outside the workplace, so as to obtain important information at any time and eliminate information fragmentation.

At present, Jiutian Medical is deeply involved in the domestic market, and will devote more resources to the production module in the next few years. It hopes to use the Oracle NetSuite platform to help the company achieve large-scale and process-based production and help the company break through the development.


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