Oracle netsuite helps TCM bio understand data changes and make business development more flexible

The world today is more interconnected than it used to be , All walks of life hope to cope with the complex and changeable market environment more calmly through technological upgrading . The biomedical industry has attracted much attention from all walks of life in the past two years , The original relatively fixed industry development model has been broken , Biopharmaceutical Enterprises want to continue to expand their business scale , You need to have stronger market adaptability and business responsiveness . therefore , How to understand data changes , Making full use of data becomes critical .

Taizong Biotechnology Co., Ltd （ hereinafter referred to as “TCM Bio”） Founded on 1998 year , Headquartered in Taiwan , Is a new drug research and development company .TCM Bio Our products now cover Taiwan  95%  Large and medium-sized hospitals and clinics , The company's revenue is close to 7 Billion new Taiwan dollar .

In recent years TCM Bio It has also made many brilliant achievements in drug research and development , Such as 2022 year CatCHimera Postoperative detection of liver cancer 「 Probe assembly for cancer detection 」 Obtained the American invention patent ;2021 year U101 New indications for recurrent urinary tract infection new drugs have obtained American invention patents, etc .

  new normal , New challenges

As a biopharmaceutical enterprise ,TCM Bio Need to be timely according to market changes , Flexible adjustment of supply chain 、 Drug R & D and other business deployment , However, the front and back end systems of the enterprise are relatively independent , It is difficult for enterprise managers to pass real-time business data , Insight into the business situation and make accurate judgments , This has brought many obstacles to the growth of enterprises .

As the global business continues to expand , Increased market uncertainty and Continuous reform of financial system in Taiwan ,TCM Bio Digital tools are needed , Build a complete set of integrated business and financial management platform , Get through the data between the original relatively isolated system and the spreadsheet , So as to shorten the data generation cycle , Help management get business data in a more efficient way , Improve data visibility ; At the same time, it breaks through the original working mode , Change the original manual data accounting into system accounting , Reduce the labor cost of repetitive work , Improve the accuracy of the data . Building a more flexible business system and optimizing the internal working mode of the enterprise has become  TCM Bio Top priority .

Oracle NetSuite Breaking data barriers

Speed up TCM Bio The pace of transformation

TCM Bio Different systems are compared , Based on the efficiency of data acquisition 、 Comprehensive evaluation of deployment flexibility and other aspects , Final choice and Oracle NetSuite cooperation .Oracle NetSuite Easy to deploy 、 The system is flexible and easy to use 、 And can support multi-national languages , It is very consistent with the transformation demands of the enterprise , Especially the intelligent and efficient financial module , And TCM Bio The business needs of .

Multilingual system  Oracle NetSuite It can support multi-national languages , In line with the cultural habits of employees everywhere , So that employees can adapt to the new system in a relatively short time .

Rapid deployment , Authors efficiency   Oracle NetSuite The deployment process is flexible and efficient , No need to purchase additional local language packs and hardware equipment , stay  3-5  The deployment and launch were completed within months , It greatly reduces the transformation cost of enterprises , After going online, the visibility of end-to-end accounts receivable and accounts payable can be improved .

On demand customization , Efficient and accurate   Deploy Oracle NetSuite in the future TCM Bio Our employees can work efficiently in any scenario , adopt  Oracle NetSuite Instant pre build functionality provided , Customizable key financial reports , Greatly improved TCM Bio The efficiency of financial data accounting , From the original at least  3  The days are shortened to  1-2  God , Effectively improve the accuracy of the data , Also get information about the budget 、 Immediate insight into expense allocation and amortization .

Immediate response , Flexible and reliable   meanwhile Oracle NetSuite The system can support  7×24 Quick response , Employees can log in to the system at any time , Insight into market changes from real-time data changes , So as to adjust the business strategy in time . Besides ,Oracle NetSuite A consultative approach is also used , Be able to be consistent throughout the customer lifecycle （ From sales to delivery , Finally, support ） China escorts biotechnology enterprises .

At present TCM Bio Of the company's revenue from 5 NT $billion rose to 7 Billion new Taiwan dollar , Although the business volume has increased significantly , However, due to the optimization and upgrading of the system ,TCM Bio Not only does it not increase the labor cost , On the contrary, it improves work efficiency , Reduced working hours .

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“ The original financial statements need the help of Excel And other tools , Usually 3 It will take about days to complete ; Deploy Oracle NetSuite after ,1-2 The financial data report can be sorted out within days , Greatly improve the accuracy of data and work efficiency .”

Chenguanting  

Taizong Biotechnology Co., Ltd

The chairman of the board specially helps the information analyst  

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Hand in hand Oracle NetSuite

Start a new journey of digital transformation and development

choice Oracle NetSuite,TCM Bio Not only get a set of excellent ERP Management software , There is also a development partner with similar aspirations .Oracle NetSuite Create biopharmaceutical and biotechnology enterprise solutions , It aims to escort the digital transformation of biomedical enterprises with excellent products and services .

future TCM Bio Will continue to deepen and Oracle NetSuite The cooperation of , Based on the current financial module , Gradually increase ERP And other related business modules , Accelerate the pace of digital transformation , Give Way TCM Bio In the era of digital development , Can keep up with market changes , With the help of Oracle NetSuite Intelligent and flexible business system , Continue to improve business revenue .

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