NetSuite Helps Healthcare Software Provider Reduce Fees By 30%, Improve Business Performance

"In addition to saving us time and money, NetSuite helps keep management focused on our organization and our business goals, rather than on smaller parts, by giving us complete front office-to-back office visibility."

—Kardia Health Systems



Results:

  • Saving more than $75,000 annually on IT over old system, with greater functionality
  • NetSuite's front-to-back office integration helps Kardia reduce yearly audit fees by 30%
  • NetSuite Financial Planning provides end-to-end financial visibility to help maximize business performance by providing budgeting, planning, forecasting, and "what-if" analyses
  • Integrated vendor records let Kardia outsource data entry while maintaining compliance with HIPAA and other medical privacy regulations.

Challenges:

  • Maximize performance management for healthcare startup
  • Integrate accounting with forecasting and planning functions
  • Improve customer support by integrating support with sales and billing information
  • Reduce IT costs, increase functionality over existing fragmented systems.

Solution:

  • Replaced Microsoft Dynamics (Great Plains) with NetSuite
  • Dashboards give managers visibility into complete company operations
  • NetSuite workflow speeds financial information gathering to optimize financial planning processes.







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