Two characteristics of the pharmaceutical industry

The supervision is becoming stricter, and the compliance operation of enterprises needs to be improved
The laws and regulations of pharmaceutical and medical device circulation enterprises have become stricter and the flight inspection has become normal. Enterprises need to ensure continuous compliance operation in the daily operation process, which has brought certain challenges to enterprise management
Separation of industry, finance and tax systems, forming data islands
Most pharmaceutical and medical device distribution enterprises still use the traditional GSP&UDI management software, which lacks the support of a complete financial and tax management system and cannot meet the real demand for integrated management of industry, finance and tax laws
Integrated financial and tax law solutions for the pharmaceutical industry

Kingdee Cloud ・ Star X Cosmic Cloud, to establish an integrated solution of industry, finance and tax law that meets the regulations of GSP and UDI for pharmaceutical and medical device distribution enterprises

Application Blueprint of Solution in Pharmaceutical Industry

Integrate various business processes such as finance, purchase, sales, inventory, first sale, acceptance, review, maintenance, transportation, after-sales, UDI, etc. to help enterprises achieve business collaboration and compliant operation
Business and efficient management, and provide data support and decision analysis capabilities

Three core advantages help the pharmaceutical industry to reconstruct its digital battle force

  • First sale management to ensure enterprise compliance

  • To ensure the legitimacy of the enterprise's business behavior and the quality of the purchase of medicine/medical devices, when purchasing goods, pharmaceutical enterprises need to carry out the first business approval with the commodity production and operation enterprises that have the first supply and demand relationship, so as to ensure that the enterprise's operation meets the requirements of laws and regulations

  • Approval management of the first enterprise/customer/variety

  • Supplier/customer/variety change approval management

  • Supplier/Customer Purchase Sales Status Approval

  • Control of the Company's own business scope

  • Business compliance control to ensure that enterprise operations meet regulatory requirements

  • When an enterprise conducts purchase or sales business, the system will automatically carry out compliance inspection and control, such as certificate validity control, business scope control, commodity near validity control, warehouse storage condition inspection control, UDI scanning receipt/delivery identification and verification control, to reduce the risk of non-compliance

  • Customer sales status control, sales business is not allowed for customers whose sales are stopped

  • Supplier purchase status control. It is not allowed to purchase for suppliers whose purchase is stopped

  • Cold chain commodity transportation control, which controls the transportation time limit and temperature

  • Sales restriction control of special drugs

  • Break the data island and realize the integration of industry, finance and tax laws

  • Provide comprehensive management, multi-dimensional accounting and ecological links of finance, cashier, assets, tax and GSP&UDI laws and regulations to assist enterprises in business decision-making, legal compliance and efficient operation and management

  • Based on the purchase, sales and inventory business, the cost and expense management and control is advanced

  • Based on the comparison between the invoice system and the business, reasonable and full rule tax payment

  • Establish bookkeeping rules to realize intelligent accounting

  • Integrate GSP&UDI features to meet the regulatory requirements of business systems

They also chose Kingdee Cloud, Star X Cosmic Cloud

Xinjiang Pudao Taize Trading Co., Ltd
The company is located in the south bank new area of Ili River, Yining City, Ili Kazak Autonomous Prefecture, Xinjiang, and its business scope includes the sales of Class I medical devices, Class II medical devices, and Class III medical devices (in vitro diagnostic reagents)

Product used: Kingdee Cloud · Star Finance+Purchase, Sales and Inventory+Cosmic Cloud Medical Compliance System

Challenges:
Challenge 1: The business and financial systems are separated, the work is repeated, and the data cannot be shared in time;
Challenge 2: The workload of warehouse operation is large, and the efficiency and accuracy are in urgent need of improvement.
Product value:
The overall solution of Kingdee Cloud · Star X Cosmic Cloud Medical Compliance System not only meets the purchase, sales and inventory data and financial management required by Xinjiang Putaotaize, but also covers the whole process of equipment purchase, storage, sales and quality control in the enterprise, truly realizing the integrated information platform of industry, finance and tax law, and providing guarantee for the long-term and high-speed development of the enterprise.
Zhoupu Medical Instrument (Shanghai) Co., Ltd
It mainly deals in medical devices and medical equipment, and has established long-term and stable agency relationships with well-known manufacturers at home and abroad, including the world's top 500 enterprises and the top 20 enterprises in the domestic industry

Product used: Kingdee Cloud · Star Finance+Purchase, Sales and Inventory+Cosmic Cloud Medical Compliance System

Challenges:
Challenge 1: The digital quality management system is lacking, and there is no standard GSP process to control and supervise the business flow;
Challenge 2: It is difficult to manage A/R and A/P, manual sorting, recording and reconciliation, collection and dunning are not timely, and capital pressure is high;
Challenge 3: The accuracy of manual accounting is poor, and the method of manual cost accounting is difficult and heavy.
Product value:
The overall solution of Kingdee Cloud · Star X Cosmic Cloud Medical Compliance System provides a complete business financial regulation integrated management platform for Zhoupu Medical, realizing the whole process compliance control of the medical device business segment, comprehensively tracking, calculating and analyzing the logistics, capital flow, business flow and information flow, improving business operation efficiency and comprehensively improving profitability.

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