Oracle NetSuite
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A Oracle NetSuite Case Study
Qardio, founded in 2012 to reinvent personal health monitoring with products like the wearable ECG QardioCore, quickly expanded its direct site sales and a distributor network spanning dozens of countries. The company needed a modern, scalable system that supported multi-currency transactions, multiple subsidiaries and global tax compliance to sustain its international growth ambitions.
Qardio implemented NetSuite OneWorld to provide global financial consolidation, multi-country tax handling (including VAT), and inventory visibility across five warehouses. The unified system enabled rapid expansion into markets such as China and Australia, simplified subsidiary setup and reporting, improved KPI visibility, and helped Qardio grow revenue by 200% while keeping finance operations lean.
Bram van den Heuvel
Global Head of Finance