How healthtech start-up Doctor Anywhere is redefining Southeast Asia’s healthcare scene with the organisation’s 2.5 million users

With NetSuite’s cloud-based services, Doctor Anywhere unifies siloed operations and taps into real-time data to power its rapid regional growth and innovation

Doctor Anywhere’s chief executive officer Lim Wai Mun says that NetSuite’s cloud-based services has helped his team tap into data, enabling them to gain critical insights to assess what the business’ next steps should be. PHOTO: ORACLE NETSUITE

As the first company in Singapore to launch online supervised antigen rapid testing (ART) or tele-ART services in January, technology-led healthcare company Doctor Anywhere was quick to fill a need in the market. 

With the launch, the unprecedented surge in demand for the service came as a surprise for founder and chief executive officer Lim Wai Mun and his team.  

Using live data available on its platform, he could see that demand far outstripped what Doctor Anywhere could supply.

The astute businessman instantly knew that the firm had to rapidly scale up its resources to meet the demand, which was increasing day by day – which included hiring more medical staff, purchasing new laptops, and rapidly training tele-ART supervisors to keep up with the exponential demand. 

“When I saw the live data, the urgency to scale up our operations became apparent. It was because we had this data, we were able to act on it quickly and grow the business,” he says. 

Without this data, he believes they would not have been able to cope and get ahead of its competitors, which were rolling out the same service. As a result of his speedy action, Doctor Anywhere has since recorded close to 100,000 tele-ART transactions to date. 

As a fast-growing regional healthcare company, there is a need for agility, efficiency, and visibility of its operations. Its tele-ART strategy marks precisely this nimbleness and readiness to quickly identify market opportunities and roll out new innovations to meet consumers’ needs.   

Mr Lim recalls his original idea for Doctor Anywhere – to deliver medical aid without patients having to leave their homes – did not take off immediately. People were hesitant to entrust something as personal as healthcare to an online service provider. To overcome this, he knew they had to tap an “omni-channel” approach so the team set up physical clinics to provide a face-to-face presence where consumers could grow to know and trust the brand. 

To date, Doctor Anywhere’s platform has grown to approximately 2.5 million users across Southeast Asia and operate nine physical clinics in Singapore.

“We grew our company from three of us in a 200 sq ft office in 2017 to 550 employees in Southeast Asia. It was a very big undertaking and took a lot of support from our shareholders, as well as partnerships with insurers and healthcare providers. We were also the first in the industry to do series A, B and C funding,” says Mr Lim, 40, who has a background in private equity.

These are the typical rounds of funding a start-up goes through. Securing series C funding shows that a company is operating successfully and is ready to expand into new markets.  

Attaining this funding allowed the company to scale its offerings further but it also brought about fresh challenges. 

“We thought that with funding, we could do a lot more. But as we started hiring more people, we didn’t have a system to manage our operations and processes in place. It was also hard to implement a system when you’re hiring new people and managing them,” shares Mr Lim. 

The young start-up faced an expanding workforce, siloed operations systems, and a lack of real-time data to inform its strategy to advance in a fast-evolving landscape. 

Fortunately, Mr Lim was quick to recognise that having a software that unifies its operations management could solve some of his most pressing challenges. 

Doctor Anywhere was using separate systems for accounting and human resource management, which could not be easily integrated with other internal systems such as its Clinic Management System and DA Care.

This prompted a search for a new system that could perform multiple functions. It eventually led to NetSuite, a business management software company headquartered in America that provides accounting, enterprise resource planning (ERP), customer relationship management (CRM), inventory, and e-commerce services. 

Since January 2021, Doctor Anywhere has been using the accounting and financial functions of the system. 

What has been most helpful so far is being able to obtain up to date financial reports from NetSuite, says regional financial controller Geoffrey Teo, who oversees the accounting and financial controls for the company.

Having ready access to financial data provides critical insights for him and the team to assess what the business’ next steps should be. 

It is certainly useful for pulling financial data from a single source of truth when it is making a pitch to potential investors for funding, says chief financial officer Edwin Basuki.

“Having a good oversight and overview of financial operating data is very important. We are going through a project which involves putting all the information into a single data lake that allows us to extract the data in a consistent fashion,” he adds. 

With success, comes new challenges

Despite initial growing pains, Doctor Anywhere expanded in 2018 to Vietnam, its first overseas market, just a year from its launch. 

But it went beyond duplicating a successful business model, with Mr Lim realising that it is necessary to hire a local team that understands the market in Vietnam. 

“We initially brought the same concept that we have in Singapore, where people use our app to consult general practitioners. However, it was a completely different landscape where the Vietnamese go to pharmacies instead of seeing a doctor for their illnesses. So, we launched a tele-pharmacist function where people could purchase medicine and consult pharmacists,” he says.  

The onset of the global Covid-19 pandemic, which necessitated people to stay at home, further accelerated Doctor Anywhere’s growth and it was able to expand rapidly to Thailand, Malaysia, the Philippines, and Indonesia. 

“Having a solid platform was key to support our regional growth and expansion into other countries,” adds Mr Basuki. 

NetSuite allows businesses to manage the accounts of a company’s business such as multiple subsidiaries, business units, and domestic and international legal entities from its platform. It also offers multicurrency functions, and the system can also work out different country tax codes. 

“Through NetSuite, we can consolidate across different markets and businesses. We can generate a monthly report to obtain insights into business performance across the markets,” says Mr Basuki. 

A system that powers overseas expansion 

Over the last couple of years, Doctor Anywhere has grown close to three times year-on-year. Implementing NetSuite has given it a booster shot, granting it the visibility and agility to establish a presence in six countries across Southeast Asia. 

It recently integrated NetSuite’s funds transfer functions for international currencies and fixed asset management. Payroll and expense claims are currently being outsourced but Mr Basuki says they have plans to integrate those functions as well. 

Next up is to integrate inventory management by the last quarter of this year and customer relationship management, adds Mr Teo. 

Mr Lim says: “When we look at how the business has grown to our current size, without NetSuite, it would be much more difficult to track. NetSuite lets us see how our business is performing on a live basis and helps us with decision-making.”  

And he plans to continue leveraging it to obtain data, increase productivity, and reduce costs. 

He also intends to build the business’ technology capabilities, hiring more people to fill technical and medical services roles, innovate, and develop industry benchmarking products.

5 ways NetSuite OneWorld supports business operations 

NetSuite OneWorld is an ERP system designed for businesses to streamline their operations and makes management across departments, subsidiaries, and currencies virtually seamlessly. Here are five business critical capabilities: 

  1. Manage multiple business units, subsidiaries, and legal entities

    Businesses have an overview of all different entities and units through financial and operational dashboards. 
     

  2. Accounting and financial consolidation 

    The system lets users adjust currency, language, taxation, and legal compliance differences at the local level. You can generate financial reports of your accounts across business units and in the relevant currencies.
     

  3. Tax and regulatory compliance 

    It lets you calculate taxes in real-time on transactions. The system provides tax determination, calculation, and reporting. It currently supports more than 100 countries for taxes and reporting.
     

  4. Customer relationship management

    Your sales team can consolidate its customer contact database on NetSuite, and this can be shared among all your subsidiaries. 
     

  5. Cloud capabilities 

    NetSuite runs on the cloud, saving businesses money from not having on-premises IT infrastructure and allowing users to access it from anywhere. 


Football news:

<!DOCTYPE html>
Kane on Tuchel: A wonderful man, full of ideas. Thomas in person says what he thinks
Zarema about Kuziaev's 350,000 euros a year in Le Havre: Translate it into rubles - it's not that little. It is commendable that he left
Aleksandr Mostovoy on Wendel: Two months of walking around in the middle of nowhere and then coming back and dragging the team - that's top level
Sheffield United have bought Euro U21 champion Archer from Aston Villa for £18.5million
Alexander Medvedev on SKA: Without Gazprom, there would be no Zenit titles. There is a winning wave in the city. The next victory in the Gagarin Cup will be in the spring
Smolnikov ended his career at the age of 35. He became the Russian champion three times with Zenit

3:05 Adani auditor EY faces India accounting regulator inquiry: Sources
2:28 Ford, UAW reach tentative deal to end strike including record pay raise
2:28 Ford agrees to record 25% wage hike in tentative deal to end UAW strike
2:18 ESR-Logos Reit posts 19.4% rise in Q3 net property income, positive rental reversions
1:58 'I don't know why he went crazy': Man beats up cleaner and 5 passers-by in Punggol Park
1:55 EC World Reit fails to sell two China logistics assets
1:48 South Korea economic growth holds steady on exports as risks loom
1:32 ATP roundup: Daniil Medvedev headlines day of sweeps at Vienna
0:38 'Big Show' Maxwell blasts World Cup light show
0:27 NBA All-Star Game reverts to East-West classic format
0:14 UOB Q3 net profit drops 1% to $1.38 billion after one-off Citi acquisition costs
0:09 SK Hynix sales decline slows in sign of recovery for chips
23:57 Telegram channels offer explicit sex videos and photos for a fee, similar to SG Nasi Lemak
23:55 Morgan Stanley’s Ted Pick will succeed James Gorman as CEO
23:28 Facebook parent Meta quarterly profit more than doubles
23:22 Jail, fine for woman who verbally abused SGH staff, argued with police in viral video
22:22 Injuries add to Newcastle woes in Dortmund loss
21:57 Top cycling teams explore creating new competitive league -sources
21:22 Atletico fight back to draw thriller with Celtic
21:17 Leipzig battle past Red Star 3-1 to tighten hold on Group G second spot
21:00 S&P 500, Nasdaq end sharply lower as Alphabet disappoints, Treasury yields bounce
20:32 Alcaraz on the mend, plans to play Paris Masters, ATP Finals
19:22 Mercedes to move on from Austin blow with 'sunny optimism'
19:12 Three changes for Argentina to face England
19:07 Gimenez double leads to Feyenoord 3-1 win over Lazio
18:17 Perez to feel the love even if the dream is dashed
17:42 Bosnia FA sanctioned by UEFA over crowd trouble
17:27 Australia's Maxwell puts on 'Big Show' with incendiary hundred
15:27 Forget Twickenham’s record win for Boks, it’s this weekend that counts
15:06 Apple raises prices of TV+ to US$9.99 from US$6.99 per month; fees of other services also up
14:51 Mapletree Industrial Trust Q2 DPU falls 1.2% to $0.0332 on enlarged unit base
14:27 Online abuse of Curry unacceptable, says Farrell
14:07 Sri Lanka hope Silverwood insights can help topple England
14:05 29 local brands honoured with Singapore Prestige Brand Award this year
13:57 Gakpo available for Liverpool's game with Toulouse, says Klopp
13:22 iFast Q3 net profit gains 308.4% to $8.5 million
11:13 Honda, GM scrap plan to co-develop cheaper EVs
10:40 $2.6 billion renewal project of North-South, East-West MRT lines to be mostly completed by Dec 2023
9:52 Jail for man who cheated 68 victims of $380k in one of Singapore's worst rental scams
9:38 $2.8b money laundering case: Porsche, 2 Rolls-Royces among luxury cars seized from Bukit Timah bungalow
11:03 VAR officials replaced after offside error in Liverpool defeat
11:01 Ajax Amsterdam league match abandoned after RKC goalkeeper Etienne Vaessen knocked out
10:58 Sabalenka shines in first match as No. 1, Vondrousova crashes in Beijing
10:43 Players would pay to play in Ryder Cup, says Johnson
10:13 Fiji will not look past Portugal in quarter-final hunt
10:00 London on cusp of becoming biggest stock market in Europe again
9:56 Meta founder Mark Zuckerberg’s strength a surprise for his MMA trainer
9:34 Pep Guardiola criticises Ruben Dias and Mateo Kovacic after defeat by Wolverhampton Wanderers
9:07 New York remains world's top financial center in survey, London second
8:53 Games-S.Korea beat China for badminton gold, but hosts gain shooting world record
8:43 Saul ‘Canelo’ Alvarez dominates Jermell Charlo to maintain super middleweight supremacy
8:03 Wing Graham revelling in Scotland’s attacking approach
7:52 Duane Vermeulen happy to don Springboks jersey after watching Ireland loss from stands
7:07 Tears as South Korea whitewash China for 'precious' badminton gold at Asian Games
6:48 Japanese Grand Prix red-flagged due to heavy rain
6:43 Cricket-England at the ODI World Cup
6:43 Cricket-India at the ODI World Cup
6:43 Cricket-Australia at the ODI World Cup
6:00 Slowing, greying and in debt, can China’s industrial heartland be revived?
5:58 Games-Athletics official in stable condition after being hit by hammer
5:58 Games-Yubol claims surprise golf gold for Thailand as Ashok crashes out
5:40 1,900 BTO flats along the Rail Corridor in Choa Chu Kang to be launched in early October
5:25 Hazy days ahead? PSI nears 100 on Saturday; NEA says it may increase if wind direction changes
5:08 Flawless Kudermetova stuns Pegula to claim Tokyo title
4:02 Saved by doctor's appointment: Siblings narrowly escape Hougang flat fire
3:19 Shanti Pereira wins 200m heats to qualify for Asian Games final just 12 hours after clinching silver medal in women's 100m
2:55 Lalit Kumar completes 150 international appearances for Indian hockey
2:36 Shanti Pereira tops 200m heats to qualify for Asian Games final
2:01 New scam alert: UOB says circulating Taylor Swift meet-and-greet invites are fake
2:00 What the US-China chip war means for a critical American ally
1:28 'Impossible': Staff at Choa Chu Kang stall claims cockroach on siew mai is not from stall but from customer's house
0:55 SIMBEX 23: India, Singapore bilateral maritime exercise concludes
22:57 Ageing Singapore offers a blueprint for action
22:08 Klopp fumes over decisions as nine-man Liverpool lose at Spurs
21:58 Romania will improve if they learn from harsh lessons - coach
21:58 Romania will improve if they learn from harsh Rugby World Cup lessons - coach
21:38 Scotland's Townsend faces decisions ahead of Ireland showdown
21:08 Unstoppable Martinez scores four as Inter cruise past Salernitana
21:08 Scotland set up Ireland showdown with huge Romania win
20:08 Lazio are on right track despite Milan loss, Sarri says
19:13 Back to basics helps Fiji rally to sink Georgia
19:08 'The Korean guy' gets Guardiola's attention
19:03 Courageous Cantlay rams taunts down European throats
18:43 Ten Hag understands Man United fans booing after Palace defeat
18:38 It's not all on Eddie, says Wallabies assistant coach
18:23 Europe lead by five in Ryder Cup, but US finally show fight
18:03 Fiji dig deep to beat Georgia and close on last eight
17:58 Champions City shocked by Wolves, Manchester United lose again
17:58 Luton learned valuable lessons to secure first Premier League win
17:43 WTA roundup: Ons Jabeur coasts to title at Ningbo Open
17:28 Italy tries to digest All Black avalanche
17:03 Bowen, Soucek on target as West Ham ease past Sheffield United
16:58 Luton sink sorry Everton to secure first Premier League win
16:58 Games-India win thriller over arch-rivals Pakistan for squash gold
16:33 Arsenal heap more misery on Bournemouth with 4-0 away win
16:25 In 11.27 seconds, Pereira writes a fast and fabulous history
16:13 Almiron, Isak score as Newcastle see off Burnley
16:05 Manchester clubs hit by surprise defeats in English Premier League
15:23 Napoli keep on climbing table with 4-0 win at Lecce
15:13 Sanchez shines as Argentina set up Japan showdown