InHouse is an integrated sourcing solution to manage your direct & indirect Procurement needs with Supplier Relationship Management, eSourcing and Planning augmented by Advanced Analytics.

InHouse conducted this study for 10 organizations sharing same problems in strategic procurement. The study shows how InHouse has helped them through automation and enhanced collaboration by bringing together all stakeholders on a single intuitive platform.

The benefits observed were-

• Quick turnaround time for RFPs/RFQs/SLAs etc.
• Effective and Efficient management of Contracts
• Greater control over the process
• Reduced maverick spend

InHouse has helped these organizations to optimize and streamline their purchasing processes by automating the key sourcing and procurement activities. The result is a more efficient and cost-effective operation that can adapt quickly to changing business needs.

Challenges:

The study also revealed some of the challenges faced by the organizations during implementation which were-

• Getting the right data for analysis
• Lack of training and support
• Integrating with existing systems

InHouse has addressed these challenges by providing extensive training and support to the users and by constantly improving the data collection and analysis process.

Result: 

Overall, InHouse has helped the organizations in the study to save time and money by streamlining and optimizing their purchasing processes. The organizations used data analytics to  identify opportunities for cost savings, and InHouse’s eSourcing platform helped them to effectively manage the sourcing process.

In addition, InHouse’s supplier relationship management (SRM) module helped the organizations to improve communication and collaboration with suppliers. As a result, the organizations were able to improve their overall procurement operation.

The offshoring model of InHouse has also helped the organizations to reduce their costs by outsourcing the procurement function to InHouse’s team of experts.

Conclusion:

InHouse is a powerful sourcing solution that can help organizations optimize and streamline their purchasing processes.  The platform provides a complete suite of tools for managing the sourcing process, including eSourcing, supplier relationship management, and advanced analytics. In addition, InHouse’s offshoring model can help organizations reduce their costs by outsourcing the procurement function to InHouse’s team of experts.

If you are facing challenges in your strategic procurement, InHouse can help you overcome them and improve your overall operation.

To learn more about InHouse and how it can help your organization, please visit our website or contact us today.