Client: INDINFRAVIT Trust
Industry: Infrastructure Investment Trust (InvIT) in Highways Infrastructure
Objective: Streamline the procure-to-pay (P2P) cycle, enhance supplier experience, and provide advanced visibility and analytics for senior management and procurement.
Business Challenges
- Critical sourcing needs for digital procurement and sourcing.
- Inefficient P2P process affecting efficiency, visibility, and cost control.
- Compliance and internal policy challenges.
Solutions Selected
- SCH Supplier Solution: Streamlined vendor partnerships.
- Invoicing: Enhanced invoicing processes.
- Strategy and Analytics: Informed decision-making with supplier selection and invoice management.
Benefits and Empowerment
- Enhanced Visibility: Senior management and procurement now have a single platform for advanced visibility and reporting.
- Collaborative Stakeholders: Collaboration with suppliers and stakeholders improved significantly.
- Efficiency and ROI: Expected ROI breakeven in 2-3 years, with scalable IT for future adaptability.
- Data-Driven Insights: Post-Go-live (6 months), data analytics enable informed decision-making.
Conclusion
The implementation of the SAAS tool marked a transformative success for INDINFRAVIT Trust. Streamlined operations, enhanced collaboration, and data-driven insights have empowered the organization for a brighter and more efficient future in the world of Infrastructure Investment Trusts.
