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Streamlining P2P Efficiency: Interise’s Digital Procurement Transformation

Interise

Interise, formerly known as Indinfravit is an Infrastructure Investment Trust (InvIT), a leading player in ‘Public-Private-Partnership’ projects. it has business interests in Highways Infrastructure sector.

Implement a user-friendly digital tool for entire P2P cycle, especially a robust platform for external stakeholders, i.e vendors

Enable an easy supplier user experience; ensure effortless supplier registration

Visibility, reporting and analytics available to senior management and procurement with an integrate platform extended wrt SAP being the core across the entire organization Interise, formerly known as Indinfravit

Industry

Construction and infrastructure

Location

Mumbai, India

Company Size

550 approx..

Website

Interise

The Challenges

Sourcing had become critical for Interise to take advantage of digital procurement and sourcing tools which could help them reduce time to market by managing their supply chain more effectively. They were looking to streamline and standardize their P2P (procure to pay) process to improve overall efficiency, visibility and reduce the cost of the process while putting in place the appropriate controls (e.g., internal policies, compliance to regulations, etc.)

Implementation Highlights

Solutions selected include supplier management, invoicing, strategic sourcing with best practices, and advanced analytics.

  • Supplier management
  • Invoicing
  • Strategy (which included supplier selection, invoice management and best practices)
  • Analytics

Business Benefits

Key benefits include enhanced visibility and analytics for management, stronger supplier collaboration, streamlined vendor onboarding, measurable ROI within 2–3 years, data-driven insights post go-live, and a scalable IT platform adaptable to user needs.

  • Visibility, reporting and analytics available to senior management and procurement with one single platform across our entire organization
  • Increased supplier and stakeholder collaboration
  • Around 300 vendors onboarded to vendor connect
  • ROI with SCH – Breakeven expected in 2-3 years
  • Analytics – to leverage on data post say 6 months of Go-live
  • Scalable and Extensive IT which included the attribute to increase the functionality based on user demand.