Track & Convert Spend Insights into Financial Benefits
IdeaRX highlights areas for purchase cost savings that will positively impact your profits. We analyze your supplies, monitor the spends, and report on any deviations. We combine technology with our expertise to deliver significant insights to our members.
IdeaRX’s Spend Analytics helps drive better decision making and superior cost savings. Our experts are motivated by achieving actual savings and are not hesitant to go to the extra mile to deliver results. This requires strong attention to detail and analysed in a broad spectrum of things considering various alternatives and opportunities. We map the items to our master over the cloud and this helps us achieve results without duplication.
How it Works
IdeaRX's technology backed procurement solution has helped us save more than 15% on our purchases last year. IdeaRX is now helping us to bring down our inventory levels considerably and hence improve our cash flows significantly. With IdeaRX, we hope to soon completely outsource IT and Supply Chain for our entire network of hospitals. Apart from bringing in huge monetary value, we believe it this will help us focus even more on the single most important area of a hospital: "patient care”
“I started procuring few surgical items from IdeaRX after they provided me with some incredibly low pricing. Now, they handle my entire purchases. I am easily buying the same items and saving close to a lakh a month. They are a professional team who can deliver results immediately.”