|Description||Construction industry software|
Colorado-based HomeSphere is the nation’s largest provider of software-as-a-service solutions to the construction industry.
Using a Software-as-a-Service (SaaS) model, HomeSphere offers Web-based technology and market intelligence that specifically manages product and materials purchasing and rebate management for the residential construction industry—delivering increased profitability and efficiency to the full spectrum of the industry’s supply chain. HomeSphere estimates that approximately $1.2 billion is lost per year in the residential home building market from supply chain inefficiencies. As a bottom-line solution, HomeSphere continues to grow, despite a lagging market.
More than 55 Fortune 1000 vendors, such as GE Appliances, utilize the network to access to hard-to-reach mid-tier home builders, who represent a “Long Tail” market with outstanding growth projections. On the other side of the supply chain, more than 1,200 residential home builders of all sizes gain exposure to the Fortune 1000 vendors. The rebates and group purchasing vendors offer through the network allow builders to cut bottom-line spending.
Designed specifically for builders who construct more than 1,000 homes a year, AllTrack tracks the use of manufacturersâ€™ products by house, lot and community. Upon the closing of each home, the program automatically calculates rebate dollars and submits the appropriate invoicing paperwork on behalf of the builder, based on builder/manufacturer payment schedules and agreements. In addition to helping the builder establish complete control of obtaining rebates, AllTrack helps builders by identifying additional rebate opportunities in affiliated operating entities.
BRI is a unique Web-based platform that strategically connects builders of new residential construction with manufacturers, distributors and vendors.
Manufacturers use BRI to access over 1,100 mid-tier builders on the program, gaining advanced understanding of their supply chain and increased exposure for their products. Builders, on the other hand, can gain product knowledge and manage their cash-producing rebates, keeping them on the cutting edge as they trim their bottom line.