Cost It Right (CIR) | Cost Estimation, Automation & Control Software

By centralizing and standardizing costs, they uncovered inefficiencies and saved millions. Learn how real-time insights empowered smarter financial decisions.

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How a Global Manufacturer Achieved Transparency in Costing

How Clients Transformed Operations with Cost It Right

Delivering Millions in Savings Across the Manufacturing Sector

How an OEM Transformed Their RFQ Process

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Industry Leaders in Manufacturing

Helping manufacturing giants streamline costs and achieve excellence worldwide.

Features Built to Redefine Cost Optimization

From foundational tools to advanced capabilities, explore how we simplify and enhance your costing processes.

Approval Workflows

Streamline approvals with customizable workflows for faster, compliant decision-making.

Costing Management

Analyze and control manufacturing costs with advanced tools for accurate forecasting.

Master Management

Centralize and standardize data for improved accuracy and consistency.

Vendor RFQ Portal

Manage RFQs efficiently with centralized communication and historical data tracking for smarter vendor decisions.

Amendments

Handle cost changes with cascading impacts and simulations for transparent budgeting.

Reports

Gain insights with customizable reports on spend analysis, cost variance, and external index tracking.

Vendor Onboarding

Streamline vendor evaluations and onboarding with features like self-assessments, audits, and repository management.

External RM Indexation

Integrate with sources like LME to benchmark raw material costs and automate amendments based on market fluctuations.

Reverse Auctions

Integrate with sources like LME to benchmark raw material costs and automate amendments based on market fluctuations.

Total Cost Tracking

Monitor and analyze the total cost of ownership for better long-term strategies.

Integration with ERP

Seamlessly connect with ERP systems and external portals for unified workflows.

Client RFQ (NFR)

Seamlessly manage client-specific RFQs with detailed costing to ensure accurate quotations and efficient processing.

Foundations That Drive Cost It Right

Our Mission

To enable complete supply chain integration through advanced cost estimation and control tools, empowering businesses to save on their bottom lines while enhancing transparency and operational control. We aim to be the trusted partner for manufacturers worldwide, simplifying procurement and delivering measurable value.

Our Story

Our Values

At Cost It Right, our values are built on integrity, collaboration, and delivering real value. Our relationships go deeper than transactions; they’re partnerships rooted in trust and a shared vision for success. We work only where we can create real value, staying true to our commitment from day one.

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Our Impact

From saving 7,000 man-hours to driving $3.6 million in annual cost reductions, our platform has transformed the way manufacturers operate. By delivering transparency and efficiency, Cost It Right empowers businesses to achieve measurable growth and lasting success.

See How

Transforming Costing Challenges into Opportunities

No more wasting time and losing money

Accept vendors' quotations in a standard format and negotiate for better terms.

Stay ahead of market dynamics with real-time commodity rate monitoring.

Have a secure costing system in place

Get alerts for cost drivers crossing limits and prevent mishaps.

Conduct transparent and accurate audits of the entire process.

Have a scalable system

Automate your end-to-end costing estimation process.

Keep all your costing data, including historical data in one place.

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Hear From Our Happy Clients

Automate your workflow to increase productivity and regain control of your time.

Testimonials

Cost It Right has streamlined our cost estimation process. We employed about 6 people to carryout 150-175 estimations daily. By digitizing this process, we've significantly reduced the need for manual data entry and minimized the risk of duplicity. It has brought substantial time savings and efficiency gains. We intend to build a data analytics layer on top of this data for improved insights.

Pratik Patel

Managing Director, Jash Engineering

Cost It Right has digitalized the cost cards that have greatly benefited our organization, bringing standardization, centralization, and invaluable visibility. Automating costing and digitizing cost cards saves us 7000 man-hours annually, driving exceptional efficiency and financial gains, surpassing expectations.

Parna Ghosh

Vice President and Group CIO - UNO MINDA Group

News and Events

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Bharat Mobility Global Expo 2025

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Pride of MP Award 2024

See Cost It Right in Action

Schedule a personalized demo and discover how Cost It Right is helping manufacturers save millions and cut down on man-hours.

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