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Procurement Compensation Trends in India – Annual Report 2024

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The report highlights India's 2024 procurement compensation trends, showcasing industry disparities, the impact of technology, and the need for equitable pay to attract top talent.

The unique strategies they use during auctions help us achieve real cost reductions that aren’t always possible through face-to-face negotiations.

Naveen Nanda
Senior GM Procurement,
Havells
Havells Logo - Procol Procurement Software Customer

We integrated Procol with SAP, and it brought complete transparency to our procurement. Everything from PR to PO is now tracked, saving us 30–40% of time and costs.

Rahul Wadhwa
Head of Strategic Sourcing, Signature Global
Signature Global Logo - Procol Real Estate Procurement Customer

After implementing Procol, the user experience is way better than it used to be. The cost is also much lower compared to other competitors in the market.

Rohan Ghosh
Strategic Sourcing Manager, Emami
Emami Logo - Procol Procurement Customer Testimonial

It’s super user-friendly, helps us reduce manual work, speeds up decision-making, and allows us to access all our procurement data anytime from one place.

Elango Srinivasan
Chief Financial Officer,
India Nippon Electricals Limited
India Nippon Electricals Logo - Procol Procurement Customer Testimonial
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