Procol is an agentic AI platform for procurement and finance teams. It orchestrates people and AI agents across sourcing, auctions, supplier management, contracts, purchasing and payables, so enterprises run procurement end to end in one place. What it does Procurement orchestration. Requests from Slack, Teams, email or the portal are structured, checked against policy and routed to the right agent or person, with every step logged. Clara. Procol's agentic AI coordinates specialist agents for intake, sourcing, supplier onboarding, spend analytics and accounts payable, and hands anything that needs judgement to a human. Sourcing and auctions. RFx, reverse auctions, Japanese and Dutch formats with live rank visibility. Supplier, contract and spend management connected to the ERP you already run. Who uses it More than 250 enterprises in over 10 countries manage over $30B of spend on Procol, across manufacturing, FMCG, construction, retail and IT, with 80%+ efficiency gains and 20%+ cost savings reported by customers. Recognition Procol was named in Gartner's Hype Cycle for Multiagent Systems and in Everest Group's PEAK Matrix for AI in Procurement. Clara 2.0 was unveiled at DPW New York 2026. Free tools Procol also publishes free tools anyone can use without an account: Vendor Finder, RFQ and RFP generators, a Purchase Order Generator, an ROI calculator and a procurement jobs search. Founded in Gurugram by Gaurav Baheti, Procol is backed by Sequoia Surge, Blume Ventures, Y Combinator, GMO Venture Partners and others. About Procol.

What is Procol?

Written by Shivangi Singh, Senior Content Writer · October 17, 2026

Summarize with AIChatGPT Perplexity Claude Google AI

What it does

Procurement orchestration. Requests from Slack, Teams, email or the portal are structured, checked against policy and routed to the right agent or person, with every step logged.
Clara. Procol's agentic AI coordinates specialist agents for intake, sourcing, supplier onboarding, spend analytics and accounts payable, and hands anything that needs judgement to a human.
Sourcing and auctions. RFx, reverse auctions, Japanese and Dutch formats with live rank visibility.
Supplier, contract and spend management connected to the ERP you already run.

Who uses it

More than 250 enterprises in over 10 countries manage over $30B of spend on Procol, across manufacturing, FMCG, construction, retail and IT, with 80%+ efficiency gains and 20%+ cost savings reported by customers.

Recognition

Procol was named in Gartner's Hype Cycle for Multiagent Systems and in Everest Group's PEAK Matrix for AI in Procurement. Clara 2.0 was unveiled at DPW New York 2026.

Free tools

Procol also publishes free tools anyone can use without an account: Vendor Finder, RFQ and RFP generators, a Purchase Order Generator, an ROI calculator and a procurement jobs search.

Founded in Gurugram by Gaurav Baheti, Procol is backed by Sequoia Surge, Blume Ventures, Y Combinator, GMO Venture Partners and others. About Procol.

Written by

Shivangi Singh

Senior Content Writer

Shivangi is a Senior Content Marketer specializing in B2B SaaS, procurement, and enterprise technology. She creates research-driven content that helps procurement leaders and business decision-makers navigate AI, digital transformation, sourcing, and spend management. Her work focuses on turning complex industry developments into clear, practical, and actionable insights.