Procol • September 25, 2024
Procol Knowledge Base
Welcome to the Knowledge Bank for Procurement Professionals

Procol • August 25, 2025
What is Source-to-pay in 2025? An Ultimate Guide

Top Spend Management Software for Smarter Spending in 2024
Introduction These days technology has made it easier to track business...

A Comprehensive Guide to the Vendor and Supplier Onboarding Process
Introduction Vendors are essential to operating a business. They are the...

Tail Spend Analysis: What is it and How to perform it
Introduction In the world of procurement, there’s a term known as...

Analyzing Spend: A Comprehensive Guide for All
Introduction One of the most important strategies for achieving purchasing economies...

Procurement Negotiation Guide: Process, Benefits, and Tips
Introduction Negotiation is a powerful and effective skill that ensures satisfaction...

Procurement Orchestration: An End-to-end Guide
Introduction Procurement orchestration can seem unduly complicated. When this occurs, anyone...

11 Winning Procurement Strategies in 2024
Introduction Procurement in terms of marketing is defined as the process...

22 Most Important Procurement KPIs to Measure in 2024
Get an in-depth review of the types of procurement and the...

Here’s How Forward Auction Enhances Your Procurement Process
Learn how forward auction software enhances businesses’ procurement processes to negotiate...