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Procol Knowledge Base

Welcome to the Knowledge Bank for Procurement Professionals

Introduction These days technology has made it easier to track business...

Procol • September 25, 2024

Introduction Vendors are essential to operating a business. They are the...

Procol • September 25, 2024

Introduction In the world of procurement, there’s a term known as...

Procol • September 25, 2024

Introduction One of the most important strategies for achieving purchasing economies...

Procol • September 25, 2024

Introduction Negotiation is a powerful and effective skill that ensures satisfaction...

Procol • September 25, 2024

Introduction Procurement orchestration can seem unduly complicated. When this occurs, anyone...

Procol • September 25, 2024

Introduction Procurement in terms of marketing is defined as the process...

Procol • September 25, 2024

22 Most Important Procurement KPIs to Measure in 2024

Get an in-depth review of the types of procurement and the...

Procol • April 24, 2024

Here’s How Forward Auction Enhances Your Procurement Process

Learn how forward auction software enhances businesses’ procurement processes to negotiate...

Procol • April 23, 2024

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

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

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 Gosh
Strategic Sourcing Manager, Emami

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
Trusted by leading procurement teams worldwide
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