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Procol Knowledge Base

Welcome to the Knowledge Bank for Procurement Professionals

eAuctions in India: The story of efficiency and speed

Discover the game-changing impact of e-auctions in India. Understand the challenges...

Procol • November 30, 2023

Purchase Order Process: A Definitive Guide to Streamlining Procurement

Everything you need to know about the purchase order process, also...

Procol • November 22, 2023

How to Measure Procurement Performance?

How to Measure Procurement Performance?

The constant evolution of business dynamics puts a constant pressure on...

Procol • February 27, 2023

Sourcing Management Software: Everything You Need to Know

A sourcing management system allows you to track all aspects of...

Procol • November 28, 2022

Top Reasons Why Your Organisation Needs Contract Management Solution

Streamlining contract management using e-procurement helps organisations improve efficiency and compliance....

Procol • November 28, 2022

Why New-Age Procurement Solutions are Better than Traditional ERP Tools?

In order to keep up with the business-changing pace of today’s...

Procol • November 28, 2022

Top Strategies for Revamping Supplier Relationship Management (SRM)

Multinational organisations can gain a competitive advantage by implementing supplier relationship...

Procol • October 23, 2022

Cost-Effective Strategies to Save Indirect Procurement Spend

To identify important cost drivers, procurement managers must regularly assess their...

Procol • October 23, 2022

How eRFx Contributes to Transparency and Efficiency

An eRFx software facilitates the collection of both qualitative and quantitative...

Procol • October 23, 2022

Food and Beverage Procurement: How can Digital Transformation Help?

Any purchase for a food and beverage company includes preparation, effort,...

Procol • October 17, 2022

Best Practices for Lasting Supplier Relationship Management

Supplier Relationship Management (SRM) is a powerful solution that companies may...

Procol • October 17, 2022

Top 10 KPIs for Successful Spend Analysis

You’ve decided to use procurement software to improve your company’s purchasing...

Procol • September 28, 2022

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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