Procol • November 30, 2023
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...

Purchase Order Process: A Definitive Guide to Streamlining Procurement
Everything you need to know about the purchase order process, also...

How to Measure Procurement Performance?
The constant evolution of business dynamics puts a constant pressure on...

Sourcing Management Software: Everything You Need to Know
A sourcing management system allows you to track all aspects of...

Top Reasons Why Your Organisation Needs Contract Management Solution
Streamlining contract management using e-procurement helps organisations improve efficiency and compliance....

Why New-Age Procurement Solutions are Better than Traditional ERP Tools?
In order to keep up with the business-changing pace of today’s...

Top Strategies for Revamping Supplier Relationship Management (SRM)
Multinational organisations can gain a competitive advantage by implementing supplier relationship...

Cost-Effective Strategies to Save Indirect Procurement Spend
To identify important cost drivers, procurement managers must regularly assess their...

How eRFx Contributes to Transparency and Efficiency
An eRFx software facilitates the collection of both qualitative and quantitative...

Food and Beverage Procurement: How can Digital Transformation Help?
Any purchase for a food and beverage company includes preparation, effort,...

Best Practices for Lasting Supplier Relationship Management
Supplier Relationship Management (SRM) is a powerful solution that companies may...

Top 10 KPIs for Successful Spend Analysis
You’ve decided to use procurement software to improve your company’s purchasing...