Procol • July 15, 2022
Procol Knowledge Base
Welcome to the Knowledge Bank for Procurement Professionals

Centralized Purchasing: Save Time and Money From Your Procurement Process
Centralized purchasing ensures that all purchases go through the procurement workflow....

Areas to Mitigate Third-party Risk With Your Procurement Solution
Discover the most critical areas of third-party risk and how procurement...

Digitizing Direct and Indirect Materials Procurement
Learn how your direct material’s procurement is more efficient than your...

Why Organisations Are Going for E-Procurement After Pandemic
Organisations witnessed a paradigm shift in organisational functions post-pandemic. Know how...

Stakeholder RFP Management – Relevance And Improvement Tips
Request for Proposal (RFP) is a critical step for supplier sourcing....

Electronic procurement metrics measure procurement process efficiency
Digitization solutions are implemented everywhere, and procurement management is no exception....

Gearing Up Procurement Teams to Fight Inflation
Ignited by the COVID-19 pandemic, inflation has been part of the...

Best E-Procurement Management Software in 2022
Digitalization has revolutionized the way businesses function today and procurement is...

Working of E-procurement
At its core, e-procurement softwares digitizes the entire purchase cycle and...

A complete overview of Vendor Management System and its benefits
Learn the importance of the vendor management system for businesses. Discover...

How Procurement Software is Used for the CPG Industry
The consumer packaged goods (CPG) industry is developing at a breakneck...

Driving Digital Transformation in Retail Industry with Smart Procurement Solutions
Procurement operations at global retail chains such as Walmart, Reliance Retail...