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Procol Knowledge Base

Welcome to the Knowledge Bank for Procurement Professionals

Centralized Purchasing: Save Time and Money From Your Procurement Process

Centralized Purchasing: Save Time and Money From Your Procurement Process

Centralized purchasing ensures that all purchases go through the procurement workflow....

Procol • July 15, 2022

Areas to Mitigate Third-party Risk With Your Procurement Solution

Areas to Mitigate Third-party Risk With Your Procurement Solution

Discover the most critical areas of third-party risk and how procurement...

Procol • July 8, 2022

Digitizing Direct and Indirect Materials Procurement

Digitizing Direct and Indirect Materials Procurement

Learn how your direct material’s procurement is more efficient than your...

Procol • July 8, 2022

Why Organisations Are Going for E-Procurement After Pandemic

Why Organisations Are Going for E-Procurement After Pandemic

Organisations witnessed a paradigm shift in organisational functions post-pandemic. Know how...

Procol • July 8, 2022

Stakeholder RFP Management – Relevance And Improvement Tips

Stakeholder RFP Management – Relevance And Improvement Tips

Request for Proposal (RFP) is a critical step for supplier sourcing....

Procol • July 8, 2022

Electronic procurement metrics measure procurement process efficiency

Electronic procurement metrics measure procurement process efficiency

Digitization solutions are implemented everywhere, and procurement management is no exception....

Procol • June 29, 2022

Gearing Up Procurement Teams to Fight Inflation

Ignited by the COVID-19 pandemic, inflation has been part of the...

Procol • June 29, 2022

Best E-Procurement Management Software in 2022

Best E-Procurement Management Software in 2022

Digitalization has revolutionized the way businesses function today and procurement is...

Procol • June 17, 2022

Working of E-procurement

Working of E-procurement

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

Procol • June 17, 2022

A complete overview of Vendor Management System and its benefits

A complete overview of Vendor Management System and its benefits

Learn the importance of the vendor management system for businesses. Discover...

Procol • June 17, 2022

How Procurement Software is Used for the CPG Industry

How Procurement Software is Used for the CPG Industry

The consumer packaged goods (CPG) industry is developing at a breakneck...

Procol • June 3, 2022

Driving Digital Transformation in Retail Industry with Smart Procurement Solutions

Driving Digital Transformation in Retail Industry with Smart Procurement Solutions

Procurement operations at global retail chains such as Walmart, Reliance Retail...

Procol • May 24, 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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