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Improving Spend Visibility with AI-Driven Classification of Commodities

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Shivangi Singh
Shivangi SinghContent Writer 

April 15, 2026

4 min read
Improving Spend Visibility with AI-Driven Classification of Commodities
Shivangi SinghContent Writer 

Last update: April 15, 2026

4 min read
Top Strategies for Revamping Supplier Relationship Management (SRM)

Top Strategies for Revamping Supplier Relationship Management (SRM)

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

Shivangi Singh
Shivangi Singh
3 min read
Best Practices for Lasting Supplier Relationship Management

Best Practices for Lasting Supplier Relationship Management

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

Shivangi Singh
Shivangi Singh
4 min read
Role of Spend Analytics in Strategic Sourcing

Role of Spend Analytics in Strategic Sourcing

The strategic planning of the procurement process relies heavily on the...

Shivangi Singh
Shivangi Singh
4 min read
Improving Spend Visibility with AI-Driven Classification of Commodities

Improving Spend Visibility with AI-Driven Classification of Commodities

AI-driven commodity classification helps classify transactions against their correct value. Ever...

Shivangi Singh
Shivangi Singh
4 min read
Impact of Commodity Price Fluctuations on Profitability

Impact of Commodity Price Fluctuations on Profitability

CPOs and supply chain officers continue to look for the best...

Shivangi Singh
Shivangi Singh
5 min read
Why Supplier Diversity is Important for Procurement Transformation?

Why Supplier Diversity is Important for Procurement Transformation?

Organisations should have supplier diversity in procurement. Find out its advantages...

Shivangi Singh
Shivangi Singh
3 min read
Take Control of Your Maverick Spend with Smart Procurement Solution

Take Control of Your Maverick Spend with Smart Procurement Solution

If left unmonitored and uncontrolled, maverick spend can quickly turn out...

Shivangi Singh
Shivangi Singh
4 min read

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
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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
Signature global logo

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
Emami Logo

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
india nippon
Trusted by leading procurement teams worldwide
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