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Procol Knowledge Base

Top 22 spend management KPIs to optimize procurement in 2026

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Rutuparna RoutContent Writer 

December 17, 2025

8 min read
Top 22 spend management KPIs to optimize procurement in 2026
Rutuparna RoutContent Writer 

Last update: December 18, 2025

8 min read

In the modern corporate competitive world, where both market resilience and...

Rutuparna Rout
14 min read
Accounts payable automation software

Managing accounts payable manually might seem simple when your business is...

Nyla Uddin
18 min read

In today’s business environment, understanding where your money goes is just...

Nyla Uddin
23 min read
eSoucring Software

The procurement function is a central pillar of success, continuously managing...

Rutuparna Rout
12 min read
supplier relationship management strategies

In today’s complex business environment, successful operations depend heavily on strong,...

Rutuparna Rout
14 min read

An auction bidding strategy includes preparing a budget, bidding strategically, and...

Mehak Chawla
11 min read
Procurement stakeholders

When you’re leading a procurement project, you’re responsible for every decision,...

Nyla Uddin
13 min read
Spend management

If you’ve ever looked at your company’s monthly expenses and wondered...

Nyla Uddin
22 min read
Blockchain in procurement

Blockchain in procurement entails a decentralized and immutable digital ledger that...

Mehak Chawla
9 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

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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