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Procol

Procol is India’s only mobile-first Procurement Solutions Provider, which digitises and optimises your procurement process allowing you to save on your direct costs while delivering actionable procurement insights enabling you to make intelligent, transparent and efficient buying decisions.

Highlights

  • Increased Transparency: By bringing transparency in procurement, we ensure that senior management has clear visibility of the entire buying process.
  • Efficient Process Optimisation: Procol reduces inefficiencies by automating time-consuming tasks like sending out RFQs, conducting PO Processing.
  • Significant Cost Reduction: By bringing transparency in procurement, we ensure that senior management has clear visibility of the entire buying process.
  • End-to-end Traceability: With audit trails for all previous procurement documents and evidence we ensure effective management, control and compliance.
  • Better Decision Making: Data-driven Spend Analysis provides purchase risk analysis, increased efficiency and valuable insights for better decision making.
  • Diverse Options: Our network comprises over 5,000 vendors, suppliers, and veteran commodity experts so that you can choose from the best and make informed decisions.

Product Overview

  • Procol enables you to create live auctions and request for quotation, get real- time price discovery from our list of over 5000 vendors, filter suppliers by ratings, conduct reverse auctions, enable dynamic contracting, fix a price cap during your auction and get a complete repository for your purchase data.
  • Our procurement platform provides a plethora of features such as Purchase Order Integration with ERP, in-built MIS Report generation and auto- reminders for dispatch and delivery in order to automate time-consuming tasks and reduce inefficiencies.
  • Data-driven Spend Analysis and Reports bring in valuable insights for better decision-making, while audit trails for all previous procurement documents and evidence ensure effective management, control and compliance for an end-to-end visibility.
  • A top-down admin structure and an intuitive dashboard ensures that the management have a complete transparency over the entire procurement process.