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Procol Knowledge Base

Welcome to the Knowledge Bank for Procurement Professionals

Top 10 Esourcing Software in 2025

Best eSourcing Tools: Top 10 eSourcing Software in 2025

Discover top 10 e-sourcing tools and esourcing platforms necessary for efficient...

Procol • February 24, 2025

What is Source to Pay? A Beginner's Guide

What is Source-to-pay in 2025? An Ultimate Guide

Source to pay is the process of sourcing vendors to procure...

Procol • February 19, 2025

What is Procurement Contract Management? An End-to-End Guide

End-to-End Guide to What is Procurement Contract Management?

Wondering what is procurement contract management, then this end-to-end guide explains...

Procol • February 18, 2025

What is Contract Lifecycle Management (CLM)?

Ultimate Guide to What is Contract Lifecycle Management (CLM)

Learn about the contract lifecycle management features and how they boost...

Procol • February 18, 2025

Best Contract Management Software in 2025

Best Contract Management Software in 2025: A Buyer’s Guide

Contract management software is crucial for modern business. This article explores...

Procol • February 18, 2025

Contract Lifecycle Management Software: Essential for Business Success

Discover how best contract lifecycle management software drive business success. Streamline...

Procol • February 18, 2025

Why Contract Management? An End-to-End Guide

Why Contract Management? An End-to-end Guide

Discover why effective contract management is crucial for business success. Learn...

Procol • February 18, 2025

How to Implement Procurement Transformation in Your Organization?

In today’s ever-changing business world, procurement transformation is important if companies...

Procol • September 30, 2024

Procurement Spend Analysis: Why is it Important for Business?

Introduction Controlling business spending is a crucial aspect of any business,...

Procol • September 27, 2024

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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