Help Desk

Kiosk

Web and Video Conferencing

Customer Support

Agile Development

Image Recognition

Service Mesh

Development

Alumni Management

School Management

Education

Board Management

Business Intelligence (BI)

Collaboration

Digital Rights Management (DRM)

Enhanced 911 (E911)

Enterprise

Accounting

Invoicing

Nonprofit Accounting

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

HR Service Delivery

Payroll

Talent Intelligence

Talent Management

Vendor Management Systems (VMS)

Workforce Analytics

Workforce Management

Human Resources

Application Lifecycle Management (ALM)

Cloud Cost Management

Cloud Storage

Database Performance Monitoring

Email Verification

Fraud Detection

IP Address Management (IPAM)

IT Asset Disposal

Integration Platform as a Service (iPaaS)

License Management

Low-Code Development

Managed IT Service

Master Data Management (MDM)

Network Diagnostics

Network Performance Monitoring

Network Simulation

NoSQL Databases

Rack Servers

Tape Storage

Wireless LAN

Workload Automation

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Blogging

Content Management

Digital Rewards

Email Marketing

Marketing Automation

Online Proofing

Screen and Video Capture

Social Media Management

Survey & Forms Building

Video Editing

Web Analytics

Website Builder

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Consulting

Sales

API Security

File Integrity Monitoring

Security Orchestration, Automation and Response (SOAR)

Security

Animation

Construction Management

Debt Collection

ID Card

Last Mile Delivery

Municipal

Vertical-Specific

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### Sourcing and Vendor Management
Users consistently praise Procol for its robust sourcing and vendor management capabilities. They highlight the ease of use, customization options, and supplier engagement facilitated by the platform. Additionally, users appreciate the transparency, efficiency, and effectiveness in managing vendor relationships and sourcing events. Despite some minor concerns about supplier discovery speed, users overall find Procol to be a valuable tool for optimizing their vendor management processes and enhancing their sourcing strategies.

### Supplier Discovery and Management
Users have highlighted the efficiency of Procol's supplier discovery and management tools, particularly praising the ease of onboarding new vendors and the quick creation and management of sourcing events. However, there are some concerns about the speed of the supplier discovery network, although the customer success teams are commended for their support in addressing this issue. The platform's ability to facilitate vendor management, price discovery, and quality checks on deliveries has been well-received by users, indicating a generally positive sentiment towards Procol's supplier discovery and management capabilities.

### Cost Savings and Efficiency
Users consistently praise Procol for its cost-saving features and efficiency enhancements. The platform's ability to streamline processes, increase transparency, and facilitate cost optimization has garnered positive feedback from users across various industries. Many users highlight the significant savings achieved through Procol's tools, emphasizing the ease of use and time-saving benefits that contribute to overall operational efficiency. Additionally, the platform's customizable options, support services, and collaborative features have been instrumental in driving cost-effective solutions for businesses.

### Automation and Digital Transformation
Users unanimously praise Procol's automation and digital transformation features for streamlining procurement processes and enhancing vendor management efficiency. The software's automation capabilities have significantly reduced manual tasks, saving time and improving operational efficiency. Additionally, users appreciate the transparency and ease of use provided by the digitized system, allowing for better tracking and management of sourcing events. Procol's automation tools, such as E-auctions and vendor automation, have been highlighted as particularly effective in simplifying processes and integrating new vendors seamlessly. The overall consensus among users is that Procol's automation and digital transformation functionalities have been instrumental in driving cost savings, enhancing price discovery, and improving overall efficiency in daily operations.

### Spend Analysis and Cost Management
Users are consistently praising Procol's spend analysis and cost management features. The software's ability to centralize purchase requests for a wide range of SKUs across multiple locations has garnered positive feedback. Additionally, the enhanced visibility provided by the spends dashboard has proven invaluable in identifying cost-saving opportunities and streamlining reporting processes. The real-time communication capabilities with vendors have also been highlighted as a key benefit, facilitating efficient follow-ups and improving overall supply chain management. The ease of use of the dashboard and successful change management implementation have further contributed to user satisfaction with Procol's spend analysis and cost management functionalities.

Procol has proven to be a valuable tool for users, delivering significant savings and improved work transparency. One of the key use cases of Procol is conducting online auctions for various categories, including indirect, Capex, and services. Users have reported experiencing friendly competition and no noticeable differences when working with the same sellers. This has allowed them to achieve the best possible rates for their purchases. With Procol's automation process, users have saved a significant amount of time, around 25 man-days. Additionally, Procol has brought transparency to vendor selection and increased negotiating power for users. The software facilitates sourcing and management of events on a daily basis, streamlining processes such as faster PR to PO, quick order creations, negotiations, and audit purposes. Procol also supports cost optimization through RFQ and reverse auctioning on its app, allowing users to benefit from cost savings and efficiency. Overall, Procol's key features, including sourcing automation, cost reporting, consolidation of spends, and the discovery of new vendors, have made it a valuable resource in improving business process outcomes, ensuring spend compliance, and automating sourcing activities.

Smooth Bidding Process: Multiple users have mentioned that the bidding management in the mobile app is incredibly easy, with a simple click of a button. They have expressed that bidding has never been so convenient before.

Highly User-Friendly: The auction software has been praised by several users for its flexibility and user-friendly interface. Customers appreciate how easily they can navigate through the software and adapt it to their specific needs.

Efficient Supplier Management: Users appreciate having all sellers under one roof, making it easier to find and purchase products efficiently. This centralized system saves time and provides convenience for buyers. Overall, these positive reviews highlight the smooth bidding process, user-friendly interface, and efficient supplier management as key strengths of Procol's auction software.

Flexibility in Bidding Offers: Several users have expressed the need for more flexibility in bidding offers and have been disappointed when they were not qualified due to minor differences. They feel that the current system restricts their ability to customize bids according to their specific requirements.

Frontal Look and Feel of Software: The frontal look and feel of the software has received criticism from some users. They suggest making small changes to the UI, improving colors, and dashboards to enhance the overall user experience.

Difficulty Approving Rates on App: Many users have reported difficulties in approving rates on the app. They would like the option to approve rate changes on the web instead, as it would provide them with greater convenience and ease of use.

Users have made several recommendations based on their experience with Procol. The most common recommendations include the following:

1. Procol is a great starting point for organizing sourcing, especially for companies that scale fast or have multiple locations with a high number of SKUs. Users find that Procol effectively helps them manage their procurement processes in complex environments.

2. Many users praise Procol's pricing, stating that it is well-priced and provides better ROI results compared to other procurement software options. This cost-effectiveness is seen as an advantage, especially for medium to large enterprises looking for a solution that offers significant savings.

3. Users appreciate the ease of use and navigation in Procol. They find the platform intuitive and user-friendly, allowing them to quickly adapt to the system and efficiently carry out their procurement tasks. Additionally, the excellent support provided by Procol is highlighted as a valuable aspect by many users.

Overall, these recommendations suggest that Procol is a valuable tool for companies in need of efficient and transparent procurement processes, particularly those dealing with complex sourcing requirements or looking to achieve significant cost savings.

Procol is building an all-in-one digital procurement platform as a single place for live auctions, collaboration, and intelligent insights.

SAP S/4HANA Cloud

Tipalti automates critical financial processes to drive efficiency, including accounts payable, mass payments, procurement, and expenses, all on one global finance automation platform that grows with the organization, automating, de-risking and simplifying finance.

Tipalti

Procol

Procurement software automates the process of purchasing materials and replenishing inventory. Central to it is electronic purchase ordering and approvals, as well as invoicing and bill payment. The software includes vendor management for competitive pricing and service and vendor follow-ups. Procurement is an essential component of supply chain management and may be available via supply chain management suites.

Procurement

Pioneer PL-115D Vintage Turntable Demo Playing Procol Harum - A Salty Dog

Live One-Man, Procul Harum  with Edmonton Symphony Orchestra -- impersonation.

Procol Harum Demo

Gary Brooker  The Demo That Got the Deal (tm) for Procol Harum, Interview by Joe Viglione

Procol Success Story: Future Consumer Limited

Procol is an all-in-one procurement software for live bidding, collaborations, and market data - everything in a single secure place - that helps orgs save cost and thousands of hours by optimizing their purchase.

Procol Success Story: Bikanervala Foods

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

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Overview

What is Procol?