Procol, an AI-based procurement technology company, said its platform has helped manufacturing enterprises cut procurement cycle times by 75% through AI-led automation and connected workflows. The company works with more than 150 manufacturers across over 10 countries, including Havells, Emami, Jindal, Blue Star, Somany Ceramics, and Aditya Birla Group. Across its base it reports efficiency gains of more than 50%, cycle reductions of up to 80%, and cost savings of up to 10%. AI agents automate activities across the source-to-pay cycle, including RFQs, RFPs, electronic auctions, supplier onboarding, approvals, and accounts payable. The platform integrates with SAP and Oracle through two-way real-time synchronization so firms can automate workflows without replacing systems of record. Implementations have saved buyers more than 8,100 hours of manual effort. CEO Gaurav Baheti said the approach moves beyond digitizing steps toward autonomous execution across the procurement lifecycle.
Procol, an AI-based procurement technology company, said its platform has helped manufacturing enterprises cut procurement cycle times by 75% through AI-led automation and connected workflows. The company works with more than 150 manufacturers across over 10 countries, including Havells, Emami, Jindal, Blue Star, Somany Ceramics, and Aditya Birla Group. Across its base it reports efficiency gains of more than 50%, cycle reductions of up to 80%, and cost savings of up to 10%. AI agents automate activities across the source-to-pay cycle, including RFQs, RFPs, electronic auctions, supplier onboarding, approvals, and accounts payable. The platform integrates with SAP and Oracle through two-way real-time synchronization so firms can automate workflows without replacing systems of record. Implementations have saved buyers more than 8,100 hours of manual effort. CEO Gaurav Baheti said the approach moves beyond digitizing steps toward autonomous execution across the procurement lifecycle.