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Procol Vendor Management System
New Delhi, India
What it is
Procol Vendor Management System manages suppliers from onboarding through performance tracking and risk management. Onboarding combines automated KYC and document validation with approval workflows, audit trails, and supplier scoring. Teams can define KPIs such as OTIF, quality, responsiveness, and pricing, then generate scorecards using purchase-order, goods-receipt, and invoice data. A centralized supplier master brings together transaction history, contracts, KPIs, and risk profiles. Procol synchronizes BOQs and purchase orders with SAP, Oracle, and Microsoft Dynamics. Its supplier mobile app supports quote submissions, tender responses, bids, negotiations, and tracking purchase-order statuses and payments. Listed procurement modules include sourcing, eAuction Pro, Procure to Pay, Vendor Onboarding, Vendor Portal, and Orchestration. Orchestration lists PR-to-PO and ERP integrations, master-data sync, SMTP integration, and APIs. Procol displays ISO 27001, SOC 2 Type 2, cyber-security insurance, and GDPR compliance recognition, and describes security controls including encryption, access controls, logging, and monitoring. The service is paid, has no free plan, and pricing is available on request.
For and against
For
- Onboarding includes KYC checks and approval audit trails.
- Scorecards can use purchasing and invoice data.
- ERP synchronization includes SAP, Oracle, and Microsoft Dynamics.
- Supplier mobile app supports bids and order-status tracking.
Against
- There is no free plan.
- Pricing is available on request.
- The system is paid.
The verdict
Procol combines supplier onboarding and performance tracking with procurement modules and ERP synchronization. Organizations should request pricing and assess which modules fit their supplier workflows.
Who it suits
Procol may suit organizations that need supplier onboarding, scorecards, transaction visibility, and risk tracking in one system. Its mobile app supports suppliers handling quotes, tenders, bids, and order or payment status.
Plans and prices
Custom pricing
Source-to-Pay · Procure-to-Pay · Orchestration · Strategic Sourcing
Read 1 Oct 2026 · procol.ai
On the record
- Company history
- Procol says it set out to transform business procurement in 2018 and has a team of over 80 members.procol.ai · read 1 Oct 2026
- ERP integrations
- Procol synchronizes BOQs and purchase orders with SAP, Oracle, and Microsoft Dynamics.procol.ai · read 1 Oct 2026
- Integration capabilities
- The Orchestration module lists PR-to-PO integrations, ERP integrations, master-data sync, SMTP integration, and APIs.procol.ai · read 1 Oct 2026
- Onboarding
- Vendor onboarding includes automated KYC and document validation, approval workflows with audit trails, and supplier scoring.procol.ai · read 1 Oct 2026
- Procurement modules
- The pricing page lists sourcing, eAuction Pro, Procure to Pay, Vendor Onboarding, Vendor Portal, and Orchestration modules.procol.ai · read 1 Oct 2026
- Purpose
- Procol manages the supplier lifecycle from onboarding through live performance tracking and risk management.procol.ai · read 1 Oct 2026
- Relationship management
- Users can define KPIs such as OTIF, quality, responsiveness, and pricing and auto-generate scorecards from purchase-order, goods-receipt, and invoice data.procol.ai · read 1 Oct 2026
- Security certifications
- Procol displays ISO 27001, SOC 2 Type 2, cyber-security insurance, and GDPR compliance recognition.procol.ai · read 1 Oct 2026
- Security controls
- Procol states that its security program includes encryption, access controls, network protections, logging and monitoring, periodic reviews, employee confidentiality, and vendor due diligence.procol.ai · read 1 Oct 2026
- Spend control
- The system tracks vendor performance, pricing trends, and compliance to reduce leakage and secure better terms.procol.ai · read 1 Oct 2026
- Supplier analytics
- The platform provides a centralized supplier master and a unified view of transaction history, contracts, KPIs, and risk profiles.procol.ai · read 1 Oct 2026
- Support contact
- Procol identifies a Data Protection Officer and provides [email protected] for privacy questions and complaints.procol.ai · read 1 Oct 2026
- Target customers
- The vendor management system page says it is trusted by 250+ leading enterprises.procol.ai · read 1 Oct 2026
- Vendor mobile app
- The supplier mobile app supports submitting quotes, responding to tenders, placing bids, negotiating, and tracking purchase-order statuses and payments.procol.ai · read 1 Oct 2026
