Procol AI
193 posts

Procol AI
@Procol_
Procurement AI Agents for Enterprise

A proud moment for us — closing one of our best quarters. Everest Group just recognized Procol among the top 10 global platforms in their latest report - Agentic AI Applications in Procurement. The only Indian company in the world. Excited to be building!



There will be 100 successful startups built around one simple idea: Automating enterprise procurement with AI agents. Most procurement teams today are basically a mini-ERP… with email as the API. PDFs. Spreadsheets. Supplier threads. Approvals buried in inboxes. Perfect environment for agents. Build an AI procurement layer that can: - read RFQs and contracts - evaluate suppliers - negotiate terms - trigger approvals - complete transactions Procurement is the perfect agent wedge: unstructured documents + repetitive workflows + huge hidden cost. Classic Tornado Test: If an agent compresses weeks of work into minutes, it’s not a feature. It becomes the new baseline. And you can start building this today with open-source frameworks like @OpenMercato. If you run a software consultancy, here’s the blunt truth: Stop pitching “AI”. Pick one ugly enterprise workflow, automate it end-to-end, then productize the delivery. That’s where the real money will be.



Procurement rarely gets spotlight—today, we get the front page. Procol is on the front page of @EconomicTimes





Procol’s procurement platform has powered ₹1.5L+ Cr ($20B+) enterprise procurement spends in India. >90% companies globally are still running procurement manually. We are just getting started. This is made in India 🇮🇳 tribuneindia.com/news/business/…








We hit $1B procurement in a month This was our total procurement volume (TPV) for the first 4 years since inception. Procurement automation is not a dream but a "must have" for any growing company.


Last month, we broke a few records on procurement adoption of Procol. • Completed ~8000 sourcing events (RFPs/RFQs) • Hit the highest customer satisfaction score - 94%. • Received ~80,000 bids from 5000+ suppliers globally. Indian companies are adopting digital procurement!




