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What is Procol?

The perfect procurement software must be flexible, user-friendly, cost-effective, secure for enterprise applications, and implementable in under a week to optimize your procurement operations. By bringing together all expenses, you can achieve significant savings and attain full visibility into your expenditures along with detailed audit trails. This software will automate procurement tasks, reducing the need for tedious manual follow-ups and making you a preferred client for your suppliers. Moreover, it allows you to centralize requests, transforming chaotic email exchanges into a streamlined request management process while generating organized data through eSourcing. You can effortlessly compare supplier bids and responses side-by-side and create RFPs, RFQs, and RFIs in mere minutes using an intuitive sourcing tool. With access to over 45 unique bidding algorithms, you can unlock remarkable cost savings and uncover pricing insights that were previously hard to obtain. Additionally, the inclusion of a supplier portal for managing communications, transactions, and issue resolution can save you countless hours and further enhance your procurement activities. By adopting this software, you will not only boost efficiency but also foster stronger supplier relationships, which ultimately contributes to improved business performance, driving your organization towards greater success. The integration of technology in procurement signifies a transformative shift, paving the way for a future where businesses can operate more strategically and profitably.

What is Archlet?

Archlet is an innovative analytics-focused Strategic Sourcing Platform that aims to boost the efficiency of Procurement teams by providing intuitive tools for RFx, bid analytics, and scenario optimization, which together promote faster and more informed decision-making. Shift your strategic sourcing activities away from the traditional burdens of email and spreadsheets into a cohesive platform that streamlines the complexities inherent in strategic sourcing through advanced analytics and scenario optimization methods. Thanks to our intuitive automation and sourcing optimization capabilities, you can considerably shorten project timelines, freeing up valuable time for more strategic initiatives. Design and assess sourcing models that not only focus on cost but also consider a range of non-cost factors, such as sustainability, performance indicators, risk analysis, and supplier diversity, allowing your decisions to be data-driven. Moreover, take advantage of automatically identified negotiation opportunities and detailed supplier insights to engage in negotiations backed by solid data, unveiling potential new savings. By leveraging these powerful tools effectively, your procurement processes can transform, nurturing a more strategic sourcing approach that is responsive to evolving market dynamics and organizational goals. Furthermore, embracing this comprehensive platform allows teams to collaborate more seamlessly, driving greater alignment and shared objectives within the procurement function.

Media

Media

Integrations Supported

SAP Store
WhatsApp

Integrations Supported

SAP Store
WhatsApp

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Procol

Company Location

India

Company Website

www.procol.io

Company Facts

Organization Name

Archlet

Date Founded

2019

Company Location

Switzerland

Company Website

www.archlet.io

Categories and Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

RFI

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Categories and Features

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

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