Lio
5.3#23 in procurement orchestration softwareWeb
Visit| Fact | Lio | Procol Strategic Sourcing |
|---|---|---|
| Founded | 2023 | 2017 |
| Headquarters | The site lists Lio Technologies’ headquarters at 524 Broadway, New York, NY 10012, USA. | The privacy policy gives the corporate office as Unit 404, 405 and 407, Tower C, Unitech Cyber Park, Sector 39, Gurugram, Haryana, India. |
| Integrations | Lio says it connects with systems enterprises already use, but the page does not name specific integrations. | Procol’s homepage displays integrations including SAP, SAP Ariba, Slack, Oracle, Zapier, ERPNext, Workday, Jira, and Gmail. |
| Security certifications | Lio says its information security management system is ISO 27001 certified and its security controls are aligned with SOC 2 standards. | The company displays ISO 27001, SOC 2 Type 2, GDPR-compliance and cyber-insurance claims. |
Lio is aimed at enterprise procurement teams, particularly those working in complex industries and handling direct or indirect procurement. It may suit organizations seeking both operational task support and help redesigning their procurement model.
It suits enterprise procurement teams that coordinate sourcing events, supplier bids, auctions, and contract work. It is also relevant to teams that need scenario analysis or custom sourcing workflows.