Procol Strategic Sourcing
7.0#2 in sourcing softwareAndroidiOSWebAPI
Visit| Fact | Procol Strategic Sourcing | ProcurePulse Strategic Sourcing |
|---|---|---|
| Founded | 2017 | 1999 |
| Headquarters | The privacy policy gives the corporate office as Unit 404, 405 and 407, Tower C, Unitech Cyber Park, Sector 39, Gurugram, Haryana, India. | Bangalore, India |
| Integrations | Procol’s homepage displays integrations including SAP, SAP Ariba, Slack, Oracle, Zapier, ERPNext, Workday, Jira, and Gmail. | Listed integrations include SAP ECC/S4HANA, Oracle EBS/Fusion/JD Edwards, PeopleSoft, Active Directory, LDAP, Google OAuth, ManageEngine, SCCM, Tivoli, XingHR and Dify. |
| Pricing model | The pricing page shows no numeric tiers and instructs buyers to select modules for a custom quote. | The maker says pricing is tailored to each organization and provided as a fixed proposal after assessing modules, users, deployment, and integrations; annual contracts are standard. |
| Purpose | Procol describes its strategic sourcing platform as a collaborative tool to streamline sourcing, strengthen supplier relationships, and automate manual work. | Strategic Sourcing manages RFQs, reverse auctions, quote comparisons, and supplier shortlisting, with award data flowing into contract management and procurement. |
| Security | Procol states that its platform is SOC 2 Type II certified, ISO 27001 aligned, GDPR compliant, and backed by cyber security insurance. | The security page states that sensitive data is encrypted at rest with AES-256 and data in transit uses TLS 1.2 or higher. |
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.
It suits procurement teams that run RFQs or reverse auctions and need supplier checks, bid comparisons, and award handoff. Organizations evaluating it can use a tailored proof of concept; the stated evaluation period is usually 2–3 weeks.