Case Study: an agrochemical company accelerates procurement and cuts PR-to-PO time with Procol

INR 1500 CR+ Agrochemical Company Expedited Procurement Process to Overcome PR To PO Delay

The customer, a major agrochemical company, faced an excessively slow procurement process with a 15-20 day delay converting purchase requests to purchase orders, alongside difficulty managing its supplier network. To overcome this, the company partnered with vendor Procol to implement a digital transformation.

Procol implemented its ProOptimize Module to integrate the supplier database and RFX processes onto a centralized dashboard. This solution expedited the PR to PO turnaround time to just 24-48 hours, digitized over 320 vendors, and realized 6.5% savings on procurement spends worth over INR 5 crore within six months.