Applications

Think You Don’t Need Procurement Software? Here’s Why You Actually Do

Published

7 months ago

November 11, 2025

There is a common misconception among many businesses that procurement is an easy administrative process that involves placing an order and making a payment. But with the expansion of organizations, procurement becomes complex and requires the involvement of numerous parties, diverse suppliers, and high financial risk. It is no longer possible to rely on spreadsheets, emails, and manual approvals.

It is at this point that procurement software is necessary. The current procurement solutions coalesce the processes, automate the monotonous duties, and give real-time access to the expenditure. They enable the business to control the suppliers, apply compliance, and streamline operations, besides minimizing mistakes and inefficiencies.

Besides that, incorporating an effective vendor management system into the procurement software ensures that the supplier relationship becomes strategic. Collectively, these tools make procurement a process that does not add value to a company, to one that creates value.

The Increasing Procurement Complexity

With the increase in business, the procurement activities increase in scope and volume. Having several suppliers, purchase requests, invoices, and payments in different departments can easily get out of control without the appropriate tools.

The reason Procurement Software is Important

The use of procurement software is one method of overcoming such challenges by automation and centralization of procurement activities.

1. Streamlined Workflows

The current procurement systems automate purchase requisition, purchase approvals, purchase orders, and invoice handling. This minimizes the overhead cost of administration and speeds up the procurement process.

2. Improved Transparency and Reporting.

Through the procurement software, the managers are able to monitor the spending habits, supplier performance, and make elaborate reports. Real-time dashboards give actionable insights to organizations making them take informed financial and operational decisions.

3. Cost Savings and Efficiency

Automation reduces errors, eliminates duplication of payments, and finds possibilities of consolidation and negotiation. These cost savings can be very high by streamlining the process of supplier selection and spend management.

4. Risk Management and Compliance

Procurement software assists in enforcing company policies and the need to remain in compliance with regulations and adequate audit trails. There are alerts and automated checks that minimize the chances of fraud and non-compliance.

The Vendor Management System Role

An effective vendor management system built into the procurement software enhances the relationship with suppliers and enriches the efficiency of procurement.

Important Vendor Management System advantages:

● Evaluation and Onboarding of Suppliers

VMS tools simplify the onboarding process, which makes sure that suppliers are of quality, regulatory, and contractual standards. The suppliers can have a central store of their documentation and credentials in businesses.

● Performance Monitoring

VMS allows tracking the performance indicators of suppliers (delivery times, quality, compliance). This will enable organizations to know the good vendors and also take corrective measures when vendors are performing poorly.

● Risk Mitigation

VMS assists organizations in predicting any disruptions by tracking financial stability, compliance, and operational risks to ensure that they have contingency plans.

● Enhanced Collaboration

VMS platforms have supplier portals and communication tools that enhance collaboration, clarity on what is expected, and prompt response to queries or problems.

A vendor management system ensures that businesses not only regulate their expenditure but also have strategic and fruitful relations with suppliers.

The way Procurement Software helps in Business Growth

In the case of expanding companies, the procurement software is not a simple convenience but a strategic requirement.

● Scalability

Manual processes become a bottleneck as the volume of procurement is increased. The procurement software is growth-oriented, thus it supports a large number of users, suppliers, and purchase requests without affecting efficiency.

● Data-Driven Decision Making

Centralized procurement data is important because it allows executives to make an analysis of the trend. These lessons contribute to wiser strategic planning.

● Time Savings

Automation saves time that could be wasted in administration, like approvals, invoice reconciliation, and reporting. These areas of strategic sourcing, supplier negotiation, and process improvement can be addressed by teams.

● Better Supplier Relationships

Prompt payments, effective communication, and openness enhance confidence among suppliers. A vendor management system combined with procurement software will keep the relationships with the suppliers cooperative and fruitful.

Application Impact in the Real World: Efficiency Gains

The results of the implementation of procurement software and a vendor management system are often measured in businesses:

● More Rapid Procurement: Purchase requests, approvals, and payments are carried out at faster rates, and delays in operations are minimized.

● Cost Reduction: Better visibility and automation will result in finding areas to save money, prevent unnecessary purchases, and consolidate suppliers.

● Improved compliance: Workflow Automation ensures policies during procurement and has a record that can be audited.

● Better Supplier Performance: Continuous monitoring and analytics enhance supplier responsibility and quality of services.

As an example, the mid-sized enterprise with slow approvals and irregular communication with suppliers can employ procurement software to automate requisitions. This guarantees that the operations will be smoother, will be at a lower cost ,and there will be a better relationship with the suppliers.

Conclusion: Procol As A Comprehensive Solution

Extensive use of manual systems or simple spreadsheets to facilitate procurement cannot be relied on any longer by businesses that wish to grow efficiently. Application of procurement software that is incorporated with a vendor management system is critical to operational effectiveness, cost management, and compliance. Such outdated approaches can no longer suffice in case any business wants to attain efficient scalability. It is no longer just advantageous, but is now a necessity to have a strategic implementation of effective procurement software.

Procol is a solution in the form of a fully-fledged procurement system that streamlines the procurement processes, automates the process of granting approvals, and offers analytics to make smarter decisions. Its platform incorporates supplier management, purchase requests, and invoice payments into a smooth system, enabling organizations to optimize their spending, reduce risks, and engage in better relationships with their suppliers.

By adopting modern procurement software with vendor management capabilities, businesses can transform procurement from a transactional function into a strategic asset. This ensures not only efficiency and compliance but also long-term growth and competitive advantage in a dynamic business landscape.

Up Next

Hybrid plugs into India’s programmatic future

Don't Miss

Hoopr hits a global note with key leadership move

Click to comment

Applications

Moltbook, the AI-only social network, sparks hype, doubt and fear

Published

4 months ago

February 3, 2026

indiantelevision.com Team

CALIFORNIA: Moltbook, a Reddit-style social platform built exclusively for artificial intelligence agents, has emerged as the latest obsession in Silicon Valley, drawing intense attention for its explosive growth and surreal bot-driven interactions.

The platform hosts more than 100 communities where AI agents post, argue and joke about topics ranging from governance theory to esoteric “crayfish debugging” concepts. Within days of launch, Moltbook recorded tens of thousands of posts, nearly 200,000 comments and more than 1 million human visitors observing the activity.

Yet the numbers and the autonomy are under scrutiny, as per media reports. A security researcher has suggested as many as 500,000 accounts may trace back to a single address, raising doubts about Moltbook’s membership claims. Many posts could also be the result of humans instructing their AI tools to publish content, rather than bots acting independently.

The platform runs on agentic AI, powered by an open-source tool called OpenClaw, formerly known as Moltbot. Unlike chatbots such as ChatGPT or Gemini, these agents are designed to perform tasks on users’ devices, from sending messages to managing calendars, with minimal human input. Once authorised, they can interact freely on Moltbook.

Some tech figures have hailed the platform as a glimpse of a post-human internet. Head of crypto custody firm BitGo Bill Lees, called it evidence that “we’re in the singularity”.

Academics are less convinced. Petar Radanliev, an AI and cybersecurity expert at the University of Oxford, said the idea of agents acting independently was “misleading”, describing Moltbook instead as automated coordination within human-set constraints. Columbia Business School assistant professor David Holtz, dismissed the spectacle as “thousands of bots yelling into the void and repeating themselves”.

Beyond hype, security worries loom large. ESET global cybersecurity advisor Jake Moore, warned that granting AI agents access to emails, private messages and files risks prioritising efficiency over privacy. Andrew Rogoyski of the University of Surrey said high-level system access could lead to serious damage, from erased data to compromised company accounts.

Even OpenClaw’s founder Peter Steinberger, has felt the darker side of attention, with scammers hijacking his old social media handles after the platform’s rebrand.

For now, Moltbook remains a strange digital zoo: part experiment, part spectacle, where AI agents banter about philosophy, productivity and, occasionally, their fondness for their human operators.

Applications

Apple appoints Avtar Ram Singh as head of international marketing

Published

4 months ago

February 2, 2026

indiantelevision.com Team

CALIFORNIA: Apple has handed a bigger global brief to a long-time insider. Avtar Ram Singh has taken over as head of international marketing for the App Store, Apple Arcade and the Apple Games app, deepening his remit across one of the company’s fastest-growing businesses.

“I’m happy to share that I’m starting a new position as head of international marketing, App Store, Apple Arcade and Games App at Apple,” Singh said while announcing the move.

The promotion crowns nearly seven years at Apple, where Singh has led services marketing across Southeast Asia and India and previously served as head of marketing for Southeast Asia content and services, business lead for Apple Podcasts in the region and interim marketing lead for the App Store internationally.

His new portfolio spans three pillars of Apple’s services push. The App Store, which Apple positions as a safe and trusted discovery platform, now attracts more than 850 million average weekly users globally. Since 2008, developers have earned over $550 billion on the platform.

Apple Arcade, the company’s gaming subscription service, offers unlimited access to a catalogue ranging from brain teasers to big-name franchises. The recent addition of Sid Meier’s Civilization VII Arcade Edition brings a AAA PC title to iPhone, iPad and Mac from 5 February.

Then there is the Apple Games app, unveiled at WWDC as a unified destination for games from the App Store and Arcade. It aggregates titles in one place, surfaces personalised recommendations, tracks events and achievements, and lets users compete with friends or connect controllers for a console-like experience.

Singh arrives with a hybrid background in strategy, data and creativity. His career spans digital and social media marketing, business intelligence, content, editorial and analytics across culturally diverse markets. He has worked on brands including P&G, Accor, Audi, UBS, Nikon, Samsung, Sony, Pizza Hut, HBO and Singapore Airlines-linked businesses such as Scoot.

Before Apple, Singh led strategy at Falcon Agency, focusing on performance marketing and ROI-driven digital frameworks. He earlier ran the social practice at Publicis Singapore, where he oversaw operations, business development and regional social strategy for multinational clients. His career also includes roles at Ogilvy-linked Circus Social, Rocket Internet ventures Lazada and Zalora, and research firm IDC in Bangkok, where he analysed technology markets and won early awards for collaboration and client retention.

At Apple, he has been close to several service launches and expansions, including Apple Fitness+ in Singapore, Apple Creator Studio, global podcast subscriptions and new App Store marketing tools.

The timing is notable. Apple’s services business has posted record years, and gaming is becoming a sharper battleground as platforms chase engagement and recurring revenue. Singh’s brief sits at the intersection of content, community and commerce.

In a market where attention is scarce and loyalty scarcer, Apple is betting that sharper storytelling and smarter marketing can keep users inside its ecosystem. Singh now holds the megaphone. The real test will be how loudly the world listens.

Applications

Cloud nine in the capital Bharathcloud plugs Delhi into its AI plans

Hyderabad-based sovereign cloud firm expands north, eyes 100 plus hires in 2026.

Published

5 months ago

January 30, 2026

indiantelevision.com Team

MUMBAI: Bharathcloud is bringing its cloud closer to power. The Hyderabad-based sovereign AI cloud services provider has opened its Delhi office, marking its formal entry into North India and setting the stage for its next phase of growth.

The expansion comes as India’s digital transformation fuels rising demand for AI-ready cloud infrastructure, driven by wider adoption of artificial intelligence, machine learning, the Internet of Things and data-heavy applications. With the new office, Bharathcloud plans to onboard more than 100 employees in 2026, strengthening its workforce to support customers across government, enterprises, MSMEs and social sectors.

The Delhi presence is expected to sharpen the company’s engagement with organisations seeking secure, scalable and cost-efficient cloud platforms that comply with India’s data sovereignty requirements. It also positions Bharathcloud closer to policy, public sector and enterprise decision-makers in the region.

Founded in Hyderabad, Bharathcloud offers AI-ready cloud infrastructure including Kubernetes-as-a-Service, zero-trust security architecture and multi-level data protection frameworks. Its platform supports AI and ML workloads, blockchain application migration from hyperscalers and distributed data management, with an emphasis on reliability, low latency and operational continuity.

“With the Delhi expansion, we are positioning Bharathcloud to engage more closely with AI-driven enterprises and technology hubs in North India,” said Bharathcloud co-founder Rahul Takallapally. He added that the move would help nurture local cloud and AI talent while accelerating the adoption of secure and resilient AI infrastructure across sectors.

The company currently operates in Hyderabad, Bengaluru, Mumbai, Kolkata, Lucknow and Chennai, employing over 200 people and serving more than 1,500 clients across manufacturing, healthcare, financial services, IT and media. Aligned with national initiatives such as Digital India and Make in India, Bharathcloud continues to focus on building indigenous AI-cloud infrastructure to support data localisation and the country’s growing appetite for next-generation digital solutions.

With its Delhi office now live, the company is signalling a clear intent: to make sovereign, AI-ready cloud infrastructure not just an alternative, but a mainstream choice for India’s north as well as its tech capitals.