Overview
Procurpal is an AI-driven procurement and sourcing platform that streamlines RFIs, RFPs, and eAuctions for enterprises. Banao Technologies developed a fully automated sourcing engine, smart supplier shortlisting, pricing intelligence, and integrated ERP workflows to reduce manual effort and enhance purchasing decisions.
Industry
Enterprise SoftwareBusiness type
SaaS B2B Platform
Services
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Post-launch Impact
With Banao’s engineering, Procurpal reduced sourcing cycle times by 70%, enhanced compliance through workflow automation, and onboarded over 800,000+ suppliers for AI-powered shortlisting and engagement.
Since the platform launch, Procurpal has achieved:
0+
automated RFx and auction workflows
0+
verified global suppliers onboarded
0M+
procurement cycles processed across clients
Challenge
Procurpal needed to unify and digitize procurement processes including supplier onboarding, RFx creation, pricing analysis, and auction management—across a scalable and secure platform for enterprise clients.
Features Implemented:
- AI-Powered Supplier Shortlisting
- Dynamic RFx Templates & Custom Scoring
- eAuction Platform with Real-Time Bidding
- Smart Pricing Benchmarking Tools
- ERP & Legacy System Integrations
- Role-Based Access, Logs & Audit Trails
Other artists
User profile
Homepage
Filters
Product page
Features Implemented
Procurpal simplifies complex procurement with intelligent tools and real-time data capabilities.
AI-Based Supplier Matchmaking
Filters and ranks suppliers from a global database using defined parameters and AI weights.
Custom RFx Builder
Drag-and-drop RFQ and RFP creation with scoring matrix and section-wise weightage.
Auction Module
Supports reverse auctions and sealed bids with timer controls and dynamic pricing.
Integrated ERP Connectors
APIs to sync with SAP, Oracle, and other systems for seamless procurement governance.
Smart Pricing Dashboard
Real-time analytics and benchmarking of quotes with historic trendlines.
Audit & Compliance Logs
Track every action with secure role-based logging and access control policies.
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Frequently Asked Questions
How did Banao implement AI in Procurpal?
We used machine learning for supplier shortlisting, pricing recommendations, and bid scoring. The AI adapts based on user behavior and sourcing outcomes.
What modules did Banao build for the platform?
Our team developed RFx automation, eAuction, ERP integrations, supplier database architecture, role-based workflows, and dashboards.
Can Procurpal integrate with existing ERP software?
Yes, the platform includes APIs to connect with SAP, Oracle, Microsoft Dynamics, and other procurement systems.
How does Procurpal ensure procurement compliance?
We built detailed approval flows, audit logs, role-level access permissions, and a traceable action history for full transparency.
Is the platform scalable for large enterprise needs?
Absolutely. Procurpal’s microservices architecture and cloud infrastructure allow it to scale across departments and geographies.
What technologies were used to build Procurpal?
We used React, Node.js, MongoDB, Python for AI modules, and AWS for scalable cloud deployment.