AI-Powered Procurement Platform
Revolutionizing Sourcing With Intelligence
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Overview
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.
Impact
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.
Challenge & solution
How we approached it
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.
What we built
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.
In the product
A look inside
Other artists
User profile
Homepage
FiltersProduct pageWords by client
What the client said
“Happy with the results, Banao did a great job in designing a website that is both user-friendly and full of desired features. The website is fast and responsive, now the website doesn’t face any downtime. All in all, we at Walrus are totally happy with the final project. We’ll surely be going with Banao for future needs.”
More work
Recent Work
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FAQ
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.
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