Procural, a B2B tendering platform in Bahrain, has surpassed $10 million worth of closed and awarded business transactions. It is an algorithmic and AI-driven B2B procurement platform that connects vendors to buyers in an efficient, data-driven way. The platform has facilitated business transactions, and ensured the procurement of suppliers.
CEO and co-founder of Procural, Uzair Usman, expressed his enthusiasm on this achievement. “Crossing the $10 million mark in closed transactions is a testament to our commitment to fostering innovation in the procurement industry, and validation of our business model. Buyers utilizing Procural have realized substantial savings and have optimized their procurement processes. By leveraging the platform’s extensive supplier network and innovative sourcing capabilities, buyers have gained access to competitive suppliers, facilitating more favourable pricing and contract terms. We are proud to have been at the forefront of Bahrain’s digital transformation in procurement. This strategic advantage has translated into remarkable cost savings, providing businesses with a significant competitive edge. Our platform has not only facilitated valuable business connections but also fueled economic growth.”
Procural has made significant strides in transforming the procurement landscape in Bahrain by addressing the challenges faced by businesses and suppliers alike. The platform’s user-friendly interface and advanced features have made it easier for buyers to connect with suppliers, streamlining the procurement process and ensuring the selection of the most suitable suppliers for each project. This, in turn, has allowed suppliers to expand their business opportunities and reach a broader audience.
For more information about Procural and its services, visit www.procural.com.