Procol, Agentic AI platform for Procurement & Finance, has announced the launch of Control Tower 2.0, the latest version of its AI-powered spend intelligence platform. Built on Multi-Agent Systems (MAS), the platform is designed to help procurement and finance teams analyse enterprise spend, monitor risks and compliance, and support decision-making through AI-driven insights.
As organisations generate increasing volumes of procurement and financial data, many continue to rely on fragmented dashboards and static reports that provide limited visibility into spending patterns and operational risks. Control Tower 2.0 addresses this challenge by bringing together procurement data into a single intelligence layer, enabling organisations to analyse enterprise spend with greater context and identify emerging trends, risks and opportunities.
Building on the original Control Tower, the latest version expands the platform’s capabilities with demand forecasting, should-costing, AI-assisted discrepancy detection, and enhanced risk and compliance monitoring. The platform analyses spend across suppliers, contracts, categories, business units, and geographies to forecast demand, model expected costs, identify pricing anomalies, off-contract spend, and invoice mismatches, and continuously monitor supplier risk and compliance gaps across the source-to-pay lifecycle. Its conversational AI interface enables users to query procurement data in natural language and receive contextual responses with visualisations, without manually creating reports or navigating multiple dashboards.
Unlike traditional spend analytics tools that primarily report historical data, Control Tower 2.0 combines spend intelligence with predictive capabilities and is integrated with Procol’s AI-native procurement platform, enabling organisations to move seamlessly from analysing spend data to initiating procurement actions through connected workflows.
Commenting on the launch, Gaurav Baheti, CEO & Founder, Procol, said, “Procurement teams today require greater visibility into enterprise spend along with the ability to anticipate demand, understand cost structures, and respond to emerging risks. With Control Tower 2.0, we’ve expanded the platform beyond spend visibility by introducing predictive capabilities that help procurement and finance teams work with more timely, contextual intelligence. Our focus is on enabling faster, more informed decision-making across the procurement lifecycle.”
Control Tower 2.0 provides a unified view of enterprise-wide spend across both direct and indirect procurement, including raw materials, logistics, IT, marketing, facilities, professional services, travel and other operational expenditures. By combining spend visibility with predictive intelligence within a single platform, it helps organisations strengthen procurement planning, improve governance and respond more effectively to changing business requirements.
