Procol launches Control Tower 2.0 with predictive AI for enterprise spend intelligence

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Procol has launched Control Tower 2.0, an AI-powered spend intelligence platform built on Multi-Agent Systems (MAS) to help procurement and finance teams analyse enterprise spending, monitor risks and compliance, and support decision-making.

The platform brings procurement data into a single intelligence layer, allowing organisations to analyse spending across suppliers, contracts, categories, business units and geographies. It adds capabilities including demand forecasting, should-costing, AI-assisted discrepancy detection and enhanced risk and compliance monitoring.

Control Tower 2.0 can identify pricing anomalies, off-contract spending and invoice mismatches, while monitoring supplier risks and compliance gaps across the source-to-pay lifecycle. Its conversational AI interface allows users to query procurement data in natural language and receive contextual responses and visualisations.

Unlike traditional spend analytics platforms focused primarily on historical reporting, Procol said Control Tower 2.0 combines spend intelligence with predictive capabilities and connects insights with its AI-native procurement platform, allowing users to move from analysis to procurement...

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