ORO Labs Wins World Procurement Award for Top Procurement Technology Provider for Second Consecutive Year

ORO becomes the first company in the 20-year history of the World Procurement Awards to win the category back-to-back
ORO Labs Wins World Procurement Award for Top Procurement Technology Provider for Second Consecutive Year

SAN FRANCISCO and LONDON — May 22, 2026 — ORO Labs, the leading procurement orchestration platform for global enterprises, today announced it has been named the winner of the 2026 World Procurement Award for Top Procurement Technology Provider. The award was presented last night at the World Procurement Awards gala in London during the World Procurement Congress.

With this year’s recognition, ORO becomes the first organization in the 20-year history of the awards to win the Procurement Technology Provider category in consecutive years.

This year’s winners were selected by an independent judging panel composed of senior procurement leaders from organizations including Standard Chartered, Warner Bros. Discovery, L’Oréal, and Pfizer. According to Procurement Leaders, the judging process focused on identifying organizations demonstrating exceptional leadership, innovation, and measurable impact across the profession.

“This recognition reflects a major shift happening across procurement,” said Sudhir Bhojwani, Co-Founder and CEO of ORO Labs. “The future of procurement is orchestrated, intelligent, and deeply connected to how businesses operate. We are honored to receive this award again, and even more proud to see so many of our customers recognized alongside us for the incredible transformation work they are leading.”

Several ORO customers were also honored during the awards ceremony, including GSK, BAT, Haleon, and Danone, with Bayer receiving highly commended recognition. These customers were recognized across categories spanning business partnership, procurement team excellence, future leadership, and environmental impact.

“When your customers are winning alongside you, that is the real validation,” added Lalitha Rajagopalan, Co-Founder and Head of Strategy & GTM. “This award belongs to the entire ORO community — our customers, partners, and team members around the world who are pushing procurement forward every day.”

ORO continues to help the world’s leading enterprises modernize procurement operations through agentic orchestration that connects people, processes, systems, and intelligent agents across intake, sourcing, supplier management, risk, compliance, and finance workflows.

The company’s momentum follows a period of rapid growth and industry recognition, including its recent $100 million Series C funding round to accelerate the adoption of agentic orchestration across enterprise procurement and finance operations.

For more information, visit orolabs.ai.

About ORO Labs

ORO Labs is a procurement orchestration company on a mission to humanize the procurement experience by coordinating teams, systems, and processes so employees get what they need without frustration. ORO’s AI-powered no-code platform enables global enterprises to orchestrate procurement across intake management, supplier onboarding and maintenance, risk and compliance, and other complex workflows through connected, adaptive experiences that span people, systems, and intelligent agents. The platform helps organizations reduce cycle times, improve visibility and compliance, accelerate decision-making, and create more seamless employee and supplier experiences. ORO is trusted by Fortune 500 companies and fast-growing global organizations to modernize procurement operations and scale efficiently across teams, systems, and suppliers. 

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