Koncile named start-up of the year by ADRA

Why Koncile is shaping the future of procurement

Koncile converts procurement documents — contracts, purchase orders, quotes, invoices — into structured, usable and verifiable data. This transformation relies in particular on optical character recognition, which makes it possible to convert complex and heterogeneous documents into reliable data that can be analyzed, controlled, and leveraged at scale.

The objective is simple: help procurement teams unlock the value of information still largely under-used today.Currently, less than 20% of the data contained in procurement documents is actually exploited. Currently, less than 20% of the data contained in procurement documents is actually exploited. Our ambition is clear: make 100% of useful information visible to manage spend effectively.

This approach has already led to tangible results for our clients:

• a major retail company identified 4% hidden savings in 6 weeks thanks to automated analysis of contracts and invoices
• a mobility group divided its supplier control time by three through the automatic structuring of purchase orders
• more recently, we helped a client recover over €50,000 by reconciling a few hundred quotes and invoices
  

With structured data, procurement departments can now:

• detect savings opportunities quickly — even those impossible to spot manually
• automate large-scale, continuous controls
• improve spend quality, reliability and compliance
• make more strategic, informed and defensible decisions
  

This recognition from ADRA confirms that document data is still an under-leveraged strategic asset, and that activating it can profoundly transform the procurement function.

A meaningful recognition

Procurement documents too often remain unused in systems. At Koncile, we chose to wake them up.

This award also strengthens our commitment to supporting procurement teams toward a new era: clearer, more transparent spend, more reliable controls, more structured governance, and higher, measurable performance. Achieving this shift requires robust and governable data foundations, which is precisely the role of intelligent document processing in modern procurement organizations.

ADRA selects only one start-up each year, and past winners (such as Malt, GoJob and Flowie) show how demanding the competition is. Since each start-up can only participate once in its entire existence, being selected among the most innovative solutions reinforces our determination to accelerate even further.

Acknowledgements

We extend our sincere thanks to Hugues de Planta, Managing Director of ADRA, and Cédric Le Savéant, a key organiser and facilitator within the procurement ecosystem. Their support, insights and trust played a major role in this journey.

We also thank all ADRA members for their warm welcome, their interest, and the inspiring discussions that followed this award.