Faster, better invoicing
Keep track of all payments and expenditures with Precoro so you always pay on time and never exceed your limit.
Trusted by 1000+ companies worldwide
fewer duplicated payments
hours saved on manual invoice management every year
users feel their data is secure with Precoro
Improve the accounts payable process step-by-step with Precoro
Streamline daily work and close the APs faster than ever — all while ensuring cost and time efficiency.
Receiving and recording the invoice
AP automation makes payment requests a breeze. Instant notifications let your team access and process invoices online the moment they arrive — simplifying the entire workflow.
- Create a new invoice from scratch or from a PO, or let your supplier make one.
- Attach scanned documents to generate pre-filled invoices or automatically scan invoices through email.
Making sure the invoice is legit
Easily match the purchase order, receipt, and invoice to verify that the supplier’s invoice is authentic. Precoro simplifies it all with:
- Seamlessly run two- or three-way matching to catch discrepancies before they become issues.
- Keep all your documents linked, stored, and accessible in one place for quick, easy retrieval.
2.5x faster approving
Never postpone an order or miss out on a supplier discount due to delayed approval. Automatically route documents to the right decision-maker based on any condition. Precoro streamlines approvals with:
- Approvals by locations, departments, projects, custom fields.
- Thresholds and policies for a precise routing.
Gaining 100% spend visibility
Prevent corporate spending chaos, increase expenses visibility, and streamline the reimbursement process in a few clicks.
- Accurate document statuses to filter out the invoices to be paid.
- Real-time budgeting and reporting.
Capabilities that push your teams forward
Our goal is to give stakeholders full visibility into procurement documents, budgets, vendors, expenses, and inventory levels, while also equipping them with the tools needed for a smooth workflow. Curious how we do that?
One digital space for requisitions, purchase orders, invoices, and more
Designed to keep track of all your team's purchase orders, invoices, and payments in one collaborative space, Precoro will help you receive your orders in time and keep perfect track of all purchasing activity.
Go to product overview
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Requests <-> Purchase Order <-> Receipt <-> Invoice … all matched in real-time.
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All order data in one place: delivery, full item info, payment, supplier details, etc.
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Separate internal attachments for the team and external ones for suppliers.
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Options to make a PO recurring, blanket, auto-send to the supplier, or revise it post-approval.
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Real-time order tracking from draft through the approval process and to payment.
Have a complete view of every vendor
Reduce risks by running a comprehensive RFP process and quicker supplier onboarding. Monitor the most profitable offers using an item catalog and never miss the best deals.
Go to product overview
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Supplier Database with an unlimited number of records.
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Suppliers Portal allows vendors to collaborate with buyers directly in the system.
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Specifying payment terms like pre- and post-payment percentage, credit periods, etc.
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Unlimited item catalog featuring item bundles, categories, and unit management.
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Contract repository with expiration notifications.
The whole spending activities at your fingertips
Break free from the headache of going over budget, unmatched records, or broken audit trails. Set up your custom budgeting system with approvals, thresholds, and reports of choice. Based on this data, make informed decisions, optimize budget planning, and save up to 7% on annual business spending.
Go to product overview
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Real-time budget tracking boasting a dashboard with progress bars and pie charts
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Budgeting for projects, locations, departments, custom fields, and custom periods
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Setting budget limits, calculation of total, available, reserved and used amounts
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Three report types: visual charts, standard XLSX reports, and custom ones
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Custom report builder with 150+ data points for data-driven decisions
Make all your tools working as one
Precoro integrates with your favorite business solutions. Let your teams seamlessly exchange data and see important updates across tools. We offer various integrations at different levels to make procurement a breeze. Our integrations are best-in-class, and thanks to our unlimited custom fields, you can sync any field, including bills.
Discover all integrations
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2-way data exchange with QuickBooks Online, Xero, and NetSuite.
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Purchase from your trusted vendors through PunchOuts catalogs.
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Approve documents directly from your Slack workspace.
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Integrate Precoro with your SSO provider for secure credential management.
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Easily build any custom connection via API.
Inventory control
Centralize information about your supplies, equipment, and services and ensure you never experience shortages or buy excess reserves. Predict and control your supply distribution across multiple locations and departments.
Explore Precoro
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Adding, updating, and tracking your stock balance
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Selecting items directly from company stock to eliminate redundant purchases
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Minimum stock levels, stock valuation, and inventory consumption features
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Ability to transfer items in stock between different storage locations
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PO creation from unfulfilled warehouse request
Recognized by industry leaders
Reasons our customers love Precoro and you will too
The team you can rely on for years
From onboarding to continuous use of Precoro. No chatbots, no long waits for calls, no extra costs. 96% of questions are answered within 2 hours. We aim to be your last stop in the search for a procurement solution.
High acceptance rate
Due to its intuitive design and ease of use, Precoro can be mastered in minutes. A short learning curve allows companies to benefit from procurement automation shortly after implementation.
Scalable and adjustable
Renewable startups can start with basic functionality and then enable modules as they scale their operations. Precoro is designed to be a long-term partner, not a temporary solution.
Quickest time to value
Get Precoro up and running in 2 to 8 weeks. Boost operational efficiency and achieve cost savings within the first few months of usage, and let Precoro bring value to your company.
See how Precoro fits into your team's workflows
A personalized demo, built around your team’s challenges, led by experts who understand what matters.
