Control spend before it happens

AP automation software that delivers value

Say no to inefficient and protracted AP invoicing. Leave manual data entry and human errors in the past. Accounts payable automation lets you delegate time-consuming AP operations to a digital solution and enjoy peace of mind.

Trusted by hundreds of customers to manage over $40B in spend

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average budget savings per year

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faster approval workflow

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pre-approved spending

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of users feel their data is secure with Precoro

Gain visibility, track every dollar spent

Ensure timely month-end closures with real-time updates on budgets and transactions. Set spending limits for projects, locations, and departments so that you never run out of money faster than expected. Receive immediate notifications when a purchase exceeds the budget to prevent overspending.

Automatically extract invoice data

Accelerate invoice processing with AI-powered OCR technology that extracts data, pre-fills invoices, and matches them with POs. Such automation cuts manual entry time, reduces errors, and keeps AP workflows running smoothly.

Approve quickly and waste no time

Streamline request processing for the team leads. Grant them timely access to relevant data for informed decision-making, enable order status tracking prior to payment approval, and take the approval process a step further by receiving notifications through Slack or email. Ensure requests are expedited and approved promptly.

What our customers say
Endorsed by finance leaders: Discover what CFOs are saying about Precoro
Robin D.
Purchasing Agent
Hospital & Health Care
501-1,000 employees
Going from a manual process to an online, streamlined process with Precoro has been quick and smooth. The [procurement] software is very user friendly by providing at-a-glance statistics, a dashboard to reach the different modules without hassle, and makes it easy for even the most non tech savvy person to understand.
Lisa M.
Senior Buyer - Commodity Specialist/Manager
1-50 employees
Precoro has been instrumental in solving several key challenges for us. It provides a robust audit trail, allowing us to track every step of the procurement process and see exactly whose approval is still needed at any given time. Additionally, it offers a seamless solution for managing purchase orders (POs) by automatically drawing down on the total as invoices are received, ensuring accurate tracking and streamlined financial management.
Daniel C.
501-1,000 employees
As our company grows, the PO system allows us to better control expenditure and for everyone involved to see how much is beeing sent. It"s much more intereactive than simply having budget meetings every month!
Daphna Shafran photo
Daphna Shafran
Head of FP&A
Biotechnology
51-200 employees
I worked with many systems, and with Precoro, if you raise something that you would like to change, or you raise an idea, there’s always somebody that listens. Then, suddenly you see in the Precoro newsletter that it was implemented. So you can really feel that there is somebody that really listens to the user and really takes it into the roadmap.
Read full case study
Amanda L.
Accountant
Construction
51-200 employees
We are glad that it [the purchasing software] helps improve our work efficiency. Precoro is easy to start with a good level of control program to use. It eases the process and reduces the time of communication between team members, as everyone can log in to see the current status of our order.
Yoni M.
VP, Cyber Security
IT Infrastructures
501-1,000 employees
We manage several budgets of several business units. The system supports multi regions and multi currency for that context.

Precoro is used by leading companies from all over the world

Case studies

Results that speak louder: Finance leaders worldwide share their success stories

Key results:

  • Automated approvals
  • Real-time budget visibility
  • 100% cost transparency

Precoro is utilized for:

  • Approval workflows
  • 2-way matching
  • Budget tracking

Key results:

  • Transparent tracking of PO statuses
  • Customized approval workflows
  • Easy supplier onboarding and management

Precoro is utilized for:

  • Submitting and approving POs
  • Approving invoices
  • Tracking budgets
  • Generating reports
  • Supplier management
  • Integration with accounting software

Key results:

  • Streamlined approvals
  • Structured and secured procurement documents
  • Insightful reporting

Precoro is utilized for:

  • Creating and tracking purchase orders
  • Approving documents
  • Receiving, storing, and tracking supplier invoices
  • Reporting, including custom reports

Guarantee total compliance and risk management

Avoid compliance risks with Precoro’s built-in controls. Automate approval flows to keep every process in line with your company’s standards, ensure impeccable legal compliance, and position the company to be audit-ready. Keep track of all AP operations to recognize and manage possible disruptions. Enjoy your peace of mind.

Strengthen supplier relationships seamlessly

Send personalized registration forms to potential suppliers. Set up a customizable process for approving new vendors, then store and manage suppliers' catalogs. With Precoro's insights into past purchases, you can negotiate better contracts and achieve up to 5% annual savings on frequently purchased goods and services.

Ensure your data secure

Precoro is designed with a security-first approach in mind. We are compliant with major regulatory frameworks including SOC 2 Type II, GDPR, UK GDPR, CCPA, and HIPAA, ensuring the utmost protection of our customers' data and privacy. Precoro boasts 99.9% uptime, coupled with the option to choose between EU and US servers. This means better access to your data and better compliance with local regulations.

Beyond the great features

Reasons our customers love Precoro and you will too 💙

3x shorter 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.

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

Precoro is an intuitive platform that everyone can adopt in minutes without IT resources or complex training. Digitize your procurement with confidence and achieve 100% spend under management with all stakeholders on board.

Skalable 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.

Built to seamlessly enhance your workflow

Boost every step of the AP process with integration options. Precoro connects to your favorite ERP, accounting, and project management software. Use our direct integrations with QuickBooks, Xero, Sage, and NetSuite. Approve from Slack, order from Amazon Business, or extend connectivity further with our custom API.

All
Purchasing
Collaboration
Security
Analytics
Accounting
ERP
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Fisher Scientific PunchOut

Automate procurement of laboratory equipment, chemicals, and supplies by accessing Fisher Scientific’s full catalog directly from Precoro.

Purchasing
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Grainger PunchOut

Simplify the process of purchasing industrial supplies by shopping directly in Grainger and having all item details automatically imported into Precoro PO or PR.

Purchasing
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Sage Intacct

Simplify accounting with automated sync of invoices, suppliers, payments, and more between Precoro and Sage Intacct.

Accounting
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QuickBooks Desktop

Integrate Precoro with QuickBooks Desktop to sync invoices, payments, GL accounts, and tax codes seamlessly.

Accounting
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QuickBooks Online

Send orders, bills, and vendors from Precoro to QuickBooks Online automatically.

Accounting
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Xero

Sync POs, invoices, and supplier info from Precoro to Xero accounting software.

Accounting

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.

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