Control purchases, conserve funds
Automate your procurement process and save from 10% on everyday expenses. Facilitate requests, streamline approvals, manage inventory, vendors, and more.
Trusted by 1000+ companies worldwide
experience enhanced visibility into all procurement operations
hours saved on manual PO management every year
users feel their data is secure with Precoro
Everything you need to make value from procurement
No more spreadsheets, paperwork, or human errors. It’s smooth sailing from here on out.
Stay ahead of demand
Ensure your team has what they need, precisely when they need it, without any operational delays. Analyze demand through reporting to accurately predict order volumes and spending.
Identify cost-saving opportunities
Get complete spending visibility and find ways to save money — consolidate purchases, acquire early payment discounts, and see which budget can be trimmed.
Choose and manage suppliers efficiently
Manage all suppliers, contracts, and item catalogs in one place. Harness visibility into spending per supplier to negotiate better deals with vendors.
Avoid procurement risks
Promote compliance with procurement policies and regulations. Use 2- or 3-way matching to detect fraud, receive contract renewal reminders, and automatically reject over-budget requests.
Adjust and customize your workflow
Tailor the system to your purchasing approach, industry, and business size. Set up criteria-based approval workflows, modify user roles, change document fields, and even adjust entire modules or integrations at your discretion.
Establish smooth collaboration with stakeholders
Communicate with various stakeholders, including suppliers, internal departments, and senior management. Benefit from stored notes and comments to prevent miscommunication or data loss.
Recognized by industry leaders
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.
Approve 2.5x faster
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.
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Approvals by locations, departments, projects, custom fields.
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PO revision, rejection, and resubmission for re-approval.
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Revision history for compliant audit.
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Thresholds and policies for a precise routing.
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Mobile on-the-go approvals.
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.
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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.
Accounts payable automation
Transform your invoice processing to eliminate duplicate payments, fraud, and discrepancies. Easily reconcile financial records without wasting time compiling invoices from different sources or procurement-related data from multiple spreadsheets.
Go to product overview
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Accelerate your invoice processing with OCR and receive automatically pre-filled invoices.
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Ensure there are no discrepancies between the ordered and received goods using 2- and 3-way matching.
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Simplify invoice submission and streamline communication between suppliers and the finance team with our Supplier Portal.
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Take advantage of accounting and procurement tool integrations to eliminate manual data transfers and avoid human errors that can lead to payment inaccuracies.
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
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.
Quick 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.
