Procurement software that shows what’s committed before the invoice arrives

Precoro helps make the request process smooth and compliant from the very beginning. With easy-to-use templates and drop-down menus, employees can create requests in under two minutes.

• Submit any type of request and track its status in real time.
• Set up approved item and supplier catalogues to ensure compliance.
• Customise document forms and fields to match your company’s workflows.
• Keep a full digital audit trail of every request, approval, and change, ready for internal and external audits.

Precoro helps businesses ensure that every request gets the green light from the right people. Our flexible workflow builder can match your team’s unique approval rules.

• Build approval workflows based on criteria like cost centres, departments, or budget limits.
• Set up sequential or parallel approval steps (however many you need).
• Get instant notifications by email or Slack when documents require your approval.
• Approve requests anytime, anywhere with Precoro’s mobile app.

Stay in control of every pound. Monitor budgets in real time to forecast accurately and prevent overspending.

• Set up budgets for various departments, locations, and projects, and monitor them in real time with progress bars and pie charts.
• See your remaining budget when creating or approving purchase orders and expense claims.
• Get instant alerts if a request goes over budget or set up automatic rejection for overspending. 

Expense management feels easy with Precoro. UK teams can track purchases and reimbursements in one system.

• Take or upload a photo of a receipt in the mobile app and let AI fill out the expense details for you.
• Clear bottlenecks and keep reimbursements moving smoothly.
• Approve multiple expenses at once to save time.
• Trust your month-end reports with all expenses stored and tracked in one place.

Precoro automates accounts payable to speed up invoice management. Make sure only approved and compliant invoices move forward for payment.

• Receive supplier invoices in Precoro’s AP inbox and let our AI-powered OCR capture the details and create ready-made invoices for you.
• Get instant alerts about duplicate invoices before they are paid.
• Catch fraudulent invoices with built-in 2- or 3-way matching.
• Apply the right VAT rates to purchase orders and invoices.
• Integrate with Xero, Sage 50 UK, NetSuite, Sage Intacct, Microsoft Dynamics 365 Business Central, or QuickBooks to sync documents and payments. 

You don’t need separate supplier management software. Precoro helps you choose new suppliers and manage existing ones.

• Run the request for proposal process to pick the best offers, then invite suppliers to the Supplier Portal for smoother collaboration.
• Onboard new suppliers with customisable registration forms and keep all their info neatly organised.
• Create or upload supplier catalogues with approved products to make buying faster and compliant.
• Store contracts and get automatic reminders before they expire, so you never miss a renewal.

Link procurement and inventory for full visibility. Match inventory records with POs and invoices to avoid overstocking.

• Track stock in real time with up-to-date balance info.
• Create warehouse requests and move items between locations as needed.
• Quickly turn warehouse requests into purchase requests.
• Set low-stock alerts to stay ahead of potential shortages.

Our custom report builder lets you gain a clear picture of all your purchasing and spending data. As a result, you can make more informed decisions and plan with confidence.

• Quickly access historical data on POs, invoices, receipts, expenses, payments, supplier agreements, and more.
• Use preset reports or create custom ones with over 150 data points.
• Schedule reports to be automatically sent to Google Sheets or Power BI at your convenience.
• Ask the AI assistant for insights, trends, and opportunities across your procurement data.