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Trusted by finance and procurement teams worldwide
850+ ratings across the web
A supplier record without purchasing context only tells you half the story
Knowing a supplier’s name, contacts, and tax information is useful. But Procurement also needs to know whether the supplier is approved, which agreements apply, what teams buy from them, and how much business the company actually does with them.
Precoro connects supplier information with the procurement activity behind it.
Know who teams are allowed to buy from
When anyone can add a vendor, the company ends up with duplicate records, unchecked suppliers, and payments to outdated bank details. Supplier requests and approval workflows control new vendors before they reach everyday purchasing.
Know what terms should apply
If contracts live in a shared drive, buyers order at list price while a negotiated rate sits unused. Supplier contracts stay connected to purchasing activity, so the agreed terms are visible when the order is placed.
Know what the relationship is worth
Spend split across entities hides how much you really buy from each supplier. See supplier spend across the organization to spot fragmented demand and negotiate with the full picture.
CUSTOMER STORIES
Curious about the results other companies have achieved with Precoro?
100% visibility into purchase requests and orders
"Now we can easily track suppliers' performance and reach better buying decisions."
Martin Mburu, Head of Technology
30 seconds to complete a full three-way match
“When I need to pay the invoice and check whether the items were received, I can literally do it within 30 seconds [with the supplier management solution], compared to previously, when it would take hours.”
Caroline Hickey, Business Associate
12 locations with full spend control
— Barend Liebenberg, Procurement Manager at Bolloré
100% global control over spending
“It [Precoro] has given everyone peace of mind that one trusted system [among spend management applications] will handle the procurement workflow with good audit capabilities.”
– Jacques du Toit, Business Systems Manager
$100K saved yearly on NetSuite licenses
— Bryan Krauter, Accounting Director at Riverstone Logistics
Let every supplier interaction improve the next decision.
Let employees request a new supplier when that vendor is needed for a purchase instead of starting a separate offline process.
Route the supplier through the appropriate internal approval process before teams can freely use them in purchasing documents.
Store supplier agreements and keep amounts, validity periods, renewal information, and related purchasing documents connected.
Connect purchase orders, RFP activity, catalogs, and actual company demand to the supplier.
Use Supplier Portal for orders, invoices, RFP responses, documents, profile information, and supplier communication.
Use supplier spend, contracts, transactions, and AI Assistant supplier analysis to decide where to consolidate purchasing, renegotiate terms, or review a relationship.
Know what every purchase order actually saved
Precoro compares the price on each PO line with its baseline price, such as your catalog price, a negotiated rate, or a standard cost. The difference is recorded as savings or overspend. The Savings dashboard adds it up by month and by supplier, so Finance reports confirmed savings, not estimates.
Savings and overspend on every line
Calculated automatically as (baseline price − price) × quantity.
Baselines from your catalog
Catalog items get a baseline price automatically; add it manually for anything else.
Savings Rate and top suppliers
See savings as a share of expected spend, and which suppliers drive it.
Baseline Price Coverage
See what share of ordered items has a baseline, so you know how complete the picture is.
DATA FLOWS
Works on top of your ERP
Your ERP remains the system of record. Supplier records, orders, and invoices sync with NetSuite, Sage Intacct, Microsoft Dynamics 365 Business Central, QuickBooks Online, and Xero, so vendors and bills are not entered twice. Punch-outs connect top e-tailers, and open APIs cover everything else.
Need something custom?
Use our API or let Precoro build a tailored integration for you.
Recognized for end-to-end procure-to-pay excellence
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.
