Precoro Procurement Blog

14 min read
Invoice Fraud: What It Is, Ways to Spot It, and Steps to Stop It
Learn about invoice fraud, identify its red flags, and prevent costly scams with our guide.

3 min read
Simplify Scientific Supplies Procurement with Precoro & Thermo Fisher Scientific PunchOut
Discover how Precoro's new PunchOut integration with Thermo Fisher Scientific simplifies lab supplies purchasing. Seamlessly transfer your Thermo Fisher Scientific orders into Precoro's PRs or POs for faster and more compliant orders.

9 min read
How to Create a Xero Chart of Accounts: Setup, Types, and Tips
Learn how to set up and customize your Xero chart of accounts. Find out how to track your assets with a simple walkthrough.

11 min read
Sales Order vs. Purchase Order: A Beginner's Guide
Think back to the last time your business hit a procurement roadblock. Perhaps it was a mixed-up purchase order or an inaccurate sales order—pricey yet worthwhile lessons. In this guide, we walk you through basic procurement concepts (e.g., what a sales order is vs. a purchase order and

17 min read
Cost Control: A Key to Sustainable Budgeting
Explore the importance of cost control in your business. Learn practical strategies to manage your expenses and invest in lasting growth.

19 min read
Procurement Cost Reduction: How to Cut Costs Without Cutting Corners
Succeed in procurement cost reduction and don’t sacrifice the quality of your products or services. Discover strategies that actually work.

14 min read
What is an RFI? Templates and Tips on How to Write Effective RFIs
Learn the meaning of an RFI with easy-to-follow examples, templates, and use cases. Get pro tips to write impactful RFIs for smarter bid decisions.

3 min read
Precoro & McMaster-Carr PunchOut for Effortless Industrial Purchasing
Discover how Precoro & McMaster-Carr PunchOut integration simplifies procurement with automatic data transfer, fast approvals, and full spend visibility—ensuring a smooth and controlled purchasing process.