Precoro Procurement Blog

invoice fraud defintion

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.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
thermo fisher scientific

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.

Kateryna Bubliienko
Kateryna Bubliienko
News
how to create a xero chart of accounts

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.

Svitlana Mysak
Svitlana Mysak
Integration Tips
sales order vs purchase order what the difference

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

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
cost control

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.

Svitlana Mysak
Svitlana Mysak
Procurement Basics
cost reduction in procurement

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.

Marta Holyk
Marta Holyk
Procurement Basics
rfi definition

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.

Anastasiia Svyr
Anastasiia Svyr
Procurement Basics
precoro & mcmaster-carr punchout

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.

Kateryna Bubliienko
Kateryna Bubliienko
News