What Is Spend Management and Why Is It Important?

14 min read

What Is Spend Management and Why Is It Important?

To earn money, a business needs to spend money first. Raw materials, maintenance services, and qualified employees are just a few on the long list of typical company expenditures.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
Product Update, December 2022

6 min read

Product Update, December 2022

Precoro rolls out end-of-year updates to Revision History audit, automatic Delivery Date filling, new filtering, and customization options.

Tetiana Katrych
Tetiana Katrych
Product Updates
The Ins and Outs of PunchOut Catalogs: How Do They Work and Why Use Them?

6 min read

The Ins and Outs of PunchOut Catalogs: How Do They Work and Why Use Them?

Learn everything about PunchOut catalogs: Definition, benefits, how they differ from hosted catalogs, and whether there is a better alternative.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
Precoro journey in 2022: Product updates, you shouldn't miss

3 min read

Precoro journey in 2022: Product updates, you shouldn't miss

In this magical pre-Christmas season, we want to reflect on the best Precoro upgrades of 2022. Scroll down to make sure you have caught everything.

Mila Savina
Mila Savina
Product Updates
Accounts Payable and Receivable – Two Sides of One Coin

12 min read

Accounts Payable and Receivable – Two Sides of One Coin

Every business starts with spending and ends with earning. But is it always about the actual cash? Accounts payable and accounts receivable become part of the cash flow before any actual money reaches bank accounts. Let's see how.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
Product Update, November 22

6 min read

Product Update, November 22

November might’ve seemed cold and gray, but at Precoro it’s been filled with creative energy.

Marharyta Golobrodska
Marharyta Golobrodska
Product Updates
Best Practices for ERP Implementation: 8 Tips for a Successful Rollout

9 min read

Best Practices for ERP Implementation: 8 Tips for a Successful Rollout

Discover the most important steps of ERP implementation, how to select a project team, prepare for data migration, evaluate project success, pitfalls to avoid, and more.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
Why Implementing 3-Way Matching is Important

11 min read

Why Implementing 3-Way Matching is Important

58% of AFP Payments Fraud and Control Survey respondents report that email scams have at some point targeted their accounts payable departments. What can businesses do to protect themselves from paying money for fraudulent invoices? They can introduce three-way matching to the purchasing flow.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics