Precoro Procurement Blog

3 min read
Automate Office Procurement with Precoro & ODP Business Solutions PunchOut
Try out Precoro & ODP Business Solutions PunchOut and enjoy the automated order-to-approval process.

11 min read
Cost Efficiency: Definition, Examples, and Best Practices
A complete guide to cost efficiency in operations, budgeting, and procurement. Learn definitions, examples, and top methods to cut waste and maximize ROI.

9 min read
What Are Duplicate Invoices, How to Spot & Prevent
Discover what causes duplicate invoices and the best techniques and tools to spot and stop them before they lead to payment issues.

16 min read
AI in Finance: How AI Tools Reshape the CFO’s Role
Discover how AI in finance is reshaping executive roles and what leaders can do to navigate the shift smoothly.

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