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.
9 min read
Everything You Need to Know About the Early Payment Discount
For every $1 billion spent on POs, there are about 3 million dollars in early payment discounts left unclaimed. Read on to discover how to qualify for and negotiate a discount.
9 min read
Why a Procurement Management Tool is a Must for Efficient Purchasing
Procurement managers aim to deliver results while optimizing expenses.
7 min read
Product Update, September 2022
While autumn has arrived and nature is slowing down for the cold season, here at Precoro we’re as productive as ever, excited to share our product team’s work with you.
15 min read
Procurement Analysis: a Game Changer for Purchasing Strategically
About every second Chief procurement officer – 49% of CPOs, according to Deloitte – invests in developing digital analytics skills. Read about why analytics is so important and how it can benefit your business.
7 min read
How Serial 1 Built an Efficient Procurement Ecosystem with Precoro
Discover how the e-bike company automated procurement processes, synchronized them with the accounting department, and improved communication with suppliers.
4 min read
Product Update, August 2022
Precoro team works hard to listen to the customers and follow up on their needs. This month we’ve focused on bringing more features for even smoother day-to-day work: commenting in Slack, easier Documents and Users editing, new fields in Custom Report, GMT in Time Zones, and others. Comment, Reply
3 min read
What is a Sales Receipt in QuickBooks Online
QBO is an online tool for automating accounting processes. It’s mostly used by small and middle businesses, allowing them to control company spending better.