2 min read
Indirect vs. Direct Goods and Services: What's the Difference?
Indirect goods and services are those that are not essential to the core product or service of a company. They are often used in the production or delivery of a company's primary offering, but they are not themselves the primary offering.
2 min read
What is High-Level Procure to Pay?
Procure to pay, also known as P2P, is the process of acquiring goods or services and then making payments for those goods or services. The procure to pay process usually consists of four main stages: requisition, purchase order, receipt, and invoice.
2 min read
Precoro Q1'2020 Product Updates
At the beginning of 2020, we launched some new exciting features our customers have been waiting for. See what was new in Precoro in Q1.
3 min read
How Algorythma Eliminated Delays and Unorganized Spend Management
An innovative UAE tech company went paperless in purchasing operations, decreased 30% error rate to zero, improved spend analysis, reporting, and decision-making.
7 min read
How Insect Technology Group Got Global Control Over Spending
The global biotechnological company took its procurement workflow to the next level and enhanced spending transparency across various metrics just in a few months with Precoro.