Scale AP Output with Precoro’s Intelligent AP Automation

Precoro’s document capture just reached a new level of precision, even though the bar was already high. Our AI-powered OCR has already delivered a 96% accuracy rate across the board, which earned trust from thousands of customers across industries.

But the volume of documents you’re processing doesn’t stay still, and neither does the number of tools. According to Hackett’s 2026 Procurement Agenda and Key Issues Study, procurement workload was projected to increase by 8% in 2026, while departmental headcount was expected to decrease by 0.9%. Essentially, fewer employees now have to process more documents across several systems. 

That’s why Precoro is taking a step further down the AI path with Intelligent AP Automation—an AI-powered capability that helps teams handle growing AP volume without the administrative burden. It handles invoice and credit note capture, recognition, and extraction for your team, all in one place. 

Precoro’s OCR has already helped teams capture document data with high accuracy in their P2P workflows. Intelligent AP Automation builds on that foundation with even more precise AI capabilities, so Precoro can interpret invoice and credit note data across unique formats and layouts. 

Keep reading to find out how Intelligent AP Automation can help your team handle more purchasing documents and focus on strategic tasks.

Inside Precoro’s Intelligent AP Automation

Manual invoice processing is no longer in your team’s job description. Precoro’s Intelligent AP Automation recognizes invoice and credit note data, matches them to the right purchase order or invoice items, and creates these documents automatically in the AP Inbox. Every manual step between the invoice submission and final approval is handled by AI. 

Built for teams that can’t afford errors or delays, Intelligent AP Automation handles Invoice Processing and Credit Note Processing with AI-powered capture from the moment the document arrives.

Invoice Processing captures invoice data and drops a ready-to-review invoice straight into your AP inbox.

Credit Note Processing extracts credit note information and creates a draft linked to the original invoice details. Your team can validate returns, overpayments, and invoice adjustments faster without rebuilding the document manually.

See how Intelligent AP Automation works in action.

1. Receive an invoice in the AP inbox

Intelligent AP Automation is built for every vendor you work with. When a supplier sends an invoice to your designated email address, instead of getting buried in an email thread, it lands directly in the AP Inbox, your central hub for AP processing.

2. Filter irrelevant documents

Suppliers may also send documents other than invoices or credit notes, such as delivery notes or bank statements. To prevent this, Precoro’s AI identifies the document type before processing begins, so irrelevant files don’t move forward. Your inbox stays clean, and you’re not paying for capturing the wrong files.

3. Let AI scan the document

Precoro then enables Invoice Processing to scan the document, recognize its structure, and extract the required data. Intelligent AP Automation goes further than traditional OCR here. Non-typical formats, like multi-page documents or lengthy tables, could trip up OCR, no matter how accurate it is. AI-powered Invoice Processing and Credit Note Processing, on the other hand, treats each document layout natively and captures every detail regardless of format.

Noticed something off in a scanned file? You can report the issue to our team straight from the document. We’ll use your feedback to fine-tune the AI recognition of future files for your company. 

4. Apply a credit note to the invoice

Intelligent AP Automation handles the credit notes the supplier sends you for returns or damaged goods to offset the original invoice. AI scans the document and automatically matches the credit note items to the invoice items. If something doesn’t align, your team can easily adjust it before submission. Guardrails are also in place: all items should match, and the credit note can’t exceed the invoice total.

5. AI matches the invoice to the PO

Precoro’s Matching Agent understands context cues on a deeper level. Minor discrepancies in descriptions or item names are not a problem—the agent maps each detail back to the corresponding PO. If no match is found, the system flags it for your review, rather than forcing it through. For credit notes, Precoro matches credit note items to the related invoice items.

6. Your document is ready

The document lands in front of you without any manual intervention. Intelligent AP Automation fully parses and maps the file, creates a clean, finalized invoice, and then instantly routes it to the right stakeholder through your existing approval workflows. 

How Intelligent AP Automation changes the way your team works

Every role will notice the difference in their part of the AP workflow. Here are the tangible changes your team will notice with Intelligent AP Automation.

Scalable purchasing without growing overhead for procurement and AP teams

The more you purchase, the more your company spends on document processing. That’s no longer the case with Intelligent AP Automation. Procurement and AP teams can finally handle more documents without dedicating extra time to each one. AI recognizes the context and structure, no matter how complex each document is. Your purchasing scales, while processing costs don’t.

Accurate spend tracking at any volume for finance controllers

Manual entry puts spend accuracy at risk every time a document changes hands—a missed line item here, a skewed format there. By the time the error reaches your books, money is already lost. Precoro's Intelligent AP Automation extracts and structures invoice and credit note data consistently across every document format, so only accurate figures enter your AP workflows. 

End-to-end procurement control for operations leaders

Business and operations leaders need a clear line of sight across every purchase, from the first supplier quote to the final payment. This is nearly impossible to achieve when your data is scattered across multiple tools. Precoro's Intelligent AP Automation keeps every invoice and credit note aligned to connected POs and purchasing activity through a single platform.

What’s next on Precoro’s agenda?

Precoro is an agentic procurement and spend centralization platform that helps businesses control purchasing and AP workflows end-to-end. Trusted by more than 1,000 companies, Precoro works alongside your ERP to create a complete P2P loop.

Security is our top priority. Your financial data is stored in a SOC 2 Type II and ISO 27001-certified system, and every AI capability complies with GDPR, UK GDPR, CCPA, and HIPAA. As your procurement scales, all access and data handling stay tightly governed under your control.

We are pushing our AI capabilities further to take more of the manual work off your plate: the AI agent for PO scanning is in development, while the Contract Agent is already available. Take a look at the product roadmap, upvote ideas that resonate with you, and submit your own requests. 

New to Precoro? Book a demo to see how AI-powered Intelligent AP Automation helps you handle more documents with less manual work.