accounts payable and accounts receivable

13 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
precoro product update novemeber 2022

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
erp implementation

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
three way matching

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
precoro and power bi integration

3 min read

Precoro and Power BI integration: Analyze all company indicators in one place

Precoro integration with Power BI completely transforms your data analysis experience. Transfer procurement data directly from Precoro to your Power BI account in a matter of minutes and receive real-time reports whenever you want. Check out the benefits and learn how the integration works below.

Liudmyla Savina
Liudmyla Savina
News
precoro product update october 2022

5 min read

Product Update, October 2022

Boo! We made some surprises for you this spooky season. Don't worry – they're anything but scary: a search function for documents, low-stock email notification, automated report scheduling, and much more.

Tetiana Katrych
Tetiana Katrych
Product Updates
direct and indirect procurement

8 min read

Direct vs. Indirect Procurement: Key Differences Explained

Learn key differences between direct and indirect spend, how their strategies differ, and procurement best practices.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
early payment discount

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.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics