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.
6 min read
Product Update, November 22
November might’ve seemed cold and gray, but at Precoro it’s been filled with creative energy.
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.
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.
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.
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.
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.
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.