precoro product update july 2023

9 min read

Product Update, July 2023

Dive into Precoro's sizzling update: Negative item values, HiBob integration, RFP revision tracking, and more.

Tetiana Katrych
Tetiana Katrych
Product Updates
automated invoice processing

9 min read

Automated Invoice Processing with OCR: How It Works and Why Use It

Discover the fundamentals of automated invoice processing with OCR: how the combo works, what advantages it offers, and solutions for AP challenges.

Tetiana Katrych
Tetiana Katrych
Procurement Basics
open invoice

9 min read

Open Invoice: Everything You Need to Know

As a business owner, an accountant, an employee of the finance department, or even a salesperson negotiating the contracts, you will eventually come across the term “open invoice.” This is true whether you are part of the buying company or the vendor.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
top 5 kpis for purchasing managers

11 min read

Top 5 KPIs for Purchasing Managers

Purchasing manager job responsibilities can vary greatly depending on the company. With some simple metrics, you can assess how well they are managing purchasing processes.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
precoro product update june 2023

12 min read

Product Update, June 2023

Precoro rolls out hot summer updates to integrations, supplier management, filtering, and document handling. Check out what’s new.

Tetiana Katrych
Tetiana Katrych
Product Updates
purchase order vs invoice

12 min read

Purchase Order vs. Invoice: Do You Need Both?

While some companies choose not to create POs for invoices, studies show this approach comes with considerable downsides.

Marta Holyk
Marta Holyk
Procurement Basics
generally accepted accounting principles

13 min read

GAAP for Accounts Payable: What It Is and Why It's Important

What are the Generally Accepted Accounting Principles and how can they increase transparency in the AP process? Explore the importance and fundamental rules of GAAP.

Marta Holyk
Marta Holyk
Procurement Basics
precoro product update may 2023

4 min read

Product Update, May 2023

In May, Precoro made improvements to user revision history, design, NetSuite supplier mapping, and more.

Tetiana Katrych
Tetiana Katrych
Product Updates