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.
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.
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.
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.
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.
4 min read
Product Update, May 2023
In May, Precoro made improvements to user revision history, design, NetSuite supplier mapping, and more.
3 min read
Direct Precoro Integration with Xero: Sync Procurement and Accounting
We are delighted to announce our new two-way integration with Xero! Enjoy even more enhanced purchasing operations with direct sync between procurement and accounting departments.
12 min read
Month-End Close Tips and Checklist: For Newbies to Experienced Closers
Would you say that your company did better last month than the one before? Do you have a plan for improving next month? To understand if they’re making progress with long-term goals, finance teams undergo regular month-end closes.
