precoro product update august 2023

8 min read

Product Update, August 2023

Elevate workflows with Precoro's latest features: introducing the substitute user role, new info cards for overdue orders, improved integrations, and more.

Tetiana Katrych
Tetiana Katrych
Product Updates
cash conversion cycle

10 min read

Five Foolproof Ways to Shorten the Cash Conversion Cycle

How do companies improve their cash flow and liquidity? By shortening the cash conversion cycle! There are five main tips you should know.

Marta Holyk
Marta Holyk
Procurement Basics
cost savings

26 min read

The Definitive Guide to Cost Savings

The COVID-19 pandemic and then the full-scale Russian invasion of Ukraine have proved that, at any moment, seemingly perfect plans and financial projections can suddenly become unrealistic.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
case study of a biotech startup remilk

10 min read

How Remilk, a Biotech Startup, Achieved Full Budget Control from Day 1

Remilk was a brand new company without a structured procurement process in place. By implementing software as soon as they started scaling, they automated their workflows and ensured full control of spending. Read more about their journey with procurement software below.

Marharyta Golobrodska
Marharyta Golobrodska
Case Studies
top 5 skills procurement manager needs

9 min read

The Top 5 Skills Every Procurement Manager Needs

Explore the most important skills for procurement managers. Plus, read about common challenges for a purchasing manager and how to solve them.

Marta Holyk
Marta Holyk
Procurement Basics
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