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.
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.
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.
Product Update, June 2023
Precoro rolls out hot summer updates to integrations, supplier management, filtering, and document handling. Check out what’s new.
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.
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.
Product Update, May 2023
In May, Precoro made improvements to user revision history, design, NetSuite supplier mapping, and more.
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.
