From Invoices to Expenses: Precoro Introduces Next-Level AI Automation

2 min read

From Invoices to Expenses: Precoro Introduces Next-Level AI Automation

Precoro continues to advance AI technology in procurement. Now, users can simply snap a photo on their phone, have the reimbursement form filled automatically, and submit it for approval without any extra steps.

Tetiana Katrych
Tetiana Katrych

At Precoro, our goal has always been simple: to help teams spend less time on repetitive tasks and more time on the work that actually matters. AI technology has already helped many of our customers, especially AP teams, speed up their workflow using AI invoice processing powered by Google OCR.

Now, we’re expanding those capabilities—this time on mobile.

If you are frequently on the move, part of a remote team, or need to submit expenses quickly without waiting to get back to your desk, this update is for you. Our latest feature lets you create expenses in the mobile app automatically with the help of AI. It’s a faster, easier way to handle everyday tasks on the go.

Read on to learn how you can make the most of this update.

How AI automates expense creation in Precoro

Instead of entering expense details manually, users can now upload a receipt by taking a photo on their phone, selecting an image from their gallery, or uploading a file. Precoro will scan the receipt and automatically fill in key fields within seconds:

  • Issue date
  • Due date
  • Description
  • Amount
  • Currency
  • Expense #

All that remains is to double-check the information, add anything missing, and submit the expense for approval. 

ai expenses in precoro

This is the next step in our commitment to bringing more automation into everyday procurement workflows—only where it actually saves time and doesn’t require human input.

What your team gains from AI-powered expenses

With Precoro’s procurement AI automation, you can spend less time typing in expense details by pulling information directly from your receipts. This makes the process faster and reduces mistakes that happen when entering data by hand.

You can submit expenses right from your phone, so whether you’re at the office, working remotely, or out in the field, you can get your expenses done quickly. When expenses are accurate and complete, managers can approve reimbursements faster, which means you get paid sooner.

By cutting out the busywork, your team can focus on more important tasks that actually need human attention. 

This is just the beginning

If you’re already using AI for invoice processing, this is the perfect time to extend that experience to expenses. And if your team relies on the mobile app to work on the go, this update is built for exactly that kind of workflow.

But we’re not stopping here. The Precoro team is already working on new ways AI can take more manual work off your plate—like automating data entry and helping you get better insights faster. Stay tuned, there’s a big improvement to your workflow coming soon!

New to Precoro?

Precoro is a procurement centralization and automation platform that helps companies manage purchases, approvals, budgets, and vendors in one place, without relying on spreadsheets or email chains. 

Want to see it in action? Book a demo with our experts to learn how we can help your team.

Anna Inbound Sales Representative at Precoro

We'll help ensure 100% compliance with your procurement policy across all departments and locations.

Product UpdatesNews

Tetiana Katrych

Content Writer at Precoro. Uses her subject-matter expertise and passion for writing to create helpful, in-depth, and user-focused content.