The ideal choice for your procurement challenges

Precoro is a great fit for companies with up to 1000 employees seeking to shift away from manual spreadsheet-based processes. Implement the flexible procure-to-pay software at a reasonable cost and easily scale it as operations grow.

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Zip vs Precoro
Precoro vs. Zip Intake-to-Procure

Complete procurement software vs. Intake-to-procure solution

Precoro is a well-established procure-to-pay software that offers everything small and midsize companies need to make purchases and manage spending. Zip is a fresh intake-to-procure system that simplifies the request process, mainly catering to enterprises. See which solution best suits your company.

Precoro logo
Zip Intake-to-Procure

Successfully serves 45+ industries.

Places special emphasis on the technology sector.

Works best for companies with <1,000 employees.

Well-suited for companies with 1,000-50,000 employees.

Ideal for small and midsize businesses looking to manage purchases, expenses, budgets, and suppliers in one system.

Tailored to simplify the request process for large organizations that utilize ERP systems.

Provides efficient support in all time zones and serves clients in the US, Canada, Latin America, Europe, and Asia.

Primarily designed for companies in the USA and Canada.

Supports four languages: English English language, Spanish Spanish language, French French language, and German German language.

Supports English English language.

Proven solution since 2015.

Established in 2020.

Achieve procurement efficiency

A procure-to-pay system that has it all

Precoro is a comprehensive software that can cover your entire purchasing process and make spend management easy. Requesters, approvers, and budget holders can make decisions with the help of complete visibility into procure-to-pay operations.

Requests
Approvals
Custom Forms
AP Automation
Supplier Management
Budgeting & Spend Control
Inventory

Requests

Use Precoro to create and send requests for approvals. Harness easy-to-use templates with custom fields and dynamic forms to create different types of requests as needed. Moreover, the system enables tracking of documents by status and shows revision history. Notifications can also be set up so that everyone stays in the loop. The following types of requests are available within Precoro:

  • Purchase requisitions
  • Requests for proposals
  • Warehouse requests
  • Invoice payment requests
  • Reimbursement requests
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Requests

Approvals

Enjoy complete approval workflow orchestration. Teams can build parallel, sequential, or custom approval processes to ensure that all purchases and expenses get the green light from key decision-makers. Forget about approval bottlenecks; the system will notify each next approver in line that there’s a document waiting for their decision. With Precoro, you can create unique approval workflows for the following:

  • Warehouse requests
  • Purchase requisitions
  • Purchase orders
  • Invoices
  • Receipts
  • Expenses
  • Suppliers
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Approvals

Custom Forms

Use dynamic forms to customize procurement documents according to your company’s specific requirements. Add unique document fields necessary for requesting a service, product, or subscription, and create different scenarios so that the fields appear based on how previous fields were filled out. Precoro offers dynamic forms for the following documents:

  • Purchase requisitions
  • Purchase orders
  • Invoices
  • Expenses
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Custom Forms

AP Automation

Streamline invoice management with Precoro’s robust AP automation features. Receive invoices directly in the system or upload them and let the OCR technology extract the necessary data and generate pre-filled invoices. Send them for internal approvals before making payments and quickly filter out duplicated or fraudulent invoices with 2- and 3-way matching.

  • Store, verify, and approve invoices in one system
  • Compare POs, invoices, and receipts in just a couple of clicks
  • Check each invoice status
  • Enjoy data sync with your accounting software
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AP Automation

Supplier Management

Onboarding new suppliers will be a breeze with customizable registration forms and adjustable supplier approval workflows. When initiating a purchase, create requests for proposals and conveniently send them to potential suppliers to compare their offers – all from within the system. Additionally, Precoro offers a supplier portal that will enable your preferred vendors to attach documents, receive POs, submit invoices, and monitor payment statuses.

  • Store supplier data and agreements
  • Get notifications on expiring contracts
  • Set specific payment terms
  • Quickly request new purchases using item catalogs
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Supplier Management

Budgeting & Spend Control

Take charge of spending company-wide! Create budgets for projects, departments, and locations. Precoro also provides custom budget reports and a user-friendly dashboard with progress bars and pie charts. Analyze expenses and identify cost-saving opportunities with ease.

  • Set up budget periods and budget caps to avoid overspending
  • See the available budget while creating and approving purchase orders or expense reimbursements
  • Track budget usage with custom budget reports generated by Precoro
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Budgeting & Spend Control

Inventory

Gain complete visibility over your inventory. Precoro makes it easy for users to monitor stock levels and prevent overstocking or lack of supplies. It’s also possible to create warehouse requests and transfer items between different storage locations.

  • Set up notifications for low stock levels
  • Generate POs from unfulfilled warehouse requests
  • Run inventory reports on stock balances and purchases for a certain period
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Inventory
A perfect addition to your software stack

Harness the power of no-code integrations

Precoro integrates with your favorite business software. Enjoy seamless data exchange with Xero, QuickBooks Online, and NetSuite. Streamline the purchasing process with our direct integrations to Amazon Business Punch-in and eMapp Marketplace. Enhance analytics through Power BI integration. Connect Precoro to your SSO provider and enjoy secure credential management. Additionally, streamline approval processes by managing pending documents directly in your Slack workspace.

Precoro integrations
Seamless communication

Excellent collaboration across the company

Precoro enables better cooperation between departments. Request and approve in just a couple of clicks and receive prompt notifications via Slack and email. Tag your colleagues and discuss purchases and expenses by adding notes and comments when creating documents. Plus, streamline communication with suppliers by adding notes and attachments to your purchase orders.

Excellent collaboration across the company
Complete visibility

Comprehensive data at your fingertips

Precoro helps companies keep reliable records of all procurement documents for audits. Easily look back on everything that’s been ordered – items, their quantity, prices, dates of delivery, and approval steps. Moreover, the system can generate automated reports on purchase orders, invoices, receipts, budgets, expenses, payments, and more. With Precoro’s report generation feature, your team can get the necessary data using 20 filters and 120+ custom fields.

Comprehensive data at your fingertips
Value beyond key features

4 reasons why companies choose Precoro

Impeccable cost-efficiency

Precoro brings value in the first few months of usage. Moreover, clients achieve up to a 7% budget savings by leveraging complete spending visibility and making strategic adjustments to their procurement practices.

Impeccable cost-efficiency

High level of security

Keep all your data secure with SSO and reliable 2-factor authentication. Your security is our priority, and the software is fully GDPR-compliant. Moreover, Precoro passed a SOC-2 audit, ensuring the utmost protection for all your sensitive data.

High level of security

Ease of implementation and use

Onboarding takes only 2-4 weeks. The user-friendly interface makes it a breeze for everyone – even non-techies – to quickly master key functions. Precoro is a tool that’s adopted fast and stays useful for years.

Ease of implementation and use

Reliable regional servers

Precoro provides a dedicated US server for businesses in the USA, Canada, and Latin America, with another server shared by Europe and Asia. This strategic division accelerates software performance across regions and enhances the reliability of data storage.

Reliable regional servers
98% customer satisfaction

Let our clients speak for themselves

1000+ companies worldwide already streamlined their purchasing operations with Precoro. Be our next satisfied customer.

FAQ

All your questions answered

What companies usually choose Zip Intake-to-Procure?

What companies usually choose Precoro?

How can companies choose the right procurement software?

Diving deeper into procure-to-pay and intake-to-pay

If you want to see a breakdown of the key differences between procure-to-pay and intake-to-pay software, read the dedicated article on our procurement blog. Also, check out our free guides on procurement automation and establishing an efficient procure-to-pay process. Optimize your purchasing operations through informed decision-making.

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