Precoro drives value for oil’s supply chains
From capital equipment purchase orders to field service agreements, Precoro centralizes oil and gas procurement, spend control, and supplier performance. No maverick spend or duplicate invoices—just all your oil projects are nimble, transparent, and on budget.
One site pays more, another gets the wrong part, and the delays ripple through the whole project. Precoro ends that cycle. Give your staff a simple, unified oil procurement process to buy the right parts at the best price without slowing shipments.
Consolidate requests from multiple sites into a single blanket PO, enforce consistent specs, and unlock bulk discounts. It’s a smarter way to maintain steady and efficient oil and gas procurement.
Delays in oil and gas procurement often stem from paperwork, mismatched specifications, and lengthy approvals. Precoro keeps it simple: re-approved supplier catalogs so every order is compliant from the beginning.
Drop-down templates capture all critical details—specs, quantities, project or site codes—without mistakes. Crews receive parts on time, and supplies never stall.
The oil supply chain runs on complex contracts, strict regulations, and detailed internal policies—and oversights can be costly.
Precoro keeps processes airtight with policy-based approvals, tracked invoices and receipts, and a full, accessible audit trail for every purchase and expense reimbursement. Audits move faster, and finance gets numbers it can rely on.
Your finance and project teams shouldn’t have to wait until month-end to know where the money went. With Precoro, budgets update automatically as requests, POs, and invoices move through the system.
Across the oil supply chain, you see planned vs. actual spend in real time, catch deviations early, and correct course before costs spiral. From exploration and drilling to pipeline projects and refinery maintenance, your teams always know where money is going and how it impacts timelines.
For service providers to the oil and gas industry, procurement can feel scattered when every site runs its own unique playbook.
Centralize all oil procurement in a single system, and keep setting local budgets, approval rules, and reporting for each location. You still give local teams the freedom to operate, but leadership has the oversight to cut waste and keep projects aligned.
Nobody in oil procurement has time for approval ping-pong over email. Precoro puts everything in one flow, adding budget checks and automatic warnings where you need them. With the use of AI in procurement for oil companies, decisions are made faster, risks are identified earlier, and projects stay on track.
BUILT ON QUALITY, EARNED IN TRUST
Find out why oil & energy procurement teams rely on Precoro every day
AQQ
IT Manager
Oil & Energy
I really love the Precoro soft. I enjoyed using this software that is helping us to control and manage the company expenses, orders, vendors, etc.
FJC
CFO
Mid-Market (51-1000 emp.)
It has a friendly user interface. Lately, there have been updates that improve the overall experience. The whole [oil and gas procurement] process can be easily tracked with Precoro. Good customer service.
KG
Company Accountant
Oil & Energy
A very positive experience, as the Precoro staff are both professional and friendly. They guide you and provide the necessary training. It's easy to use, and data can be easily imported into the system.
DS
Head of FP&A
Mid-Market (51-1000 emp.)
Easy to implement, easy to administrate, friendly and self-intuitive tool, meets most of the requirements of our company.
AB
Construction manager
Oil & Energy
Before your system, we used the paperwork in the office, but now we are happy to have a complete and sound system to manage our budget and our procurement. We now have a fast financial process.
AQQ
IT Manager
Oil & Energy
I really love the Precoro soft. I enjoyed using this software that is helping us to control and manage the company expenses, orders, vendors, etc.
FJC
CFO
Mid-Market (51-1000 emp.)
It has a friendly user interface. Lately, there have been updates that improve the overall experience. The whole [oil and gas procurement] process can be easily tracked with Precoro. Good customer service.
KG
Company Accountant
Oil & Energy
A very positive experience, as the Precoro staff are both professional and friendly. They guide you and provide the necessary training. It's easy to use, and data can be easily imported into the system.
DS
Head of FP&A
Mid-Market (51-1000 emp.)
Easy to implement, easy to administrate, friendly and self-intuitive tool, meets most of the requirements of our company.
AB
Construction manager
Oil & Energy
Before your system, we used the paperwork in the office, but now we are happy to have a complete and sound system to manage our budget and our procurement. We now have a fast financial process.
Award-winning performance you can trust
SEAMLESS DATA SYNC
Oil procurement software that fits your tech stack
Keep drilling, refining, and supply operations running smoothly with Precoro’s integrations. Don’t jump between tools. Precoro connects it all: NetSuite, QuickBooks, Xero, or Sage Intacct to sync every PO, invoice, and budget line. Shop through PunchOut catalogs from trusted oilfield suppliers and send carts straight into Precoro for approval and PO creation—no manual entry, no errors, full traceability.
Need something custom?
Use our API or let Precoro build a tailored integration for you.
REAL VALUE
Here’s why Precoro is a safe choice for oil procurement
Precoro brings transparency to every buy with real-time analytics on spend, supplier performance, and delivery SLAs you can track and improve. See real results, beyond features.
Security you can trust
Keep bids, pricing, and supplier records secure with Precoro’s enterprise-level protection. We meet GDPR and CCPA requirements and maintain SOC 2 Type II certification. Add SSO and 2FA to enforce tight access control across headquarters, plants, and field operations.
Built around your oil procurement workflows
No need to change what already works. Configure approvals, budgets, and documents in Precoro to mirror how you buy for wells, rigs, refineries, or pipeline work. Service providers to the oil and gas industry have proven that Precoro scales across departments and locations, ensuring that engineering, maintenance, and finance stay aligned without the need for a brand-new system.
Up and running fast
Go live in weeks, not quarters. Most oil & gas teams stand up Precoro in 2–8 weeks, even with multi-site structures. No developer lift is needed—straightforward modules and a guided setup let engineers, buyers, and finance teams adopt it quickly.
Power up your ERP for oil & gas
You don’t have to rip and replace your ERP to control spend. Precoro connects to the systems you already use, so buyers and finance stop re-keying invoices and fixing spreadsheet errors. Your ERP continues to handle core accounting, while Precoro manages day-to-day oil and gas procurement—encompassing requests, approvals, suppliers, and budgets—across rigs, pipelines, and plants in a single, clear system.
Procurement on the go
Whether you’re at a well pad, refinery, or on a pipeline crew, Precoro keeps oil trade procurement moving. Review and approve purchase requests, POs, and invoices from your phone, track deliveries and service confirmations in real time, and attach receipt photos on the spot—so field teams and finance stay in sync without waiting to get back to a desk.
FAQ
What you need to know about oil procurement
HERE’S MORE
Learn more about smarter procurement for the oil industry with Precoro
See how Precoro delivers: robust features, unique advantages, and business results across SMBs and enterprises.
Spend Management
Implement the best spend management software to ensure 100% spend control and achieve up to 5% of yearly budget savings.
Procure-to-Pay Automation
Adopt procure-to-pay software and simplify your workday—because you can’t manage everything in spreadsheets forever.
Accounts Payable Automation
Optimize your accounts payable operations by automating manual processes with Precoro. Simplify document processing and focus on strategic tasks.
Supplier Relationship Management
Simplify and strengthen your supplier management. Onboard and evaluate suppliers with ease and provide them with a convenient tool for cooperation.
Vendor Management
Build stronger relationships with vendors and get better deals. See how Precoro helps you onboard vendors, track performance, and stay in sync.
Purchase Requisition Management
Use straightforward purchase requisition software with easy-to-follow templates and customizable approval workflows.
Mobile Procurement
Speed up procurement processes with the Precoro mobile app. Easily monitor spending, approve orders, and collaborate with your team on the go.
Intake Management
Transform your requesting and buying processes with seamless, effortless intake management.
Three-Way Matching and OCR
Check out how our 3-way match software uses Google's custom data extractor to process invoices and match them to POs and receipts.
Invoice Approval Process
Approve invoices 3.5x faster with Precoro. Enjoy full visibility into documents and pay only for verified bills.
AI in Procurement
Simplify your AP workload and achieve flawless document accuracy with our AI procurement software.
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See how Precoro fits into your team's workflows
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