Transform your procurement experience. Automate. Integrate. Scale.
A fully-customizable platform to make procurement easier for your team. Automate manual purchasing, sync useful data, and improve team collaboration using intuitive tools. Empower your employees to enjoy procurement-related operations with Precoro.
Request
80% less manual data entry
Easily create any request and track its progress in real-time. Precoro gives a voice to employees and peace of mind to approvers.
Purchase requisition
Standardized single-source order requests from scratch or from warehouse requests
Ecommerce experience with item catalog, in-bulk item import, or custom item lines
Ability to approve, revise, edit, repeat, cancel, delete, or manually complete a PR
Tracking of purchase requisitions by statuses and checking revision history
Attachments, notes, and comments with the option to tag colleagues
Request for proposal
Paperless automated price comparison and tracking for equitable supplier choice
Simplified search for the most profitable proposal and PO creation in one go
RFP creation from scratch or from an existing Purchase Requisition
Using RFP for unplanned purchases with no pre-assigned supplier
Auto-sending of invitation emails to suppliers
Warehouse request
Check in-stock availability against new purchase requisitions and purchase orders
Request inventory items from company warehouses or storage rooms
Record pickup, putaway, posting changes, and internal warehouse movements
Generate WRs when stock levels run out to proceed with ordering missing goods
Clear approval and transferring statuses with timely notifications
Invoice payment request
Ability to scan and attach invoices to send them for approval
Customizable approval scenarios for Invoices
Invoices can be submitted for approval without purchase orders
Easy invoice approval routing with GL or Custom Fields sync from accounting/ERP system
Request reimbursement
Requests for corporate expense reimbursement (e.g., work trips and events)
Ability to attach receipts or other documents, to add notes and comments
Track reimbursement status to stay in-the-know
Receive alerts and compensate employees on time
New vendor request
Customizable registration forms for each type of supplier
Ability to request a new vendor during PO, PR, or invoice creation
Instant data transfer from vendor onboarding forms to the Precoro system
Approve
2.5x faster approval workflow
Spend smart by building your own approval process. Customize purchasing workflow with the required number of steps for the most precise routing. Ensure each financial document gets to the right person.
Approval workflow
Approvals by locations, departments, projects, custom fields
Ability to revise, reject, and send for re-approval
Revision history for compliance audit
Thresholds and policies for a precise routing
Mobile on-the-go approvals
Workflow scenario builder
Ability to build trigger-based approvals
Unlimited custom approval criteria
Smart, workflow-based notifications (email, slack)
Document-based approvals
Ability to build separate approval workflows for a PR, PO, Receipt, Invoice, or Expense
Unlimited standalone approval scenarios for each document type
Unlimed custom fields for each document type
Vendor approval
Ensure any new vendors meet your requirements before you do business with them
Customizable approval workflows for new vendors based on supplier categories
Instant notifications about pending vendor requests
Automatic data capture from W9s, SOC2 reports, tax certificates, etc.
Order
38% shorter purchase cycle time
Let Precoro do the work for you with automatic document creation and 3-way matching. Build strong relationships with suppliers and fulfill your employees' requirements in time.
Purchase order
PO creation from scratch or auto-generation from PRs and RFPs
All order data in one place: delivery, full item info, payment, supplier details, etc.
Separate internal attachments for the team and external ones for suppliers
Options to make a PO recurring, blanket, auto-send to the supplier, or revise it post-approval
Real-time order tracking from draft through the approval process and to payment
Invoice
Standalone invoice creation or one-button generation from the PO page
Transparent tracking statuses: draft, pending, paid or partly paid, canceled, rejected
Auto-triggering matching and reapproval processes in case of discrepancies
Ability to reconcile an invoice using a credit note
Convenient links to related documents
Receipt
Option to create receipts manually or generate them from POs with one click
Checking item quantity, units, price, and receiving and invoicing statuses
Comparing receipt data with respective PO and stock balance
Ability to download a receipt as a PDF or an XLS file
Attachments, notes, and comments included
Inventory
Ability to add to, update, and track stock balance
Item selection directly from company stock to eliminate redundant purchases
Minimum stock levels, stock valuation, and inventory consumption features
Ability to transfer items in stock between different storage locations
PO creation from unfulfilled warehouse request
Control
Up to 7% budget savings annually
Improve cash flow transparency and control corporate expenses in real time. Say no to maverick spending and exceeded budget limits.
Suppliers and items
Supplier Database with an unlimited number of records
Suppliers Portal allows vendors to collaborate with buyers directly in the system
Specified payment terms like pre- and post-payment percentage, credit periods, etc.
Unlimited item catalog featuring item bundles, categories, and unit management
Contract repository with expiration notifications
Budgets
Real-time budget tracking boasting a dashboard with progress bars and pie charts
Budgeting for projects, locations, departments, custom fields, and custom periods
Setting budget limits, calculation of total, available, reserved, and used amounts
Insightful budget analytics used in financial reports, audits, and planning
Bulk budget import and management
Reports
Three report types: visual charts, standard XLSX reports, and custom ones
Custom report builder with 150+ data points for data-driven decisions
Separate reports for nearly every Precoro module: from documents to budget usage
Checking changelogs and comparing document versions for a transparent audit trail
2-click access to the real-time data and 20 filters for precise reporting
3-way match
Purchase Order <-> Receipt <-> Invoice … all matched in real-time
Discrepancy tracking
Supplier's invoice tolerance rates
Customizable exceptions and additional workflows
Order revision
Expenses
Tracking and management for expense reimbursement requests (e.g., work trips and events)
Managing corporate card payments by each employee, department, and location
Easy reconciliations between bank statements and payments done by employees
Three currencies available: item, document, and company currency
Featuring taxes, legal entities, and integration with accounting tools
Stay updated on the go
Agile procurement with the Precoro mobile app
Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand. Conveniently monitor spend, approve orders, and engage in seamless collaboration with your team, wherever your business takes you.
Explore the Precoro app
Automation made simple
Built to seamlessly enhance your workflow
Eliminate manual work and inefficient processes by connecting Precoro directly to your favourite accounting, ERP, and business tools.
QuickBooks Online
Send orders, bills, and vendors from Precoro to QuickBooks Online automatically.
Xero
Sync POs, invoices, and supplier info from Precoro to Xero accounting software.
NetSuite
Sync subsidiaries, locations, POs, bills, vendor data, and more.
Amazon Business Punch-in
Convert your Amazon Business cart into a ready-made PO in Precoro.
Amazon Business PunchOut
Simplify purchasing across your company. Create PRs in Precoro, shop on Amazon Business, and have order details automatically imported into your Precoro PR.
Home Depot PunchOut
Shop on Home Depot and watch order details automatically imported into a Precoro PR for approval and record-keeping.
Staples Advantage PunchOut
Convert your order details from Staples Advantage into a Precoro requisition for seamless approvals and PO management.
Customized experience
Don't see the integration you need? Create it
Our team will guide and support you throughout the development process and share everything you need from the Precoro standpoint, from API documentation and available end-points to the best practices based on our clients' experience.
As safe as it gets
Built to keep your data secure
Precoro is designed with a security-first approach in mind. We are compliant with major regulatory frameworks including SOC 2 Type II, GDPR, UK GDPR, CCPA, and HIPAA, ensuring the utmost protection of our customers' data and privacy. Precoro boasts 99.9% uptime, coupled with the option to choose between EU and US servers. This means better access to your data and better compliance with local regulations.
More about security
98% customer satisfaction
Developed for every type of business
We built Precoro to work for a wide range of companies by adapting it to your various workflows and requirements. Whether you need it for one user or thousands, Precoro is the system you can stick with for years. See how we help companies in different growth stages.
It's not just about features
3 reasons why 1000+ companies choose Precoro
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Ease of use
Set up your account, invite users, upload your data. All set! You can go live with Precoro at your own pace.
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Value for money
With improved spending visibility and operational efficiency, you'll witness a return on your investment within the first quarter of using Precoro.
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Customer support
Advice and support you can rely on for years. We aim to be your last stop in the search for a procurement solution.
Proven track record
Don't take our word for it
Loved by SMBs and enterprises alike
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