Supercharge the way you manage spending with accounting automation software

Streamline your accounting process and focus on driving business growth with the help of Precoro. Optimize your time and resources by automating manual invoice reconciliations and month-end close activities. Identify cost-saving opportunities, increase spending transparency, and ensure total compliance.

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spending transparency


faster month-end close


fewer duplicated payments

Reduce invoice processing time and eliminate human-factor errors

Precoro takes away the burden of manual invoice processing and does the mundane work for you, so you can complete tasks faster. Delegate your paperwork to us and forget about duplicate payments, fraud, and discrepancies.

Accelerate your invoice processing with OCR and receive automatically pre-filled invoices

Simplify invoice submission and streamline communication between suppliers and the finance team with our Supplier Portal

Set up customizable approval workflows and budget limits, so all transactions are made in accordance with company policy

Ensure there are no discrepancies between the ordered and received goods with the help of 2- and 3-way matching

Sync procurement and accounting operations to close books twice as fast

Easily reconcile your financial records without wasting time compiling invoices from different sources or procurement-related data from multiple spreadsheets. Precoro syncs with your accounting software, so the closing period will fly by.

Import purchase invoice details from POs automatically and receive documents with pre-filled data in specific fields

Take advantage of accounting and procurement tool integrations to eliminate manual data transfers and avoid human-factor errors that can lead to payment inaccuracies

Keep all financial records in one place and ensure all documents are always up-to-date

Establish better communication between departments by providing employees with complete order visibility using our document status feature

Gain full transparency and control over spending

Benefit from a 360 view of real-time financial data across your company. Use the dashboard and receive valuable insights with unlimited reporting capabilities in Precoro. Keep an eye on outstanding invoices and expenses to manage cash flow effectively.

Forecast incoming invoices with an improved PO organization system

Track spending across GLs, projects, locations, and departments to identify cost-saving opportunities

Create different types of reports, such as visual charts or standard XLSX documents, or use the custom report builder with over 150+ data points

Analyze financial data with the help of interactive dashboards and deliver insightful information to stakeholders

Guarantee total compliance and risk management

Ensure compliance with regulatory requirements are fully fulfilled and always be ready for audit. Mitigate the risk of non-compliance, penalties, and reputational damage.

Manage accurate record-keeping using smart coding with default tax and GL coding to enable audit and tax compliance

Centralize your procurement policies to make sure all operations align with regulatory requirements and industry standards

Evaluate new vendors and make decisions on further collaboration with them using the supplier approval feature to ensure they undergo due diligence checks

Manage all contracts in one place and make sure your agreements with suppliers are executed according to legal and ethical standards

Maintain a comprehensive audit trail for financial audits by keeping all essential documents in one place

Designed to scale

Why Precoro?

  • Automation

    Save time on strategically important tasks by adopting a hands-free method of invoice processing and approvals.

  • Complete control

    Obtain total visibility into company spending to facilitate cost-saving opportunities and build precise financial reporting.

  • Integrations

    Ensure smooth data flow between your procurement and accounting or ERP tools, and never enter the same data twice.

98% customer satisfaction

Why our customers love Precoro

Customer experience

Results that speak louder: Finance leaders worldwide share their success stories

Key achievements:

  • Transparent budget tracking
  • Centralized purchasing
  • On-time approvals

Precoro is utilized for:

  • Purchasing automation
  • Spend management
  • Approval workflows
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All your questions answered

What is automation in accounting? See more Hide
  • Automation in accounting means the incorporation of digitized solutions that streamline and optimize different accounting processes and tasks. Such tools automate otherwise manual accounting activities, reduce human-factor errors, increase spending control, provide companies with financial analytics, and more.
What processes can be improved with accounting automation software? See more Hide
  • With an accounting automation tool, you can make various activities more efficient depending on your current existing process. Here are some examples: accounts payable and accounts receivable operations, expense tracking, bank reconciliation, financial reporting, payroll processing, etc.
What are the benefits of accounting automation software? See more Hide
  • Apart from increasing efficiency by minimizing the need for manual data entry, automated accounting helps accountants and bookkeepers obtain full spending transparency and valuable insights needed for efficient forecasting. Such tools also reduce the risk of non-compliance, penalties, or reputational damage that can stem from non-transparent spending.
Which of Precoro’s features help teams automate accounting? See more Hide
  • Precoro offers a comprehensive set of tools for accounting teams with customizable solutions, such as OCR, a Supplier Portal, 2- or 3-way matching, approval workflows, vendor onboarding and approval, report generation, and more. Sync all procurement and accounting transactions using integrations with tools like Xero, QBO, NetSuite, etc. To learn about everything else that Precoro can do, follow this link.
How much does Precoro cost? See more Hide
  • At Precoro, we believe in flexibility and transparency when it comes to pricing. That's why we offer a range of options to suit different budgets and business needs, all without any hidden fees. Our pricing plans provide full access to the platform, including all features and new updates as they're released. For small teams, the price is $39/month per user. If you have a team with more than 20 users, contact our consultants to discuss a tailored pricing plan that fits your unique needs.

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