Transform your business with accounts payable automation

<p>Keep everything in the accounts payable management software to control your payment cycle and analyze the audit trail. Check each invoice's status whenever needed and get notified when it changes.</p> <br><p>By centralizing data in a dedicated AP automation solution, you can achieve absolute transparency and prevent some expensive mistakes. You can also protect yourself from intentional fraud or accidental discrepancies and avoid additional penalties.</p> <br><p>With AP data recorded in one platform, you can generate comprehensive real-time reports to monitor current accounts payable balances, prepare data-based projections, and thoughtfully plan your finance strategy. Plus, Precoro lets you create custom reports with over 150 reporting data points to get insights into the accounts payable data you need.</p>

<p>Replace paperwork with Precoro accounts payable automation software. With automated data recognition, 2- and 3-way matching, and invoice approval, say goodbye to maverick spending and duplicate payments.</p> <br><p>Leave human errors in the past and design a reliable invoice processing workflow using accounts payable software. AP automation solutions save finance teams many hours of work, which they can reinvest in strategic tasks. Accounts payable automation also reduces the person-hours required for invoice processing, saving the company lots of money.</p> <br><p>After implementing accounts payable automation practices, invoice processing will cost a fraction of what it used to and will be considerably less time-consuming.</p>

<p>Using accounts payable software, you can process documents from vendors faster and ensure invoices are recorded and paid on time. Timely processing of invoices helps to prevent late fees and any tensions that might arise due to non-compliance with the agreement terms.</p> <br><p>Build trusting and transparent relationships with suppliers and ensure that every party involved is well aware of details surrounding the AP process.</p> <br><p>Precoro comes with a dedicated Supplier Portal, letting Precoro users provide their suppliers with real-time access to the system. In it, your suppliers can generate invoices themselves and send them to you directly within the system. This makes it easier to track purchase status and improves overall communication with vendors.</p>

<p>Implement software for accounts payable to enhance data security. Instead of sending sensitive company information via email or post, transmit it securely via Precoro’s protected system.</p> <br><p>Make sure only those who need to be involved are involved. Limit employee access to documents, procedures, supplier data, and more with the help of user roles in AP automation software. Track who made changes to each document, ensuring better accountability, reducing human error, and minimizing fraud.</p> <br><p>With Precoro, you can rest assured data is safe from outside data breachers or hackers. We appreciate the trust our clients place in us, so as a cloud-based accounts payable management software, we choose reliable hosting facilities across multiple regions and remain compliant with the latest security protocols.</p>

<p>Stop entering the same data into multiple business tools. Sync accounting, procurement, and financial operations automatically with built-in integrations.</p> <br><p>Send orders and invoices directly to your accounting software to speed up AP invoicing and pay bills faster. Avoid typos by synchronizing company and vendor data across your software stack. Utilize punchout technologies to access supplier item catalogs directly.</p> <br><p>Modern accounts payable solutions like Precoro have integration capabilities to help you optimize your workflow and reduce the cost of AP operations.</p>