Why ERP isn’t enough? | End-to-end control of your procurement lifecycle
STRATEGIC SOLUTION

Accounts payable software: One place for every invoice, AI for the busywork

Get full clarity on every transaction across teams, business units, and currencies with our AI-powered accounts payable software. Protect your margins and stay in control of AP invoicing. And finally free your teams from manual busywork that can cause compliance issues and payment errors.

Capture invoices
Process with AI
Use Matching Agent
Approve invoices

FINANCE TEAM ARMOR

Your confidence in automated AP operations starts here

Only verified invoices get paid

Every invoice is matched, approved, and verified in our accounts payable software. You’re never paying for the wrong item, the wrong amount, or goods that were never delivered.

Control layer on top of your ERP

No need to rip and replace. Precoro adds advanced procurement and AP automation on top of your existing financial system, keeping data connected and every transaction traceable.

Unified AP visibility

Whether you have three entities or thirty, you can unify AP invoicing under one system with customizable workflows, budgets, and reporting for each business unit.

Delegate the routine work to the AP Automation Crew

Process more invoices in less time. Our accounts payable solution offers AP Automation Crew to take routine, time-consuming tasks off your team’s plate, while providing a full audit trail and keeping you in control.

AI agent for Invoice Extraction

Processes non-standard invoices, including raw text, external links, and spreadsheets, and converts the data into a consistent format.

Invoice Processing

Extracts data from emailed or uploaded invoices and creates a pre-filled invoice draft.

Expense Processing

Extracts receipt data and fills in expense reports automatically.

Credit Note Processing

Extracts credit note data and creates a draft linked to the original invoice.

Matching Agent

Cross-references invoices with the right POs, even when details are missing or inconsistent.

Payment Agent

Coming soon

Times and batches payments to capture early-payment discounts, make the most of payment terms, and reduce transaction costs.

SEE THE DIFFERENCE

Here’s how automated AP operations look in action

These are the real outcomes from finance teams who automated manual, error-prone AP processes with our accounts payable automation software.

7x

 faster month-end close

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“When we receive an invoice, we find the order, see if it matches, and close it. There’s no need for additional validation from the Cost Center Manager. It [the accounts payable software] gives us great control. Precoro has helped us to automate the process.”

David Grimbert CFO at Cheerz
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“We know what has been delivered, we know what has been invoiced and paid, and we can get that information out of the system. With our previous system, we couldn't do that. We had to go through everything by hand, and organizing it just wasn't possible by paper. It would take days. We can do this in seconds now, and we have complete confidence that the numbers are actually correct.”

Jeremy Beauchamp Operations Manager at Bright Peak Therapeutics
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90%

 reduction in invoice processing time

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“Now, because there is a proper procurement solution, everything is being tracked. Users get emails alerting them that their POs are ready to be invoiced, or the managers get a notification saying these invoices are waiting for approval. This has greatly reduced the time it takes to get from PO submission to paying the final invoice.”

Rex Hamilton Chief Financial and Operating Officer at Serial 1 Cycle Company
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$100K

in annual ERP license savings

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100%

acceleration in approval workflows

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“Now we feel that we have a system we can rely on. It [the AP automation solution] gives us a lot of confidence, especially to me. When I need to sign invoices and bank statements, I'm at ease.”

Shmulik Almasi Group Chief Financial Officer at PassportCard
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AUTOMATED AP OPERATIONS

Precoro puts you in control, from purchase request to the final payment

The accounts payable software your AP team needs to move faster with full context

AI-powered invoice capture

Use advanced AI-powered OCR technology to instantly digitize invoices as they arrive in your AP inbox. You can scale invoice volume in the accounts payable management software without adding headcount.

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Invoice approval workflows

Design approval workflows that reflect your compliance rules. Our AP automation solution tracks every approval and logs every document change.

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Three-way matching

AI in our accounts payable software solution compares purchase orders, invoices, and receipts, then flags mismatches before they become problems.

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Payment automation

Pay invoices directly in Precoro after approval and matching. In our AP automation software, every transaction stays controlled, compliant, and linked to a clear audit trail.

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Procurement integration

Connect invoices directly to purchasing data for immediate clarity on their purpose. With Precoro, you’re not just fixing AP; you’re gaining control over what employees buy and from whom.

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Built-in spend controls

Prevent out-of-budget or unauthorized purchases before they become payables. Track spending against budgets by department, location, or project in our accounts payable software.

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Supplier clarity

Keep all supplier information and contracts in one place and connect with vendors directly through the Supplier Portal in the accounts payable solution.

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Spending cards

Give employees the freedom to buy what they need while finance stays in complete control. Issue prepaid virtual cards and track every transaction in real time without relying on reimbursements.

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FULL CONTROL

Why settle for half the process?

Traditional accounts payable software solutions kick in too late. Precoro gives you control over where spending begins.

Traditional AP automation solutions
Starts at invoice receipt
Available feature
Starts from the purchase requisition
AI-powered Invoice Processing
Not supported
Intelligent document processing
E-invoicing
Not supported
Native processing
Clear invoice statuses
Available feature
Real-time visibility
Duplicate invoice detection
Some tools
Auto-flagged
Payments
Not supported
Handled within the same workflow
Spending cards
Not supported
Virtual cards powered by Stripe
Purchasing visibility
Not supported
Full lifecycle
Budget enforcement
Not supported
Real-time controls
3-way match
Some tools
Matching Agent
Multi-entity workflows
Not supported
By design
How AI is incorporated
Usually not available or very limited
AI Crews work from clean data and shared context
E-INVOICING MADE EASY
Fast, effortless e-invoice processing

With mandatory e-invoicing spreading worldwide, a manual approach is no longer a viable option. Precoro lets you automatically receive and process e-invoices, turning a complex task into a breeze.

Seamless invoice intake

When a supplier sends an e-invoice (UBL 2.1, CFDI, XRechnung, or other local formats), it lands straight in Precoro’s AP Inbox. Our algorithm extracts the data and generates a clear, human-readable PDF for easy review.

AI invoice matching & one-click creation

After processing, Precoro’s Matching Agent instantly cross-references the invoice with the right PO and creates a draft in under 3 seconds. You just review it and click to approve.

Automatic ERP sync

After approval, pay the invoice directly in Precoro. Data syncs with your ERP, keeping records up to date and procurement, AP, and finance teams fully aligned.

ACCOUNTS PAYABLE PRODUCT TOUR

See for yourself how Precoro handles AP automation

Take a guided look at the full AP workflow and explore how Precoro replaces spreadsheets and email threads with a faster, clearer, more accurate process.

Product tour

Our accounts payable software offers:

  • AI-powered invoice capture and data extraction
  • Invoice verification with the Matching Agent
  • Clear approval workflows with built-in SLA deadlines and reminders
  • Native integrations with accounting systems and ERPs
  • Supplier master data with invoice, contract, and payment visibility
  • AI-powered analytics and customizable reports

WHAT USERS SAY

Why mid-sized companies chose Precoro as their accounts payable automation software

TRUSTED BY CUSTOMERS

Recognition backed by customer feedback

CREATED FOR MID-MARKET

The accounts payable solution your team will actually use

Precoro isn’t just about what it does; it’s also about how easily it fits into your workflows.

Users love the platform

Your accounts payable team gets an intuitive AP automation solution that simplifies their day-to-day, while executives gain the detailed insights and controls they need.

No coding needed

Our accounts payable software is designed to get you up and running in weeks, not quarters. Set up approval workflows, GL coding rules, and user roles without developer help.

Mobile-ready control

You don’t need to be at your desk to use the accounts payable software. With Precoro’s mobile app, remote teams and busy execs can review and approve invoices from anywhere.

Top-level data security

From automated duplicate invoice detection to data encryption, we bake security into every process. Our AP automation software is fully compliant with GDPR, CCPA, HIPAA, and SOC 2 Type II.

A team that’s got your back

Get a dedicated customer success manager and fast-track help when you need it. From determining your priorities to customizing our accounts payable solution, you’re never on your own.

Your pain points become our roadmap

Customer voice not only matters but also shapes Precoro’s product updates. Watch your suggestions come to life as we add new features bi-weekly.

PROCUREMENT BLOG

Insights about automated AP operations and invoice management

Learn how to take your AP invoicing from reactive to strategic. Our blog covers accounts payable automation, compliance, spend control, and everything in between.

FAQ

Answering your questions about AP automation and software for accounts payable

Can I use Excel for accounts payable?

Is Precoro a good fit for mid-sized or multi-entity companies?

Which ERPs and accounting systems does Precoro integrate with, and what syncs in each direction?

What happens when the AI reads an invoice wrong?

Does Precoro use OCR?

Can we use Precoro just for AP, without the procurement module?

Does Precoro pay suppliers directly, or does it send approved bills to our ERP or bank?

How does Precoro handle multiple currencies?

How does Precoro help CFOs and finance leaders?

How does Precoro help accounts payable teams?

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