Supplier management solution for smooth collaboration

Precoro is supplier relationship management software that can be adopted in several weeks and explained to end users in one quick training session.

• Easy-to-use document templates and an intuitive interface that’s clear even for non-tech-savvy users.
• Software adoption takes between 2 to 8 weeks, depending on your company’s size.
• Precoro’s customer support team provides resources to ensure a 100% adoption rate of tool-based workflows across the organization.
• Smooth integrations with top accounting, ERP, and other business software to achieve seamless cooperation between departments.

Implementing a supplier performance management solution is the best way to consolidate all supplier-related operations in one convenient platform.

• Interaction with all suppliers in a single system.
• Storage of supplier and item catalogs within our supplier information management software to ensure compliance and simplify procurement for requesters.
• Creation of purchase requisitions and purchase orders with a few clicks.
• Management of all purchasing documents and spending in one place.
• Transparent order and transaction statuses at any time.

As one of the best supplier management solutions, Precoro provides transparency into budgets, expenditures, and supplier performance, which is needed to identify opportunities for cost savings.

• Opportunities for finding the best deals with the built-in RFP process.
• Discount negotiation leverage achieved through analyzing spending by supplier or consolidating orders for bulk purchasing.
• Visibility into inventory levels to prevent overstocking and unnecessary orders.

Our supplier relationship management software offers full transparency of supplier management and even simplifies the processes on the suppliers’ end.

• Visibility into all purchasing documents and their statuses.
• All supplier data and agreements are easily available in one secure storage.
• Clear spending by supplier, category of goods, department, and project.
• Real-time stock balance and stock movement tracking.
• Suppliers have the ability to receive POs from customers, send invoices, track their statuses, and communicate with clients directly in the supplier management solution.

Precoro is a supplier information management solution that can help your procurement managers safeguard the company from fraudsters and unvetted suppliers.

• Reliable storage of vendor’s security certificates and other compliance documents within the supplier relationship management software.
• 3-way matching ensures companies pay only for verified invoices.
• 90% fewer duplicated payments with the supplier management solution.

Our supplier management solution supports company growth. Precoro is useful at any stage or size any stage or size.

• Fast processing and reliable performance, even as transaction volumes and supplier numbers grow.
• Multiple entity management.
• Support for multiple currencies to facilitate international operations.
• The supplier information management software offers the simplicity small businesses need and the comprehensive features required by larger organizations.

Our supplier performance management software is super customizable. Set up modules, documents, and reports to meet all the requirements of your company.

• Custom forms and fields for purchasing documents to make sure all the data you need is included there.
• The ability to create multi-level parallel and sequential approval workflows for orders, suppliers, and expenses.
• Robust reporting with 150+ data points to help you analyze supplier performance and spending data.

What makes Precoro the best supplier management software is that we realize the need to constantly find ways to improve the system. And our clients are the main contributors.

• A constant stream of new functionality added to the platform.
• Client feedback is highly valued and communicated to our product and development teams.
• Product updates are released every two weeks.