CENTRALIZE YOUR SUPPLIER NETWORK
Supplier management software that keeps every business unit aligned
Simplify teamwork across departments and create a direct line to your suppliers. With everyone working in the same supplier management solution, you cut miscommunication and keep procurement flowing without roadblocks.
Control who you work with
Set approval workflows to make sure every new supplier meets your company’s standards before teams buy from them. Prevent rogue vendors from creeping in, reduce risk, and ensure procurement policies are followed every step of the way.
See the full picture of suppliers
A unified supplier information management solution makes it easy to see which suppliers are approved, what documents they’ve submitted, and the status of every order. Stay up to date on delivery timelines, contract terms, and spending by supplier.
Unlock savings across vendors
Centralize supplier data across all entities to consolidate vendors and negotiate better prices and terms. On top of that, you can automate tasks like catalog updates and invoice matching to cut admin work and prevent costly errors.
Keep teams and suppliers on the same page
With Precoro’s Supplier Portal, vendors can upload documents, update product catalogs, receive RFPs and purchase orders, and submit invoices in one secure space. Your teams and suppliers get accurate, up-to-date data without confusing back-and-forth.
The best supplier management solution for teams that need structure, not complexity
850+ ratings across the web
See the difference Precoro makes at every step
Without a supplier performance management solution in place, vendor operations can quickly spiral into chaos. Approvals get missed, POs vanish, emails pile up, and you’re left guessing what’s really going on. With Precoro, you stay fully in control.
Running RFPs drains time and energy. It’s nearly impossible to compare vendors fairly (or even keep track of who’s responded) when you have to deal with scattered emails, messy spreadsheets, and proposals in every format.
Gather supplier proposals and compare terms in the supplier management solution. Instead of lost emails or file-hunting, you get structured insights that help you confidently pick the best supplier.
Teams often bypass procurement and work with unvetted vendors, which creates gaps in compliance and increases the risk of overspending. Additionally, onboarding can drag on for weeks as staff chase supplier information over emails.
Precoro is the best supplier management software for controlling the process. Flexible approval workflows route requests to the right people. Once approved, vendors can submit all required documents through the Supplier Portal, and you get notifications before contracts expire.
Without a centralized supplier information management solution, teams risk using outdated product lists. This confusion leads to wrong orders, surprise price hikes, and employees asking the same questions again and again.
Our supplier management solution lets suppliers update their catalogs with the latest prices, descriptions, and stock. That way, your teams always order from an up-to-date, approved selection of items.
You send out POs and then… radio silence. Did the supplier get it? Are they on track to deliver? You’re stuck chasing updates and dealing with miscommunication.
Send POs directly through the supplier relationship management software. Suppliers get instant notifications, view details in the portal, and confirm delivery dates on the spot.
Without the supplier performance management software, your AP team drowns in duplicate invoices, manual data entry, and constant back-and-forth to fix mismatches.
Suppliers submit invoices through the Portal, and AI-powered OCR in the supplier management solution extracts data automatically. Duplicate or mismatched invoices are flagged before they ever hit your books.
When supplier performance is hidden in inboxes and spreadsheets, you can’t spot issues or prove value during contract renewals.
Our supplier relationship management software gives you a complete, centralized history of every supplier interaction. You can quickly review contracts, orders, and invoices to spot red flags early and walk into every negotiation fully informed.
REAL NUMBERS
Why users call Precoro the best supplier management software
Read real experiences from companies that have benefited from our supplier management solution.
12 locations benefit from centralized procurement
“We use Precoro as an all-in-one solution to control and automate the entire procurement workflow. Plus, our managers easily approve on the go via phone [using supplier performance management software]."
Barend Liebenberg, Procurement Manager
100% budget control
“We're really trying to leverage the Supplier Portal to bring the work to the supplier. This is a “win-win” situation for Remilk and for the suppliers.”
Daphna Shafran, Head of FP&A
7x faster month-end close
“Precoro [the supplier information management software] makes my AP life easier. Since introducing Precoro, I have been able to complete month-ends in a couple of days. If we didn’t have Precoro, we would be struggling to keep up with this growth.”
Daniel Chen, Financial Analyst
50 branches unified under one centralized procurement platform
“It’s become very easy for us to start seeing things–to start packaging information [with the supplier relationship management software].”
Rajen Satish Shah, Finance Manager
30 seconds to complete a full three-way match
“When I need to pay the invoice and check whether the items were received, I can literally do it within 30 seconds [with the supplier management solution], compared to previously, when it would take hours.”
Caroline Hickey, Business Associate
The ultimate guide to lasting supplier relationships
Want to turn suppliers into trusted partners who help your business thrive? This free guide gives you clear, actionable steps to build long-term, efficient relationships that benefit your company.
Guide • Procurement
Inside, you’ll find:
- How to tell vendors from suppliers
- Core principles that make supplier management work
- Proven tips for choosing suppliers that fit your needs
- Smart ways to collect and verify critical supplier info
- A step-by-step plan for onboarding new suppliers with ease
- Strategies for evaluating supplier performance to keep your supply chain strong
EVERYTHING IN ONE PLACE
One supplier management solution for all your needs
Bring every procurement-related process into a single system. Work faster, stay organized, and keep your team aligned and compliant.
Centralize purchase requests
With dynamic forms and custom fields, every request includes exactly what’s needed from the start. Your team sees approved suppliers and products in catalogs, so they follow the policy without even thinking about it. Plus, every request goes straight to the right people for approval. With a supplier management solution like Precoro, your team gets what they need faster and stays compliant.
Order faster
Once a request is approved, you can automatically convert it into a purchase order without re-entering data. Track every stage (approved, ordered, received, or paid) in the supplier performance management software. No more lost emails or gaps in the process. You have full visibility and control, and your teams get supplies on time.
Automate invoice capture & 3-way match
Our supplier management software solution uses AI-powered OCR that understands the document layout and pre-fills invoices with pinpoint accuracy. The system checks for duplicates, matches invoices against POs and receipts, and flags any issues instantly. As a result, you keep your supplier relationships strong and your finances protected.
Control budgets and spending
Set budgets for departments, locations, or projects, and monitor them in real time with clear progress tracking. Our supplier information management software shows available funds when users create or approve purchase requests, orders, or reimbursements, so there are no surprises. Suppliers benefit too, with fewer delayed approvals or canceled orders caused by overspending.
Use punchOut catalogs for faster, compliant purchasing
Let your team shop straight from supplier websites while every purchase is tracked in the supplier performance management solution. Buyers see real-time prices, product details, and stock availability with no manual uploads or outdated lists. It’s a seamless way to ensure everyone buys from approved vendors on agreed terms.
Keep track of your stock balance
Precoro is the best supplier management solution for cutting waste. Before placing new orders, employees can easily check what’s already in stock. If items are available, they can quickly request them from the warehouse instead of buying more. Precoro keeps a secure record of all inventory movements and alerts warehouse managers when stock levels are running low.
Create custom reports
With all your procurement and spending data in one supplier information management solution, it’s simple to analyze and share insights. Create custom reports with over 150 data points in our supplier management solution and export them to Excel in a single click. Whether you’re analyzing order cycles, monitoring budgets, or reviewing spending by department or supplier, you’ll have accurate, real-time data ready to support better decisions.
EASY DATA TRANSFER
Supplier relationship management software built to connect
Precoro plays well with your existing systems to bring everything together in one seamless, time-saving workflow. Say goodbye to manual data entry and data silos and hello to more efficient operations.
Need something custom?
Use our API or let Precoro build a tailored integration for you.
CUSTOMER VOICES
The supplier management solution users recommend
Hear from teams who’ve made procurement effortless and vendor relations stress-free with our supplier management solution.
BG
Head of Procurement
Construction
Precoro [the supplier performance management software] has been very helpful with budget tracking; we are able to tell at any time the status of any budget, thus making solid and on-time decisions. Supplier management has also been a plus, it’s possible with a click of a button to tell the status of supplier accounts, even more helpful with credit accounts—reporting on aged creditors is more accurate, and cash-flow projections are easier to project. The 3-way document match of the PO, Goods Received Note, and Supplier Invoice has also reduced errors at the Accounts Payable desk. Paper printing has been reduced by a huge margin, and approvals have been done not only promptly but accurately. It is definite we are a more efficient Supply Chain team since we logged onto Precoro [the supplier management solution]! Thank you!
MH
Director of Learning
What was a black box and invisible to me has become visible and useful [with the supplier information management software].
MC
Director of Finance
Media Production
I had an amazing experience with Precoro and the team. I always knew I could reach out and would get the help I needed. My organization found it [the supplier management solution] easy to use, and everyone was trained quickly.
AN
Purchasing Director
When we started with Precoro [the supplier information management solution], we were formalizing our purchasing department. Working with Precoro allowed us to create processes and procedures, understand our expenses by department, and grade our vendors and their performance. Efficiency, organization, and cost savings increased tremendously. We all love Precoro!
CS
System Administrator
Precoro [the supplier management software solution] is the most straightforward piece of software we've ever used, and as a result, we've seen a dramatic rise in our daily output.
LB
Head of Finance
Precoro is a simple and highly efficient vendor and expense management workflow system that delivers value for money. I couldn't recommend it [the supplier management solution] more highly to any company looking for an easy-to-implement tool, that is cloud-based, virtually plug-and-play, simple, and intuitive to use. We've saved enormous time and enhanced our internal controls environment substantially with the implementation of Precoro. High five to the team!
NF
Operations Coordinator
It combines managing inventory, suppliers, requests, orders, and receipts. I can use it [the supplier management software solution] from any device with internet access. There's the Supplier Portal, where suppliers can upload and update catalogs of goods and services, as well as internal notes and comments.
RK
Risk management
Precoro is a great option for a comprehensive and user-friendly tool to streamline our purchasing and track our spending. I particularly appreciate the ease with which we can add vendors, create and manage purchase orders, and track payments. The interface [of the supplier performance management solution] is straightforward and easy to navigate, making it a great option for busy professionals.
WG
Admin Assistant
Enterprise (> 1000 emp.)
Precoro makes it easy to order items for the office/apartment building. Items are categorized and can be found easily for reordering. I use Precoro daily to manage purchase orders. Previously, I used another system that was very difficult to understand, but I've been able to ease into Precoro so much faster. Literally, the program is completely self-explanatory.
BG
Head of Procurement
Construction
Precoro [the supplier performance management software] has been very helpful with budget tracking; we are able to tell at any time the status of any budget, thus making solid and on-time decisions. Supplier management has also been a plus, it’s possible with a click of a button to tell the status of supplier accounts, even more helpful with credit accounts—reporting on aged creditors is more accurate, and cash-flow projections are easier to project. The 3-way document match of the PO, Goods Received Note, and Supplier Invoice has also reduced errors at the Accounts Payable desk. Paper printing has been reduced by a huge margin, and approvals have been done not only promptly but accurately. It is definite we are a more efficient Supply Chain team since we logged onto Precoro [the supplier management solution]! Thank you!
MH
Director of Learning
What was a black box and invisible to me has become visible and useful [with the supplier information management software].
MC
Director of Finance
Media Production
I had an amazing experience with Precoro and the team. I always knew I could reach out and would get the help I needed. My organization found it [the supplier management solution] easy to use, and everyone was trained quickly.
AN
Purchasing Director
When we started with Precoro [the supplier information management solution], we were formalizing our purchasing department. Working with Precoro allowed us to create processes and procedures, understand our expenses by department, and grade our vendors and their performance. Efficiency, organization, and cost savings increased tremendously. We all love Precoro!
CS
System Administrator
Precoro [the supplier management software solution] is the most straightforward piece of software we've ever used, and as a result, we've seen a dramatic rise in our daily output.
LB
Head of Finance
Precoro is a simple and highly efficient vendor and expense management workflow system that delivers value for money. I couldn't recommend it [the supplier management solution] more highly to any company looking for an easy-to-implement tool, that is cloud-based, virtually plug-and-play, simple, and intuitive to use. We've saved enormous time and enhanced our internal controls environment substantially with the implementation of Precoro. High five to the team!
NF
Operations Coordinator
It combines managing inventory, suppliers, requests, orders, and receipts. I can use it [the supplier management software solution] from any device with internet access. There's the Supplier Portal, where suppliers can upload and update catalogs of goods and services, as well as internal notes and comments.
RK
Risk management
Precoro is a great option for a comprehensive and user-friendly tool to streamline our purchasing and track our spending. I particularly appreciate the ease with which we can add vendors, create and manage purchase orders, and track payments. The interface [of the supplier performance management solution] is straightforward and easy to navigate, making it a great option for busy professionals.
WG
Admin Assistant
Enterprise (> 1000 emp.)
Precoro makes it easy to order items for the office/apartment building. Items are categorized and can be found easily for reordering. I use Precoro daily to manage purchase orders. Previously, I used another system that was very difficult to understand, but I've been able to ease into Precoro so much faster. Literally, the program is completely self-explanatory.
Rated #1 by people in the field
Supplier performance management solution that really makes a difference
Implementation made simple
We’re the best supplier management solution for companies that want results in weeks, not quarters. Most companies go live in 2 to 8 weeks, and the implementation is so simple you won’t need to involve the IT team.
Intuitive for users, advanced for procurement
Precoro is easy for requesters and approvers to use, yet robust for procurement to manage spending, suppliers, and the entire purchasing process in one platform.
AI tools that take the busy work off your plate
Our AI captures invoice and expense data automatically, so you don’t have to spend time typing everything in yourself. Moreover, when your team has questions, the chatbot provides quick, reliable answers.
Data security you can count on
Our supplier management software solution keeps your sensitive data secure and transparent with role-based access, full audit trails, and compliance with SOC 2, GDPR, and HIPAA. You decide who can see what, and every action is tracked.
FAQ
Still unsure if Precoro is the best supplier management software for your company?
LEARN MORE
Precoro is more than just a supplier management solution
Discover all our features, compare Precoro to other platforms, and see how it helps businesses of different sizes and industries.
Spend Management
Implement the best spend management software to ensure 100% spend control and achieve up to 5% of yearly budget savings.
Procure-to-Pay Automation
Adopt procure-to-pay software and simplify your workday—because you can’t manage everything in spreadsheets forever.
Accounts Payable Automation
Optimize your accounts payable operations by automating manual processes with Precoro. Simplify document processing and focus on strategic tasks.
Supplier Relationship Management
Simplify and strengthen your supplier management. Onboard and evaluate suppliers with ease and provide them with a convenient tool for cooperation.
Vendor Management
Build stronger relationships with vendors and get better deals. See how Precoro helps you onboard vendors, track performance, and stay in sync.
Purchase Requisition Management
Use straightforward purchase requisition software with easy-to-follow templates and customizable approval workflows.
Mobile Procurement
Speed up procurement processes with the Precoro mobile app. Easily monitor spending, approve orders, and collaborate with your team on the go.
Intake Management
Transform your requesting and buying processes with seamless, effortless intake management.
Three-Way Matching and OCR
Check out how our 3-way match software uses Google's custom data extractor to process invoices and match them to POs and receipts.
Invoice Approval Process
Approve invoices 3.5x faster with Precoro. Enjoy full visibility into documents and pay only for verified bills.
AI in Procurement
Simplify your AP workload and achieve flawless document accuracy with our AI procurement software.
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See how Precoro fits into your team's workflows
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