Trusted software built for modern procurement teams
Efficient buying, less busywork
Simplify procurement operations and minimize manual work with our artificial intelligence procurement software built for precision.
One place for all your procurement
Get a clear view of every supplier, budget, and purchase across departments and entities. With everything centralized, you can make more informed decisions without the usual back-and-forth.
Give your team their time back
Stop burning hours on manual data entry. The AI procurement solution frees your people to focus on negotiating better deals, building supplier relationships, and driving savings.
Answers at your fingertips
Analyze spending by department, spot bottlenecks in approvals, or find ways to consolidate buying in minutes with our AI procurement software. Make confident calls without waiting for lengthy reports.
RESULTS IN NUMBERS
Success stories from real teams using AI procurement software
These results aren’t theoretical. Growing companies use Precoro to centralize procurement, speed up document processing, and keep spend under control across every entity.
faster purchasing cycle
“As we got more and more comfortable with Precoro [the AI procurement software solution], we realized that, really, it was very easy to use. Within a short time of interacting with the system, pretty much every user becomes quite comfortable with it.”
faster month-end close
purchase document error rate, down from 30%
“When I need to pay the invoice and check whether the items were received, I can literally do it within 30 seconds [in the procurement AI software], compared to previously, when it would take hours. Sometimes it could take days or even a full week to find the corresponding PO or figure out who ordered it. Now filtering by PO number and seeing if we received what we ordered takes no time at all.”
“Precoro [the AI procurement tool] gave us visibility and control over the multi-branch spending of our organization.”
“It [the AI procurement software] has given everyone peace of mind that a trusted system will handle the procurement workflow with good audit capabilities. It [the AI/ML procurement software] has also given management much better insight into spending across a host of metrics.”
reduction in invoice processing time
AI procurement platform designed for real-world tasks
Precoro brings AI/ML procurement technology into your workflows to cut hours of manual work and help you stay on top of spend, invoices, and purchases.
Smart invoice processing
Save your teams from hours of tedious copy-pasting. We partnered with Google to deliver you the best AI-powered OCR.
- We use AI that doesn’t just scan invoices, it actually “understands” the document layout.
- Our AI procurement platform matches invoices to your purchase orders automatically and ties them directly to the correct suppliers and items.
- The more AI works, the smarter it gets, so you spend less time fixing errors and more time on projects that matter.
Expense reporting made simple
Speed up employee reimbursements and reduce errors with mobile AI expenses.
- Snap a photo of any receipt using Precoro’s mobile app.
- AI automatically fills in key details like date, amount, and description.
- Review, adjust if needed, and submit the expense for approval and quick reimbursement in the AI procurement software solution.
Answers when you ask, no digging
No need to manually extract and analyze the data when the artificial intelligence procurement software gives you clear answers on the spot.
- Ask Precoro’s AI assistant to analyze POs and invoices by any criteria you need.
- Get instant, clear answers without digging through spreadsheets or reports.
- Examples: “How much did we spend with supplier X last quarter?” or “Find patterns in POs with delayed approvals and suggest where to improve.”
USER FEEDBACK
Learn what companies love about our AI procurement software
Adopt the AI procurement software that your team will actually use.
VU
Mid-Market (51-1000 emp.)
[The procurement AI software] allows us to streamline finance approvals by role, threshold, etc. Customizable fields and a simple user interface cover what we need. We integrated Precoro into our vendor process as a seamless must-have, and buy-in was not difficult once users got into the platform.
MH
Director of Learning
Education Management
What was a black box and invisible to me has become visible and useful. Precoro has helped me make financial decisions and easily manage my account. The ease of the [AI/ML procurement] platform and the immediate access to my budget balances in real time have simplified my processes and improved my efficiency.
MCA
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 AI procurement tool] easy to use, and everyone was trained quickly.
AM
General Manager
Individual & Family Services
Fantastic experience [with the AI procurement solution]. All the staff were helpful and engaging in the process! The transition from the testing phase to the live rollout was seamless and easy for our team to work with.
WG
Admin Assistant
Previously, I used another system that was very difficult to understand, but I’ve been able to ease into this Precoro so much faster. Literally, the program [the AI procurement software] is completely self-explanatory.
LM
Senior Buyer - Commodity Specialist/Manager
What I appreciate most about Precoro is how easy it is to use for both end users and administrators. Its versatility allows it to adapt to any procurement model or approval flow, making it a great fit for various organizational needs. Having been involved in implementing and administering the software, I found it straightforward and requiring very little maintenance. It [the AI procurement solution] even offers more features than we needed, which is a wonderful bonus. Additionally, its seamless integration with our other systems has been a huge plus.
KA
Controller
Hospitality
With Precoro software in place, our procurement process has become more efficient than ever. From requisition to approval to invoicing, every step flows seamlessly [in the AI/ML procurement platform], saving us valuable time and resources. Post-implementation support has also been outstanding.
II
Senior Accountant
Precoro [the AI procurement software] simplifies procurement for my team by automating purchase approvals and budget tracking, ensuring compliance and financial control. Its real-time reporting provides clear insights into expenses, helping all our teams stay within budget. It [the procurement AI tool] has good integrations and accurate invoice matching, it helps minimize errors and saves time on reconciliation periods. Precoro is easy to implement, backed by responsive customer support, and designed for frequent use, making procurement seamless and efficient.
VU
Construction
Mid-Market (51-1000 emp.)
Our dedicated build team was easily accessible and so kind. All of our needs were met with solutions in a quick and efficient manner.
VU
Mid-Market (51-1000 emp.)
[The procurement AI software] allows us to streamline finance approvals by role, threshold, etc. Customizable fields and a simple user interface cover what we need. We integrated Precoro into our vendor process as a seamless must-have, and buy-in was not difficult once users got into the platform.
MH
Director of Learning
Education Management
What was a black box and invisible to me has become visible and useful. Precoro has helped me make financial decisions and easily manage my account. The ease of the [AI/ML procurement] platform and the immediate access to my budget balances in real time have simplified my processes and improved my efficiency.
MCA
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 AI procurement tool] easy to use, and everyone was trained quickly.
AM
General Manager
Individual & Family Services
Fantastic experience [with the AI procurement solution]. All the staff were helpful and engaging in the process! The transition from the testing phase to the live rollout was seamless and easy for our team to work with.
WG
Admin Assistant
Previously, I used another system that was very difficult to understand, but I’ve been able to ease into this Precoro so much faster. Literally, the program [the AI procurement software] is completely self-explanatory.
LM
Senior Buyer - Commodity Specialist/Manager
What I appreciate most about Precoro is how easy it is to use for both end users and administrators. Its versatility allows it to adapt to any procurement model or approval flow, making it a great fit for various organizational needs. Having been involved in implementing and administering the software, I found it straightforward and requiring very little maintenance. It [the AI procurement solution] even offers more features than we needed, which is a wonderful bonus. Additionally, its seamless integration with our other systems has been a huge plus.
KA
Controller
Hospitality
With Precoro software in place, our procurement process has become more efficient than ever. From requisition to approval to invoicing, every step flows seamlessly [in the AI/ML procurement platform], saving us valuable time and resources. Post-implementation support has also been outstanding.
II
Senior Accountant
Precoro [the AI procurement software] simplifies procurement for my team by automating purchase approvals and budget tracking, ensuring compliance and financial control. Its real-time reporting provides clear insights into expenses, helping all our teams stay within budget. It [the procurement AI tool] has good integrations and accurate invoice matching, it helps minimize errors and saves time on reconciliation periods. Precoro is easy to implement, backed by responsive customer support, and designed for frequent use, making procurement seamless and efficient.
VU
Construction
Mid-Market (51-1000 emp.)
Our dedicated build team was easily accessible and so kind. All of our needs were met with solutions in a quick and efficient manner.
Chosen by teams who need results, not hype
POWER UP TEAMWORK
Give your team the AI procurement tool to handle tasks faster
From finance teams to frontline staff, Precoro uses AI to keep workflows aligned and your people productive without constant follow-ups.
CPOs and CFOs
Stop waiting days for spend reports. With Precoro’s AI assistant, you can ask questions like “How many POs exceeded $10k in Q3?” or “Which supplier invoiced us the most this year?” and get clear answers in seconds. Stay on top of budgets across all entities and make informed calls on the spot with the AI procurement software solution.
AP teams
Forget tiring manual data entry or flipping between emails and spreadsheets. Our AI-powered OCR reads invoices, pulls out key info, and even matches them to POs to auto-create accurate invoices in the AI procurement software solution. Your team just reviews and approves.
Department managers
Need to check POs by status, see invoices by supplier, or track spend in your department? Precoro’s AI assistant gives you answers right when you need them, without relying on finance to run a report.
Other employees
Submitting expenses shouldn’t take hours. Employees can snap a photo of a receipt, and Precoro’s AI scans it, fills in the details (amount, date, currency), and creates it in the AI procurement tool. As a result, reimbursements hit accounts sooner.
Your shortcut to a mature, high-performing procurement strategy
Download the free guide and get a complete toolkit to build a strong, scalable procurement function.
Guide • Procurement
Inside the guide:
- Core principles of successful procurement management.
- Ready-to-use strategy framework + free template to build a clear action plan.
- Step-by-step instructions, from shaping your strategy to choosing the right tools.
- KPIs and metrics to track and improve performance.
- Best practices tested by procurement teams across industries.
END-TO-END PROCESS
Procurement AI solution that brings it all together
Purchasing doesn’t have to be complicated. Our machine learning procurement software makes it straightforward and hassle-free every step of the way.
Stop request chaos before it starts
No more half-filled forms or requests missing key details. With our AI procurement software, teams get what they need faster, and you stay in control.
- Use dynamic forms and custom fields to help your team get it right the first time.
- Create, edit, and review requests on the go with Precoro’s mobile app.
- Let employees shop from approved catalogs, so compliance happens naturally.
- Route each request to the right approver automatically in the AI/ML procurement software.
- Set specific time limits for each approval step in your procurement workflow with Approval SLA.
Place orders without the bottlenecks
Stop retyping data and chasing approvals. No lost emails or “Where’s that order?” calls. Just full visibility in the procurement AI tool and faster deliveries.
- Instantly convert the approved request into a purchase order in the AI procurement software.
- Combine multiple requests for the same supplier into one PO to cut admin work and avoid duplicate orders.
- See every stage of the process in real time (approved, ordered, received, paid) in the machine learning procurement software.
- Create recurring or blanket POs for ongoing supplier relationships and repeat purchases so your team doesn’t have to start from scratch every time.
Stay on top of every delivery
With the AI/ML procurement platform, checking goods received doesn’t feel like detective work.
- Track every order from start to finish without switching between emails or spreadsheets.
- Get a clear view of what’s been delivered, what’s still in transit, and what’s missing directly in the procurement AI solution.
- Easily spot which suppliers deliver consistently on time and which ones are underperforming.
Handle invoices in minutes, not hours
Manually typing out invoice details is a time sink. That’s why Precoro partnered with Google to bring you the best-in-class AI.
- Rely on AI-powered OCR to read invoices and accurately pull out all the details like vendor names, dates, amounts, payment terms, and more.
- Let our AI/ML procurement software automatically match invoices with purchase orders and receipts (3-way match) to spot duplicates, mismatches, or missing info.
- Get notified about duplicate invoices and protect your cash flow.
Stay on budget without micromanaging
Keeping spending in line doesn’t have to be a grind. Our artificial intelligence procurement software gives you real-time visibility and smart tools so you stay on top of budgets effortlessly.
- Allocate budgets by department, project, or location and monitor them live with a simple progress bar.
- Easily view remaining budgets when creating a request, PO, or expense reimbursement in the AI/ML procurement software.
- Snap a receipt on your phone and let Precoro auto-create it for faster, more accurate reimbursements.
- Set rules in the procurement AI tool to warn users when they’re near limits or block requests that exceed budgets, so you don’t have to micromanage every purchase.
Simplify supplier communication
Tired of endless email chains and chasing supplier updates? Our AI/ML procurement software keeps all your vendor communication in one place, so nothing gets lost.
- Send POs, invoices, and delivery updates directly through the Supplier Portal.
- Bring new vendors into the AI procurement tool with customizable registration forms and approval workflows.
- Store all supplier contracts safely and get automatic alerts in the machine learning procurement software when they’re about to expire so nothing slips through the cracks.
Know what’s in stock at a glance
Nothing’s worse than reordering goods you already have or running out when you need them most. With the machine learning procurement software, your team always sees what’s in stock.
- Check inventory levels right in the artificial intelligence procurement software before placing an order.
- Get notified when supplies are running low, so you can restock before shelves are empty.
- Let employees submit warehouse requests directly in the AI/ML procurement platform to get what they need fast and avoid unnecessary buys.
- Stay on top of stock movements and consumption records with a full audit trail at your fingertips.
Create reports that drive decisions
Stop losing hours piecing together spreadsheets. With all your data in the AI tool for procurement, you can create custom reports that focus on what matters most.
- Track budgets, orders, and spending trends with over 150 data points at your fingertips.
- Filter and customize reports to zero in on key departments, projects, or suppliers.
- Export reports from the AI procurement software solution to Excel with one click or push data straight to your BI tools.
INSTANT SYNCING
Our AI procurement software will seamlessly fit into your tech stack
Precoro integrates with top ERP systems, accounting tools, and other business solutions, as well as PunchOut catalogs, to make your procurement faster and your financials spot-on. Got another system in mind? Сonnect it to Precoro via an API.
Need something custom?
Use our API or let Precoro build a tailored integration for you.
AI procurement software built for growth
Precoro takes on repetitive tasks so your team can focus on what really matters: scaling faster and saving more.
Quick to launch, easy to adopt
Fast setup, zero IT involvement, and a clear design mean your team won’t waste time figuring out the AI procurement software; they’ll get straight to work.
Built-in data protection
Our AI procurement solution keeps your data safe with role-based access, audit trails, and compliance with GDPR, SOC 2, and HIPAA. AI doesn’t have access to your company data, and you control what info it can work with.
Mobile procurement made easy
Use a dedicated mobile app to manage purchase requests, track orders, approve invoices, and create expenses with AI. Stay in control with procurement AI software even when you’re away from your desk.
Centralized control for business units
Manage budgets, purchases, suppliers, and spending for every location or subsidiary in one AI procurement platform. Precoro keeps multi-entity purchasing simple, connected, and under control.
FAQ
Frequently asked questions about AI/ML procurement technology
READ, LEARN, APPLY
Navigating AI procurement technology
Our blog breaks down how AI can take procurement from reactive to strategic with real-world examples and actionable advice.
DEEP DIVE
The complete breakdown of our procurement AI software
Learn how our machine learning procurement software helps organizations of different industries and sizes. Explore its full range of features and see how it stacks up against other tools.
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.
Precoro vs. Procurify
Compare the features and ratings of Precoro and Procurify to find out which best suits your needs.
Precoro vs. Tipalti
Find out how Precoro and Tipalti compare with a full feature overview.
Precoro vs. Coupa
See what Precoro and Coupa have to offer for businesses of various sizes.
Precoro vs. Zip
Delve into how Precoro and Zip address procurement challenges for companies with different needs.
Precoro vs. Kissflow
Learn the distinctions between Precoro and Kissflow and choose what fits your requirements.
Precoro vs. Order.co
Explore the key differences in value and functionality between Precoro and Order.co.
See how Precoro fits into your team's workflows
A personalized demo, built around your team’s challenges, led by experts who understand what matters.
