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E-Procurement Process Optimization

The best teams use Precoro to eliminate manual work and streamline their purchasing processes, save time and money, and focus on what matters.
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Companies from 67 countries use Precoro

Forget about delays in approvals, Purchase Orders in Excel, and manual reports

Requisition, Ordering, Billing, and Other Procurement Procedures

Organizations to assess their purchasing processes and invest in what they consider to be the best e-procurement tools for their needs. Procurement involves identifying and anticipating goods and service needs. It also involves evaluating potential suppliers before selecting one. The best way for your business to achieve this is by using cloud-based Precoro, a procurement software that hundreds of companies rate highly for e-procurement process optimization.

Approval Workflow

Making your business adopt Precoro for the e-procurement procedure offers lasting benefits such as improving communication with suppliers and within the organization. The latter is essential to enhance approval workflows. E-procurement cycle automation means there’s no fear of losing paperwork. There’s also no fear of waiting endlessly for approvals to come from someone not within the office premises. They can append their digital signature from wherever they are.

Reporting

Precoro reporting is a great way to monitor supplier performance. It can help determine if they can continue to supply a particular product your business needs. Visual or custom reports will show up suppliers who consistently fall behind on delivery times or quantities. Continuous measurement is vital to know which suppliers are making positive contributions to your business goals. Would you instead tolerate a supplier holding your business back from growing than investing like other businesses and use Precoro to significant effect?

Spend 75% Less Time on Spend Management and Procurement Operations

The stages of e-procurement cycle optimization vary from one organization to another. The determining factor is whether the purchasing department is sourcing a brand new item or not. It also depends on the presence of a detailed approval workflow for purchases beyond a specific dollar amount. Regardless, your teams should review existing purchase contracts for compliance to ensure they are getting the best possible deal on the products and services you mostly use. Once upon a time, preparing and managing essential purchasing documentation took a lot of time. Precoro has helped many of them optimize the flow of documents to lower costs and the amount of paperwork handling necessary for all purchases. That’s something you’ve been missing, resulting in 75% more time spent on tasks of little strategic value. Precoro helps teams manage the flow of documents through automation and generating and transmitting all purchase documents to suppliers. The cloud-based platform will speed up the e-procurement process. Why not get started right away.

Trusted by hundreds of businesses

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Precoro successfully integrates with your accounting software

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Join 1000+ companies accelerating purchasing with Precoro
  • Precoro had the best price point on the purchasing systems market. Other systems that we looked at had either too many or not enough features. It is also significant that the system is easy to learn and use. Our dedicated manager got us onboard in less than 2 weeks.
    Bill J.
    Bill J.
    VP of Finance and Administration
  • We started using the system with only one department and then gradually added four more. Precoro helps us with managing the company’s budgets and matching Invoices against Purchase Orders so we can focus on strategic tasks.
    David G.
    David G.
    CFO
  • We had been using Google Sheets to track Purchase Requests, and it caused us lots of problems because of manual mistakes. Precoro streamlined the process around requisitioning and approval workflow. As a result, it decreased downtime in our labs, so we get what we need to do our job faster and on time!
    Martin M.
    Martin M.
    Head of Technology
  • Precoro is easy to implement and user-friendly tool. It offers more than a set of basic features to help run the business.
    Bachir S.
    Bachir S.
    VP of Finance