PLATFORM CAPABILITIES

Payment automation built directly into your procurement workflows

Centralize every step of procurement and invoice payments on a single platform. Manage spend from request to payment, apply approvals and budgets upfront, and remove the mess of disconnected tools and manual reconciliation. With built-in automation, only verified invoices get paid in Precoro.

PROVEN. RATED. RECOMMENDED.

Master your spend with an industry-leading P2P centralization platform

1000
+
customers
$
150
B
spend managed
80
+
countries
SCALABLE FINANCE CONTROL

Payment automation with full spend governance

Stop babysitting payments and get the strategic value your business needs to scale. Automate approvals, eliminate chaos, and ensure money moves only when it should: clean, fast, and fully under control with payments built directly into a unified P2P workflow.

Get flexible control for fragmented payments

Every invoice payment in Precoro follows an approval chain before processing. Set rules by amount, department, or location to ensure proper sign-off.

Lower the real cost of invoice payments

Manual processing has hidden costs. Payment automation software cuts them — it reduces rework, late fees, duplicate payments, and time spent chasing approvals.

Get 360-level visibility to plan ahead with confidence

Track approved, pending, and overdue payments in one dashboard in the invoice payment system. Don’t make stakeholders guess about spend updates.

FLEXIBLE BY DEFAULT

Pay vendors the way that works for both sides

Precoro's vendor payment automation supports the payment methods your suppliers already expect. ACH transfers, international wires, or virtual cards — all initiated inside your invoice payment software and automatically synced with your accounting system upon approval or when needed.

ACH

Domestic payments don’t need to be complex. Initiate ACH transfers directly from Precoro’s invoice payment system, skip banking portals, and automate reconciliation so AP and ERP stay in sync.

Same-day ACH

When approvals are late and deadlines are tight, same-day ACH gets invoices paid today. No bank calls or manual steps — the workflow knows it’s urgent, and supplier payment automation handles the rest.

Wire transfers

For a large invoice payment, wire transfers provide accuracy where it matters. Store supplier banking details once, tie them to the vendor profile, and reuse them every single time — no errors or rework.

International payments

From Germany to Singapore — your invoice payment software shouldn’t slow down payments. Precoro processes cross-border payments in your workflow, in the correct currency, without extra portals or delays.

END-TO-END PAYMENT CONTROL

Seamless payment automation from start to finish

Watch how Precoro turns invoice-to-pay into a fully structured step-by-step workflow that runs without spreadsheets, manual matching, or disconnected approvals.

01
01
Invoice appears

Turn invoices into structured data instantly

Upload a PDF, image, or forward an email to Precoro's AP inbox and let Gemini AI handle the rest — no manual entry required.

  • Intelligent document processing for AP extracts supplier details, invoice numbers, dates, line items, and totals automatically with 98%+ accuracy.
  • Unrecognized suppliers are flagged on the spot before the invoice moves any further.
02
AI matches & auto-creates invoice

Let AI agent match invoices and build drafts in seconds

Once the data is captured, Precoro doesn’t wait for manual matching. AI agents connects the invoice to the right PO and generates a ready draft in seconds — your team just checks it.

  • AI agents cross-references invoices against POs using supplier name, tax ID, SKU, and item details — with fully customizable matching rules.
  • Ready-to-submit drafts automatically queue up. Unmatched invoices are flagged with a clear reason, not dropped into a review pile.
03
Invoice goes through approval

Route invoices automatically through approvals

Once matched, the invoice moves through a predefined approval workflow — every decision is logged within the invoice payment solution.

  • Approval rules route invoices by department, amount, location, or project — approvers see the matched PO, goods receipt, and budget before making a call.
  • Approve from desktop, mobile, email, or Slack. Built-in SLAs and automatic reminders keep invoice payment automation moving without gaps.
04
Pay approved invoices in Precoro

Pay and reconcile invoices in one flow right within Precoro

Once an invoice clears review, payment follows inside the same platform — no banking portal, no re-entered data, no separate reconciliation at month-end.

  • Initiate ACH, wire, or international payments from approved invoices and sync instantly with QuickBooks, Xero, NetSuite, or Sage — all within one payment automation solution.
  • Mark multiple invoices paid in a single action, with every payment traceable from request to confirmation — exactly what finance teams need at scale.
SEE IT FOR YOURSELF

From request to payment — the full process in action

See procurement and payments working together with near-real-time tracking in the payment automation software.

SPEND MANAGEMENT AND MORE

Finance-native procurement

Precoro centralizes your entire procure-to-pay process — so payments don’t happen in isolation, but as part of a fully controlled workflow.

Intake
Approve
Order
Receive
Invoice
Pay
Analyze
Manage suppliers

Structured intake from the start

Stop messy requests before they reach finance.

  • Every purchase starts in a guided intake that captures budget, purpose, category, and key details upfront.
  • Built-in rules, required fields, and templates keep every request consistent without slowing teams down.
  • Once submitted, requests are instantly routed to the right approval flow of invoice payment automation.
  • Finance sees the reason behind the spend before it becomes a PO or invoice.

Approval workflows that run on rules, not reminders

Approvals move on autopilot.

  • Requests are routed based on predefined conditions — budget, department, project, or role — with no chasing required.
  • Approvers see full context in one view: what’s being spent, why it matters, and remaining budget.
  • Decisions happen faster because nothing is missing.
  • Every approval is recorded, so there’s a clear audit trail.

Purchase orders aligned with approved spend

Turn approved requests into purchase orders instantly.

  • Every PO follows a defined structure — supplier, budget, project — so spend stays locked from the start.
  • Blanket POs and templates reduce repetition for recurring purchases.
  • Approved catalogs and PunchOut connections guide employees to the right items and suppliers before the order is placed.
  • Ordering stays consistent across teams and categories.

Receiving matched to orders

Close the gap between what was ordered and what arrived.

  • Every delivery is recorded against its purchase order in real time.
  • Teams confirm quantities and details at the point of receipt.
  • Partial deliveries can be tracked without losing visibility into the full order.
  • No assumptions, no discrepancies — only verified goods and services.

Invoice processing with automated matching

Invoices don’t require manual checking anymore.

  • After the AI-powered capture, invoices are automatically matched to purchase orders and receipts.
  • Anything that doesn’t align is flagged before approval.
  • Duplicate invoices are detected automatically.
  • Finance only reviews exceptions, not every line item.

Controlled and traceable payments

Only approved, validated invoices move into payment workflows or ERP systems.

  • Every payment is linked back through the full chain — request, approval, receipt, and transfer.
  • Unapproved or unmatched invoices don’t move forward by default.
  • Full traceability is available by default, not manually assembled.
  • Every transaction is audit-ready at all times.

Real-time spend analytics

Stop waiting for outdated reports.

  • All spend data updates in real time on a single dashboard, in Precoro’s payment automation solution.
  • An AI assistant highlights insights, risks, and budget trends.
  • Procurement can easily identify duplicate purchases, supplier concentration, and off-contract spend.
  • Teams can track spend by supplier, project, or category and react before overspending happens.

Centralized supplier management

Manage supplier data, contracts, and activity in one place through a Supplier Portal.

  • Supplier onboarding runs smoothly with standardized registration forms and approval workflows.
  • Supplier data, contracts, and activity are stored and maintained in one place.
  • Every interaction from onboarding to payment is tracked.
  • Teams always have a complete view of supplier relationships and performance.

PLUG-AND-PLAY INTEGRATIONS

Put your P2P stack on autopilot

From ERPs and marketplaces to analytics and communication tools, Precoro integrates with your existing systems to keep data aligned across platforms. Teams get a full audit trail of every step: who requested, who approved, what was delivered, and what was paid — all synced in real time.

Need something custom?

Use our API or let Precoro build a tailored integration for you.

PAYMENTS WITH A CONTEXT

Most tools just help you pay. Precoro ensures every payment is authorized. 

Processing an invoice payment and controlling one aren’t the same thing. Here's how Precoro's payment automation software stacks up.

Spend control point
Workflow structure
Spend visibility
Impact on operations
Fintech or AP tools

Controls come too late — after an invoice is received or payment is set up — when the purchase is already committed.

Precoro

Control starts at the request stage, long before any payment is made or order is placed. Every purchase is approved upfront, closing the gap between intent and execution.

Fintech or AP tools

Workflows are usually fragmented: fintech tools manage spend and transactions, while AP tools handle invoice processing, leaving a gap between the two.

Precoro

Precoro connects the full procure-to-pay flow in one place: request → approval → order → receipt → invoice → payment → reconciliation.

Fintech or AP tools

Visibility is partial and siloed — either limited to card transactions and spend data, or to invoices, with no view of the full purchasing lifecycle.

Precoro

You get end-to-end visibility across the entire lifecycle — from what was requested and approved to what was ordered, received, invoiced, and paid, all within one system.

Fintech or AP tools

Each tool improves its own step — fintech simplifies spending, AP tools speed up invoice payments, but neither reduces the underlying operational complexity across the full cycle.

Precoro

Precoro simplifies end-to-end procurement, reducing manual effort, preventing errors, and aligning every step from initial request to final payment.

REAL CUSTOMER RESULTS

Built for teams done with manual workflows

See how customers overhauled their payment processes and turned spend control into measurable results with Precoro's payment automation platform.

Switzerland
Biotechnology
11-50 employees

90% time saved on invoicing

Some systems include a full range of services. For example, Microsoft Excel can perform a thousand operations, but maybe I use only three of them. With Precoro, we're paying for what we need rather than for many things we don't need.

— Andrew Jefferson, COO at Ridgeline Discovery

England
Technology, finance
51-200 employees

7x faster month-end close

When I first joined the company, my month-end close would take about a month. I cleaned up the processes and got it to two weeks. Since introducing Precoro, though, I am able to complete month-ends in a couple of days.

— Daniel Chen, Financial Analyst

Kenya
Banking
1001+ employees

50 + branches with centralized P2P process

As we got more and more comfortable with [Precoro’s payment automation solution], we realized that, really, it was very easy to use.

— Rajen Satish Shah, I&M Finance Manager

South Africa
Transport & logistics
10,001+ employees

12 locations with full spend control

I would recommend Precoro for medium-sized businesses that are looking to centralize procurement operations across multiple entities.

— Barend Liebenberg, Procurement Manager at Bolloré

USA
Logistics & transportation
1,000+ employees

$100K in annual ERP license savings

Precoro has also helped us from a control perspective, which we didn't really do before. We're happy to move away from our homegrown tool and NetSuite to Precoro, where we can now manage budgets easily.

— Bryan Krauter, Accounting Director

UK
Financial services
10,001+ employees

increased on-time payments from 6% to 85%

Precoro, paired with a standardized process and the introduction of a “no PO, no pay” policy, has completely transformed how we operate. I think we've improved compliance, increased visibility, and strengthened the relationships with our suppliers.

— Barbara Meszaros, Transactional Finance Lead

WHY COUNT ON US

Payment automation built to deliver results

Don’t just take our word for it. Hear from high-performing teams that use Precoro to gain end-to-end control and clarity in their payment automation.

TRUSTED AND RECOGNIZED

Proven track record that speaks for itself

TOOL YOUR TEAM LOVES

The payment automation software your team will actually use

Precoro goes beyond features — it fits naturally into your day-to-day finance workflow, making procurement, approvals, and payments feel simple, connected, and under control.

Ease of use

Start automating payments in weeks, not quarters. Precoro simplifies payment workflows with intuitive setup, customizable approval chains, and built-in accounting rules, so your finance team can run everything independently, without heavy IT involvement or technical complexity.

Top-level security

Mobile-friendly

Purposeful AI

Scalability & customization

STILL CURIOUS?

See how payment automation and procurement span across industries

Check industry fit

FAQ

We’ve got answers to all your payment automation questions

What is payment automation?

What is invoice payment automation?

How does vendor payment automation work?

What are accounts payable payments?

What is the difference between invoice processing and invoice payment?

How can I automate supplier payments?

See how Precoro fits into your team's workflows

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