Procure-to-pay software designed for mid-sized companies with multi-entity operations

In our procure-to-pay software, teams easily submit purchase requests through guided forms with custom fields and dropdowns. Built-in and PunchOut catalogs make it easy to stay compliant and buy from the right suppliers. Requests are auto-routed for approval with full budget visibility. Then, you can automatically convert them into purchase orders (POs) with the right pricing, terms, and suppliers already in place. Plus, it’s easy to combine multiple requests into one PO to simplify buying and boost savings.

Stay on top of every purchase from start to finish. Our procure-to-pay system delivers complete order visibility and a clear record of each step. Need to check if something was approved, ordered, received, or paid? It’s all right there. You can spot problems instantly, skip the back-and-forth emails, and pull up the full history of any order whenever you need it.

Invoices are captured with AI-powered OCR that understands the business context of your documents and pulls critical details, like invoice numbers, vendor names, and payment terms, with total precision. Our procure-to-pay software catches duplicate invoices, performs 3-way matching, and flags errors to prevent fraud and protect your financial outcomes.

Pay approved invoices directly in Precoro without switching to banking portals or re-entering data. Every payment is created from a fully approved invoice with pre-filled supplier, amount, and bank details, removing manual steps and reducing the risk of errors or misdirected payments. Built-in controls ensure only validated invoices can be paid, keeping every transaction compliant, traceable, and fully audit-ready.

Allocate budgets for different periods, departments, locations, and projects, and track each in real time with a progress bar. Our procure-to-pay software solution displays available funds when users create and approve purchase requisitions, purchase orders, or expense reimbursements. Precoro also promptly notifies employees when they approach their spending cap and can automatically block requests that go beyond it.

Replace out-of-pocket spending and manual reimbursements with prepaid virtual cards for business purchases. Issue cards in minutes and stay on top of every transaction. Finance gets real-time visibility into all purchases, while employees spend without friction or paperwork.

Easily connect and collaborate with suppliers in real time on RFPs, purchase orders, and invoices through Precoro’s Supplier Portal. Quickly onboard new suppliers with customizable registration forms and supplier approval workflows. You can also use our purchase-to-pay software to securely store contracts and supplier data. Moreover, if contracts are about to expire, you’ll get alerts.

Store all contracts in one centralized repository and keep them connected to your suppliers, purchase orders, and invoices. Precoro’s Contract Agent automatically extracts key terms, obligations, renewal dates, and risks, turning agreements into searchable, structured data. Ask questions about specific contracts, compare terms across multiple agreements, and quickly find the information you need without manually reviewing PDFs. Contract Agent helps procurement, legal, and finance teams stay compliant, prepare for negotiations, and make decisions with full contract context.

Your team can shop directly from supplier websites while keeping all purchases within one procure-to-pay software solution. Buyers get accurate prices, product information, and availability—no manual uploads or outdated item lists. It’s a seamless way to ensure everyone’s buying from approved vendors on the right terms.

Instead of ordering goods that might already be in stock, employees can check current inventory levels directly in the procure-to-pay software. Moreover, it’s easy to submit a warehouse request and quickly obtain available items from storage. Our procurement-to-pay software securely logs all inventory consumption history and sends low inventory notifications to your warehouse managers so you never run out of stock.

Take control on the go with the Precoro mobile app. Review, approve, and manage purchases from anywhere, anytime, using our procurement-to-pay software. Whether you’re on-site, in transit, or working remotely, you’ll always have visibility and control over the procurement process. It’s fast, secure, and built to help teams move forward without holdups.

When you manage all things procurement and spending in one purchase-to-pay solution, you can easily access and analyze all the data. Create custom reports using 150+ data points and then export them into Excel format with one click. Whether you’re assessing supplier performance or analyzing spending across entities, accurate data is right at your fingertips in our procure-to-pay software.