Perfect purchasing software to make the buying process as easy as ever
If you’re looking for a tool to consolidate purchasing operations, look no further! Precoro is a comprehensive purchasing software that covers A to Z of the P2P process.
Make no mistakes and purchase smartly with Precoro
Whether you buy raw materials, finished products, or services, purchasing software can help you receive them with ease. Here are some ways that Precoro features help users overcome their pain points.
Avoid mistakes in documents
With documents prefilled and generated automatically, there’s no risk of human errors or typos. Configure the templates in Precoro once and fill in the data about companies and items; that’s half of the job done.
Redesign unclear workflows
Everyone involved in the purchasing process has a role to play. With Precoro, purchasing and accounting teams have full visibility of the process with and a clear understanding of every step. They can track the progress of the purchase step-by-step so that everyone knows when to get involved.
Minimize unnecessary time investments
Purchasing transactions can take too long when the same things have to be done over and over again. Tasks like filling in company information, describing the items, and creating and sending purchase orders can all be automated. The automated purchasing process requires employees to dedicate less time to these regular tasks and frees them up for more strategic ones.
Reduce communication noise
In a manual purchasing process, documents are sent via emails or even handed down as printed copies. As a result, orders and invoices often get overlooked or lost, causing missed deadlines and penalties. With Precoro, all documents are available in the system and on the Supplier Portal for the company’s users and suppliers.
Eliminate data safety risks
If documents and purchasing details are communicated via emails or on hard copies, there’s a serious danger of information leaks — either accidental or fraudulent. Precoro is a GDPR and Soc 2 Type II compliant cloud-based software that guarantees data safety. In addition to this, the app supports multi-factor authentication and SSO, so every user account is well-protected.
Maximum efficiency with minimum effort
Precoro’s functionality covers all kinds of purchasing tasks. Instead of manual purchase management, employees can automate their daily routine and channel productive energy elsewhere. The tool takes care of most tasks and notifies you when it’s time to get involved!
Precoro streamlines the purchasing cycle step by step
Purchasing software comes in handy at every stage of the purchasing process. With the right tool, P2P flow is smooth, fast, and error-proof.
Purchase requisition
PR is automatically generated and sent for manager’s approval; everyone involved gets notifications.
Selecting the supplier
Selecting the supplier is quick and easy from the database in the Supplier Portal.
Purchase order creation
PO is automatically generated and sent for approval; everyone involved gets notifications.
Sending PO
Upon internal approval, PO is automatically sent to the supplier via email or in the Supplier Portal.
PO confirmed
When the supplier confirms the PO, its status automatically changes in the system.
Prepaying the order (if needed)
Complete information is available to the accounts payable team in real time.
Receiving and inspecting
Receipt is generated automatically, and the accounts payable team is notified about the results.
Three-way matching
An overview of all related documents is available directly in the PO, invoice, or receipt.
Paying the order
PO’s status changes automatically.
Optimized purchasing process with Precoro
less data entry
faster approval process
fewer duplicated payments
Don't take our word for it
Purchasing software that completes your technology stack
Precoro maximizes the efficiency of the purchasing process by supporting direct integrations with accounting, ERP, and business tools.
Fisher Scientific PunchOut
Automate procurement of laboratory equipment, chemicals, and supplies by accessing Fisher Scientific’s full catalog directly from Precoro.
Grainger PunchOut
Simplify the process of purchasing industrial supplies by shopping directly in Grainger and having all item details automatically imported into Precoro PO or PR.
Sage Intacct
Simplify accounting with automated sync of invoices, suppliers, payments, and more between Precoro and Sage Intacct.
QuickBooks Desktop
Integrate Precoro with QuickBooks Desktop to sync invoices, payments, GL accounts, and tax codes seamlessly.
QuickBooks Online
Send orders, bills, and vendors from Precoro to QuickBooks Online automatically.
Xero
Sync POs, invoices, and supplier info from Precoro to Xero accounting software.
Top 6 questions about purchasing software answered
What is purchasing software?
Which software is used for purchasing?
Which factors should be considered when selecting purchasing software?
Does Precoro offer training and support?
Can Precoro be customized to meet our business’s changing needs?
Is it possible to integrate Precoro with our current systems?
Read more about the purchasing process and find useful tips for managing it
In our blog, we discuss the entire procurement process and how companies can improve theirs. Whether you want to learn about general operational efficiency, find tips for effective supplier management, or read industry-related case studies — head on over to learn more.
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