Explore Precoro's features
Spend management software for cards, employee expenses, and supplier spend
Stop pulling together card statements, expense receipts, and supplier invoices from different tools. Precoro tracks all company spending in one place and checks it against the budget in real time. You’ll always see who spent what, when, and why in our spend management software, on the web or in the mobile app.
Issue virtual cards
Process with AI
Track spending
Pay suppliers
Your confidence in spend management starts here
See it, control it, save it—all your spend in one view.
Unified spend control
Whether you have three teams or thirty, you can centralize spending under one spend management platform. Use customizable workflows, budgets, and reporting for each department to catch every opportunity to consolidate and save.
Policy becomes practice
You set the rules, and Precoro helps your team follow them without extra reminders. Requesters pick from approved suppliers and catalog items, and every purchase goes through the right approval workflow before money is committed.
No more blindsides from last-minute bills
Instead of chasing down expenses after the fact, you get real-time alerts that flag costs early. Precoro connects your purchase requests, POs, invoices, and payments in one system, so you get a full audit trail.
The only spend management software mid-sized companies need to stay in control and under budget
850+ ratings across the web
Hand off the busywork, not the control
Let AI take care of routine procurement work while your team keeps the final say. You set the rules, and AI Crews handle the repetitive tasks using clean data and full context.
Catch purchasing needs early, before they become spend. Employees get a simple way to request goods and services, and finance sees and controls demand from the start.
Intake Agent
Quote Processing
Get the most from bulk orders and preferred suppliers. Purchasing Crew groups requests, compares buying options, and routes approved demand to the right vendors.
Approval Agent
Purchasing Agent
PO Processing
Receipt Processing
Handle more invoices with less work. Routine invoices automatically go through verification, matching, and payment, and your team steps in only when something really needs attention.
Invoice Processing
Expense Processing
Credit Note Processing
Invoice Extraction Agent
Matching Agent
Payment Agent
Make supplier decisions based on facts instead of scattered notes. Keep track of contract terms, assess supplier performance, and catch risks before they hit your business.
Contract Agent
Supplier Analysis via AI Assistant
Turn centralized data into clear next steps. Find savings opportunities, spot process bottlenecks, catch emerging risks, and understand where your spend is heading.
Spend Analysis
Bottleneck Detection
Spend Forecasting
Risk Insights
SPEND MANAGEMENT AND MORE
End-to-end spend management solution covering procurement, payments, and spending cards
Smart spending starts with guided procurement. This is what that looks like.
Control budgets and catch overspending before it hits the bottom line
Create and manage budgets across teams, projects, or entities—and instantly see what's been requested, approved, and spent. Set custom limits, get alerts before overspending happens, and stay on track without manual effort in one spend management solution.
Simplify procurement with trusted suppliers and catalogs
Teams buy only from pre-approved suppliers using curated catalogs. Every request goes through a guided process in one spend management platform with product catalogs, built-in budget checks, and auto-routing for approval. You’re no longer stuck policing purchases or chasing compliance. Teams buy faster, smarter, and always from the right place.
Turn approved invoices into controlled payments
Pay suppliers directly from approved invoices in one connected workflow, without switching to banking tools or re-entering data. Every payment is created from verified invoice information with built-in checks that ensure only approved, matched invoices are processed. Choose the right payment method (ACH, same-day ACH, or wire) and keep full control over every outgoing payment.
See expenses that file themselves with Expense Processing
See the full picture of your company’s spending—past and present—across every team and project in one spend management platform. With Expense Processing, users can snap a photo or upload a file, and AI extracts the data and fills in expense fields. You’re no longer buried in receipts or manual entry—just fast, clean expense data.
Simplify employee expenses and spend control with spending cards
Replace out-of-pocket spending and manual reimbursements with prepaid virtual spending cards for business purchases. Issue cards in minutes and gain real-time visibility into every transaction. Finance can track every purchase as it happens, while employees pay for business expenses without delays or extra paperwork.
Never miss a beat with subscription management
Track every recurring payment and subscription in one spend management platform. Get automated renewal reminders and avoid unexpected charges or missed cancellations that eat into your budget.
Use AI-powered AP automation that works behind the scenes
Precoro's AI pulls invoice data from emails and uploads, and creates a pre-filled draft for you to review. It even handles non-standard invoices sent as raw text, links, or spreadsheets. The Matching Agent finds the right PO for each invoice, even when details are missing or don’t line up, and the invoice then moves through your approval workflow. Sync with your ERP, keep a full audit trail, and control spend from request to payment in one spend management solution.
Keep supplier data clean and up to date
Precoro keeps vendor details, contracts, certifications, and payment terms in one place, so nobody has to dig through emails or spreadsheets. The Contract Agent reads up to 50 contracts at once, pulls out key dates, terms, and risks, and answers questions like "Can we terminate before renewal?" To check vendor performance, ask the AI Assistant specific questions like, "Which suppliers delivered late more than twice this quarter?"
EXPLORE SPEND WINS
Here’s how an optimized spend management solution looks in action
Read how the business spend management platform turned messy spend into a clean strategy, cut costs, and strengthened procurement compliance for companies like yours.
100% global control over spending
“It [Precoro] has given everyone peace of mind that one trusted system [among spend management applications] will handle the procurement workflow with good audit capabilities.”
– Jacques du Toit, Business Systems Manager
95% adoption across employees and leadership
“We're not a big pharma or finance organization; we don't need these big [spend management tools]. There were many conversations around using Google Sheets, but it can't do what we need if we want transparency and real control over spending.”
Business Project Lead
76% YoY growth achieved with Precoro
“Precoro helps drive accountability for budgets and ensures that employees and managers are aligned on where our dollars are being utilized.”
Rex Hamilton, Chief Financial and Operating Officer
12 locations benefit from centralized procurement
“Precoro gave us visibility and control over the multi-branch spending of our organization, [no other spend management applications needed].”
Barend Liebenberg, Procurement Manager
BENEFITS FOR STAKEHOLDERS
Unlock smooth team collaboration through spend management software
Precoro makes spend management easier for everyone involved.
CFOs
You can’t steer the company if you don’t know where the money is going, or where it’s heading. You’ll see spending by department, vendor, and project, a forecast of upcoming cash outflow, and early warnings on budget and vendor risks. You can make financial decisions based on current data instead of last month's spreadsheets.
Finance managers
Closing the books shouldn’t feel like detective work. With Precoro, every purchase, approval, and budget update is tracked in one place. You can spot issues early, avoid overspending, and finish month-end faster with clean, audit-ready data.
Procurement managers
When teams buy off-policy or from random vendors, savings disappear. Precoro helps you guide purchasing in the right direction—centralized, compliant, and trackable. Consolidate spend, stick to contracts, and gain the data you need to drive real value.
Accounts payable (AP) team
Chasing missing POs and retyping invoices wastes your time. Invoices sent by email or uploaded arrive as pre-filled drafts, including those in non-standard formats. Each one is matched to the right PO, even when details don't line up, so you only step in when something needs your attention.
Department heads and project managers
Your team needs things quickly, but you’re still responsible for the budget. Approve requests from your phone, Slack, or email so purchases don’t sit waiting for you. See what’s been requested, approved, and spent against your department or project budget in real time, with clear order statuses in the spend management tool.
IT managers
You don’t want another tool that’s hard to manage. Precoro is easy to roll out, cloud-based, and integrates with your existing systems.
PLUG-AND-PLAY-INTEGRATIONS
Unify your entire spend process across systems in just a few clicks
Precoro fits right into your existing finance stack: QuickBooks Online, Xero, NetSuite, Sage Intacct, and more. It automatically syncs purchase orders, invoices, and expenses, so you ditch manual entry and spreadsheet headaches. And the result? Real-time budget visibility, fewer errors, and faster month-end closes.
Need something custom?
Use our API or let Precoro build a tailored integration for you.
HEAR FROM OUR USERS
Why mid-sized companies choose our spend management platform
Hear how Precoro helped organizations finally see where their money goes—and save more.
Just what we need as a business. Reviewing our forecast budget for the month, we can track actual expenses against the budget. A perfect [spend management] tool for guiding our operations in terms of spend. An easy flow process makes it easier for me during external audit control testing and documentation. I must admit that Precoro and QB sync well.
The Precoro mobile web version and approval from email allow me to do it from anywhere. Additionally, we now have real-time visibility into our spending on each budget. In just a few weeks of using Precoro, we saw tremendous improvement in our process, especially around budgets and approvals. We use QuickBooks for accounting, but it was a struggle because we didn't know how much was left in a specific budget and if it was okay to approve a request or not. It wasn't very easy for us. We were looking at various [spend management solutions], but many services were either unfriendly or lacked the necessary functionality. I'm thrilled that we've found an excellent, automated, and integrated QuickBooks solution—Precoro!
Precoro is very easy to use compared to other [spend management software companies] on the market. The UI is clean. I love using the graphs from the 'Reports' to keep track of the spending for my project.
Precoro is a great option for a comprehensive and user-friendly tool to streamline our purchasing and track our spending. I particularly appreciate the ease with which we can add vendors, create and manage purchase orders, and track payments. The interface is straightforward to navigate, making it a great [spend management provider in the USA] for busy professionals.
The thing I enjoy most about the software is Precoro as a whole. It is how much the [spend control software] adapts to the growing needs of our organization. Allowing us to manage the PO and PR approval process and digitally monitor budgets on a digital [spend management] platform. Precoro has provided greater visibility of our spending across projects, suppliers, and locations. It has significantly improved our Purchase order process and provided user-friendly reporting functionality.
My favorite part about using Precoro [the procurement spend management software] was that it offered a lot of transparency in the organization's spending through detailed visual representation. I like that it provides transparency, bundling together all the information about purchase orders made, the person who approved it, visual analytics on departmental spending, amounts, among other information, and all the detailed information is found in one place.
Until Precoro, we used Excel & email to create and track requests. There were often delays in delivering goods to the project site. The procurement manager didn't understand whether the goods had already been delivered. It wasn't easy to track the approval status of requests by mail. There weren't clear reports on spending. We now have automatically generated reports, which are compiled from numerous custom fields. [The business spend management software] is an excellent ground to control your spending. We got rid of Excel, and procurement managers are satisfied with simplifying their work. Tracking invoices during all levels of the cycle is one of my favorite features. The customer support team is supportive and very kind.
Top-ranked year after year
Turn spend challenges into wins with Precoro
Here’s how Precoro addresses the most common spend management challenges.
Finance teams frequently struggle with fragmented data and manual spreadsheets. As a result, businesses face inaccurate budget forecasts and unexpected cash shortages.
Precoro brings purchase, invoice, and expense data together in one place, so your forecasts start from complete, current numbers. AI projects upcoming cash outflow and flags budget and vendor risks early.
Employees skip or delay approvals because manual purchase requests are slow and approval chains are confusing. As a result, they end up with unauthorized spending and compliance risks.
Our business spend management software automatically routes purchase requests, POs, and invoices, records approvals with timestamps, and stops unauthorized spend before it happens. Precoro ensures compliance like no other spend management platform.
If managers can’t monitor team spending in real time, they may overlook a sudden jump in travel costs or unused marketing funds. That’s why they can’t adjust budgets before the month-end reports are locked.
Precoro’s dashboards display real-time budgets and pending requests by department, project, and category. Approvers review spending and pause over-limit requests in one spend management software, while finance teams create custom reports to spot and fix issues early.
When spending data is scattered and unorganized, companies struggle to track total supplier spend and contract details. This uncertainty weakens their ability to negotiate better pricing, consolidate orders, or optimize supplier relationships.
Precoro shows your total spend with each supplier and uses AI to rate them on reliability and performance. The Contract Agent pulls terms from supplier agreements, flags risks, and alerts you before expiration. You’ll go into every renegotiation knowing your volume and leverage.
Paying more than you should often goes unnoticed. Without a clear price baseline, companies can't tell which purchases cost too much or which suppliers deliver real savings.
Set baseline prices for the items you buy, and Precoro's Savings dashboard shows how much you save for each purchase order. You’ll see your monthly savings rate and which suppliers offer you the best prices.
Employees use personal cards for business expenses, then submit reimbursements later, leaving finance with delayed visibility into company spending. This adds manual work, weakens budget control, and makes overspending harder to catch early.
Teams use prepaid virtual spending cards for work-related expenses instead of paying out of pocket. This makes spending easier for employees while giving finance teams real-time visibility into every transaction.
The spend management solution your team will actually use
Precoro’s not just about features—it’s about how it clicks with your everyday finance workflow.
Ease of setup and use
Get started in weeks, not quarters. Precoro lets you create custom approval workflows, set GL coding rules, and manage user roles all by yourself—no developer or IT needed, and no complicated onboarding.
Mobile-ready control
Stay in control anywhere. With Precoro’s mobile app, managers and execs approve requests, POs, and invoices on the go—no desk required. Ideal for remote teams and leaders on the move.
High-level data security
From secure logins with SSO and 2FA to airtight data protection, we build trust into every spend. Precoro is fully compliant with GDPR, CCPA, and SOC 2 Type II—so your sensitive information stays safe, compliant, and audit-ready.
Customer-centric approach
Your pain points become our roadmap. Precoro delivers bi-weekly updates packed with features inspired by real user feedback—from automating expense coding to smarter approval routing. Your voice shapes what comes next.
Dive deeper into spend management solutions
Discover how nine simple steps in spend management can turn fragmented expenses into full financial control.
Company Spend Management | 9 Simple Steps
Company Spend Management | 9 Simple Steps
FAQ
We’ve got answers to all your spend management questions
PROCUREMENT BLOG
Learn more about spend management
Discover how to cut costs without cutting corners and stop maverick spending with spend management software. Find more actionable advice for budget control on our blog.
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