Precoro offers a full procure-to-pay suite for small and medium-sized businesses, as well as inventory management and tracking. They build transparent automated spending workflows that unify an organization’s purchasing activities in one platform and help procurement gain full visibility into and control over company spending.
Precoro is a US-based company offering a full procure-to-pay (P2P) suite.
Their solution focuses on providing user-friendly software to small and medium-sized businesses. It features workflow automation for PRs, POs, and approvals. Furthermore, it provides a budget management dashboard and overall reporting.
The platform’s 3-way matching (of POs, receipts, and invoices) ensures minimum discrepancy across the user’s enterprise.
The platform also offers inventory management and tracking, as well as solutions for supplier and user management. Precoro can also be integrated with other solutions such as QuickBooks Online, Xero, NetSuite etc.
Product Strengths
2.5x faster document approvals
Up to 10% purchasing budget savings annually
100% spending visibility
80% less manual data entry
Various accounting and business tools integrations
