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Precoro

Score9.5 out of 10

22 Reviews and Ratings

What is Precoro?

Precoro is an Agentic Procurement & AP Centralization Platform that eliminates time-consuming manual procedures and human error, automating operations and centralizing purchasing processes. Precoro AI Crews cover intake to payment, inside each company's own workflows and rules, so procurement and finance teams can scale output, not headcount. Precoro enables users to:

  • The Purchasing Crew lets users approve documents from any device using email or Slack notifications, streamlining approval workflow by adding as many steps as needed and assigning specific roles to colleagues.
  • The Spend Intelligence Crew tracks discounts against the purchasing budget to prevent overspending, increases cash flow transparency by monitoring corporate expenses (including reimbursements), and provides analytics and reports for procurement strategy planning.
  • Users can create, approve, and track POs, or transfer orders from Amazon Business via Punch-in, with the Purchasing Crew. The Supplier Management Crew handles suppliers, item catalogs, and inventory.
  • The AP Automation Crew connects Precoro with an ERP and other business tools through ready-made integrations (NetSuite, QuickBooks, Xero) or its API, helping avoid duplicated payments and manual document matching.
  • Data is kept secure with SSO and 2-factor authentication.

Precoro's interface is designed for straightforward onboarding without long-lasting training. Customers get advisory and support from a personal CSM whenever needed, with access to all features and regular updates included.

Precoro's core values include:

Ease of Use: Precoro's interface is designed to bring a company's procurement operations onto one platform with a straightforward setup process.

Payment Automation: Vendor payments are made safely and directly from the platform, with every payment backed by a matched and approved invoice, handled by the AP Automation Crew.

Mobile-Friendliness: The Precoro mobile app is compatible with both iOS and Android devices, giving access to key procurement processes from a smartphone.

Simple Implementation: Precoro can be set up with the help of a CSM and used for years, with a guided switch from a company's current procurement management method.

Lifetime Support: Includes real-time procurement advisory and support from Precoro experts.

Flexibility: Precoro can be adjusted to a company's needs, with an unlimited number of custom fields at no extra cost.

Videos

Screenshots

Screenshot of AI-powered OCR
Screenshot of a Purchase Order: approval information, live budget information, and Supplier info
Screenshot of the configuration interface
Screenshot of a view of the dashboard
Screenshot of Budgets
Screenshot of the item catalog
Screenshot of an approval workflow, for all document types
Screenshot of Reports
Screenshot of Supplier management

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Screenshot of AI-powered OCR

Product Demos

Technical Details

Technical Details
Deployment TypesSaaS
Mobile ApplicationApple iOS, Android
Supported CountriesAustralia, Canada, Europe, United Kingdom, United States, Asia
Supported LanguagesEnglish, Spanish, French, German

FAQs

How much does Precoro cost?
Precoro starts at $5988.
What are Precoro's top competitors?
Procurify, ProcurementExpress.com, and Tradogram are common alternatives for Precoro.
Who uses Precoro?
The most common users of Precoro are from Mid-Size.