Precoro

Founded by Andrew Zhyvolovych in 2015

Manage company purchasing, approvals, invoices, and payments in one place

Cost

Demo

Rating

★ People love it

Time to value

Quick Setup (< 1 hour)

You can use Precoro to centralize and automate the entire procurement process across multiple locations or business units. It handles purchase requests, purchase orders, invoice processing with AI data extraction, vendor management, budget tracking, and payment execution. Teams can submit requests via mobile or web, route approvals automatically based on custom rules, match invoices to orders, and pay vendors directly inside the app without switching to banking tools.

What Precoro does

Submit purchase requests with guided intake forms on mobile or desktopSet up automated approval routing rules without writing codeMatch incoming invoices to purchase orders and receipts automaticallyTrack real-time budget availability by department or projectPay vendors directly via ACH, wire, or international transferDetect and block duplicate invoice payments before they are processedGenerate procurement reports broken down by supplier, category, or locationOnboard new vendors through a self-service supplier portalAI agent extracts data from invoices and creates digital records automaticallyAutomatically matches invoices to purchase orders and flags discrepanciesPay vendors via ACH, wire, or international transfer directly inside the appCustom approval workflows route documents based on department, amount, or project without codingPunchOut catalogs let employees shop from approved vendor stores while keeping control over pricingReal-time budget tracking with alerts before overspending occursSupplier portal where vendors can update their own product catalogsDuplicate invoice detection before payments are processed