Precoro
VerifiedMay be outdatedWhat is Precoro?
Precoro is a cloud-based procurement software designed to centralize and automate purchasing processes for organizations of all sizes. By unifying procurement operations, it eliminates manual tasks, prevents unauthorized spending, and facilitates cost savings.
Users can manage purchase requisitions, approvals, purchase orders, and invoices within a single platform, ensuring full visibility and control over company spending.
Key features of Precoro include customizable approval workflows, real-time tracking of procurement documents, and AI-powered Optical Character Recognition (OCR) for efficient data entry.
The platform also offers supplier management tools, allowing businesses to build stronger relationships with vendors and store contracts centrally. Additionally, Precoro provides budget management capabilities, enabling users to monitor expenditures across departments and identify cost-saving opportunities.
Precoro seamlessly integrates with popular ERP and accounting systems such as NetSuite, QuickBooks Online, Xero, and Sage, as well as offering a free API for custom connections. This ensures smooth data synchronization and eliminates duplicate payments. The platform’s intuitive interface allows for onboarding in under six weeks without IT involvement, and users receive ongoing support from a dedicated Customer Success Manager.
To safeguard sensitive data, Precoro employs Single Sign-On (SSO), two-factor authentication, and complies with privacy regulations like GDPR and CCPA.
Pricing
Starting at $499/month · Subscription
Features
71 features that make Precoro stand out.
- Purchase Order Management
- Vendor Management
- Budget Tracking
- Catalog Management
- Compliance Monitoring
- Approval Workflows
- Contract Management
- Document Storage
- Expense Categorization
- Supplier Onboarding
- Real-Time Reporting
- Requisition Management
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