Precoro is a cloud-based solution for procurement centralization & automation. It unifies your procurement operations, eliminates manual work, prevents maverick spend and drives savings — faster than you think. Save 5% of every dollar spent by centralizing procurement data, identifying cost-saving opportunities, and eliminating duplicated payments. Procurement: Build stronger relationships with suppliers, store contracts, and simplify requests for employees. Gain full visibility into spending, manage POs, orchestrate approval routings, and collaborate with suppliers in one tool. - AP Automation: Save time at each stage of invoice processing with AP inbox, AI-powered OCR, approval workflow, 3-way matching, reporting, integrations, and budget control. - Spend Management: Seamlessly navigates budgets across locations and departments, manages expenses, and generates reports for insightful analysis. Monitor budget usage to leverage data-driven insights that enhance business profitability. - Supplier Management: Automate vendor onboarding and approval to mitigate possible risks. Utilize a supplier portal for efficient communication and manage supplier information in a centralized repository. - Connect Precoro with ERP systems and business tools like NetSuite, QuickBooks, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling. Precoro’s intuitive interface ensures painless onboarding without IT involvement. Customize, scale, and manage operations with ongoing support from your dedicated Customer Success Manager (CSM). Keep all your data secure with SSO and reliable 2-factor authentication. Our privacy compliance program aligns with the General Data Protection Regulation and the California Consumer Privacy Act. Moreover, Precoro is SOC 2 Type II compliant, ensuring the utmost protection for all your sensitive data.