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Streamline Procurement with Precoro – The Complete Spend Management Solution
Precoro is a comprehensive cloud-based tool designed to simplify and automate procurement processes for businesses. This spend management solution empowers organizations to centralize...
Streamline Procurement with Precoro – The Complete Spend Management Solution
Precoro is a comprehensive cloud-based tool designed to simplify and automate procurement processes for businesses. This spend management solution empowers organizations to centralize procurement data, save costs, and eliminate inefficient manual tasks. With features catering to every stage of the Procure-to-Pay lifecycle, Precoro transforms how companies manage expenses, supplier relationships, and approvals.
Why Use Precoro?
- Procurement Simplified: Precoro unifies procurement operations by enabling seamless purchase requisitions, purchase orders, supplier collaboration, and streamlined approvals, all in one place.
- AP Automation: Save time with AI-powered OCR, 3-way matching, automated workflows, and real-time budget tracking while generating insightful reports for better decision-making.
- Spend Management: Maintain complete visibility and control over expenses across departments and locations. Monitor budgets in real-time and discover cost-saving opportunities effortlessly.
- Supplier Management: Automate vendor onboarding and approvals. A dedicated supplier portal simplifies communication and centralizes vendor data for better management.
- Integration Efficiency: With integrations to ERP systems like NetSuite, QuickBooks, Xero, as well as API access, Precoro eliminates duplicate payments and manual documentation challenges.
What Sets Precoro Apart?
- Fast Deployment and ROI: Get up and running in 2 to 8 weeks, with tangible cost savings seen within months of implementation.
- User-Friendly Interface: Simple navigation ensures quick onboarding without IT involvement, making the platform accessible for all users.
- Mobile Accessibility: The iOS and Android apps allow users to manage procurement tasks effortlessly, anytime and anywhere.
- Lifetime Customer Support: Dedicated support with no hidden fees ensures users receive guidance and solutions quickly, elevating long-term satisfaction.
- Data Security: Implements robust security measures such as SSO, 2-factor authentication, and compliance with GDPR and SOC 2 standards.
Who is Precoro For?
- Small to Large Enterprises: Customizable workflows, scalability, and integrations make Precoro suitable for organizations of all sizes.
- Finance and Procurement Teams: From invoice processing to budget management, Precoro helps finance professionals stay in control of organizational spending.
- Non-Profits and Education: Simplify operational tasks while adhering to tight budgets, ensuring efficiency in resource management.
In summary, Precoro delivers a powerful set of tools to optimize the procurement process, promote cost savings, and eliminate inefficiencies. It’s perfect for businesses seeking an easier, faster, and smarter approach to spend management.
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Most frequent question about Precoro
Precoro includes features such as Purchase Order Management, Invoice Management, Budget Management, Approval Workflow, Supplier Management, Expense Tracking, Reporting and Analytics, Multi Currency Support, Multi Location Support, Mobile Access, Catalog Management, Integration Capabilities, User Permissions, Audit Trail, Customizable Templates, Automated Notifications, Document Storage, Spend Analysis, and Contract Management.
Precoro offers different pricing plans: a Core plan starting at $249 per year and an Automation plan at $999 per year. There is also a free trial available.
Precoro integrates with various apps including NetSuite, QuickBooks, Xero, Amazon Business Punch-in, Slack, Power BI, and more. It also offers API connections and custom integrations.
Precoro serves a wide range of businesses, including startups, small and medium-sized businesses (SMBs), and enterprises.
Precoro is designed with a security-first approach, compliant with major regulatory frameworks such as SOC 2 Type II, GDPR, UK GDPR, CCPA, and HIPAA. It also boasts 99.9% uptime and offers the option to choose between EU and US servers.
Try these alternatives of Precoro
Procurify is an AI-driven procure-to-pay platform tailored for mid-market organizations, streamlining spend management and procurement processes. It offers features like automated approvals, real-time budgeting, vendor management, invoice processing, and virtual/physical spending cards. With robust ERP integrations and end-to-end visibility, Procurify enables businesses to control costs and optimize spending efficiently. Trusted globally, it simplifies complex workflows for seamless financial operations.