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  7. Precoro
Precoro logo

Precoro

Unclaimed

AI-powered platform for centralized procurement and automated accounts payable.

Expense ManagementAccountingInvoicing
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TL;DR - Precoro

  • Centralizes and automates the entire procure-to-pay process.
  • Provides 360-degree visibility and control over all procurement spending.
  • Utilizes AI for AP automation, reducing manual work and errors.
Pricing: Paid only
Best for: Enterprises & pros

Pricing Plans

Core

$499 /month

  • Procurement basics: PRs POs Receipts Invoices
  • 2- and 3-way match
  • Automated approvals
  • Custom fields and workflows
  • Service & item catalog
  • Spend & Vendor management: Vendor management Contract repository Expense management
  • Mobile app
  • Integrations: Quickbooks Online Xero Slack
  • Reporting and analytics
  • Automation

Automation

$999 /month

  • Everything in Core
  • AI-powered AP automation: OCR AI expenses and AI assistant
  • Procurement operations: Intake management Inventory PunchOut catalogs
  • Vendor collaboration: Vendor onboarding and approval Supplier Portal RFPs
  • Real-time budget tracking
  • Integrations: Advanced integrations API access SSO
  • Coming soon: Bill payments and credit cards

Enterprise

Custom

  • Everything in Automation
  • Capability & Access: Unlimited users Advanced admin controls
  • Integrations: ERP systems Custom-built integrations
  • Regional server selection: US-based EU-based
  • Security & Compliance: IP white-listing Enterprise-grade data protection

AP Module

$499 /month

  • Invoices
  • AI-powered Google OCR
  • Budget management
  • AI expenses
  • AI assistant
  • Vendor management
  • Vendor onboarding
  • Automated approvals
  • Reporting and analytics
  • Accounting integrations
  • API access
  • SSO
  • Mobile app
View full pricing

About Precoro

Precoro is an AI-powered procurement centralization and automation platform designed to help businesses track, control, and save on purchases across projects, locations, or business units. It provides comprehensive visibility into every procurement transaction, from initial request to final payment, ensuring compliance with company policies and optimizing spending. The platform is built to address the needs of both finance and procurement executives, offering modules for intake management, purchasing, AI-powered AP automation, supplier management, and spend management. It helps prevent duplicate orders, secure favorable pricing, and streamline the entire procure-to-pay cycle through full-cycle automations and intuitive modules. Precoro is ideal for growing, multi-entity businesses looking to scale operations, reduce manual processes, and gain full control over their spending. Precoro integrates with various business tools like QuickBooks Online, Xero, and Slack, and offers advanced integrations including ERP systems and custom APIs. It aims to deliver significant ROI by speeding up month-end closes, reducing purchasing cycle times, eliminating document errors, and enabling centralized procurement processes across multiple branches.

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Precoro FAQ

Precoro is an AI-powered procurement centralization and automation platform that helps businesses manage their entire procure-to-pay process, from initial purchase requests to final payments. It provides tools for spend control, supplier management, automated approvals, and accounts payable automation.

Precoro offers several pricing plans billed annually. The 'Core' plan starts at $499/month, the 'Automation' plan starts at $999/month, and an 'AP Module' also starts at $499/month. There is also a custom 'Enterprise' plan available upon request.

No, Precoro is not free. It offers paid subscription plans starting from $499/month (billed annually). You can request a quote or book a demo to explore the features.

Precoro is ideal for growing, multi-entity businesses, including small teams with essential procurement needs, and larger organizations seeking to automate processes, centralize supplier management, and achieve savings on a global scale. It caters to finance and procurement executives looking for better control and visibility over spending.

Quick Info

Pricing
Paid
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