Precoro
UnclaimedAI-powered platform for centralized procurement and automated accounts payable.
Visit WebsiteTL;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
4.8/5 across review platforms
What is 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.
Available on: Web, iOS, Android
Pros & Cons
Pros
- Significantly faster month-end close and purchasing cycles.
- Improved control and visibility over multi-branch spending.
- Reduced purchase document error rates.
- Intuitive and easy to adopt for users.
- AI-powered features reduce manual work and increase efficiency.
Cons
- Pricing for the 'Core' and 'AP Module' plans starts at $499/month, which may be a significant investment for very small businesses or startups.
- The 'Core' plan lacks advanced features like AI-powered AP automation, intake management, inventory, PunchOut catalogs, and a supplier portal, which are only available in higher-tier plans.
- Some features like 'Bill Payments & Expense Cards' are listed as 'Coming soon', indicating they are not yet fully available.
Ratings Across the Web
4.8(428 reviews)
Ratings aggregated from independent review platforms. Learn more
Key Features
Intake management with smart formsPurchasing with pre-approved vendors and workflowsAI-powered AP automation with OCR for invoice data extractionSupplier management and centralized Supplier PortalSpend management and budget trackingAutomated approvals with no-code configurationPunchOut catalogs for controlled shoppingMobile app for on-the-go requests
Pricing Plans
Pricing checked Jul 28, 2026
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
Reviews
4.8/5
Across 428 verified user reviews on capterra, g2
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Precoro FAQ
How does Precoro help businesses manage spending across multiple locations?
Precoro provides improved control and visibility over multi-branch spending by centralizing procurement processes. This allows businesses to track and manage purchases across various projects, locations, or business units from a single platform.
Which teams within an organization would benefit most from using Precoro?
Precoro is designed to address the needs of both finance and procurement executives. It helps these teams scale operations, reduce manual processes, and gain full control over spending, making it ideal for growing, multi-entity businesses.
How does Precoro compare to Procurify in terms of feature availability?
Precoro's 'Core' plan, starting at $499/month, does not include advanced features like AI-powered AP automation, intake management, or a supplier portal, which are available in higher-tier plans. This means businesses might need to invest in more comprehensive plans to access certain functionalities.
What kind of integrations does Precoro offer to streamline workflows?
Precoro integrates with various business tools such as QuickBooks Online, Xero, and Slack. It also offers advanced integrations, including connections with ERP systems and custom APIs, to enhance its functionality within existing tech stacks.
Does Precoro include a free tier for small businesses or startups?
Precoro is a paid product and does not offer a permanently free tier. Its 'Core' and 'AP Module' plans start at $499/month, which may be a significant investment for very small businesses or startups.
What are the primary benefits of Precoro's AI-powered features?
Precoro's AI-powered features are designed to reduce manual work and increase efficiency throughout the procurement and accounts payable cycles. This automation helps streamline processes, from initial request to final payment, and contributes to faster month-end closes.
Can Precoro help in preventing duplicate orders and securing better pricing?
Yes, Precoro is built to help prevent duplicate orders and secure favorable pricing. It achieves this by providing comprehensive visibility into every procurement transaction and optimizing spending through its centralized platform.
Source: precoro.com