Precoro is an Agentic Procurement & AP Centralization Platform that consolidates procurement, E-invoicing, AP automation, and spend management in one place.
Designed to streamline your entire intake-to-payment cycle, Precoro empowers businesses to eliminate manual effort, prevent maverick spend, and gain total control over cash flow. Stop toggling between disconnected tools: Precoro AI Crews cover intake to payment, inside your workflows and by your rules, while your team scales output, not headcount.
Key Capabilities:
Intake Crew: Capture the right details from the start with customizable request forms, internal catalogs, and supplier PunchOut integrations, so employees buy from approved sources every time.
Purchasing Crew: Streamline your entire request-to-PO process. Automate custom approval workflows, centralize purchase orders, and eliminate maverick spend from day one.
AP Automation Crew: Simplify AP from intake to payment. Automatically capture invoices via E-invoicing networks or intelligent document capture, run automated 3-way matching, and pay vendors directly from Precoro — including with virtual cards — with every payment backed by a matched, approved invoice.
Spend Intelligence Crew: Get instant clarity with your built-in AI co-pilot. Ask natural language questions about spend trends, supplier performance, or budget forecasts, and get real-time budget monitoring and data-backed answers across locations and departments.
Supplier Management Crew: Automate vendor onboarding and manage all supplier information, performance, and risk metrics within a secure, centralized repository. Contract Agent turns every contract into actionable insight, extracting key terms and answering contract-related questions instantly.
Seamless Integrations: Connect Precoro with ERPs like NetSuite, QuickBooks, Xero, and Sage, or build custom connections via our free API to ensure data integrity across your financial ecosystem.
Precoro ensures painless onboarding without IT involvement, with customization, scaling, and dedicated support from your Customer Success Manager.
Security is our priority: Precoro is SOC 2 Type II compliant, supports SSO and 2-factor authentication, and aligns with GDPR/CCPA standards to keep your sensitive financial data protected.
Average Rating: 4.7/5.0
Total Reviews: 221
How Do G2 Users Rate Precoro?
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Has the product been a good partner in doing business?: 9.4/10 (Category avg: 8.8/10)
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What is your organization's estimated ROI on the product (payback period in months)?: 10/10 (Category avg: 10/10)
Who Is the Company Behind Precoro?
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Seller: Precoro
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Company Website:
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Year Founded: 2014
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HQ Location: Brooklyn, New York
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LinkedIn® Page: www.linkedin.com
143 employees on LinkedIn®
Who Uses This Product?
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Who Uses This: CEO
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Top Industries: Information Technology and Services, Computer Software
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Company Size: 63% Medium, 30% Small
What Do G2 Reviewers Say About Precoro?
AI-generated summary from verified user reviews
Pros
- Users appreciate the ease of use of Precoro, allowing for quick ordering and efficient workflows without complications.
- Users value the efficiency of Precoro, as it simplifies procurement processes and enhances financial transparency.
- Users commend the simplicity and user-friendliness of Precoro, making procurement processes smooth and efficient.
- Users value the time-saving automation of Precoro, which streamlines procurement processes and accelerates approvals efficiently.
- Users value the efficient and flexible approval process in Precoro, enhancing procurement transparency and coordination.
Cons
- Users find the interface non-intuitive, making navigation and approval processes complicated for new users.
- Users find it challenging due to the absence of centralized approval and reconciliation features, complicating the management process.
- Users experience invoice approval issues in Precoro, facing challenges with functionality and frequent logouts.
- Users find the approval process cumbersome, lacking a central page for managing multiple subsidiaries effectively.
- Users find the approval process cumbersome with multiple subsidiaries, lacking a central review page for efficiency.