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Precoro

By Precoro
4.86 out of 5 stars
Connect Precoro with Xero to unify your procurement and finance workflows and gain real-time control over spending. Automate purchase orders, track invoices, manage contracts, and engage suppliers—all while keeping your data in sync with Xero.
Rated
4.9
out of 5
Reviewed by
7
Xero users
Listed for
2 years
September 2022
Key functions
Bills and expenses
Inventory

Precoro can help your business

Overview

PrNamed #1 procurement system by Software Advice for FrontRunners 2024, Precoro helps businesses centralize and automate their purchasing workflows.

Create purchase orders instantly with punchout catalogs, tailor approval workflows to fit your needs, and use OCR for effortless invoice management. Let the Precoro and Xero 2-way integration handle your data tasks, so you can focus on what matters most.

Key features and capabilities:
  • For Approvers — 2,5x faster approval workflow

Reduce approval chasing to zero. With Precoro’s smart approval routing and native mobile app, users can authorize requests from anywhere, anytime. Once approved, purchase orders and invoices automatically sync with Xero, removing manual work from your shoulders.

  • For Procurement — 38% shorter purchase cycle time

Purchase smarter and faster. Precoro centralizes all suppliers and contracts while syncing with Xero. With easy access to data, you can negotiate better pricing and accurately forecast demand. Plus, leverage PunchOut catalogs to streamline ordering from your preferred suppliers.

  • For Controllers — Up to 7% budget savings annually

Gain real-time visibility into cash flow and effectively manage corporate expenses with Precoro. Prevent maverick spending and stay within budget limits with Precoro’s flexible budgeting, three-way matching, comprehensive reporting, and detailed audit trails.

  • For the whole team — Built to enhance your workflow seamlessly

Centralize procurement across subsidiaries and automate processes to free up your team for business growth. With Precoro’s user-friendly workflows, you’ll reduce administrative burdens and empower everyone to make informed purchasing decisions from day one.

Precoro
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Precoro + Xero

Precoro + Xero 2-way Integration

Precoro’s seamless 2-way integration with Xero keeps your financial and purchasing data perfectly in sync. Automate purchase orders, customize approval workflows, and track your spending in real time—all in one place. Access insightful reporting to make informed decisions that drive your business forward.

  • Intuitive connection and easy adoption

Connect your Precoro and Xero accounts via a link or a simple click of a button. Choose import options by ticking a few boxes, and you're ready to roll. Our customer success team will help you at each integration stage, from data mapping to staff training.

  • Sync POs, bills to pay, suppliers, and more

Create, approve, revise, or cancel purchase orders and invoices in Precoro, and they’ll automatically sync with Xero. Sync tracking categories, items, chart of accounts, taxes, supplier contacts, inventory — everything you need.

  • Fully configurable documents

Tailor the documents you sync to Xero, including notes and attachments, with no limits on custom fields for purchase orders and other key documents. Maintain flexibility without sacrificing control over your data.

  • Built to keep your data secure

Easily configure the approval workflows and assign appropriate access levels for each employee. Ensure secure logins with SSO and two-factor authentication.

Reviews & ratings

4.9 out of 5 stars
7 Reviews

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Most recent reviews

MC
Matt Coote
Posted 6 Dec 2024
5 out of 5 stars

Great integration

We’ve been using Precoro for all our procurement activities over the last year, and the integration works seamlessly for our needs. It ensures that financial data is automatically pulled across, saving time and reducing errors. The setup was straightforward, and the system operates as expected. Overall, it’s been a reliable and efficient solution for us.
AC
Alexander Cowan
Posted 9 Oct 2024
5 out of 5 stars

Excellent procurement software!

Precoro has been fantastic for helping us track our budgets to a more granular detail than Xero can offer natively. It is also excellent for managing approvals and user interactions with the software in a highly modifiable way. The reporting functionality is also extremely useful for us and is also very customisable. Best of all, the Precoro staff have been wonderful getting us set up and using the software!
MW
Matthew Wawryk
Posted 11 Sep 2024
5 out of 5 stars

best procrurement / purchasing software

great software with a good integration with Xero. Xero is super limited in what it can do once you scale to a certain size and need finer control over purchasing and approvals. precoro solves most problems you will come across as a growing business and is flexible enough to meet the needs of a company at any stage of its growth journey. simple to use for people around the business too, makes this stuff as non-financey as it could be! the team at precoro are super helpful too :)

Additional info

Shared data

Xero
Precoro
Invoicesshared from Precoro to Xero
Contactsshared from Xero to Precoro and from Precoro to Xero
Accountsshared from Xero to Precoro
Tracking Categoriesshared from Xero to Precoro
Tax Ratesshared from Xero to Precoro
Purchase Ordersshared from Precoro to Xero
Paymentsshared from Xero to Precoro
Itemsshared from Xero to Precoro

Functions

Bills and expensesInventory

Industries

ManufacturingEducationConstruction and trades

App details

By Precoro
Added in 2022

Countries

Australia, Canada, Global, Hong Kong, Indonesia, Ireland, Malaysia, New Zealand, Philippines, Singapore, South Africa, United Kingdom, United States

Languages

English, French, German, Spanish

Support

Setup walkthroughContact supportsupport@precoro.com

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Get started with Precoro

Although Xero reviews each app in the Xero App Store, we can’t give any guarantees. It’s up to you to assess the performance, quality and suitability of any app before going ahead.