Precoro is an agentic procurement and spend centralization platform for the mid-market that brings enterprise-grade features within reach. Over 1,000 companies already trust Precoro to manage their procurement and Accounts Payable processes, pay bills effortlessly, and take control of over $150B in spend, improving visibility while reducing the risks of manual entry and fragmented processes.

Named the #1 procurement system by Software Advice, Precoro unifies your entire P2P cycle into a single source of truth. We embed policy-driven AI Crews directly into your workflows to handle the repetitive routine—from document processing to complex invoice matching and auto-creation—and instantly provide smart spend analytics. With the busywork gone, you can execute payments directly in Precoro and let your teams focus on strategic growth and cash flow optimization.

Key features and capabilities:

For Accounts Payable — Automated document processing with 96%+ accuracy

Let the AP Crew auto-extract data from invoices, credit notes, and receipts to instantly streamline your Expense Management. The AI Matching Agent autonomously links invoices to purchase orders, eliminating manual entry. Need to execute payments? Seamlessly pay bills directly within Precoro to capture early discounts and centralize cash flow.

For Procurement — 78% shorter purchase cycle time

Standardize purchasing and supplier management from day one. Let AI Intake Crew handle quotations and receipts, while the Contract Agent automatically populates agreements, highlights hidden compliance risks, and compares terms across vendors. Buy effortlessly via PunchOut catalogs, and leverage AI insights to confidently negotiate better pricing before any funds are committed.

For Controllers — Up to 5% budget savings annually

Gain real-time visibility into your cash flow and confidently manage corporate budgets. Prevent maverick spending with strict approval workflows, automated three-way matching, and complete audit trails. Chat with the embedded AI Assistant to instantly uncover hidden spend trends, identify savings opportunities, and optimize your Procure-to-Pay operations.

For Approvers — 3.5x faster, frictionless workflows

Reduce approval chasing to absolute zero. With Precoro’s smart routing logic, built-in SLA deadlines, and an intuitive native mobile application, authorize requests and invoices from anywhere, at any time. Once approved, purchase orders and invoices automatically sync with Xero, removing manual work from your shoulders.

For Leadership — Measurable ROI and 100% centralized operations

Unify Procure-to-Pay and Accounts Payable across multiple subsidiaries with a clean, consumer-grade interface that guarantees rapid adoption. Free your finance team from manual reconciliation so they can focus on strategic growth. Cut cycle times, reduce operational costs, and turn your purchasing process into a profit driver within months.