Precoro

??Ready to take the guesswork out of procurement? ?? Procurement reporting helps you stay ahead by turning data into actionable insights for better decision-making. Instead of relying on instincts or numerous outdated spreadsheets, you use comprehensive info to guide your next move. Whether you’re planning a budget, monitoring compliance with a procurement policy, or setting procurement goals, reports give you the clarity to make smarter choices. Check out our latest article to learn: ??Why do procurement reports and dashboards matter? ??Key types of procurement reports ??Challenges in procurement reporting ??Best practices for efficient reporting ?? Find all the answers here: https://hubs.la/Q02ZlPZK0 #ProcurementReporting #ProcurementDashboard #ProcurementReports

Precoro at SLUSH 2024: Shaping the Future of Procurement ?? Last week, our CEO, Andrew Zhyvolovych, joined global tech innovators at SLUSH in Finland, where the spotlight was on AI’s transformative potential. At Precoro, we believe in using AI where it truly matters. With Google AI as our partner, we’ve developed cutting-edge solutions like AI-powered OCR, revolutionizing 3-way matching for smarter, seamless results that empower procurement teams worldwide. Discover how we’re revolutionizing 3-way matching with Google AI—and see it in action for yourself. Book a demo today to experience the future of procurement:?https://lnkd.in/dBk5A2-X #SLUSH2024 #ProcurementInnovation #Precoro

??? Purchasing industrial supplies has never been so easy! We’re happy to introduce the new PunchOut integration of Precoro and Grainger! Do you need to purchase tools and equipment for maintenance, repair, and daily operations of your business? Then we have good news for you! With Precoro's new integration, you can benefit from quick and easy purchasing from Grainger — access Grainger’s catalog directly through Precoro, add items to the cart, and see all their details transferred automatically to your PRs or POs. With the Precoro and Grainger PunchOut integration, you can: ? Save time by accessing the catalog online instead of entering the items’ details manually ? Ensure that the process of submitting PRs and POs is smooth and intuitive ?? Enhance budget compliance and analytics quality Ready to purchase even better? ?? Follow the link to learn more: https://hubs.la/Q02Y3q-c0

? Tired of the chaos in your procurement process? When your purchasing data is scattered across systems and spreadsheets, it’s not just an inconvenience — it’s a barrier to saving money and staying compliant with regulations and the internal procurement policy. Sometimes, what you need isn’t just some small change but a whole new approach. In this case — centralized procurement. When is the time to implement a centralized purchasing system? Here are the signs to consider: ?? Constant confusion in purchasing data ???? Inability to secure cost savings ???? Lack of transparency and accountability in purchase approvals ???? No strategic procurement — just transactional relationships with suppliers ???? Duplicate orders, overstocking, or understocking issues ?? No unified approach to sustainability ?? If these sound familiar, you might just be ready to centralize your procurement process. Learn how centralized purchasing works and how it can solve your headaches in our latest article: https://hubs.la/Q02XHWRh0 #CentralizedPurchasing #CentralizedPurchasingSystem #CentralizedProcurement

?? Automate your purchasing-to-payment workflow with Precoro & QuickBooks Desktop! No more manual data entry or missing info—Precoro’s integration with QuickBooks Desktop keeps your purchasing and payments fully in sync. Easily upload invoices to Precoro using OCR, track them in real time, and watch as they automatically transfer to QuickBooks Desktop after approval for timely payments. With this integration, you can also: ?? Sync GL accounts and tax codes to ensure accurate invoicing. ?? Keep records up-to-date with seamless data synchronization. ?? Free up your AP team for more strategic initiatives. ?? Automatically sync payments from QuickBooks to Precoro. ?? Simplify approvals and monitor invoices effortlessly in Precoro. Ready to get started? Learn how on our blog: https://hubs.la/Q02X5nhR0

Precoro Recognized Among the Leading Innovators in Procurement by Procurement Magazine! ?? We’re thrilled to announce that Precoro has been named one of the top companies shaping the future of procurement in Procurement Magazine’s Top 150 list. In a fast-evolving industry, it’s an honor to stand among those driving real transformation and advancing procurement’s role in business success. Our mission is clear: to become the world’s leading platform for procurement centralization and automation, equipping organizations with the tools to streamline, gain visibility, and maximize value. To our clients and partners—thank you for your trust. We’re only getting started! Here’s to redefining the future of procurement, together ?? Curious about our vision? Check out what our CEO, Andrew Zhyvolovych, has to say about the future of procurement: https://lnkd.in/ev5cYz-n #Procurement #ProcurementMagazine #Top150 #Precoro

?? Manage your financial data and pay those bills like a pro with Precoro and Sage Intacct. Precoro is back to make your AP processes simple and efficient—just the way you deserve them to be. With the new integration, track every invoice in Precoro, approve them on-the-go with our mobile app, and watch as they automatically transfer to Sage Intacct. Once you make payments in Sage Intacct, the invoices will be marked as Paid in Precoro—no effort needed on your part! Additionally, enjoy: ?? Automated sync of projects, items, and more ?? Timely and accurate payments ?? More time for strategic tasks ?? Consistent information across both systems ?? Unified purchasing and finance workflows Learn how to take the first step toward AP efficiency: https://hubs.la/Q02WhWhM0

? Did you know that 75% of budgeted sourcing savings can be lost without a good supplier relationship management process? ?? Many organizations are discovering the importance of strategic collaboration with suppliers. As competition increases and supply chains become more complex, businesses are prioritizing SRM to enhance overall performance. Here are some key benefits of implementing a reliable supplier relationship management strategy: ?? Higher supplier performance: Ensure that suppliers meet performance benchmarks, reduce delivery delays, and keep high product quality. ???? Risk mitigation: Spot potential risks in your supply chain before they escalate. Proactively manage compliance and prevent costly disruptions. ???? Cost savings: Strengthen your negotiation position and secure better terms, leading to sustainable long-term savings. ???? Transparency and visibility: Gain insight into your supplier network, easily track key metrics, and streamline supplier collaboration. ?? In our latest article, we discuss the best SRM software solutions to help your business thrive. We also go through essential features to consider when choosing the right tool and best practices for successful implementation: https://hubs.la/Q02W0yW70 #SupplierRelationshipManagement #SRMSolutions #SupplierCollaboration

?? Seamlessly transfer Precoro documents to your favorite tools with the new SFTP connector At Precoro, we prioritize the security and accessibility of your purchasing data. That’s why we’re excited to introduce the SFTP connection, allowing you to customize document fields, set download frequencies, and select the exact document types you need to pull from Precoro to your SFTP server. Check it out if: ?? You're tired of manual file transfers between systems. ?? You want enhanced data security with encrypted transfers. ?? You're looking to save time and reduce manual handling. ?? You need customizable download frequency and document fields. ?? You want to streamline your workflow and improve efficiency. Learn more about the SFTP connection and how to get started: https://hubs.la/Q02TDskb0

Read how a major Kenyan bank, I&M Bank Ltd, went from approving hard copies to fully digitalized procurement ? In our new case study, the bank’s Finance Manager, Rajen Satish Shah, shared how Precoro revolutionized I&M Bank’s procurement process: “It’s become very easy for us to start seeing things – to start packaging information.” Initially, every transaction required printed hard copies of all relevant documents. Now, Precoro is used across all departments that require procurement of goods and services, and as a result, I&M Bank: → digitalized and centralized the procure-to-pay process → shortened the order processing time from a week to 2–3 days → gained better visibility into the purchasing process → improved budget compliance → gained valuable insights into crucial metrics with custom reports Sounds great, doesn't it? ?? Follow the link to read the case study: https://hubs.la/Q02TsL3d0