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What is Precoro?

Precoro is a comprehensive cloud-based platform designed to consolidate and automate procurement, AP, and payment management. It seamlessly orchestrates your "request-to-pay" cycle, reduces manual tasks, curbs unauthorized spending, and accelerates savings through AI-driven intelligence. Procurement: Enhance relationships with suppliers, centralize contract management, and streamline employee requests for greater efficiency. AP & Payments: Optimize the invoice lifecycle using AI-driven OCR, 3-way matching, and automated workflows. Securely execute vendor payments directly from the platform to complete your financial cycle. Spend Management: Effortlessly monitor budgets across various locations and departments, manage expenditures, and generate reports that provide valuable insights. Supplier Management: Improve the onboarding process for vendors and streamline approvals to mitigate potential risks. Precoro integrates with ERP systems like NetSuite, QuickBooks Online, Xero, and Sage, or you can establish custom connections using a free API, effectively eliminating duplicate payments and manual document handling. With an intuitive interface, Precoro ensures onboarding in less than six weeks without needing IT support. You can customize the system, scale operations, and receive continuous assistance from your personal Customer Success Manager (CSM). Moreover, your data remains secure with SSO and robust two-factor authentication, providing peace of mind while you manage your procurement and financial needs.

What is procurence meercat?

Procurement Meercat effortlessly integrates the Procurement, Quality Management, and Compliance/HSE departments, enabling organizations to enhance visibility within their supplier networks, mitigate risks throughout the supply chain, optimize the management of suppliers internally, and foster communication to drive down procurement expenses. Our acclaimed software is particularly suited for expanding manufacturing firms that utilize various ERP systems, manage diverse product lines, and operate in project-driven sectors such as renewable energy, wind, and construction. The features tailored for procurement processes include Supplier Management and Development, Supply Chain Compliance and Audits, Supplier Risk Management, Savings Management, Claims for Compensation, Contract Management, Commodity Management, Production Tool Management, a Supplier Portal, and comprehensive Part Profiles for New Product Introductions and Target Costing. Additionally, the quality-focused functionalities encompass Non-Compliance Reports and 8D, as well as the Global Part Approval Process (PPAP/APQP), alongside a Total Quality Score to ensure that all aspects of product quality are meticulously monitored and managed. This comprehensive suite of tools not only boosts operational efficiency but also supports continuous improvement and innovation within the supply chain.

Media

Media

Integrations Supported

Amazon
Amazon Business
Grainger
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Power BI
NetSuite
Odoo
Orange Apron Media
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Sage 50
Sage Intacct
Slack
Xero

Integrations Supported

D&B Hoovers
PTC Windchill
SAP HANA
Sphera Supply Chain Risk Management

API Availability

Has API

API Availability

Pricing Information

$499/month
Whether you're a small business just starting out or a large enterprise with complex procurement requirements, we have a package designed to meet your unique needs. From purchase order management to vendor onboarding management, our packages are designed to help you achieve procurement excellence.
Free Trial Offered?

Pricing Information

$500/month/business unit
Annual subscription without user limits, selection of functional modules.
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Precoro

Date Founded

2015

Company Location

United States

Company Website

precoro.com

Company Facts

Organization Name

Procurence

Date Founded

2010

Company Location

Poland

Company Website

www.procurence.com

Categories and Features

AI Procurement

Not specified

Emissions Management

Not specified

ESG

Not specified

ESG Reporting

Not specified

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Workflow Management

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement

Asset Management
Auction Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Spend Analysis

Not specified

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Sustainability

Supplier Management

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Categories and Features

Procurement

Asset Management
Contract Management
Sourcing Management
Spend Management
Supplier Management

Supply Chain Management

Order Fulfillment
Supplier Management

Vendor Management

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

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