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What is Reducer?

Reducer partners with accountants to improve the financial flexibility of small and medium-sized enterprises (SMEs) by utilizing our comprehensive purchasing platform. By linking your clients to Reducer through Xero or Quickbooks, we perform an in-depth examination of their bills to identify possible savings. Each client is provided with a personalized cost savings report that outlines our findings, allowing them to easily choose which offers they would like to pursue directly from the online report. Reducer manages the transitions, guaranteeing a seamless and hassle-free experience. Our platform allows users to compare hundreds of suppliers with just a few clicks, as our application efficiently retrieves all necessary spending information from your cloud accounting system for accurate analysis. Many companies do not have the capacity to analyze the details of their utility contracts, but by opting for Reducer, you can proactively tackle issues that your clients might not even notice, ultimately leading to financial savings and showcasing your worth as their accountant. This collaboration not only boosts client satisfaction but also fortifies the bond between you and your clients, creating avenues for future expansion. Additionally, by leveraging our expertise, accountants can enhance their service offerings, making their practice more competitive in the market.

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.

Media

Media

Integrations Supported

QuickBooks Online
Xero
Amazon
Amazon Business
Exact Online
Grainger
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Power BI
NetSuite
Odoo
Orange Apron Media
QuickBooks Desktop Pro
QuickBooks Online Advanced
Sage 100
Sage 50
Sage Intacct
Slack

Integrations Supported

QuickBooks Online
Xero
Amazon
Amazon Business
Exact Online
Grainger
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Power BI
NetSuite
Odoo
Orange Apron Media
QuickBooks Desktop Pro
QuickBooks Online Advanced
Sage 100
Sage 50
Sage Intacct
Slack

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$499/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour 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

Reducer

Company Location

United Kingdom

Company Website

reducer.co.uk

Company Facts

Organization Name

Precoro

Date Founded

2015

Company Location

United States

Company Website

precoro.com

Categories and Features

Purchasing

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

Categories and Features

Emissions Management

Allowance Management
Automatic CO2 Calculation
Emission Inventory
Emission Reduction Planning
Emissions Monitoring
Emissions Trading
Frequency-Based Tasks
Permit Level Maintenance
Risk Management

ESG

Activity Dashboard
Analytics/Reporting
Audit Management
Benchmarking
Compliance Management
Data Visualization
Document Management
Performance Metrics
Risk Assessment

Expense Report

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

Procure to Pay

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

Procurement

Asset Management
Auction Management
Bid 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 Management

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

Sustainability

Audit Management
Benchmarking
Compliance Management
Corrective Actions (CAPA)
Emissions Management
Employee Training
Energy Management
Incident Management
KPIs
Performance Metrics
Stakeholder Engagement
Supplier Management
Waste 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

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