Transform your business with accounts payable automation

Record invoices in the system as soon as they’re received. If you prefer, use OCR to speed up the process.

Don’t risk losing invoices in old emails and missing a due date. Implementing accounts payable software saves employees hours of searching.

Create customizable approval workflows and enable parallel approvals to ensure invoice processing runs like clockwork.

Give stakeholders the tools to approve invoices as soon as possible. This way, you can significantly minimize the risk of late payment fees and can even qualify for early payment discounts.

By centralizing data in a dedicated AP automation solution, you can achieve absolute transparency and prevent some expensive mistakes.

You can also protect yourself from intentional fraud or accidental discrepancies and avoid additional penalties.

With AP data recorded in one platform, you can generate comprehensive real-time reports to monitor current accounts payable balances, prepare data-based projections, and thoughtfully plan your finance strategy.

Plus, Precoro lets you create custom reports with over 150 reporting data points to get insights into the accounts payable data you need.

With automated data recognition, 2- and 3-way matching, and invoice approval, say goodbye to maverick spending and duplicate payments.

Leave human errors in the past and design a reliable invoice processing workflow using accounts payable software.

AP automation solutions save finance teams many hours of work, which they can reinvest in strategic tasks.

Accounts payable automation also reduces the person-hours required for invoice processing, saving the company lots of money.

Timely processing of invoices helps to prevent late fees and any tensions that might arise due to non-compliance with the agreement terms.

Precoro comes with a dedicated Supplier Portal, letting Precoro users provide their suppliers with real-time access to the system.

In it, your suppliers can generate invoices themselves and send them to you directly within the system.

This makes it easier to track purchase status and improves overall communication with vendors.

Instead of sending sensitive company information via email or post, transmit it securely via Precoro’s protected system.

Limit employee access to documents, procedures, supplier data, and more with the help of user roles in AP automation software.

Track who made changes to each document, ensuring better accountability, reducing human error, and minimizing fraud.

We appreciate the trust our clients place in us, so as a cloud-based accounts payable management software, we choose reliable hosting facilities across multiple regions and remain compliant with the latest security protocols.

Send orders and invoices directly to your accounting software to speed up AP invoicing and pay bills faster.

Avoid typos by synchronizing company and vendor data across your software stack.

Utilize punchout technologies to access supplier item catalogs directly.

Modern accounts payable solutions like Precoro have integration capabilities to help you optimize your workflow and reduce the cost of AP operations.