Precoro

Precoro provides procure-to-pay and accounts payable automation covering the purchasing process, invoice approval, payment automation, contract management, expense tracking and reporting, with a mobile app and an AI layer described as Crews for delegating routine work. It integrates with NetSuite, Xero, BILL, Sage Intacct, Dynamics 365 Business Central, QuickBooks Online, Power BI and Slack, and publishes flat monthly pricing.

Charging a flat monthly rate rather than per user is the notable commercial decision and it removes a real adoption problem. Procurement software only works when everyone who buys anything uses it, and per user pricing gives a finance team a direct incentive to limit licences, which produces exactly the shadow purchasing the system was bought to eliminate.

Contract management alongside purchasing addresses where recurring spend actually originates. A purchase order controls a one off buy, but the majority of a company's committed spend sits in agreements that renew automatically, and those are invisible to a system watching only requisitions.

PunchOut support matters for organisations buying from large suppliers, letting a buyer shop the supplier's own catalogue while the order returns into the approval workflow.