young startup from Stuttgart with a lot of passion for democratic processes and the necessary know-how for the future
Precoro
Procurement and accounts payable platform for mid-sized firms buying across several sites, projects or units
About Precoro
Precoro sells procurement and accounts payable software to mid-sized companies whose buying is spread over many locations, projects or business units. Finance and procurement teams use it to see each purchase in detail and to keep staff within agreed buying rules.
What Precoro offers
- Purchase intake — guided request forms, plus an AI agent that converts supplier quotes into requests ready for approval.
- Policy control — steers employees towards approved suppliers, catalogue items and approval workflows.
- Invoice processing — an AI agent checks invoices so that only approved, matched and validated ones go forward for payment.
- In-app payments — approved invoices can be paid inside Precoro, with every transaction logged in an audit trail.
- Supplier portal — vendors maintain their own product catalogues and pricing terms.
- Budget tracking — goods, subscriptions, services and expense claims are checked against budgets to catch duplicate orders early.
Who it works with
The platform is built for finance and procurement leaders at mid-sized, multi-entity businesses with distributed operations.
Key facts
- Based in: United States
- Reviews: more than 850 ratings across review sites, according to the company
- Integrations: syncs key purchasing data with other business tools
Profile written by TrustList from the business's own published information, Sep 2026.
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