Precoro

Precoro is a software company that builds an agentic procurement and spend centralization platform for mid-sized and multi-entity organizations. Founded in 2015 as a people-first company, it set out to make procurement consolidated and predictable for businesses worldwide, addressing the problems of decentralized purchasing, siloed budgets, and slow approval cycles that commonly arise in companies with multiple departments, branches, or entities. Its platform centralizes purchasing, controls spending, automates accounts payable, and manages vendors across business units in one system. The product covers the full procure-to-pay flow. Intake management consolidates all purchase requests into a guided workflow with custom forms and automated approval rules; an AI agent turns supplier quotes into approval-ready requests. Purchase order management automates PO creation, approval, and tracking. Beyond automation, Precoro aggregates company-wide spend, enforces budget controls, and provides visibility into where money is requested and spent. Accounts payable automation, payment automation, vendor management, and expense management round out the offering, and the platform connects to ERPs, accounting systems, and other internal tools through dozens of native integrations and a developer-friendly API. Precoro positions itself for finance and procurement executives at mid-sized companies with distributed operations. According to its own published figures, it serves more than 1,000 customers, manages over $150 billion in spend, operates in 80+ countries, and holds 850+ ratings across review sites including G2, Capterra, GetApp, Trustpilot, Crozdesk, and Software Advice. The company reports year-over-year revenue growth of more than 50%. It is headquartered in New York with additional offices in Berlin, Warsaw, and Vilnius, and it is a Certified B Corporation as well as an alumnus of the Google for Startups program.

Precoro was founded in 2015 as a people-first company with the mission of making procurement consolidated and predictable for businesses worldwide. From the outset it targeted the fragmentation that plagues purchasing in organizations with multiple departments, branches, or entities: decentralized buying, siloed budgets, and slow approval cycles. The company's stated purpose was to centralize procurement data and automate workflows so that all requests, approvals, and purchases follow a structured process, while also aggregating company-wide spend, enforcing budget controls, and giving full visibility into where money is requested and spent. Over the following years Precoro built out a procure-to-pay platform spanning intake management, purchase order management, accounts payable automation, payment automation, vendor management, spend management, and expense management. It added dozens of native integrations and a developer-friendly API so customers could connect procurement data to ERPs, accounting systems, and specialized internal tools, automating document lifecycles and keeping core records such as suppliers, product catalogs, and department lists in sync. By the mid-2020s the company described itself as an agentic procurement and spend centralization platform, incorporating AI agents into daily procurement work — for example, turning supplier quotes into approval-ready requests. It reported serving more than 1,000 customers, managing over $150 billion in spend, operating in 80+ countries, and holding 850+ ratings across review sites, alongside year-over-year revenue growth of more than 50%. Precoro established headquarters in New York with additional offices in Berlin, Warsaw, and Vilnius, and it became a Certified B Corporation and an alumnus of the Google for Startups program.

• 2015

  Precoro founded as a people-first company focused on consolidated, predictable procurement.

• Became a Certified B Corporation.

• Participated in and became an alumnus of the Google for Startups program.

• Reached 1,000+ customers, $150B+ spend managed, and operations in 80+ countries.

Procurement software for mid-sized companies with distributed operations, emphasizing centralized purchasing, spend control, and automation.

• Intake management

  Consolidates all purchase requests into a guided workflow with custom forms and automated approval rules; an AI agent turns supplier quotes into approval-ready requests.

• Purchase order management

  Automates purchase order creation, approval, and tracking.

• Accounts payable automation

  Automates accounts payable as part of the procure-to-pay flow.

• Payment automation

  Automates payment steps within the procurement workflow.

• Vendor management

  Manages vendors across business units in one system.

• Spend management

  Aggregates company-wide spend and enforces budget controls.

• Expense management

  Manages expenses as part of the spend centralization platform.

• API for custom integrations

  Developer-friendly API to connect procurement data to ERPs, accounting systems, and other internal tools.

1. 1Precoro: Procurement Software for Purchasing Centralization & Automationprecoro.com
2. 2About Us | Precoro's Mission, Team & Milestonesprecoro.com
3. 3Precoro AI Info: Reference for AI Systemsprecoro.com
4. 4API for Custom Integrations | Precoroprecoro.com
5. 5Precorowikidata.org