{
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/"
  },
  "cite_as": "Newsprint, \"Precoro: what it sells, price and AI features\", https://www.newsprint.com/companies/precoro/, updated 2026-11-11",
  "updated_at": "2026-11-11",
  "url": "https://www.newsprint.com/companies/precoro/",
  "markdown_url": "https://www.newsprint.com/companies/precoro.md",
  "title": "Precoro: what it sells, price and AI features",
  "opening_answer": "Precoro is on the AI procurement software map. We record 3 dated launches and events for it. The latest is dated April 21, 2026.",
  "period": "Oct. 2, 2025 to April 21, 2026",
  "methodology_url": "https://www.newsprint.com/updates/pr-software/#methodology",
  "company": {
    "id": "CPS8TJQ",
    "slug": "precoro",
    "name": "Precoro",
    "aliases": [],
    "site": "https://www.precoro.com/",
    "summary": "Precoro is purchasing software for mid-sized companies with spread-out operations: requisitions, approvals, purchase orders, receiving, vendor management and analytics. Its homepage describes an Intake agent that turns supplier quotes into approval-ready requests, a Contract Agent, AI invoice processing and an AI Assistant. AI features read supplier quotes into requisitions, extract invoice data and answer spend questions in chat.",
    "founded": null,
    "categories": [
      "s2p"
    ],
    "status": "active",
    "price_note": null,
    "update_channels": [],
    "updated_at": "2026-11-11",
    "off_map": null,
    "merged_into": null,
    "category_names": [
      "Source-to-pay suites"
    ]
  },
  "confirmed_product_launches": 0,
  "dated_product_launches": 0,
  "undated_launches": 0,
  "launches_data_url": "https://www.newsprint.com/data/launches.json",
  "count": 0,
  "launches": [],
  "launch_list": false,
  "indexed": true,
  "summary": {
    "text": "Precoro is purchasing software for mid-sized companies with spread-out operations: requisitions, approvals, purchase orders, receiving, vendor management and analytics. Its homepage describes an Intake agent that turns supplier quotes into approval-ready requests, a Contract Agent, AI invoice processing and an AI Assistant. AI features read supplier quotes into requisitions, extract invoice data and answer spend questions in chat.",
    "source": {
      "name": "precoro.com",
      "url": "https://www.precoro.com/"
    },
    "from": "record"
  },
  "maps": [
    {
      "map": "procurement-software",
      "title": "The AI procurement software map",
      "url": "https://www.newsprint.com/research/procurement-software/#co-precoro",
      "section": "companies",
      "name": "Precoro",
      "site": "https://www.precoro.com/",
      "category": "Source-to-pay suites",
      "what": "Precoro is purchasing software for mid-sized companies with spread-out operations: requisitions, approvals, purchase orders, receiving, vendor management and analytics. Its homepage describes an Intake agent that turns supplier quotes into approval-ready requests, a Contract Agent, AI invoice processing and an AI Assistant. AI features read supplier quotes into requisitions, extract invoice data and answer spend questions in chat.",
      "what_source": {
        "name": "precoro.com",
        "url": "https://www.precoro.com/"
      },
      "price": "not read; check precoro.com/pricing",
      "price_published": false,
      "capabilities": {
        "label": "AI capabilities",
        "items": [
          "Named agent",
          "Contract review",
          "Assistant",
          "AI intake",
          "Invoice and PO matching"
        ]
      },
      "scale_tier": 2,
      "scale": "Established: a public parent, or a disclosed customer base (Precoro's homepage says 1000+ customers; no funding found.)",
      "founded": null,
      "founded_source": null,
      "fate": null,
      "sources": [
        {
          "name": "precoro.com",
          "url": "https://www.precoro.com/"
        },
        {
          "name": "eznewswire.com",
          "url": "https://www.eznewswire.com/newsroom/precoro-ai-procurement-quote-to-requisition"
        },
        {
          "name": "eznewswire.com",
          "url": "https://www.eznewswire.com/newsroom/precoro-expands-ai-capabilities-vendor-management"
        },
        {
          "name": "ajot.com",
          "url": "https://www.ajot.com/news/precoro-launches-ai-assistant-to-eliminate-reporting-bottlenecks-and-speed-up-spend-decisions"
        },
        {
          "name": "briefglance.com",
          "url": "https://briefglance.com/articles/precoro-targets-the-final-frontier-of-procurement-integrated-payments"
        }
      ],
      "more_sources": 0,
      "cross_listed": false
    }
  ],
  "off_map_url": null,
  "timeline": [
    {
      "id": "event-1",
      "url": "https://www.newsprint.com/companies/precoro/#event-1",
      "on": "2026-04-21",
      "date_precision": "day",
      "title": "Precoro launches AI for Quotation",
      "summary": "Precoro added an AI feature that turns supplier quotes, which arrive as PDFs and images, into structured purchase requisitions within seconds.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-precoro"
      },
      "source": {
        "name": "Precoro release via EZ Newswire",
        "url": "https://www.eznewswire.com/newsroom/precoro-ai-procurement-quote-to-requisition"
      }
    },
    {
      "id": "event-2",
      "url": "https://www.newsprint.com/companies/precoro/#event-2",
      "on": "2026-02-24",
      "date_precision": "day",
      "title": "Precoro adds AI invoice OCR and vendor insights",
      "summary": "Precoro said it \"now leverages Google's Custom Extractor\" to pre-fill invoice data from uploaded files, building on its existing OCR. The release says the platform can flag duplicate invoices or unusual spending and that AI-driven insights can surface chances to consolidate suppliers.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-precoro"
      },
      "source": {
        "name": "Precoro release via EZ Newswire",
        "url": "https://www.eznewswire.com/newsroom/precoro-expands-ai-capabilities-vendor-management"
      }
    },
    {
      "id": "event-3",
      "url": "https://www.newsprint.com/companies/precoro/#event-3",
      "on": "2025-10-02",
      "date_precision": "day",
      "title": "Precoro launches its AI Assistant",
      "summary": "Precoro launched an AI Assistant, \"a native AI-powered chatbot\" that answers questions such as which suppliers are overdue or what was spent on marketing, with no coding or SQL.",
      "kind": "Launch",
      "from": {
        "name": "The AI procurement software map",
        "url": "https://www.newsprint.com/research/procurement-software/#co-precoro"
      },
      "source": {
        "name": "AJOT (Precoro release)",
        "url": "https://www.ajot.com/news/precoro-launches-ai-assistant-to-eliminate-reporting-bottlenecks-and-speed-up-spend-decisions"
      }
    }
  ]
}