Precoro: what it sells, price and AI features
Precoro is on the AI procurement software map. We record 3 dated launches and events for it. The latest is dated April 21, 2026.
Updated . Launches and events from Oct. 2, 2025 to April 21, 2026.
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: precoro.com.
- Site
- precoro.com
- Category
- Source-to-pay suites
- Status
- Active
On the research maps
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The AI procurement software map
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: precoro.com.
- Category
- Source-to-pay suites
- Price
- not read; check precoro.com/pricing
- AI capabilities
- Named agent, Contract review, Assistant, AI intake and Invoice and PO matching
- Scale
- Established: a public parent, or a disclosed customer base (Precoro's homepage says 1000+ customers; no funding found.)
Sources: precoro.com, eznewswire.com, eznewswire.com, ajot.com and briefglance.com.
Launches and dated events, newest first
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Precoro launches AI for Quotation
Launch, . Precoro added an AI feature that turns supplier quotes, which arrive as PDFs and images, into structured purchase requisitions within seconds.
Source: Precoro release via EZ Newswire. From the AI procurement software map.
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Precoro adds AI invoice OCR and vendor insights
Launch, . 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.
Source: Precoro release via EZ Newswire. From the AI procurement software map.
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Precoro launches its AI Assistant
Launch, . 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.
Source: AJOT (Precoro release). From the AI procurement software map.
Methodology and corrections: what counts as a launch, how each one is checked, and how to report an error.
License: CC BY 4.0. Reuse it with credit to Newsprint.
Cite as: Newsprint, "Precoro: what it sells, price and AI features", https://www.newsprint.com/companies/precoro/, updated 2026-11-11