Hermes by Calpion
Basware
Parashift
FactWise.io
Bill.com
SMAC Cloud
Stampli
Zumen
Precoro
Ariba
Procurify
ProcurementExpress
BuyerQuest
SAP Fieldglass
Jaggaer
Coupa
The number one challenge in AP Invoice processing that we heard from CFOs was a high volume of non-standard invoices in multiple formats received from hundreds of vendors mostly via email round the clock. Other concerns and challenges the Accounts Payable team faced were the need to verify and process these invoices manually, checking for multiple validations for accuracy and validity of the invoice. Apart from the huge manual data entry effort of manually keying the invoice into the AP software, there was also a lot of manual effort to validate the invoice against PO, Contract, Vendor Master, and Tax calculations. Hermes - AP Automation was built keeping this in mind.
Approve documents 2,5x faster from any device using email or Slack notifications. Streamline approval workflow by adding as many steps as you need and assigning specific roles for colleagues.
Save up to 19% of your purchasing budget. Track discounts and never spend more than planned. Increase cash flow transparency by monitoring corporate expenses (including reimbursements). Get clear analytics and insightful reports to plan your procurement strategy more thoughtfully.
Reduce manual data entry. Create, approve and track POs just in a few clicks or transfer your orders from Amazon Business via Punch-in. Manage suppliers, item catalogs, inventory, and more within one platform.
Connect Precoro with your ERP and other business tools using ready-made integrations (NetSuite, QuickBooks, Xero) or a free API. Forget about duplicated payments and manual document matching.
Keep all your data secure with SSO and reliable 2-factor authentication.
Precoro's user-friendly interface lets you forget about complex onboarding and long-lasting training. You'll get advisory and support from your CSM anytime you need it. Precoro grants you access to all features and updates regularly.
Sincerely yours, Precoro team
Hermes by Calpion PrecoroAwesome software to manage your accounts payable. There's a centralized dashboard where you can see the status of all your payment. Very easy to pay business bills. Would definitely recommend it to other SMBs. It's a great solution for processing accounts payable. There are approval workflows which makes it easy to control payments. It is really simple to pay bills with a just few clicks.
We can track each purchase order, who created it, and why. They are no longer lost, and we can always see the history. The dashboard allows us to monitor information about all essential documents and at what stage they are now and keep track of which invoices have not yet been paid or partially paid. By setting up budgets for each department, we can effectively plan the allocation and prevent overspending. The system is very flexible and convenient. I can't imagine my work without it.
I easily plan budgets for each project, promptly track spending, and create custom reports. Precoro allows doing this in 2 clicks. All suppliers and items are in one place, so purchase requests and orders are quickly created without errors. Precoro is a cloud-based tool, so I can use it from any device as long as I have internet. This greatly speeds up approval time and helps me keep everything under control no matter where I am.
Each employee has access to Precoro at least for purchase requisition creation. This is very convenient because the budgets of each department are visible to their employees. Attachments and comments can be added to the requisitions, and items are added directly from the loaded catalog. All subsequent docs (from purchase order to receipt) are created automatically, significantly saving time. All statuses can be tracked in real-time and are always correct. The approval process is customizable; creating 1 or more stages to comply with the company's rules is possible.
Basware - Basware is an all-in-one Billing, and Invoicing Solution that offers scale and reaches for organizations of all sizes allows them to grow their business and unlock values across their operations by simplifying and streamlining financial processes.
Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.
Parashift - Parashift is a deep tech company focusing on the autonomization of document processing through artificial intelligence/machine learning.
Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.
FactWise.io - FactWise S2P optimizes procurement for product manufacturing companies globally. The platform provides transparency and insights to leaders, automates processes to improve efficiency, and drives bottom-line impact by unlocking savings potential.
ProcurementExpress - ProcurementExpress.com is a powerful, user-friendly online purchase order management system. End Your Wasted Spend. Simple. Fast & Effective.