Precoro Launches Mobile AI Expense Automation To Cut Manual Work And Centralize Spend Control

New York, NY /PRNewswire/ - Precoro, the procurement centralization and automation platform, today announced a major expansion of its AI capabilities with the launch of mobile-first expense automation. This new feature allows users to simply snap a photo of a receipt, and expense forms are auto-filled in seconds—eliminating manual data entry and reducing processing time for teams on the move.

The update builds on Precoro's proven AI-powered invoice capture, which uses Google OCR to generate invoice drafts with 96% accuracy in under three seconds. Now, Precoro brings the same speed and intelligence to expense management, further streamlining accounts payable workflows and centralizing cost control in a single platform.

"Our mission at Precoro has always been to eliminate busywork so teams can focus on strategic decisions," said Andrew Zhyvolovych, CEO of Precoro. "With this new feature, submitting expenses becomes as simple as taking a photo. It's about giving people back their time and removing the friction from everyday tasks."

Smarter Expense Capture—Anywhere, Anytime
With the new feature, users can now generate expense reports directly from the Precoro mobile app. By snapping a photo of a receipt or uploading a file, the system automatically fills in key fields, including:

• Issue and due dates
• Total amount and currency
• Description and expense number

Users only need to confirm or complete any missing information before submitting the expense for approval.

This saves significant time and reduces the risk of manual entry errors—ensuring faster reimbursements and fewer delays for finance teams and employees alike.

Designed for Distributed, Fast-Moving Teams
Precoro's mobile-first expense automation is built for modern procurement environments. Whether employees are working remotely, in the field, or across multiple locations, they can now submit accurate, complete expenses from their phones in seconds.

The feature is a step forward in Precoro's mission to centralize procurement processes and minimize hidden costs from inefficiencies, mistakes, and fragmented tools.

Building Toward Intelligent, Centralized Procurement
This launch also marks a key milestone in Precoro's broader AI roadmap, which focuses on embedding smart capabilities into real workflows that drive measurable outcomes.

"This is just the beginning," added Zhyvolovych. "We're already exploring new AI-powered tools that help users consolidate data and make smarter decisions across all stages of the procurement process."

By removing friction from everyday tasks, Precoro continues to help growing companies streamline procurement operations, reduce operational overhead, and build centralized visibility across spend categories.

About Precoro
Precoro is a procurement centralization and automation platform that helps growing companies gain full visibility into their procurement operations, control costs, and eliminate spend leakages.

Unlike traditional procurement tools, Precoro is purpose-built to manage the full procurement lifecycle across departments and locations, enabling companies to build a structured, easy-to-follow process with clear oversight and control. The intuitive interface makes it easy to implement and use, even for non-tech-savvy teams.

Backed by over a decade of experience and powered by a modern technology stack with AI-driven capabilities, Precoro accelerates the most repetitive and error-prone tasks while adapting to specific use cases.

Today, more than 1,000 companies in 80+ countries rely on Precoro to move from fragmented, scattered procurement to a unified, cost-effective, and stakeholder-aligned process.

To learn more, visit precoro.com.