cost centers and how to optimize them

8 min read

Cost Centers: How to Understand and Optimize Them

Cost centers serve as critical components in any organization, offering a lens through which to analyze and manage expenses effectively. Read about the logic of cost centers and ways to manage them with maximum efficiency.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
Presenting a Brand-New Dashboard: All Vital Spending Indicators at Your Fingertips

3 min read

Presenting a Brand-New Dashboard: All Vital Spending Indicators at Your Fingertips

Meet our completely renewed dashboard. Gather all essential spending indicators and track progress for the required period of time. Explore the action panel, graphs, charts, filters, and more to stay in the loop.

Tetiana Katrych
Tetiana Katrych
News
Liquidity Management: Importance, Risks, and Best Practices

14 min read

Liquidity Management: Importance, Risks, and Best Practices

Liquidity management is a must-have practice for a company to meet its financial obligations. Learn how to measure liquidity and tips for improving it.

Marta Holyk
Marta Holyk
Procurement Basics
How the International School of Zug and Luzern Achieved Time- And Cost-Savings by Transforming Its Purchasing Process

15 min read

How the International School of Zug and Luzern Achieved Time- And Cost-Savings by Transforming Its Purchasing Process

Learn how the International School of Zug and Luzern transformed its purchasing process, gained full budget control, and significantly reduced costs.

Marta Holyk
Marta Holyk
Case Studies
Product Update, January 2024

5 min read

Product Update, January 2024

Explore Precoro's latest features: Enhanced OCR, NetSuite updates, and the ability to send multiple questionnaires to suppliers.

Tetiana Katrych
Tetiana Katrych
Product Updates
procurement management plan to mitigate inflation

10 min read

Crafting a Procurement Management Plan to Mitigate the Impacts of Inflation

In the ever-evolving landscape of business, inflation is something every stakeholder should care about. Learn how a procurement management plan can improve a company’s durability and mitigate the effects of inflation.

Marharyta Golobrodska
Marharyta Golobrodska
Procurement Basics
Introducing New US-Based Data Server

2 min read

Introducing New US-Based Data Server

Precoro's services have leveled up! We've improved geographical capabilities for our American customers with the launch of our new US data server – now fully operational.

Tetiana Katrych
Tetiana Katrych
News
RFQ vs. RFP: Which One Should You Use?

9 min read

RFQ vs. RFP: Which One Should You Use?

RFQ vs. RFP: Which one should your company use to choose the best deal among prospective vendors? Learn more about each document, their differences, and tips to simplify the RFQ and RFP processes.

Marta Holyk
Marta Holyk
Procurement Basics