Precoro - User Friendly Sytsem
Use Cases and Deployment Scope
MyBucks Banking Corporation uses Precoro for purchase order creation and delivery, visual analytics expenditure by departments, receiving, three-way matching. Precoro has managed to address many business problems including, real time tracking of expenditure by departments, Cost saving such as reducing printing cost, Increase staff productivity. Consequently, it has reduced duplication of invoices payable to suppliers.
Pros
- Budget tracking
- Visual Analytics
- Notification of duplicated invoices
- Sending Purchase Orders directly to suppliers
- Ability to download reports
Cons
- Option to print directly on Precoro
- Functionality to select different branches under one invoice when the invoice is applicable to branches more than one
- Notifications to alert the authorizer when the approval is taking so long to approve
Likelihood to Recommend
<div>Budget tracking on expenditure by departments - Precoro assists with budget tracking on the total budget which is allocated to each department. If the budget has been exhausted an alert is made for exceptional approval to the budget. </div><div>
</div><div>Duplication of invoices. When a supplier bills us the same invoice twice, Precoro makes a notification that an invoice with the same number was already uploaded for payment. </div><div>
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