Andrew Zhyvolovych is the CEO and co-founder of Precoro, a leading global company in cloud-based procurement software. Drawing on his ten years of experience in the supply chain industry and entrepreneurship, Andrew leads a team of professionals dedicated to delivering the full range of benefits that procurement automation can offer businesses.
Andrew’s focus on building a team of top-notch professionals has been the driving force behind Precoro’s success. He personally cooperates with recruiters to find and interview world-class professionals, ensuring that each candidate has the skills, expertise, and passion that will help Precoro flourish.
What is Precoro?
Precoro is a cloud-based procurement software company that empowers businesses to optimise their procurement processes, increase efficiency, and reduce costs. The company’s goal is to provide a single-platform solution for all procurement needs: streamlined approvals, smart budgeting, in-detail reporting, automated PR, PO, invoice processing, and more. Precoro is simple to use and fast to implement, so teams will have no trouble adjusting to their new and improved processes.
What pain points does Precoro address?
While companies can deal with manual processes and paperwork at the beginning, sooner or later the amount of work is too much for employees to handle. This is particularly true for companies that are experiencing growth; as sales and success rise, tasks snowball, causing staff and management to get bogged down with small actions. Eventually, this can hinder long-term growth and capacity for strategic planning.
Precoro smoothly integrates into your procurement workspace, automating every step of the procure-to-pay process. Thus, companies can stop worrying about human errors, delays in approvals, late or duplicated payments, overspending, and more.
Who is your solution aimed at? What does your perfect client look like?
We built Precoro to work for various companies in different industries, thus it can adapt to workflows as needed. Over the years, we are most often approached by:
– CEOs of forward-thinking SMBs and startups looking for a solution that gives complete purchasing visibility and spend control and allows companies to identify growth points.
– CPOs and Procurement Managers who want to improve relationships with suppliers, minimize risks in the supply chain, and identify and implement cost-saving opportunities.
– CFOs that want to improve financial controls, achieve compliance with regulatory requirements, and mitigate financial risks associated with procurement activities.
– COOs wanting to accelerate the procurement cycle, obtain precise analytics on purchasing trends, and ensure the timely procurement of goods and services needed to achieve business goals.
We work with companies from over 80 countries, with most clients currently being in the USA, Canada, and the UK. Precoro’s simple interface means anyone can use the tool, regardless of skill or specialty, which increases spend under management rate by up to 98%. Also, we offer special pricing and consultation for non-profits and educational organisations.
What is the biggest challenge Precoro faces?
At Precoro, we always put people first, whether that means our customers or our employees. People are simultaneously our most important asset and our greatest challenge. As we continue to develop our product, we are also rapidly expanding our team. To stay ahead of the competition, we must maintain the high quality of our recruitment and onboarding processes.
A strong team is the key to innovation, technological success, and mutually beneficial cooperation. We want to bring the most significant value to our customers. That’s why our highest priority is making sure our team members have work satisfaction and opportunities for growth.
Why pick Precoro?
We believe that the best way to understand the value of Precoro is to hear from our clients directly. Here are some points from our reviews:
- Ease of implementation. Precoro is a tool that everyone can adopt in minutes. It has a user-friendly interface that users understand intuitively, so companies don’t have to worry about staff avoiding the tool. From the moment of implementation, purchases outside of the established workflow will be eliminated.
- User feedback is listened to. We believe our customers know best, so we prioritize their suggestions and aim to implement them in integrations and features. Our customers are often pleasantly surprised to see the features they mentioned appear in our product updates.
- Excellent customer support. Our highly responsive customer success team provides more than just software usage assistance; it also works together with customers to develop procurement strategies and processes that will give their companies the maximum possible level of success.
- Customisation capabilities. Precoro consists of several modules, covering steps that range from purchase requisitioning to budgeting. Companies can easily adjust the platform by adding and removing modules according to their growth stage at no extra cost.