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Precoro

Tech (Product)

Kyiv

Verified

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Precoro is a Ukrainian IT and product-based company that helps customers from more than 80 countries automate their procurement operations and thus save time and money.

9+years on the market

90+ employees

1000+satisfied customers

6offices in Ukraine and worldwide

Precoro provides procurement automation solutions for customers to reduce employee workloads, lower costs, and improve productivity.

Precoro helps businesses:

save up to 7% of the annual budget (approximately a million dollars per year for businesses having 200-1000 employees);
reduce the cost of processing invoices by 65%;
reduce the number of double payments by 90%;
reduce the duration of the purchase cycle by 38%;
reduce the need for manual data entry by 80%;
speed up the approval process by 2.5 times.

History of the company's development

Precoro was launched in 2015 and attracted the first 80 customers at that time.

The company received its first $30 from an international client in 2016 and spent it on a pizza for the team 🙂

The company entered the European market in 2017 and attracted 100 new customers.

In 2018, Precoro processed a million orders, entered the markets of Africa and Asia, and started cooperation with charitable and educational organizations.

67 countries worldwide started using the services of Precoro in 2019. The company continued improving its functionality and achieved the first accounting software integration.

In 2020, Precoro continued working in full (despite the pandemic and quarantine) and hired specialists from the USA, Poland, and Latvia.

In 2021, Precoro launched an integration with the American company NetSuite. The company also became the first partner of Amazon Business.

In 2022, Precoro continued operating despite the full-scale invasion. The company did not lay off any employees due to the war; on the contrary, it hired new people.

In 2023, despite the war, Precoro doubled its team. As a result, the company expanded market presence, established strategic partnerships and improved its product to meet new customer needs. The team also participated in various charitable initiatives, in particular from DOU and KOLO, and helped the Armed Forces.

Precoro is proud of the fact that a small Ukrainian company competes with American giants on the global market successfully. There are a lot of cases where customers choose Precoro over stronger competitors.

The company's plans are ambitious. Each department has its own goals. For instance, the Product Department will launch a mobile version of the product. The sales department will work with the Spanish and German markets and attract strong customers from the USA. Precoro's primary goal is to continue to grow so that even more customers can improve their internal procurement processes.

"Precoro's goal is to prove that we can create quality products in Ukraine and sell them to customers worldwide.

We are proud of our achievements, but it is only the beginning. We strive to create more jobs in Ukraine, pay more taxes, and help those who need it. We will continue to do everything possible to make our country and its economy strong and developed.

We also want to be a small and efficient team with impressive growth rates and process quality as long as possible. I dream the Precoro team will become a winning team. That is why we hire the best specialists and give them everything they need for professional development."

Andrii Zhyvolovych,
CEO

Values of Precoro

Openness and transparency. At the end of each quarter, the team leaders present the work results and discuss plans for the next three months. After that, colleagues organize meetings in the office. The CEO shares achievements, changes in the team, helpful information, and answers the questions. Such meetings show how the work of each Precoro employee affects the overall result.
Long-term relationship. The company values long-term cooperation with the specialists it hires. Precoro has many employees who have been working in the company since the first days of its creation.
Support and assistance. In Precoro, everyone — a newcomer or an experienced employee — can ask for advice or help.
Openness to new ideas. Precoro is a place where everyone can influence product development and processes. Precoro takes into consideration all opinions, thoughts, and ideas.
Support and encouragement of development. The company reimburses 100% of the cost of all courses, training sessions, and educational literature so that employees can deepen their expertise and improve their skills.

"Two years ago, if someone had told me that I would find my dream job and become a Growth Marketing Manager in just a year, leading my team, I wouldn't have believed it. I doubt I could have such a career progression in any other company, but everything is possible in Precoro.

Precoro believes in its employees and listens to their ideas and suggestions. When the employees show initiative and desire to create something great, the company rewards them with benefits and promotions. The best teams work in Precoro. Once, I dreamed of real marketing with a bunch of multifaceted tasks, but now I dream of four hands and 48 hours a day because I want to get and achieve everything at once."

Мaryna Marochko,
Growth Marketing Manager

How is it working in Precoro?

The working day in Precoro lasts eight hours, but the schedule is flexible. The employees can start their working day from 8 a.m. to 10 a.m., and finish from 5 p.m. to 7 p.m. Each team member has 24 calendar days of annual leave. Sick leave is paid by the company. It is provided without a medical certificate, as there is total trust in the team. The company understands that Ukrainians are under stress nowadays. So, there are days off for all employees on public holidays.

All employees who have been working in Precoro for more than six months and live in Ukraine are provided with health insurance. The company also gives gifts on birthdays, work anniversaries, and other holidays.

The Precoro office is located in a cottage town near the Heroes of the Dnipro Metro Station. The company provides:

comfortable workplaces for all employees;
couches and armchairs where everyone can rest or work (if they want to change the scenery);
meeting rooms;
a kitchen where everyone can prepare a delicious dinner like at home;
own yard and barbecue area. There is an opportunity to work in the fresh air and have yoga classes;
parking;
stable Internet and a generator.

The company's office is pet-friendly, so you can come to work with your pets.

"I prefer working in the office because there are no distractions and I can concentrate on work. I also enjoy working with my colleagues. If there is a problem or question, I can discuss it with somebody in person. It saves a lot of time.

My favorite place in the office is the kitchen. It is comfortable, and everyone can listen to pleasant background music. There is no deafening silence. I like working in such an informal atmosphere. There is also the best coffee machine 🙂

I also enjoy yoga classes, evening meetings with colleagues, or watching movies together."

Vlad Okishev,
PHP Developer

At the beginning of a full-scale war, Precoro had to adapt to new realities and adjust remote work processes. Nowadays, a lot of Precoro employees work from different countries. The company reimburses them for the co-working space expenses and provides them with the necessary work equipment. Employees living in Warsaw can work at the Google campus.

In Precoro, all employees can keep in touch and get to know each other better while playing online games. There is also a bot that chooses random pairs for friendly conversations. Also, the CEO of Precoro communicates with employees of various departments twice a week.

"I am in Warsaw now. The company reimburses me for the cost of the co-working space where I can work. It also temporarily provides housing and equipment necessary for comfortable work.

We have video calls with our department every week and joint company calls every three months. The colleagues who live in Warsaw organize dinners and informal activities."

Mariia Kornieienko,
Customer Success Manager

Shared leisure time

Precoro employees are fond of swimming along the Dnipro River and admiring the beauty of majestic Kyiv. When the weather is warm, they go for a run every morning. The company also has real athletes who run 42 km marathons. The employees have started playing squash recently. They are also keen on such quests or games as What? Where? When?.

"Since we have some common interests, it is not surprising that we spend our free time together. We play squash, football, or basketball, do yoga, or go for a run on Trukhaniv Island. These activities are constantly carried out outside our working hours.

I remember the day we went for a run, had breakfast together, and washed the car at the end 🙂 It was unforgettable. I consider many of my colleagues to be true friends. I would say that my job is my hobby. I enjoy my work, the result, and the time spent with my colleagues. As HR, I need to inspire the team. The place where I get inspired is Precoro."

Lusik Yegunian,
HR Manager/Recruiter

Charitable initiatives

Every week, the company collects money for employees or their acquaintances who have joined the ranks of the Armed Forces. The company donated to the Tabletochki Foundation and UGS. UGS is an organization that helps Ukrainian students get an education at the best universities in the world.

As part of the charity project Mama Plant a Tree, Precoro planted 600 oak saplings on the de-occupied territory and helped clear 100 square meters of mined territory. The company also supports children living in boarding houses. On Children's Day, Precoro sent humanitarian aid to the Smilian orphanage.

“Enjoying Life: Lunch” is a project of the “Enjoying Life Foundation” fund, which has been in existence since 2017. Thanks to cooperation with restaurants and a large community of volunteers, Ba and Di receive delicious and healthy hot food every day in yellow wooden houses of “Enjoying Life: Lunch” in different districts of Kyiv. Precoro employees became project volunteers and gained invaluable experience.

“Brave to Rebuild” is a volunteer initiative that helps people whose homes were damaged by the Russian invasion. The company's employees are constantly involved in joint work on the reconstruction of Kyiv region.

Also, Precoro employees regularly donate blood. They believe that blood donation is an important part of the country's health care system.

"I often help my friend who is a volunteer. She collects funds for equipment for brigades fighting in Bakhmut. It is much more difficult for volunteers who work ad hoc to raise a lot of money in a short period of time than for well-known charitable foundations. However, thanks to Precoro, the money collection process was faster, and the military received their drones and thermal imagers in time. It is gratifying to realize that our donation helped to buy something essential for our Armed Forces. It is even more pleasant to understand that the company you work for contributes to saving people's lives and brings the victory of Ukraine closer."

Maryna Burska,
Product Manager

Employment process in Precoro

The employees of Precoro must be productive, motivated, and have the desire to learn something new. During the candidate selection, Precoro pays attention to whether the candidates have familiarized themselves with the product and the website and evaluates the logic of their decisions and communication style. To get into the team, you need to go through several stages:

CV screening;
a conversation with a recruiter;
a technical conversation with the hiring manager;
test task (optional).

"My hiring process was a little weird but with a happy ending. Recruiter Lusik responded to my CV on the Djinni website. After a prompt first call and an interview with a recruiter, I was invited to the office for a technical interview. At first, I tried for the position of a PHP developer, but I didn't have enough skills. However, I was invited to a conversation with the Head of Product. After that, I received an offer for a QA Tester position, even though the company did not have such an open position at that time. It impressed me, and I understood that the company is open to anyone motivated to work for results."

Vitalii Romanenko,
QA Engineer

Precoro takes a responsible approach to onboard newcomers. During the first weeks of work, the manager holds check-in meetings with the new employee twice per day. The HR specialist has a friendly conversation about the onboarding and other processes at the beginning and end of each week. In addition, the company has prepared onboarding training for each department. These training sessions will help its employees be aware of the company's services and processes.

"I joined the Precoro team two years ago. I was looking for a job, and a recruiter contacted me through LinkedIn. After discussing the details with her, I realized that Precoro was the place where I could apply and improve my analytical and communication skills. After a three-month trial period, I understood that the company is interested in long-term cooperation and development of its employees. It was crucial for me.

Thanks to effective management and the manager's support, I became a manager in two years. Nowadays, I am creating my team within the department. The company is actively developing. It allows me to develop as well. I am sure that there are still a lot of career achievements ahead."

Solomiia Korinchuk,
Customer Success Manager

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Precoro

History of the company's development

Values of Precoro

How is it working in Precoro?

Shared leisure time

Charitable initiatives

Employment process in Precoro

Are you ready to join a team of professionals and work on an innovative IT product?

Precoro is waiting for your CV!

SEO Content Writer at Precoro

Thanks!

Our editors are notified.

Precoro

History of the company's development

Values of Precoro

How is it working in Precoro?

Shared leisure time

Charitable initiatives

Employment process in Precoro

Are you ready to join a team of professionals and work on an innovative IT product?

Precoro is waiting for your CV!

SEO Content Writer at Precoro

Keep an eye on us 👨‍💻

Thanks!

Our editors are notified.