Precoro, the procurement centralization and automation platform, announced the launch of its AI Assistant, a native AI-powered chatbot that gives finance, procurement, and AP teams instant insights from their purchasing data.

Instead of digging through dashboards or waiting on analysts, users can now simply ask questions like "Which suppliers are overdue?" or "What did we spend on marketing this quarter?" and receive clear, actionable insights in seconds.

With all procurement data consolidated in one platform, the AI Assistant gives teams a real-time view of spend and supplier performance, making it easier to identify trends, reduce risk, and stay in control.

"We noticed that procurement teams were investing too much time in analyzing data," said Andrew Zhyvolovych, CEO of Precoro. "So we built the AI Assistant to give every finance and procurement leader the power to act in real time, without waiting on reports or analysts."