Latest Updates: app.precoro.com on January 22, app.precoro.us on February 5.

TABLE OF CONTENTS

• Instantly Turn Quotations into PRs Using the AI Assistant

• Track Supplier Credits by Integrating Standalone Credit Notes

• Spot PunchOut Orders that Need Resending with Email Notifications

Instantly Turn Quotations into PRs Using the AI Assistant

The AI Assistant can now scan supplier quotations and create requisitions right away, so you don't have to spend time on manual data entry. If the assistant is enabled in your company, follow these simple steps:

1. Open the chat and select Create Requisition from Quotation.
2. Upload your quotation document. It can be an image or a PDF file.
3. The Assistant will automatically create a PR draft with all recognized fields already filled in and the quotation file attached. It will then share a link to the document in the chat.
4. If needed, upload more quotations to the same chat to create more requisitions.

If the necessary fields are missing, they're filled out with default values:

• Issue Date—date when the document was scanned.
• Legal Entity—main legal entity of the user who initiated the chat.
• Price—if the item price wasn’t recognized, it’s set to 0.

Please note that the PR won’t be created if the currency is missing or unavailable in your company.

Track Supplier Credits by Integrating Standalone Credit Notes

With this update, you no longer need to come up with workarounds to record negotiations and price corrections in integrations. Credit notes without invoices can now be sent to NetSuite, Xero, and QuickBooks to ensure your spend is tracked as precisely as possible. Standalone credit notes are sent to these platforms if you integrate invoices and are added as follows:

• QBO: Bill with the Vendor Credit type.
• Xero: Credit note not allocated to an invoice. By default, it has the Awaiting Payment status.
• NetSuite: Transaction with the Vendor Credit type.

Spot PunchOut Orders that Need Resending with Email Notifications

When using PunchOut catalogs, you may have noticed that orders occasionally fail to send due to connection errors or incorrect credentials. With this update, we’ve added email notifications that let you know whenever you need to resend a PunchOut order. Thanks to this feature, no info will be lost, so you can be confident that suppliers are informed of your purchases.

Here’s how the notifications work:

1. If the order can’t be sent to the supplier, the PO creator receives a Please Resend Your PunchOut Order email.
2. The email contains a link to the document that wasn’t sent. On the document page, click the new Resend Order to Marketplace button once ready. 
3. After the order is successfully sent, it will gain the Sent to Marketplace status. If the issue persists, please check whether the credentials in the PunchOut configuration are up to date or contact our support team.