Precoro Achieves B Corporation™ Certification

Procurement platform joins the global movement of businesses balancing purpose and profit

NEW YORK, July 15, 2025 /PRNewswire/ -- Precoro today announced its official certification as a B Corporation™ (B Corp™), joining a global community of companies committed to using business as a force for good. The certification, granted by the nonprofit B Lab™, confirms that Precoro meets high standards of social and environmental performance, accountability, and transparency.

The rigorous certification process evaluates a company's impact across governance, workers, customers, community, and environment. It also requires a legal commitment to stakeholder governance — ensuring that the company considers the interests of all stakeholders, not just shareholders.

What is B Corp Certification?
B Corp Certification is a global recognition awarded to companies that demonstrate strong performance in ethical business practices and a continuous commitment to improvement. Certified B Corporations are legally bound to create value for all stakeholders — employees, customers, communities, and the planet — and undergo reassessment every three years to maintain certification under evolving standards.
For Precoro, the certification is more than a label — it's a reflection of the company's core philosophy: building long-term trust with customers, partners, and employees through transparency, responsibility, and measurable impact.

"At Precoro, we believe that business can — and must — be a driver of positive changes. Becoming a Certified B Corporation is not a finish line, but a starting point for even greater responsibility, transparency, and impact. It's an opportunity to scale not just our product, but the principles that power it." — Andriy Zhyvolovych, CEO of Precoro

Precoro now joins a growing network of over 9,700 B Corps in more than 80 countries, including leading brands like Patagonia, Coursera, Ben & Jerry's, and Allbirds — all of which are redefining success in business.

About Precoro
Precoro is a procurement centralization and automation platform that helps growing companies gain full visibility into their procurement operations, control costs, and eliminate spend leakages.

Unlike traditional procurement tools, Precoro is purpose-built to manage the full procurement lifecycle across departments and locations, enabling companies to build a structured, easy-to-follow process with clear oversight and control. The platform is intentionally designed to be straightforward and quick to roll out for teams without technical expertise.

Backed by over a decade of experience and powered by a modern technology stack with AI-driven capabilities, Precoro accelerates the most repetitive and error-prone tasks while adapting to specific use cases.

Today, more than 1,000 companies in 80+ countries rely on Precoro to move from fragmented, scattered procurement to a unified, cost-effective, and stakeholder-aligned process.

To learn more, visit precoro.com. (https://precoro.com?utm_source=pr&utm_campaign=corpbus)

Contact:
Maryna Marochko
+380987513686
[email protected]

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SOURCE Precoro