Scoro announced it has acquired Envoice, an AI-powered bill and expense management platform, to help professional services firms capture external project costs faster and improve real-time visibility into margins.
Scoro positioned the deal as a response to a common operational gap in services organizations: project work and billable time are typically tracked in one system, while external costs such as contractor invoices, travel receipts, and supplier bills often live elsewhere. That separation can delay true margin visibility until month-end and introduce manual work, including receipt chasing, data entry, approvals, and coding expenses, for the right projects.
By integrating Envoice into its ecosystem, Scoro said it plans to streamline the “pre-accounting” steps that occur before costs are charged to a project budget. Envoice’s extraction technology is designed to read and categorize bills and receipts, while Scoro intends to pull that cost data into project workflows so teams can see profitability as work happens rather than after the fact.
Scoro also framed the acquisition as part of a broader AI strategy. The company said its AI capabilities are built around a customer’s operational and financial data, and that improving the timeliness and consistency of cost inputs should make recommendations and warnings more relevant.
For customers, Scoro said Envoice will continue to operate as a standalone product with its own interface and support, while integrating with Scoro’s project workflows. Scoro reported the Scoro–Envoice integration is already in closed beta, with plans for additional integration enhancements over the coming months. For Envoice customers, Scoro said the product remains the same, while development is expected to accelerate with Scoro’s resources.
