Precoro Pricing, Features, Reviews & Comparison of Alternatives

Precoro

Beautiful Procurement software for progressive companies

4.81/5 (48 reviews)

Precoro overview

What is Precoro?

Precoro is an innovative purchasing and spend management software, that helps companies to fully eliminate manual workflow and save lots of time and money.

Three problems are solved with Precoro:
* Manual work with papers, Google Docs, Slack messages, emails, etc.;
* Losing money due to overbudgeting;
* Time is spent inefficiently due to human mistakes.

The results you get with Precoro:
* eliminate paper documents, Excel, email records and all the manual work.;
* streamline approvals, get purchases faster to do your job in the best way.
* save a ton of money while sticking to budgets.

When founded in 2015, we at Precoro Inc. understood that there's still an old-fashioned feeling about purchasing software: it was clunky, hard to set up, a long time to implement.

With Precoro, modern procurement software has become a completely new category, as we use the following approaches:

* Easy to use - a beautiful interface that anyone can adopt to in minutes;
* Free trial - for you to try the product;
* Open pricing - know what you pay for;
* No implementation - set up a product in a couple of hours to use it for years;
* Very customizable process - self-service product for progressive buyers.
www.precoro.com

Pricing

Starting from
$19/month
Pricing options
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Asia, Australia, Brazil, Canada and 8 other markets, Europe, Germany, India, Japan, Latin America, Mexico, Middle-East and Africa, United Kingdom

Supported languages

English
Precoro screenshot: Dashboard - Informative dashboard, where you can track your spend progress and see what is left to doPrecoro Product IntroPrecoro screenshot: The view of the Purchase Order: approval information, live budget information, Supplier info and a lot more.Precoro screenshot: Budget Management - the main thing here is the progress bar, on the right side of the screen.Precoro screenshot: A lot of ways to generate amazing reports in seconds: Visual reports, Reports you can export, Custom reportsPrecoro screenshot: You can easily upload Product catalog and use to save 80% of time while raising requests or ordersPrecoro screenshot

Precoro reviews

Excellent
39

Very good
9

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.8
  4.6
  4.8
  4.7
Kapil Sisodiya

Best Procure to Pay solution in the market with this cost

Used daily for less than 6 months
Reviewed 2018-08-28
Review Source: Capterra

Overall, it is very nice and handy tool.

Pros
1. Price 2. Configuration feasibility 3. Workflow management 4. User level access and configuration is simply superb, for sure you will not get this feature with this amount.

Cons
1. PR/PO approval should be more configurable, currently it is based on the price, should also be based on the type, dimension of the product as well. 2. Budgeting should also be possible to the location level.

Response from Precoro


Kapil, thank you very much for the review!
Our budgeting module does work on the location level in fact.
Our Customer Success Team will help you to set up the budgets according to your company's needs!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Yana Tudos

I highly recommend Precoro for its great analytics and reports

Used daily for 1-2 years
Reviewed 2016-08-03
Review Source: Capterra

We use Precoro in our 4 offices to analyse all the spendings around the company. Precoro helps us to track all the spendings, beginning with office purchases and ending with Internet connection. Each employee has his own Precoro account and they make purchase requests, that I approve and send to suppliers directly from Precoro. The most useful feature for me as the responsible purchaser is great spend analytics and reports.

Pros
Our employees really like simple and pretty catalog of goods and services that they can request. Analytics helps me to report CFO about our spendings any time. I think, that the time I spend from making a request to buy and pay bills has decreased and there's a bit less chaos in making purchase request - now they use only Precoro, instead of email, paper, phone etc.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Olga Batsyura

Gratitude for the effective collaboration

Used daily for 1-2 years
Reviewed 2016-08-23
Review Source: Capterra

We use this software for order office materials and other services daily and have a lot of advantages. The most important is that we can control the orders of our employees and limit the budget.

Pros
1. Easy use. 2. Quick order of goods and services. 3. Client support. 4. Opportunity to compare prices from different suppliers. 5. Budget control. 6. Reporting on the orders.

Cons
N/A

Response from Precoro


Thank you so much! We really appreciate your review!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Anonymous

Great software for managing your budgets

Used daily for 6-12 months
Reviewed 2019-12-26
Review Source: Capterra

Going over budget was the biggest problem for us. Everything was on paper and hard to track. We have been receiving the invoices from suppliers for not budgeted purchases. Precoro helped us to get control over the spendings with the approval and budget features.

Pros
The system is fast in implementation and has a very user-friendly interface. It was quite easy for our people to get used to Precoro. It has good budgeting functionality and flexible approval which helped us to configure our specific process. I like that everything is in the cloud and you are not buried under the pile of paper.

Cons
You cannot delete some of the data like cost center, it can be hidden or disabled only.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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David Strnad

Precoro review

Used daily for 1-2 years
Reviewed 2019-06-21
Review Source: Capterra

Our overall experience is very good. The software is user friendly, easy to use with very good support.

Pros
The customer support is brilliant and very quick in solution.

Cons
Unfortunately it is not possible to disable unused items in counters. But I believe, this will be solved soon.

Response from Precoro


Thank you for the review.
We're glad to know that Precoro helps you to improve your process! Should you have any questions, please contact your personal customer success manager - we're always there to help.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 8/10

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Precoro pricing

Starting from
$19/month
Pricing options
Free trial
Subscription
View Pricing Plans

Precoro has a perfect pricing for any business:

* 1-5 users - $29/mo per user
* 6-20 users - $24/mo per user
* 21-50 users - $19/mo per user

For enterprise plan (50+ users), contact Precoro directly.

Precoro features

API
Activity Dashboard
Activity Tracking
Audit Trail
Automatic Notifications
Customizable Reporting
Data Import/Export
Document Storage
Inventory Management
Inventory Tracking
Monitoring
Real Time Data
Real Time Reporting
Reporting & Statistics
Third Party Integration
Workflow Management

Auditing (344 other apps)
Billing & Invoicing (280 other apps)
Compliance Management (351 other apps)
Document Management (283 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options
This will ask you to sign in with LinkedIn

Videos and tutorials

Additional information for Precoro

Key features of Precoro

  • Activity dashboard
  • Activity management
  • Activity tracking
  • Alerts
  • Approval process control
  • Audit Trail
  • Automatic Notifications
  • Budget control
  • Configurable workflow
  • Contract management
  • Cost analysis
  • Custom Fields
  • Customizable Reporting
  • Data import/export
  • Document Storage
  • Email notifications
  • Expense tracking
  • Forms management
  • Inventory Tracking
  • Inventory management
  • Invoice Management
  • Invoice processing
  • Online catalog
  • Order approval
  • Planning tools
  • Procurement management
  • PunchOut
  • Purchase order management
  • Purchase orders
  • Purchasing management
  • Real time analytics
  • Real time data
  • Real time monitoring
  • Real time notifications
  • Real time reporting
  • Real time updates
  • Receiving
  • Reporting & statistics
  • Requisition management
  • Role-based permissions
  • Single Sign On
  • Sourcing management
  • Spend analysis
  • Spend control
  • Supplier management
  • Supplier onboarding
  • Third Party Integration
  • Tracking features
  • Two-Factor Authentication
  • Workflow management
View All Features

Benefits

Precoro enables users to create Purchase Orders and Request Approval electronically, and manage purchasing processes conveniently.

Precoro stores all procurement information in one place, giving users easy access as well as complete control over all requests, reconciliations, budgets and orders.

Precoro offers intelligent supplier onboarding and validation, ensuring effective and efficient supplier data and document management.

Users can monitor procurement and budget operations in real time, affording users complete transparency of the internal processes of the enterprise.

Precoro includes three way matching, enabling users to match invoices, packing slips and purchase orders accurately and securely.

Get the maximum security with 2-factor verification and SSO.