Precoro Pricing, Features, Reviews & Alternatives

Precoro

Beautiful Procurement software for progressive companies

4.83/5 (69 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
Free
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada, United Kingdom, Australia, India and 4 other markets, Japan, Germany, Brazil, Mexico

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 user reviews

Excellent
57

Very good
12

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.8
  4.6
  4.8
  4.8
Jacques d.

Excellent product with a great team backing it

Used daily for 1-2 years
Reviewed 2020-06-18
Review Source: Capterra

We had a great implementation and also enjoy using the software on a daily basis. It's easy to maintain and set up. But most of all, the Precoro team - managers and support - are always willing to help and listen - which adds a lot of value.

Pros
I like the customisable workflow for approvals. It has grown a lot since inception and you now have a lot of flexibility. I like the custom fields on a document or line level and I appreciate the easy to use in interface. It's really easy to train users on it and support is really quick in addressing any issues that might arise - whether a bug (very few of those experienced - none in the last 12 months) or user error.

Cons
In the beginning, it didn't meet all our requirements. But the team listened and implemented all of our suggestions and they are now available to all users - so we're very pleased.

Response from Precoro


Jacques, thanks a lot for your feedback. We're happy to know that Precoro helps you improve your process.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Ife E.

Fantastic software that adapts to your organization's current/ future needs.

Used daily for 2+ years
Reviewed 2021-03-24
Review Source: Capterra

Precoro has delivered on so many of our requirements and continues to adapt to our needs. Precoro has allowed us to implement our paper-based processes to a digital platform and provided us with additional functionality that has been of great use to our department. I would recommend this application to any growing or established organisation.

Pros
The thing I enjoy most about the software and Precoro as a whole. Is how much the software adapts to the growing needs of our organization. Allowing us to manage the PO and PR approval process digitally, monitor budgets on a digital platform. Precoro has provided greater visibility of our spending across projects, suppliers, and locations. It has increased our Purchase order process dramatically and provided user-friendly reporting functionality.

Cons
Initially, the speed at which the software could adapt to our needs. At present, this has improved over the years. It's great to work with an organization that listens to your needs and tries to accommodate them where possible. But there are still features that could be improved .e.g. customization of the PO layout, customization of text sent out with purchase orders, and allocating mandatory/non-mandatory budgets.

Response from Precoro


Ife, thank you for your unbiased feedback and your recommendation. We're glad to know that Precoro improved your purchase order processes! We will undoubtedly work on what you listed in cons and do our best to deliver even more valuable features for our clients.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Abdullah B.

VERY HELPFUL SOFTWARE

Used daily for 6-12 months
Reviewed 2020-06-14
Review Source: Capterra

PR numbering was a big challange for requester but we don't have this problem becuase now it is automatic. PO and approval, confirmation , documentation all these procedure are easy now.

Pros
Whith using this software we leave the old paper system and now we have a perfect managment for our procurment department.

Cons
This system should have an app android or ios app to use it easylly .

Response from Precoro


Abdullah, thanks a lot for your feedback. We're happy to know that Precoro helps you improve your process.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 1/10

Minimize review

Ronit O.

PRECORO SYSTEM

Used daily for 1-2 years
Reviewed 2021-03-23
Review Source: Capterra

I love that the system can be used also from mobile.easy to work when away from a computer

Pros
As the procurement manager I was probably the first user in our conpany. The system is easy to use and well designed. We had some requests that Olena from Precoro and her team developed and added quickly. In general customer service is so helpful . Now as the admin of the system i understand it even better snd i handle the users requests and i can honestly say it is a really great system.

Cons
No SAP integration but Precoro is working on this now and soon we will have this as well.

Response from Precoro


Ronit, thank you for your review and kind words. We're happy to know that the Precoro team could help you, and we will strive to be even better in the future!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Sergei K.

We got everything we needed and even more

Used daily for 1-2 years
Reviewed 2021-04-09
Review Source: Capterra

Pros
We had a system for tracking direct purchasing, but we faced increased demand for purchasing supporting materials - packaging, warehouse goods, shopping goods, ripping, and no system for these needs. There were difficulties with tracking the number of goods in the warehouse and processing requests from the warehouse and shops - there were sent by mail, etc. Now we have a great multi-user platform that serves our 100 employees well. We track all our requisitions and purchases for raw materials, intricate parts, that are procured daily from over 50 suppliers around the globe. Precoro is asy to learn and use, the features we need are built-in, and we didn't have to do a lot of customization!

Cons
Great program. I haven't had any issues with using Precoro.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Precoro pricing

Starting from
$19/month
Pricing options
Free
Subscription
Free trial
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
Access Controls/Permissions
Activity Dashboard
Alerts/Notifications
Audit Trail
Compliance Management
Customizable Reports
Data Import/Export
Inventory Management
Reporting & Statistics
Third Party Integrations
Workflow Management

Audit Management (541 other apps)
Billing & Invoicing (558 other apps)
Document Management (764 other apps)
Mobile Access (742 other apps)
Reporting/Analytics (1031 other apps)
Search/Filter (613 other apps)
Status Tracking (528 other apps)
Work Order Management (526 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.