Precoro Pricing, Features, Reviews & Comparison of Alternatives

Precoro

Ground control for purchasing in your company

4.9/5 (42 reviews)

Precoro overview

Precoro is a cloud-based spend management system that offers SMBs a single and centralized platform from which to strengthen and automate their procurement management processes. Incorporating budget tracking, approval routing, spend analysis reports, supplier onboarding and a customizable product catalog, Precoro aims to provide users with an effective and efficient spend management solution.

With Precoro, users have access to smart purchasing, budget and supplier management tools. To enhance purchasing processes, Precoro enables users to create purchase requests, set approval routing and send purchase orders to suppliers instantly. Precoro’s smart purchasing software also allow users to set defined user roles, access a customizable catalog of goods and services as well as generate free forms in order to create more detailed purchase requests. Precoro ensures transparency throughout the entire purchase to pay process by enabling users to track and manage all purchase orders in real time.

To facilitate budget management, Precoro allows users to load corporate budgets automatically or manually, manage budgets by user defined logic, view all purchasing activities and track budgets in real time. Users can also configure alerts to warn of budget overspending, track expenses, obtain spend analysis reports of core and tail spending and upload spend analysis reports straight into the enterprise resource planning (ERP) system. Moreover, Precoro intends to simplify supplier management as well as purchasing and budget management processes by permitting users to onboard and validate suppliers easily as well as handle supplier contracts.
www.precoro.com

Pricing

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

Devices

Business size

S
M
L

Markets

United States, Australia, Canada, Europe, United Kingdom

Supported languages

English
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Precoro reviews

Excellent
38

Very good
4

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

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Dmytro Uvarovsky

In Shypshyna we use Precoro to give access to internal customers in regions

Used daily for 1-2 years
Reviewed 2016-08-30
Review Source: Capterra

We have 28 regions representatives and 19 office employees working in Precoro. All the representatives sell tires and autobatteries. When they need any of this, they use catalog of Shypshyna's products to request them from warehouse (office employees). There is approval routing of 3 employees. Workflow is adjusted. Precoro has friendly UI and our internal representatives easily use it to process purchase requests and make POs from them. Interactive catalog is great, also we can upload report with costcenters into our ERP

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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. 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.

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Zoriana Ustianisvska

Great purchasing tool, really easy in use

Used daily for 6-12 months
Reviewed 2016-08-07
Review Source: Capterra

We use Precoro every day to create POs and send them directly to suppliers. The best feature for us is allocation of purchases on cost centers. I really like friendly interface, the product is easy to setup and configure. Also we integrated Precoro with our ERP SAP and Microsoft Dynamics to get all spending data in one place.In Precoro I like easy creating Purchase Request and Purchase Order; Purchase cost centers autoallocation; Creating reports, that we can easily import in our ERP to track spendings

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Marybeth Freelan

Wonderful replace for some of the popular but hulking programs

Used daily for 1-2 years
Reviewed 2016-11-28
Review Source: Capterra

Our small business besided to try some new software and we are completely satisfied with this new and easy product. It is easier to use for any unexperienced user and works nimble. Thanks to Precoro clouds it became more handy to connect data with our branches and partners. Easy, fast and cloudy database

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Precoro pricing

Starting from
$19/month
Pricing options
Free
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

Activity Dashboard
Activity Tracking
Data Import/Export
Inventory Management
Monitoring
Real Time Data
Reporting & Statistics
Workflow Management

API (418 other apps)
Audit Trail (172 other apps)
Auditing (256 other apps)
Automatic Notifications (316 other apps)
Compliance Management (195 other apps)
Custom Fields (185 other apps)
Customizable Reporting (248 other apps)
Document Storage (182 other apps)
Inventory Tracking (197 other apps)
Invoice Management (180 other apps)
Multi-Location (163 other apps)
Third Party Integration (220 other apps)

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options

Data policy

Data backup in multiple locations/GEO regions
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Additional information for Precoro

Key features of Precoro

  • PunchOut
  • Sourcing management
  • Budget control
  • Online catalog
  • Contract management
  • Expense tracking
  • Inventory management
  • Invoice processing
  • Purchase order management
  • Purchase orders
  • Purchasing management
  • Receiving
  • Requisition management
  • Order approval
  • Approval process control
  • Spend analysis
  • Supplier management
  • Supplier onboarding
  • Spend control
  • Procurement management
  • Workflow management
  • Configurable workflow
  • Real time monitoring
  • Real time reporting
  • Real time analytics
  • Real time data
  • Real time notifications
  • Real time updates
  • Forms management
  • Role-based permissions
  • Activity tracking
  • Tracking features
  • Email notifications
  • Cost analysis
  • Planning tools
  • Alerts
  • Reporting & statistics
  • Activity management
  • Activity dashboard
  • Data import/export
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.