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Precoro vs SOS Inventory Comparison

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Overview

Category Leaders

Precoro is a cloud-based purchasing software that streamlines procurement processes for SMBs and Enterprises. Gain full transparency...

SOS Inventory is a QuickBooks Online integration that enhances inventory tracking, equipment management, and more. Key features...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Video & Screenshots

No videos yet

Pricing

Starting from

35

/user

Per month

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

Starting from

49.95

Per month

  • Free trial available
  • Credit cardless trial
  • Free account
  • Subscription based

User reviews

4.8

160

5

4

3

2

1

129

31

0

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

4.4

5

5

4

3

2

1

2

3

0

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

Pros

The search function is great for finding other users’ PO's. Integration with QBO was our requirement, so we were happy that effective and easy-use purchase software has this integration.

AR

Anonymous Reviewer

Excel tables took so much of our time, and it was unreal to monitor spends effectively. We are thrilled with the results of partnering with Precoro.
AvatarImg

Aleksandra K.

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.

AR

Anonymous Reviewer

Pros

Not enoughreviews yet

Cons

Unable to tie in with accounting software, however no platforms we looked at couldn't tie in with our accounting systems due to it's limitation and not Precoro.

ST

Scott T.

Each lacked some functionality - someone has no inventory, someone - multicurrency. We've chosen Precoro because they cover all requests.
AvatarImg

Irina M.

Before meeting with Precoro, I always a self-controlled process of my company purchases. It takes a lot of time and I'm tired.

BH

Bob H.

Cons

Not enoughreviews yet

  • Vendor responds to reviews
  • Last review9 days ago
  • Vendor responds to reviews
  • Last reviewa year ago

Key features

  • Total features92
  • "What If" Scenarios
  • API
  • Access Controls/Permissions
  • Accounting Integration
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Asset Tracking
  • Audit Trail
  • Barcode / Ticket Scanning
  • Barcoding/RFID
  • Billing & Invoicing
  • Bills of Material
  • Budget Control
  • Budgeting/Forecasting
  • Cataloging/Categorization
  • Categorization/Grouping
  • Collaboration Tools
  • Compliance Management
  • Configurable Workflow
  • Contract Lifecycle Management
  • Contract/License Management
  • Cost Tracking
  • Currency Conversion
  • Customer Management
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Data Extraction
  • Data Import/Export
  • Data Visualization
  • Document Management
  • Document Storage
  • Expense Claims
  • Expense Tracking
  • Expiration Date Management
  • Financial Reporting
  • Forecasting
  • Import/Export Management
  • Integration Management
  • Inventory Management
  • Inventory Optimization
  • Inventory Tracking
  • Invoice Management
  • Invoice Processing
  • Mobile Access
  • Mobile Receipt Upload
  • Monitoring
  • Multi-Currency
  • Multi-Location
  • Order Fulfillment
  • Order Management
  • Order Processing
  • Order Tracking
  • PO Reconciliation
  • Performance Metrics
  • Planning Tools
  • Procurement Management
  • Product Identification
  • Product Lifecycle Management
  • Production Management
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Purchasing Reports
  • QuickBooks Integration
  • Quotes/Estimates
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Notifications
  • Real Time Reporting
  • Real-time Updates
  • Recall Management
  • Receipt Management
  • Receiving/Putaway Management
  • Recipe Management
  • Recurring Payments
  • Reimbursement Management
  • Reminders
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Reservations Management
  • Rules-Based Workflow
  • Search/Filter
  • Self Service Portal
  • Serial Number Tracking
  • Shipping Management
  • Single Sign On
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Spend Management
  • Status Tracking
  • Summary Reports
  • Supplier Management
  • Supply Chain Management
  • Supply Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Traceability
  • Traceback & Traceforward
  • Transaction History
  • Usage Tracking/Analytics
  • User Management
  • Vendor Management
  • Vendor Master Data Management
  • Warehouse Management
  • Workflow Management
  • Total features40
  • "What If" Scenarios
  • API
  • Access Controls/Permissions
  • Accounting Integration
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Asset Tracking
  • Audit Trail
  • Barcode / Ticket Scanning
  • Barcoding/RFID
  • Billing & Invoicing
  • Bills of Material
  • Budget Control
  • Budgeting/Forecasting
  • Cataloging/Categorization
  • Categorization/Grouping
  • Collaboration Tools
  • Compliance Management
  • Configurable Workflow
  • Contract Lifecycle Management
  • Contract/License Management
  • Cost Tracking
  • Currency Conversion
  • Customer Management
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Data Extraction
  • Data Import/Export
  • Data Visualization
  • Document Management
  • Document Storage
  • Expense Claims
  • Expense Tracking
  • Expiration Date Management
  • Financial Reporting
  • Forecasting
  • Import/Export Management
  • Integration Management
  • Inventory Management
  • Inventory Optimization
  • Inventory Tracking
  • Invoice Management
  • Invoice Processing
  • Mobile Access
  • Mobile Receipt Upload
  • Monitoring
  • Multi-Currency
  • Multi-Location
  • Order Fulfillment
  • Order Management
  • Order Processing
  • Order Tracking
  • PO Reconciliation
  • Performance Metrics
  • Planning Tools
  • Procurement Management
  • Product Identification
  • Product Lifecycle Management
  • Production Management
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Purchasing Reports
  • QuickBooks Integration
  • Quotes/Estimates
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Notifications
  • Real Time Reporting
  • Real-time Updates
  • Recall Management
  • Receipt Management
  • Receiving/Putaway Management
  • Recipe Management
  • Recurring Payments
  • Reimbursement Management
  • Reminders
  • Reorder Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Reservations Management
  • Rules-Based Workflow
  • Search/Filter
  • Self Service Portal
  • Serial Number Tracking
  • Shipping Management
  • Single Sign On
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Spend Management
  • Status Tracking
  • Summary Reports
  • Supplier Management
  • Supply Chain Management
  • Supply Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Traceability
  • Traceback & Traceforward
  • Transaction History
  • Usage Tracking/Analytics
  • User Management
  • Vendor Management
  • Vendor Master Data Management
  • Warehouse Management
  • Workflow Management

Integrations

  • Total integrations4
  • Adobe Commerce
  • Dropbox Business
  • Google Calendar
  • Google Drive
  • Mailchimp
  • Microsoft 365
  • Microsoft Excel
  • Microsoft Outlook
  • NetSuite
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • SAP Business One
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier
  • Total integrationsN/A
  • Adobe Commerce
  • Dropbox Business
  • Google Calendar
  • Google Drive
  • Mailchimp
  • Microsoft 365
  • Microsoft Excel
  • Microsoft Outlook
  • NetSuite
  • PayPal
  • QuickBooks Online Advanced
  • Quickbooks Online
  • SAP Business One
  • Salesforce Sales Cloud
  • Shopify
  • Slack
  • Stripe
  • WooCommerce
  • Xero
  • Zapier

User reviews that mention these apps

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Precoro logo

Precoro

Review

Reviewed 9 months ago

Overall, it completely meets our basic need for PO creation, approval workflow and integration to QBO! It totally speeds up and simplifies our procurement/inventory management. It would be better if several functions mentioned in 2nd page can be achieved. We would like to recommend Precoro to our business partners.

Pros

Integration, approval workflow combining budgeting.

Cons

Please see comment in 2nd page for inventory management section.

Vendor response

Hi Jiahua! Thank you so much for your kind and thorough feedback! This information is very useful for our future users. Our team is happy to help and to know that Precoro can save you time and money.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Precoro logo

Precoro

shipping lead

Reviewed a year ago
Pros

Maintaining a transparent inventory is very important.

Cons

The fields could be better organized and labeled.

Vendor response

Raul, thank you a lot. We always try to be better and make new updates each month to make using Precoro easier.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Precoro logo

Precoro

Highly Recommended

Reviewed a year ago

We Bayat Power is very much Satisfied with Precoro and our sister company has also implemented the same. Customer care is excellent.

Pros

Budget Set up & Tracking, PO tracking, inventory.

Cons

None as such to describe, we are satisfied

Vendor response

Subhash, thank you a lot for this feedback. We're happy to hear that you're satisfied with our product!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Precoro logo

Precoro

Good tool for a start up or small company

Reviewed 14 days ago

It is a great tool for tracking and accounting but this will not be a good tool to manage inventory

Pros

I can see my purchasing history and easy to manage (use)

Cons

It could be more user friendly and hard to see inventory after PO is submitted

Vendor response

Hi Veronica! Thank you for the review. Rest assured that our team works hard every day to further improve the software and complement it with new integrations and plugins to truly meet every need out there. Thank you for being with us!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Precoro logo

Precoro

Good experience

Reviewed 2 years ago
Pros

Easy to use, good potentiality on the reports

Cons

If I make a mistake sometimes it's impossible to make a correction. The inventory management is poor.

Vendor response

Fabio, thanks a lot for your feedback. Should you have any additional questions, you are more than welcome to contact us!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Precoro logo

Precoro

Great tool for new startups

Reviewed a year ago

I am glad I found Precoro at the start of our business operations, it got us back on track with our purchasing process.

Pros

The ease of implementation, user friendliness and the support is great, especially for non-finance managers

Cons

As the business grow and operations get more complicated, Precoro alone may not be sufficient (e.g inventory management, payment vouchers creation)

Vendor response

Besey, thank you a lot. We're delighted to hear about the benefits of the system for your new startups.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Precoro logo

Precoro

Great software to streamline procurement process!

Reviewed a month ago

The Precoro team was very helpful and responsive to my questions, requests, and concerns during implementation

Pros

Ease of use and implementation, the visibility it creates within the procurement process, and the overall functionality

Cons

Lacking additional inventory features that are necessary for our business. Also, it would be nice if it could marry up with our accounting software.

Vendor response

Steven, many thanks for your kind feedback! We're happy to hear you have had a positive experience using our system. We understand the need for inventory module improvements, so we have already started working on it. We'll keep you in the loop. Meanwhile, our support team is always there to help!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Precoro logo

Precoro

Phenomenal way to stay organized

Reviewed 2 years ago

Love the way it's streamlined our purchasing process nationwide

Pros

Our company works remotely nationwide and this allows us all to stay organized and connected with our purchasing and inventory

Cons

So far using the system there aren't any aspects I've come across that I would consider a con

Vendor response

Brent, thank you very much for your feedback. We are happy to hear that Precoro helps you improve your process.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Precoro logo

Precoro

Constantly improving

Reviewed a year ago

My teammates went through about 6-7 software. Each lacked some functionality - someone has no inventory, someone - multicurrency. We've chosen Precoro because they cover all requests.

Pros

Most of all, I like multicurrency, inventory and complex processes. During the onboarding process, we didn't need any help (max - 1-2 times). This is an indicator of good user interface, which is comprehensible for our 6 users of Precoro.

Cons

Nothing to figure out yet. The company is continuously adding new features, which makes works simpler.

Vendor response

Irina, thank you very much! It's a pleasure to know that you chose our system from many others and as a result, you have only great impressions of our product. We appreciate it!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Precoro logo

Precoro

Precoro Review

Reviewed a year ago

Overall using precoro makes procure item easier and simple. It really helps in our daily use. They also have a decent reporting. , though need some more report option. Overall good.

Pros

The user interface in this system is very easy and comfortable to use for the users. They have a proper workflow in requesting items, inventory, up to payment in finance

Cons

Some of the features are not flexible enough and need some improvements. For example in choosing & selecting vendor, i think it should be more option. Also i think in the product management, it would be easy if 1 item can connect to 3-5 vendors. There's some bugs here and there that need to be fixed and upgraded.

Vendor response

Hi Kenny! It's great to hear that you enjoy using Precoro! Thank you for this brilliant review. As today's market constantly evolves, so does our software, and we continuously work to pack it with more integrations and features. So stay tuned for more updates coming your way! Keep staying with us!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8/10

Share this review:

Precoro logo

Precoro

4M Healthcare Precoro Review

Reviewed 9 days ago
Pros

Precoro is a great system that is very easy to navigate. The integration process was smooth. It was very convenient being able to load our inventory into a speadsheet and have it all transferred into the system that way.

Cons

So far, we have not encountered any major issues with the software.

Vendor response

Hi Kayla! Thank you a lot for sharing this. We're delighted to hear you have had a positive experience using our system. Thank you for being with us!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Precoro logo

Precoro

All my warehouse purchasing needs in one place!

Reviewed 10 months ago
Pros

I love that I can quickly place a purchase requisition where my boss can review, approve and the purchasing department can get an order processed right away! It is seamless! I also enjoy having a place to store all inventory of the warehouse goods.

Cons

It has not been a completely user-friendly experience. Luckily with the help of [SENSITIVE CONTENT] and our purchasing team, we have gotten a better grasp of the platform.

Vendor response

Dear Monica, thank you for your honest feedback! We're delighted to read that Precoro makes running a business easier. Knowing that it allows you to save money and time for your company brings smiles to our faces. Should you have any questions, please contact your personal customer success manager we're always there to help.

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend7/10

Share this review:

Precoro logo

Precoro

Good baseline solution with room to grow

Reviewed 10 months ago

We did not have a procurement process or ability to approve invoices in a systematic way. This is no longer a problem for us. We also didn't have a great way to measure budget vs actual spend on our construction projects. Precoro has provided us with an uplift in that respect.

Pros

Three main things: 1. Ease of use 2. Flexibility in configuring approval workflows 3. Customer Service - [SENSITIVE CONTENT] and team have been amazing in helping us work through issues. Some are user errors, some are system issues. In either case, we get the same level of attention.

Cons

I really wish we were able to sync POs, invoice and receipts to NS. I understand there is a one document sync limit to Netsuite and we elected to to have invoices as our syncing document. This limitation prevents us from fully leveraging Precoro for our inventory related purchasing. For invoice syncing, it would be helpful if documents copies would also sync back to Netsuite. More robust reporting, particularly around budgets would be welcome.

Vendor response

Hi Angelo! Thanks for taking the time to write such a detailed review! We're taking all your points into consideration for future upgrades. Feel free to contact support at any time with more suggestions. It will help make Precoro better for users as quickly as possible! Thank you for being with us!

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend9/10

Share this review:

Precoro logo

Precoro

Precoro is just what Orkidstudio Ltd needed!

Reviewed 3 years ago

Precoro has been very helpful with budget tracking; we are able to tell at any one time the status of any one budget thus make solid and on time decisions. Supplier management has also been a plus, its possible on a click of a button to tell the status of supplier accounts, even more helpful with credit accounts - reporting on aged creditors is more accurate and cash-flow projections easier to project. The 3 way document match of the PO, Goods Received Note and the Supplier Invoice has also reduced errors at the Accounts Payable desk. Paper-printing has been reduced by a huge margin, Approvals done not only promptly but accurately. It is definite we are a more efficient Supply Chain team since we logged onto Precoro! Thankyou!

Pros

Precoro offers a start to end procurement solution - its a software that manages our inventory catalogue, through which user departments would log in their purchase requests, prompt approvals online both at Purchase request and Purchase Order level, monitor budgets, and monitor receipt of goods by user departments and invoices for suppliers by the Accounts Payable department. It has a supplier management module which has proved helpful most especially with management of supplier credit accounts.

Cons

We are yet to figure out the integration of the software with Quickbooks online to ensure a seamless functionality of the software across the board for the Procurement and Finance teams.

Vendor response

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.