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Precoro

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Last updated on

Company health

Employee growth
13% increase in the last year
Web traffic
19% increase in the last quarter

Ratings

G2
4.7/5
(160)
Capterra
4.8/5
(222)

Precoro description

Precoro is cloud-based software designed to simplify and automate a company's purchasing process. It helps businesses of all sizes track spending, manage approvals, and gain greater control over their procurement workflows. This is achieved through features like automated purchase orders, customizable approval processes, and detailed spending reports. Precoro integrates with popular accounting software, making it easy to manage finances. Its user-friendly design requires minimal training, allowing for quick implementation and adoption.


Who is Precoro best for

Precoro is ideal for businesses of any size that want to simplify and automate purchasing. Users appreciate the seamless, paperless procurement approvals and spend management analysis. We've heard that the step-by-step process from request to PO to invoice is a favorite feature. Precoro helps track spending, manage approvals, and gain greater control over procurement workflows. Integrations with accounting software simplify financial management, and its user-friendly design ensures quick adoption.

  • Perfect for companies of any size seeking better control over their procurement and spending.

  • We find Precoro particularly well-suited for companies in the Healthcare, Wellness, and Pharma industries.


Precoro features

Supported

Procurement Centralization Platform: Precoro is a Procurement Centralization Platform designed to streamline and automate purchasing processes.

Supported

Intake Management: Precoro offers intake management features for efficient request handling.

Supported

Purchasing: Precoro provides comprehensive purchasing features to manage procurement activities.

Supported

Analytics: Precoro provides robust analytics tools for spend tracking and budget control.

Supported

AI-powered features: Precoro offers AI-powered features to enhance procurement processes.

Supported

Customizable purchasing workflows: Precoro offers Customizable purchasing workflows to adapt to different organizational needs.

Supported

Management of purchasing documents: Precoro provides management of purchasing documents for better organization and control.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Rather positive
+0.5

Customer Service

Strongly positive
+1

Ease of Use

Strongly positive
+0.88

Reliability and Performance

Strongly positive
+0.71

Ease of Implementation

Strongly positive
+1

Scalability

Strongly positive
+1

Precoro reviews

We've summarised 391 Precoro reviews (Precoro GetApp reviews, Precoro TrustPilot reviews, Precoro Capterra reviews and Precoro G2 reviews) and summarised the main points below.

Pros of Precoro
  • The "step by step process" is one of the best parts in Precoro, from Req to PO and PO to an Invoice.
  • Easy to use, good product support
  • Precoro has made procurement approvals seamless and paperless.
  • Its the facilitation and tracking of approval processes, maintaining a record of all vendor and expense payments in the one place and the ability to perform spend management analysis
  • User-Friendly Procurement!
Cons of Precoro
  • Precoro should have support team in USA to better support the market.
  • DCC cant be deleted and the subscription price is a bit expensive
  • The system is a bit slow sometimes. Also, there are some recurring system bugs
  • When using Precoro on Mobile it is not designed for that and can cause some annoyance

Precoro pricing

The commentary is based on 32 reviews from Precoro Capterra reviews, Precoro G2 reviews and Precoro TrustPilot reviews.

We find that users generally consider Precoro to be good value for the money. While one user wished for a different billing process and another found it a bit expensive, many highlighted its affordability, especially for small businesses and nonprofits. Several reviews emphasize that the software's time-saving features and improved control make it worth the cost.

Users sentiment

Rather positive
+0.5

See the Precoro pricing page.

Core
Custom

The fastest time-to-value option for controlling spend and migrating from manual processes. Ideal for basic procurement needs, with quick implementation and user adoption.

Automation
Custom

A comprehensive Procure-to-Pay platform for scaling business operations. Offers a centralized hub for supplier management, AI-driven automation, and advanced integrations.

Enterprise
Custom

A complete Procurement Centralization and Automation platform that helps achieve full operational efficiency and generate savings on a global scale.


Precoro alternatives

  • Logo of Pivot
    precoro vs Pivot
    Effortless purchasing, from finding vendors to paying bills.
    Read more
  • Logo of Jaggaer
    Jaggaer
    Streamlines business spending from source to pay.
    Read more
  • Logo of Corpay Spend Management
    Corpay Spend Management
    Control company spending, automate payments, and simplify accounting.
    Read more
  • Logo of Xero
    Xero
    Easy online accounting freeing you from tedious tasks.
    Read more
  • Logo of NetSuite
    NetSuite
    Unified business management for smoother finances, sales, and operations.
    Read more
  • Logo of Microsoft Excel
    Microsoft Excel
    Spreadsheet software for organizing, analyzing, and visualizing data.
    Read more

Precoro FAQ

  • What is Precoro and what does Precoro do?

    Precoro is a cloud-based procurement software that streamlines and automates purchasing processes. We find that it's particularly helpful for businesses wanting better control over spending, approvals, and procurement workflows. It offers features like automated purchase orders and integrates with accounting software.

  • How does Precoro integrate with other tools?

    Precoro integrates with popular accounting software to streamline financial management. We find this level of integration quite helpful for our users. More specific integration details are available from the vendor.

  • What the main competitors of Precoro?

    We find that Precoro's main competitors include Jaggaer, Zip, Lightyear, Basware, and PairSoft. These alternatives offer similar procurement automation and spend management features. Each has its own strengths, so consider your specific business needs when comparing them.

  • Is Precoro legit?

    Precoro appears to be a legitimate and well-regarded procurement solution. We find that users generally praise its ease of use and comprehensive features. Positive ratings and growth further suggest Precoro's reliability.

  • How much does Precoro cost?

    Precoro offers three editions: Core, Automation, and Enterprise. We found that pricing for all plans is custom, so you'll need to contact their sales team for a quote. They don't appear to have a free trial or free plan currently.

  • Is Precoro customer service good?

    We find that Precoro's customer service is highly regarded by users. They praise the responsiveness and helpfulness of the support team, highlighting their personalized approach and willingness to go the extra mile. The Precoro team is often commended for its proactive communication and efficient problem-solving.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.