Precoro

4.8 (234)
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Procurement Software That Centralizes, Automates, and Drives

About Precoro

Precoro is a cloud-based solution for procurement centralization & automation. It unifies your procurement operations, eliminates manual work, prevents maverick spend and drives savings — faster than you think. Save 5% of every dollar spent by centralizing procurement data, identifying cost-saving opportunities, and eliminating duplicated payments.

- Procurement: Build stronger relationships with suppliers, store contracts, and simplify requesting for employees. Gain full visibility into spending, manage POs, orchestrate approval routings, and collaborate with suppliers in one tool.

- AP Automation: Save time at each stage of invoice processing with AP inbox, AI-powered OCR, approval workflow, 3-way matching, reporting, integrations, and budget control.

- Spend Management: Seamlessly navigate budgets across locations and departments, manage expenses, and generate reports for insightful analysis. Monitor budget usage to leverage data-driven insights that enhance business profitability.

- Supplier Management: Automate vendor onboarding and approval to mitigate possible risks. Utilize a supplier portal for efficient communication and manage supplier information in a centralized repository.

- Connect Precoro with ERP systems and business tools like NetSuite, QuickBooks Online, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling.

Precoro's user-friendly interface lets you forget about complex onboarding and long-lasting training. Precoro’s intuitive interface ensures onboarding in under 6 weeks - without IT involvement. Customize, scale, and manage with ongoing support from your dedacated Customer Success Manager (CSM).
Keep all your data secure with SSO and reliable 2-factor authentication. Our privacy compliance program aligns with the General Data Protection Regulation and the California Consumer Privacy Act. Moreover, Precoro is SOC 2 Type II compliant, ensuring the utmost protection for all your sensitive data.

Pricing starting from:

US$499.00/month

  • Free Version
  • Free Trial
  • Subscription

Key benefits of Precoro

Precoro will be indispensable primarily for companies in the construction, manufacturing, wholesale, retail, and healthcare industries with many subsidiaries, seeking to overcome fragmented systems, decentralized procurement, and limited spend visibility.

More reasons to love us:

- Fastest time-to-value. Get Precoro up and running in 2 to 8 weeks. Boost operational efficiency and achieve cost savings within the first few months of usage, and let Precoro bring value to your company.

- Mobile-first for fields people. Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand.

- Ease of Use. Forget about complicated and harrowing platforms. With Precoro's user-friendly interface, you'll integrate all company's operations within 2 weeks.

- Full flexibility. Get complete freedom to add or remove modules from the system according to your growth stage, set up unlimited custom fields for all documents and budgets, design various approval workflows, and generate multiple real-time reports at no extra cost.

- Lifetime Support. We offer advice and support you can rely on for years. No chatbots, no long waits for calls, no extra costs. 96% of questions are answered within 2 hours. We aim to be your last stop in the search for a procurement solution.

Typical Customers

  • Freelancers
  • Small Businesses (2-50)
  • Mid-size Companies (51-500)
  • Large enterprises (500 and more)

Deployment

  • Cloud-based
  • On-premise

Markets

Afghanistan, Albania, Algeria, American Samoa, Andorra and 223 others

Supported Languages

English, French, German, Spanish

Pricing starting from:

US$499.00/month

  • Free Version
  • Free Trial
  • Subscription

Images

Precoro Software - Informative dashboard, where you can track your spend progress and see what is left to do.
Precoro Software - Keep all documents digitized and organized in one collaborative space. Maintain perfect track of all purchasing activity across multiple projects and locations. Collaborate on the same documents on-site or remotely using any device.
Precoro Software - Set up to monitor and control budgets for each location, department, or project. Visualize the overall spending status with progress bars and pie charts for future decisions.
Precoro Software - Get insight into your business operations through visual analytics and real-time detailed reports.
Precoro Software - Choose any module combination you want to work with. Customize approval workflow, budgets, reports, and more. Make changes as you see fit.
Precoro Software - Streamline approval workflow. Add as many steps as required, and assign a specific role for each colleague.
Precoro Software - Easily track employees' expenses and corporate card payments. Receive alerts and make employees reimbursements in time.
Precoro Software - Store suppliers' information in one place and collaborate with them directly via Precoro. Monitor the most profitable offers using an item catalog and never miss the best deals.
Precoro Software - 9
Precoro Software - Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand. Conveniently monitor spend, approve orders, and engage in seamless collaboration with your team in any place.
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Precoro video
Precoro video
Precoro Software - Informative dashboard, where you can track your spend progress and see what is left to do.
Precoro Software - Keep all documents digitized and organized in one collaborative space. Maintain perfect track of all purchasing activity across multiple projects and locations. Collaborate on the same documents on-site or remotely using any device.
Precoro Software - Set up to monitor and control budgets for each location, department, or project. Visualize the overall spending status with progress bars and pie charts for future decisions.
Precoro Software - Get insight into your business operations through visual analytics and real-time detailed reports.
Precoro Software - Choose any module combination you want to work with. Customize approval workflow, budgets, reports, and more. Make changes as you see fit.
Precoro Software - Streamline approval workflow. Add as many steps as required, and assign a specific role for each colleague.
Precoro Software - Easily track employees' expenses and corporate card payments. Receive alerts and make employees reimbursements in time.
Precoro Software - Store suppliers' information in one place and collaborate with them directly via Precoro. Monitor the most profitable offers using an item catalog and never miss the best deals.
Precoro Software - 9
Precoro Software - Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand. Conveniently monitor spend, approve orders, and engage in seamless collaboration with your team in any place.

Features

Total features of Precoro: 112

  • "What If" Scenarios
  • API
  • Access Controls/Permissions
  • Accounting Integration
  • Activity Dashboard
  • Activity Tracking
  • Ad hoc Reporting
  • Alerts/Notifications
  • Approval Process Control
  • Approval Workflow
  • Audit Management
  • Audit Trail
  • Auditing
  • Bank Reconciliation
  • Billing & Invoicing
  • Budget Control
  • Budget Management
  • Budgeting/Forecasting
  • Catalog Management
  • Categorisation/Grouping
  • Collaboration Tools
  • Compliance Management
  • Compliance Tracking
  • Configurable Workflow
  • Contract Lifecycle Management
  • Contract/License Management
  • Customizable Fields
  • Customizable Reports
  • Customizable Templates
  • Dashboard Creation
  • Data Import/Export
  • Data Visualization
  • Disclosure Management
  • Document Management
  • Document Storage
  • Duplicate Payment Alert
  • ERP integration
  • Emission Calculations
  • Emissions Management
  • Emissions Monitoring
  • Environmental Compliance
  • Environmental Metrics
  • Expense Claims
  • Expense Management
  • Expense Tracking
  • Financial Analysis
  • Financial Reporting
  • Forecasting
  • Import/Export Management
  • Integration Management
  • Inventory Control
  • Inventory Management
  • Invoice Management
  • Invoice Processing
  • KPI Monitoring
  • Mobile Access
  • Mobile Receipt Upload
  • Multi-Company
  • Multi-Currency
  • Multi-Department/Project
  • Multi-Location
  • Onboarding
  • Order Fulfillment
  • Order Management
  • Order Tracking
  • Performance Metrics
  • Process/Workflow Automation
  • Procurement Management
  • Project Management
  • Purchase Order Management
  • Purchase Order Reconciliation
  • Purchasing & Receiving
  • Purchasing Reports
  • Quotes/Estimates
  • RFP Creation
  • Real-Time Analytics
  • Real-Time Data
  • Real-Time Monitoring
  • Real-Time Notifications
  • Real-Time Reporting
  • Real-Time Updates
  • Receipt Management
  • Receiving
  • Recurring Payments
  • Reimbursement Management
  • Reminders
  • Reporting & Statistics
  • Reporting/Analytics
  • Requisition Management
  • Returns Management
  • Rules-Based Workflow
  • Search/Filter
  • Self Service Portal
  • Single Sign On
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Spend Management
  • Stakeholder Engagement
  • Status Tracking
  • Supplier Management
  • Supply Chain Management
  • Sustainability Management
  • Third-Party Integrations
  • Time & Expense Tracking
  • Transaction History
  • User Management
  • Vendor Management
  • Vendor Master Data Management
  • Visual Analytics
  • Warehouse Management
  • Workflow Management

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Reviews

Overall rating

4.8 /5
(234)
Value for Money
4.7/5
Features
4.5/5
Ease of Use
4.7/5
Customer Support
4.8/5

Already have Precoro?

Software buyers need your help! Product reviews help the rest of us make great decisions.

Showing 5 reviews of 234
Krishna
Krishna
Overall rating
  • Industry: Hospital & Health Care
  • Company size: 5,001–10,000 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Superb tool for controlling purchases and expenses

Reviewed on 2023/03/06

The solution is more efficient than manual tracking methods and has helped us to significantly...

The solution is more efficient than manual tracking methods and has helped us to significantly boost our output. It's simple to learn and its cost is low enough that even a startup like ours can afford it.

Pros

Our company uses Precoro as its procurement system to streamline the formerly manual processes involved in the purchasing process. The company's whole procurement cycle can be managed at the departmental or regional level with the help of this program.

Cons

Since the PR's accompanying documents and comments did not make it through to the PO, we will need to retype them and attach the documents once again.

Response from Precoro

Hi Krishna,
Very glad to hear about satisfying all your needs with our system!
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 your awesome feedback!

Caroline
Overall rating
  • Industry: Education Management
  • Company size: 501–1,000 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Think of Precoro as a saviour. It enhances protocol and transparency in business.

Reviewed on 2024/02/10

Precoro is an adorable tool with excellent performance. The dashboard is fully customizable and...

Precoro is an adorable tool with excellent performance. The dashboard is fully customizable and automation is practical and relatable.

Pros

Precoro has its ways to enhance clarity in whatever field it is applied in. I started using Precoro in my business as a beginner to control budgeting and expenses tracking. It worked so well that when I got a job, I could not hesitate to apply it in my new position to make my work easier and professional. It has worked well and I feel the change. It is basically easy to use and implementation is not an issue at all. The customer service is excellent too.

Cons

Great tool with no dislikes. Precoro is the best option for me.

Response from Precoro

Hi Caroline!
Many thanks for your awesome feedback.
Saving your time and energy so you can devote more attention to strategic tasks is what we're here for. We're always working toward making our software even better.
Thank you for being with us!

Ghulam
Overall rating
  • Industry: Automotive
  • Company size: 10,000+ Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 5.0 /10

Friendly user friendly and professional software (Precoro from Poland)

Reviewed on 2023/06/12

Good, Excellent highly recommended software

Good, Excellent highly recommended software

Pros

The best part was the customer service. People from Precoro were too professional and equally patient in answering to all our minor to major questions, even if we kept asking the same question again and again for perfection, they kept smiling all the way through until our whole team learnt Precoro by 100%.

Cons

In certain areas, we cannot customize few things as per our company standards like putting our electronic signatures (similar to DocuSign), there were many unused or not needed fields as per middle eastern pattern.

Response from Precoro

Hi Ghulam, it's great to hear that you enjoy using Precoro! Thank you for this brilliant review.
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.

Dinesh
Overall rating
  • Industry: Research
  • Company size: 11–50 Employees
  • Used Daily for 1-5 months
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 9.0 /10

A fantastic, easy-to-use procurement software

Reviewed on 2024/09/04

No negatives just a very pleasant experience

No negatives just a very pleasant experience

Pros

Precoro is very easy to use compared to other procurement/PO software in the market. The UI is clean. I love using the graphs from the 'Reports' to keep track of the spending for my project.

Cons

Not really a con but with any other new software, there will be a slight leaning curve for first time users jumping into Precoro.

Response from Precoro

Hi Dinesh,

Thank you for your great feedback! We’re delighted to hear that Precoro’s user-friendly design is making your procurement and spend management process smoother.

While we understand there might be a slight learning curve with any new software, we’re pleased that your overall experience has been positive. If you need any support or have further questions, don’t hesitate to reach out!

Lidia
Overall rating
  • Industry: Education Management
  • Company size: 51–200 Employees
  • Used Monthly for 1+ year
  • Review Source

Overall rating

  • Ease of Use
  • Likelihood to recommend 10.0 /10

All in One Place

Reviewed on 2024/05/23

Pros

Precoro has changed the way we operate. This school year, I have enjoyed being the bridge between teachers and the Department of Finance. Teachers communicate their classroom needs, and their ideas for field trips. Then, I submit purchase requisitions. The system allows me to add notes. This allows me to specify which class in the department is requesting it. In addition, I can submit files. This feature is convenient for sharing invoices and keeping everything in one place.

Cons

What I like the least is that when I upload the spreadsheet to import the items, and I made an error on my end, it takes me a long time to figure out what I have to change. Many times I add the items manually to save time.

Response from Precoro

Hi Lidia,

Thank you for your thoughtful review! We’re thrilled to hear that Precoro has streamlined your process and made it easier to manage requests and keep everything organized.

We also appreciate your feedback on the spreadsheet import process. We're always looking for ways to improve, and we’ll take this into consideration for future updates. If you need any assistance with this or anything else, feel free to reach out!

Showing 5 reviews of 234 Read all reviews

Precoro FAQs

Below are some frequently asked questions for Precoro.

Precoro offers the following pricing plans:

  • Starting from: US$499.00/month View Pricing Plans
  • Pricing model: Subscription
  • Free Trial: Available

Precoro pricing starts at $35.00 per user per month. A free 14-days trial is available. The payment is charged per user per month and billed annually. For ≤ 20 — $35/mo per user For > 20 users — contact Precoro directly Pay only for the number of users and get full access to the platform without hidden fees. All features are available in all plans, as well as lifetime updates and 24/7 support you can rely on. Every week, you’ll get access to new updates and releases on an ongoing basis. All features are designed according to customers' feedback, so you’ll be able to affect product development. Besides, you'll be able to receive procurement advisory from our experts anytime.

Precoro has the following typical customers:

2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

Precoro supports the following languages:

English, French, German, Spanish

Precoro supports the following devices:

Android (Mobile), iPhone (Mobile), iPad (Mobile)

Precoro integrates with the following applications:

Dynamics 365, Microsoft Power BI, NetSuite, Odoo, QuickBooks Desktop, QuickBooks Online, Sage 100, Sage 50cloud Accounting, Sage Intacct, Single Sign-On, Slack, Xero

Precoro offers the following support options:

Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep), Chat

Related categories

See all software categories found for Precoro.