Precoro

Precoro

Ground control for purchasing in your company

4.9/5 (43 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.

Pricing

Starting from
$19/month
Pricing options
Free Trial
Free
Subscription
Value for money

Devices

Business size

S
M
L

Markets

Asia, Australia, Brazil, Canada, Europe and 5 others, Germany, India, Latin America, Mexico, Middle-East and Africa

Supported Languages

English, Russian

Precoro Reviews

Overall rating
4.9/5
100% positive reviews
38
Excellent
5
Very good
0
Average
0
Poor
0
Terrible
Yana T.

I highly recommend Precoro for its great analytics and reports

Used Daily for 1+ year
Reviewed on 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.

Pros

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Dmytro U.

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

Used Daily for 1+ year
Reviewed on 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.

Pros

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

Cons

We're waiting for the integration with our warehouse tool to automate all process.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

9.0/10
Olga B.

Gratitude for the effective collaboration

Used Daily for 1+ year
Reviewed on 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.

Pros

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.

Cons

N/A

Response from Precoro

Thank you so much! We really appreciate your review!

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

8.0/10
Zoriana U.

Great purchasing tool, really easy in use

Used Daily for 6-12 months
Reviewed on 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.

Pros

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

Cons

I can't import images in my suppliers' catalog, I can only add them one by one

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

10.0/10
Marybeth F.

Wonderful replace for some of the popular but hulking programs

Used Daily for 1+ year
Reviewed on 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.

Pros

Easy, fast and cloudy database

Cons

It is not very popular yet and sometime it takes time to connet with those. who use C1

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

9.0/10

Precoro Pricing

Starting from
$19/month
Pricing options
Free Trial
Free
Subscription
Value for money

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

  • Audit Trail
  • Auditing
  • Automatic Notifications
  • Compliance Management
  • Custom Fields
  • Customizable Reporting
  • Document Storage
  • Inventory Tracking
  • Invoice Management
  • Third Party Integration

Additional information for Precoro

Key features of Precoro

  • Activity dashboard
  • Activity management
  • Activity tracking
  • Alerts
  • Approval process control
  • Budget control
  • Configurable workflow
  • Contract management
  • Cost analysis
  • Data import/export
  • Email notifications
  • Expense tracking
  • Forms management
  • Inventory 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
  • Sourcing management
  • Spend analysis
  • Spend control
  • Supplier management
  • Supplier onboarding
  • Tracking features
  • Workflow management

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.

  • Precoro FAQs

    Below are some frequently asked questions for Precoro.

    Q. What type of pricing plans does Precoro offer?

    Precoro offers the following pricing plans:

    Starting from: $19/month

    Pricing model: Free, Subscription

    Free Trial: Available

    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.

    Q. What are the main features of Precoro?

    Precoro offers the following features:

    • Activity dashboard
    • Activity management
    • Activity tracking
    • Alerts
    • Approval process control
    • Budget control
    • Configurable workflow
    • Contract management
    • Cost analysis
    • Data import/export
    • Email notifications
    • Expense tracking
    • Forms management
    • Inventory 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
    • Sourcing management
    • Spend analysis
    • Spend control
    • Supplier management
    • Supplier onboarding
    • Tracking features
    • Workflow management

    Q. Who are the typical users of Precoro?

    Precoro has the following typical customers:

    Freelancers, Mid Size Business, Non Profit, Public Administrations, Small Business

    Q. What languages does Precoro support?

    Precoro supports the following languages:

    English, Russian

    Q. What type of pricing plans does Precoro offer?

    Precoro has the following pricing plans:

    Free, Subscription

    Q. Does Precoro support mobile devices?

    We do not have any information about what devices Precoro supports

    Q. What other apps does Precoro integrate with?

    Precoro integrates with the following applications:

    Microsoft Dynamics AX, Microsoft Dynamics NAV in the Cloud, Microsoft Dynamics SL, NetSuite, QuickBooks, QuickBooks Online, Sage 500, Sage Intacct, Sage One - U.S., Xero

    Q. What level of support does Precoro offer?

    Precoro offers the following support options:

    FAQs, Forum, Knowledge Base, Online Support, Phone Support, Video Tutorials