Precoro

Precoro

Beautiful Procurement software for progressive companies

4.8/5 (47 reviews)

Precoro Overview

Precoro is an innovative purchasing and spend management software, that helps companies to fully eliminate manual workflow and save lots of time and money.

Three problems are solved with Precoro:
* Manual work with papers, Google Docs, Slack messages, emails, etc.;
* Losing money due to overbudgeting;
* Time is spent inefficiently due to human mistakes.

The results you get with Precoro:
* eliminate paper documents, Excel, email records and all the manual work.;
* streamline approvals, get purchases faster to do your job in the best way.
* save a ton of money while sticking to budgets.

When founded in 2015, we at Precoro Inc. understood that there's still an old-fashioned feeling about purchasing software: it was clunky, hard to set up, a long time to implement.

With Precoro, modern procurement software has become a completely new category, as we use the following approaches:

* Easy to use - a beautiful interface that anyone can adopt to in minutes;
* Free trial - for you to try the product;
* Open pricing - know what you pay for;
* No implementation - set up a product in a couple of hours to use it for years;
* Very customizable process - self-service product for progressive buyers.

Pricing

Starting from
US$19,00/month
Pricing options
Free Trial
Subscription
Value for money

Devices

Business size

S
M
L

Markets

Asia, Australia, Brazil, Canada, Europe and 5 others, Germany, India, Japan, Latin America, Mexico

Supported Languages

English

Precoro Reviews

Overall rating
4.8/5
100% positive reviews
38
Excellent
9
Very good
0
Average
0
Poor
0
Terrible
Brenda G.

Precoro is just what Orkidstudio Ltd needed!

Used Daily for 6-12 months
Reviewed on 2019/06/10
Review Source: Capterra

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.

Response from Precoro

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.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend

9.0/10
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
Natale R.

your best colleague in the purchasing office.

Used Daily for 1+ year
Reviewed on 2019/06/20
Review Source: Capterra

Working in hotels often the buying process is very complex. With the last time we have the opportunity to simplify many things. In addition, the relationship with suppliers is also different. Now it's all much more transparent

Pros

With Precoro all the departments of our Hotel have the ability to make orders quickly and using only one portal

Cons

We've put a lot of articles in front of us.
Perhaps the search for products for purchase requisitions should be improved

Response from Precoro

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.

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

Precoro Pricing

Starting from
US$19,00/month
Pricing options
Free Trial
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
  • Audit Trail
  • Automatic Notifications
  • Custom Fields
  • Customizable Reporting
  • Data Import/Export
  • Document Storage
  • Inventory Management
  • Inventory Tracking
  • Invoice Management
  • Monitoring
  • Real Time Data
  • Real Time Reporting
  • Reporting & Statistics
  • Third Party Integration
  • Workflow Management

  • Auditing
  • Compliance Management

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: US$19,00/month

    Pricing model: 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:

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

    Q. What languages does Precoro support?

    Precoro supports the following languages:

    English

    Q. What type of pricing plans does Precoro offer?

    Precoro has the following pricing plans:

    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:

    Dynamics 365, 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