Who Uses Precoro?

Progressive Small and Mid-sized Businesses, from all the industries, all over the world, that would like to take 100% control over their purchases and don't spend much time on the implementation!

What Is Precoro?

A beautiful and innovative Procurement Software for small and midsized businesses that don't require time for implementation and have flexible open pricing. Precoro helps companies in 50 countries to eliminate manual work, improve visibility, and control their purchases in the best way. Streamlined approvals, controlled budgets, easy PR, and PO processes - all that you need to save lots of time and money.

Precoro Details

Precoro

http://www.precoro.com

Founded 2015

Precoro video
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Precoro pricing overview

See pricing plans

Precoro has a free version and offers a free trial. Precoro paid version starts at US$19.00/month.


Starting Price

US$19.00/month See pricing details

Pricing Details

Contact [email protected] for Enterprise Plan

Free Version

Yes

Free Trial

Precoro deployment and support

Support

  • 24/7 (Live Rep)
  • Business Hours
  • Online

Deployment

  • Cloud, SaaS, Web

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation

Precoro Features

  • 1099 Preparation
  • Aging Tracking
  • Approval Process Control
  • Cash Management
  • Check Writing
  • Data Extraction
  • Duplicate Payment Alert
  • Electronic Funds Transfer
  • Fraud Detection
  • Invoice Processing
  • PO Reconciliation
  • Recurring Payments
  • Vendor Management

View full list of Accounts Payable Software

  • Approval Process Control
  • Multi-Currency
  • Receipt Management
  • Reimbursement Management
  • Spend Control
  • Time & Expense Tracking
  • Workflow Management

View full list of Expense Report Software

  • Catalogue Management
  • Contract Management
  • Fixed Asset Management
  • Inventory Management
  • Invoice Processing
  • Purchase Order Management
  • Receiving/Putaway Management
  • Requisition Management
  • Sourcing Management
  • Spend Management
  • Supplier Management

View full list of Procurement Software

  • Compliance Management
  • Contract Management
  • Inventory Management
  • Invoice Processing
  • Purchase Order Management
  • Requisition Management
  • Sourcing Management
  • Spend Management
  • Supplier Management

View full list of Purchasing Software

  • Approval Workflow
  • Budgeting & Forecasting
  • Expense Tracking
  • Multi-Currency
  • Prepaid Cards
  • Procurement Management
  • Receipt Management
  • Spend Analysis
  • Spend Control
  • Supplier Management

View full list of Spend Management Software

  • Audit Trail
  • Compliance Management
  • Offboarding
  • Performance Metrics
  • Self Service Portal
  • Sourcing Management
  • Transaction History
  • Vendor Payment

View full list of Vendor Management Software

Precoro Alternatives

More Precoro alternatives

Precoro Reviews for UK Users

Read all reviews

Overall rating

4.8/5

Average score

Ease of Use 4.8
Customer Service 4.7
Features 4.6
Value for Money 4.8

Review software

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Write a Review!
Jacques D.
Business Systems Manager
Biotechnology, 51-200 Employees
Used the Software for: 1+ year
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 18/06/2020

"Excellent product with a great team backing it"

Comments: We had a great implementation and also enjoy using the software on a daily basis. It's easy to maintain and set up. But most of all, the Precoro team - managers and support - are always willing to help and listen - which adds a lot of value.

Pros: I like the customisable workflow for approvals. It has grown a lot since inception and you now have a lot of flexibility. I like the custom fields on a document or line level and I appreciate the easy to use in interface. It's really easy to train users on it and support is really quick in addressing any issues that might arise - whether a bug (very few of those experienced - none in the last 12 months) or user error.

Cons: In the beginning, it didn't meet all our requirements. But the team listened and implemented all of our suggestions and they are now available to all users - so we're very pleased.

Vendor Response

by Precoro on 01/07/2020

Jacques, thanks a lot for your feedback. We're happy to know that Precoro helps you improve your process.

  • Reviewer Source 
  • Reviewed on 18/06/2020
Brenda G.
Head of Procurement
Construction, 11-50 Employees
Used the Software for: 6-12 months
  • Overall Rating
    4 /5
  • Ease of Use
    4 /5
  • Features & Functionality
    4 /5
  • Customer Support
    4 /5
  • Value for Money
    4 /5
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 10/06/2019

"Precoro is just what Orkidstudio Ltd needed!"

Comments: 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

by Precoro on 06/07/2019

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.

  • Reviewer Source 
  • Reviewed on 10/06/2019
John P.
Technology Director
Nonprofit Organization Management, 11-50 Employees
Used the Software for: 6-12 months
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 29/10/2020

"PO and Invoice Management made easy"

Comments: We are involved in a Federal grant so we need good documentation of purchases. Precoro provides that in an easy to use package. We can create POs and invoices and store all the paperwork in one spot. No more paper to store in file folders.

Pros: User Interface is easy to use
Integrates with Google Authenticator for total security
Workflow is simple to set up and provides easy notifications
Dashboard is simple and provides info in an easy to understand format

Cons: The only issue I have had is creating open POs. Our CSM walked me through the process so the issue is resolved.

Vendor Response

by Precoro on 04/11/2020

John, thank you so much for your feedback, appreciate it!

  • Reviewer Source 
  • Reviewed on 29/10/2020
Abdullah B.
Construction Manager
Electrical/Electronic Manufacturing, 201-500 Employees
Used the Software for: 6-12 months
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    5 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    1/10
  • Reviewer Source 
  • Reviewed on 14/06/2020

"VERY HELPFUL SOFTWARE"

Comments: PR numbering was a big challange for requester but we don't have this problem becuase now it is automatic.
PO and approval, confirmation , documentation all these procedure are easy now.

Pros: Whith using this software we leave the old paper system and now we have a perfect managment for our procurment department.

Cons: This system should have an app android or ios app to use it easylly .

Vendor Response

by Precoro on 01/07/2020

Abdullah, thanks a lot for your feedback. We're happy to know that Precoro helps you improve your process.

  • Reviewer Source 
  • Reviewed on 14/06/2020
Danielle H.
Project Manager
Insurance, 201-500 Employees
Used the Software for: 6-12 months
  • Overall Rating
    5 /5
  • Ease of Use
    5 /5
  • Features & Functionality
    4 /5
  • Customer Support
    5 /5
  • Value for Money
    5 /5
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 17/06/2020

"Review for Precoro"

Pros: Precoro is very easy to use software and very intuitive.
The customer service is great!
The end user on boarding is super fast and easy.
We handed over to Olena a list of all the missing features we had and I sincerely feel that Precoro takes it under their consideration and do the best to deliver the missing features as soon as they can.

Cons: One thing that in my opinion Precoro is missing is an integration with SAP (which is a software that a lot of company uses).

Vendor Response

by Precoro on 01/07/2020

Danielle, thanks a lot for your feedback. We're happy to know that Precoro helps you improve your process.

  • Reviewer Source 
  • Reviewed on 17/06/2020