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Precoro VS 15Five

Compare Precoro VS 15Five and see what are their differences

Precoro

Precoro is an Agentic Procurement & AP Centralization Platform. Automated purchasing, simple sourcing, and spend analytics, all in one easy-to-use platform!

Rating
5.0 · 7 reviews
Pricing
Paid Free trial $499 / Monthly (for "Core" package)
Alternatives Is it good?
15Five

15Five software elevates the performance and engagement of employees by consistently asking questions and starting the right conversations.

Rating
0 reviews
Alternatives Is it good?
Insightful.io
The precision Work Intelligence for actionable bottom line impact and #1 workforce analytics software that shows how work actually happens: get real-time and historical data, understand productivity at every level, track AI adoption across your org. sponsored
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, 15Five seems to be more popular. It has been mentioned 2 times since March 2021.

social mentions
0 vs 2
Procurement And Purchasing popularity
100% vs 0%
alternatives listed
221 vs 240+

Base details

Website, pricing, platforms and company facts side by side.

Precoro
15Five
Website precoro.com 15five.com
Pricing
Paid Free trial $499 / Monthly (for "Core" package) Official pricing
Official pricing
Platforms
Web Browser Windows Android iOS Google Chrome Mac OSX Firefox Linux Safari Cloud Chrome OS Opera +10
—
Company Startup from the United States · 100 - 249 employees · 2015 —
Listed in
Small Business Accounting Procurement And Purchasing Enterprises Procurement Software Purchasing Procurement Management Supply Chain Management Vendor Management +6
HR HR Tools HR Management Employee Performance Management +1

About Precoro and 15Five

In their own words, as submitted to SaaSHub.

Precoro
15Five

With Precoro's Purchasing Crew, approve documents 2,5x faster from any device using email or Slack notifications. Streamline approval workflow by adding as many steps as you need and assigning specific roles for colleagues. Save up to 19% of your purchasing budget with the Spend Intelligence...

Read more about Precoro

No description of 15Five yet.

Features and specs

What each product offers, as listed by its team.

Precoro 12 features
15Five 9 features
  • Purchase Requests
    All the requests in one place. Clear statuses. Streamlined approval workflow. Ecommerce experience with a product catalog. Request analytics.
  • Purchase Orders
    Automatic Purchase Order creation. Instant conversion of Requests into Orders. Automatic supplier sending. File attachments, PO export. Internal comments.
  • Approval Workflow
    Customisable approval workflow. Approvals on locations, departments, custom fields. Smart notifications. Thresholds and policies for a precise routing. Mobile on-the-go approvals.
  • Budget management
    Budget for locations, departments, custom fields. Automatic budget limits Insightful reports. Real-time budget control with a progress bar. Bulk upload and management.
  • Reporting
    Three types of report: visual, standard and custom. 20 filters for precise reports. 2-click access to the real-time data. 120+ customizable fields for custom reports. Export into your accounting software.
  • Integrations
    No more manual data entry for accounting teams. Two types of integration: automatic and flat-file Integrate with QuickBooks Online, Xero, NetSuite, etc. Purchase Orders, Invoices, Suppliers and Statuses matched. Automatic field matching for flat-file integration.
  • Inventory Tracking
    Warehouse management. Stock tracking. Good receipts for the warehouse. Stock requests and approvals. Stock transfers.
  • 3-way matching
    Purchase Order <-> Receipt <-> Invoice … all matched in real time. Discrepancy tracking. Supplier's invoices tolerance rates. Customisable exceptions and additional workflows. Order revision.
  • Supplier Management
    Suppliers Portal. Infinite product catalog. Contract Management Reports on supplier performance. Suppliers list and contact storage.
  • User Management
    User access restrictions. Multiple countries, various currencies, and all your offices in one account. Single Sign-On with PingOne, Azure AD, OKTA, Keycloak. 2-factor authentication. No training required.
  • Reimbursement management
    The Expenses module allows you to cover requests for reimbursement of spent money and corporate expenses.
  • Mobile App
    Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand.
  • Employee Feedback
    15Five allows employees to provide regular feedback, fostering open communication and addressing issues promptly.
  • Performance Tracking
    The platform helps track and evaluate employee performance, aiding in goal-setting and performance reviews.
  • Engagement Insights
    15Five offers insights into employee engagement levels, helping leaders to identify and address areas requiring improvement.
  • User-Friendly Interface
    The software is designed with a user-friendly interface, making it easy for employees and managers to navigate and use the tools available.
  • Integration Capability
    15Five integrates with various tools like Slack, Salesforce, and G Suite, allowing for seamless workflow integration.
  • Employee Engagement
    Emplify helps organizations measure employee engagement through surveys and provides actionable insights to improve workplace culture.
  • Data-Driven Insights
    The platform utilizes data analytics to identify trends and areas for improvement, helping organizations make informed decisions.
  • Customizable Surveys
    Users can tailor feedback surveys to suit their specific needs, ensuring they gather relevant information for their organization.
  • Consultative Support
    Emplify offers expert guidance and support to help organizations interpret data and implement changes effectively.

Possible disadvantages

  • Cost
    The pricing can be high for small businesses or startups with limited budgets.
  • Learning Curve
    Some users may find a learning curve initially, especially if they are not familiar with similar performance management tools.
  • Customization Limitations
    There may be limitations in terms of customization to fit specific organizational needs or unique workflows.
  • Reporting Features
    Some users have noted that the reporting features can be limited or less flexible compared to other dedicated reporting tools.
  • Mobile Experience
    The mobile application does not offer all the features available on the desktop version, which might be inconvenient for on-the-go users.
  • Implementation Time
    Setting up and fully utilizing the Emplify platform can take some time, which may be a drawback for organizations looking for quick solutions.
  • Dependence on User Participation
    The effectiveness of the platform heavily relies on employee participation in surveys, which can be variable.
  • Complexity of Data
    For organizations without a dedicated HR or data analytics team, interpreting the detailed data and insights may be challenging.

Analysis

An editorial look at what each product does well and who it suits.

Precoro
15Five

Overall verdict

  • Overall, Precoro is well-regarded as a reliable and efficient tool for businesses seeking to optimize their procurement processes and enhance spend management.

Why this product is good

  • Precoro is considered a good procurement and spend management solution because it offers features such as purchase order management, invoice processing, and budget tracking. It is designed to streamline procurement workflows, improve transparency, and control over spending. Users appreciate its user-friendly interface, real-time analytics, and customizable reporting features that enhance decision-making.

Recommended for

    Precoro is recommended for small to medium-sized businesses and organizations that need to automate their procurement processes, improve cost control, and enhance transparency in purchasing and spending. It is suitable for companies across various industries looking for a scalable solution to manage their procurement activities efficiently.

Overall verdict

  • 15Five is generally considered a strong choice for organizations looking to enhance their performance management processes. Its focus on continuous feedback and alignment with organizational goals makes it beneficial for promoting employee engagement and development.

Why this product is good

  • 15Five is a performance management platform designed to improve employee engagement and productivity through continuous feedback, OKRs (Objectives and Key Results), and performance reviews. It's known for its user-friendly interface, comprehensive features, and ability to foster a positive workplace culture. The platform encourages regular check-ins and communication between employees and managers, helping to identify issues early and facilitate personal and professional growth.

Recommended for

  • Small to medium-sized businesses looking to improve their performance review processes.
  • Organizations aiming to create a culture of continuous feedback and communication.
  • Managers seeking tools to set and track goals, support employee development, and increase engagement.
  • Remote or hybrid teams needing a platform to facilitate regular check-ins and updates.

Videos

Walkthroughs and reviews on video.

Precoro 2 videos + Add
15Five 4 videos + Add

What is Precoro?

More videos

  • - Streamlined approvals, smart budgeting and expense tracking, automated PR and PO processing — all in one procurement software. Precoro is simple to use, fast to implement. Enjoy a broad range of features, including integrations with NetSuite and Quickbooks, and free API. Get total security with SSO and reliable 2-factor authentication, and gain transparency of the procurement process through automated reporting. All features are available in all plans. There are no hidden fees or complicated pricing tiers.

How 15Five Soothed the Annual Review Grinch

More videos

  • - Emplify Customer Review | Jill Lehman, VP &amp; CPO at Ontario Systems
  • - 15Five Continuous Performance Management Software
  • - 15Five: Employee Engagement Software Overview

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Precoro
15Five
100% 100%
Procurement And Purchasing
0% 0%
0% 0%
HR
100% 100%
100% 100%
Small Business
0% 0%
0% 0%
HR Tools
100% 100%

User comments

Share your experience with using Precoro and 15Five. For example, how are they different and which one is better?

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Precoro 5.0 · 7 reviews
15Five no reviews yet
  • Top 9 Procurement Tools for SMBs (2024)
    geekflare.com · Jan 2024

    Moreover, Precoro improves your purchasing system by improving your approval workflow. Workflow stages such as request process, purchase orders, approval, billing, and invoice management can be done electronically...

  • 10 Best Procurement Management Software Tools in 2023
    clickup.com · Sep 2023

    Precoro comes with a lot of features for requesting, approving, ordering, contract management, and controlling procurement. Precoro is totally customizable and you have the freedom to automate just about anything. 🤖

  • PRs, POs, invoices, vendor catalog - all in one system
    SaaSHub review
    · Jun 2022

    We can track each purchase order, who created it, and why. They are no longer lost, and we can always see the history. The dashboard allows us to monitor information about all essential documents and at what stage...

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Precoro 0 mentions
15Five 2 mentions

Tracking Precoro since Mar 2021.

  • Ask HN: Who is hiring? (July 2021)
    15Five | Remote: US, Poland, & Ukraine | Full-time | https://15five.com Multiple engineering and design roles, all fully remote: - Remote: Poland or Ukraine - Backend Engineer:... - Source: Hacker News / over 5 years ago
  • Migrating to Terraform: a retrospective
    At 15Five we migrated to Terraform in 8 months with a 3-person team. It went smoothly and gave us more confidence in our AWS infrastructure. When it came to setup a new VPC for a customer, the hours we invested returned to us in a speedy... - Source: dev.to / over 6 years ago

Alternatives to Precoro and 15Five

When comparing Precoro and 15Five, you can also consider the following products.

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