Software Alternatives & Reviews

Precoro VS Partner Portal AI

Compare Precoro VS Partner Portal AI and see what are their differences

Precoro logo Precoro

Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform!

Partner Portal AI logo Partner Portal AI

Simplify vendor management processes and optimize collaboration through our cloud-based vendor management system.
  • Precoro Landing page
    Landing page //
    2023-09-22

  • 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. Track discounts and never spend more than planned. Increase cash flow transparency by monitoring corporate expenses (including reimbursements). Get clear analytics and insightful reports to plan your procurement strategy more thoughtfully.

  • Reduce manual data entry. Create, approve and track POs just in a few clicks or transfer your orders from Amazon Business via Punch-in. Manage suppliers, item catalogs, inventory, and more within one platform.

  • Connect Precoro with your ERP and other business tools using ready-made integrations (NetSuite, QuickBooks, Xero) or a free API. Forget about duplicated payments and manual document matching.

  • Keep all your data secure with SSO and reliable 2-factor authentication.

Precoro's user-friendly interface lets you forget about complex onboarding and long-lasting training. You'll get advisory and support from your CSM anytime you need it. Precoro grants you access to all features and updates regularly. Sign up for a 14-days free trial to feel all benefits firsthand.

Sincerely yours, Precoro team

  • Partner Portal AI
    Image date //
    2023-12-28
  • Partner Portal AI
    Image date //
    2023-12-28
  • Partner Portal AI
    Image date //
    2023-12-28

Cloud based Comprehensive Vendor Management system designed to efficiently oversee, automate, and optimize all aspects of Procurement, Invoicing, Accounting, and Inventory management. With features like bulk onboarding, quote comparisons and more, Partner Portal shortens procurement timelines by up to 50%.

It is also a proactive communication framework between the organization and its vendors which helps vendor organize itself and allow him to service the company in the best manner.

With dynamic dashboards and in-depth vendor performance reports it provides the required transparency to optimize costs at all times. It also provides unified, contextual and connected reporting experience as it integrates all legacy and third-party software tools to create a comprehensive, well-rounded view of your organization's performance.

Precoro

$ Details
paid Free Trial $39.0 / Monthly (per user)
Platforms
Web Browser Windows Android iOS Google Chrome Mac OSX Firefox Linux Safari Cloud Chrome OS Opera
Release Date
2015 January

Precoro features and specs

  • 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.

Partner Portal AI features and specs

  • Easy Vendor Onboarding: Yes
  • Digital Catalog Management: Yes
  • Purchase Order Automation: Yes
  • Inventory Management: Yes

Precoro videos

What is Precoro?

More videos:

  • Demo - 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.

Partner Portal AI videos

PartnerPortal v1

Category Popularity

0-100% (relative to Precoro and Partner Portal AI)
Small Business
100 100%
0% 0
Procurement And Purchasing
Logistics And Supply Chain
Accounting
100 100%
0% 0

Questions and Answers

As answered by people managing Precoro and Partner Portal AI.

What makes your product unique?

Partner Portal AI's answer:

Partner Portal.ai’ is a cloud-based vendor management system. Its distinct feature lies in its capacity to function independently as a comprehensive Procurement Automation & Vendor Management platform. Furthermore, it has the capability to seamlessly integrate with various systems, including different ERPs and other platforms. Some salient features included OCR capabilities, streamlined RFQ process,

Why should a person choose your product over its competitors?

Partner Portal AI's answer:

Partner Portal stands out due to its robust feature set, user-friendly interface, and scalability, making it a top choice for businesses. With seamless integration and robust security measures, the platform ensures a personalized fit for a wide range of requirements. The platform's is committed to high customer support and competitive pricing. Partner Portal provides you with regular updates and a clear roadmap which demonstrates a commitment for continuous improvement. Partner Portal is a comprehensive and reliable partner portal solution

How would you describe your primary audience?

Partner Portal AI's answer:

The target audience for Partner Portal.ai typically includes businesses, enterprises, and organizations of various sizes across industries. These entities seek efficient solutions to manage and optimize their vendor relationships, procurement processes, and related workflows. Procurement and Finance teams across Manufacturing, Retail, Shipping and similar business are some of the primary audience.

What's the story behind your product?

Partner Portal AI's answer:

The genesis of our partner portal can be traced back to our company's extensive involvement in ERP implementation spanning over a decade. Throughout this period, our service implementation arm gained invaluable insights into the challenges of procurement processes, notably the absence of an active communication channel and the complexities arising from manual-driven procurement.While ERP systems held the promise of resolving these issues, the prohibitive licensing costs hindered their widespread adoption. Recognizing this gap, our product team seized a significant opportunity to develop the partner portal.

Which are the primary technologies used for building your product?

Partner Portal AI's answer:

Laravel PHP is used for building the product..

Who are some of the biggest customers of your product?

Partner Portal AI's answer:

Partner Portal ai boasts a diverse clientele, with some of its prominent customers including one of the largest Pharma Retailer in India with 300+ stores, a renowned cosmetics manufacturer in the US featuring premium and prestige beauty brands, and a leading publicly listed company in the US with a network of hydroponic retail stores.

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Precoro and Partner Portal AI

Precoro Reviews

  1. PRs, POs, invoices, vendor catalog - all in one system

    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 they are now and keep track of which invoices have not yet been paid or partially paid. By setting up budgets for each department, we can effectively plan the allocation and prevent overspending. The system is very flexible and convenient. I can't imagine my work without it.

    🏁 Competitors: Procurify
    👍 Pros:    Reimbursement management|Purchase order management|Supplier management|Financial reporting|Handy dashboard|Ease of use
    👎 Cons:    I'm satisfied with the way precoro handles its task. there are a few things that could be automated. for example, editing multiple pos at once
  2. Easy onboarding and great value for money

    I easily plan budgets for each project, promptly track spending, and create custom reports. Precoro allows doing this in 2 clicks. All suppliers and items are in one place, so purchase requests and orders are quickly created without errors. Precoro is a cloud-based tool, so I can use it from any device as long as I have internet. This greatly speeds up approval time and helps me keep everything under control no matter where I am.

    🏁 Competitors: Procurify
    👍 Pros:    We'll never go back to excel spreadsheets again. one solution meets all our needs and even more. visible approval workflow, budget section for each department, custom reporting fields, and item catalog make purchasing very easily manageable.
    👎 Cons:    Nothing, everything that becomes an issue is easily taken care of by their customer success team.
  3. Very helpful software, easy to use!

    Each employee has access to Precoro at least for purchase requisition creation. This is very convenient because the budgets of each department are visible to their employees. Attachments and comments can be added to the requisitions, and items are added directly from the loaded catalog. All subsequent docs (from purchase order to receipt) are created automatically, significantly saving time. All statuses can be tracked in real-time and are always correct. The approval process is customizable; creating 1 or more stages to comply with the company's rules is possible.

    🏁 Competitors: Procurify
    👍 Pros:    High level of adaptation to the specific processes of each company or department|Customer support team to help set up processes, conduct employee training, and solve all related issues.|Saving time for all employees by automating and speeding up the ordering process|Precise cost analytics for efficient planning and budget management|Improved communication with the finance department
    👎 Cons:    We didn't have the option to add attachments when creating a vendor, but precoro fixed that in the last update.

Top 9 Procurement Tools for SMBs (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 with this tool.
Source: geekflare.com
10 Best Procurement Management Software Tools in 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. 🤖
Source: clickup.com

Partner Portal AI Reviews

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What are some alternatives?

When comparing Precoro and Partner Portal AI, you can also consider the following products

Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.

Kissflow Procurement Cloud - The only all-in-one cloud procurement software you'll need for purchasing to vendor management. Kissflow cloud procurement solution keeps procurement processes simple, smart, and easy-to-use

Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.

Zycus Procure-to-Pay Solution - Zycus' Next Generation Procure-to-Pay Solution acts as a GPS for your P2P process. The P2P solution provides: Easy-to-use: Amazon-like shopping interface & Google-type search engine + Guided buying.

ProcurementExpress - ProcurementExpress.com is a powerful, user-friendly online purchase order management system. End Your Wasted Spend. Simple. Fast & Effective.

Coupa - Coupa is a cloud-based suite of financial applications providing spend management solutions to companies.