Software Alternatives & Reviews

Precoro VS TimeCamp

Compare Precoro VS TimeCamp 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!

TimeCamp logo TimeCamp

Simple and robust time tracking app to help you stay on the same page with your team while working from home.
  • 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

  • TimeCamp Landing page
    Landing page //
    2023-07-11

TimeCamp is time tracking & invoicing software that helps to increase your team’s productivity. It records every minute of the task your team is working on, shows results in clear reports and allows you to square up with clients accurately. We believe that time tracking is the straightest way to improve every business!

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

TimeCamp

$ Details
freemium $6.3 / Monthly (per user)
Platforms
Browser Windows iOS Android Mac OSX Linux Web REST API Google Chrome iPhone Slack
Release Date
2009 August

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.

TimeCamp features and specs

  • Time Tracking: timer, desktop app, integration with PM tools
  • Timesheets: timesheets and approvals
  • Attendance Tracking: attendance tracking
  • Invoices: creating invoices based on time

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.

TimeCamp videos

TimeCamp Time Tracking App

Category Popularity

0-100% (relative to Precoro and TimeCamp)
Small Business
100 100%
0% 0
Time Tracking
0 0%
100% 100
Procurement And Purchasing
Invoicing
0 0%
100% 100

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 TimeCamp

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

TimeCamp Reviews

21 Time Tracking Tools To Manage Your Workday
TimeCamp allows both individuals and managers alike to streamline the way they track time. Automatic time tracking paired with features like invoicing functionality and the ability to sort time reports by billable and non-billable hours make TimeCamp a great resource for freelancers or managers who want to ensure their projects are remaining profitable.
Source: hive.com
49 Best Timesheet Alternatives - Features, pros & cons, pricing | Remote Tools
TimeCamp works as a time tracking and also as a project management tool, which is especially convenient when you have to manage a remote team from one place.
10 Best Free Employee Timesheet Apps in 2020
TimeCamp is the time tracking software with features like productivity monitoring, attendance tracking, project management, team management, and invoicing. Its mobile app is available for iOS and Android devices.
10 Best Time Tracking Software and Time Management Tools
Timecamp integrates well with invoicing and is able to automatically (or not) produce invoices based on billable hours with worked generated in TimeCamp. There is an integrated payment gateway and helpfully you can get a notification when a client views an invoice.

What are some alternatives?

When comparing Precoro and TimeCamp, you can also consider the following products

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

Toggl - Toggl is an online time tracking tool. It features 1-click time tracking and helps you see where your time goes. Free and paid versions are available.

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

Harvest - Simple time tracking, fast online invoicing, and powerful reporting software. Simplify employee timesheets and billing. Get started for free.

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

RescueTime - Time management software that shows you how you spend your time & provides tools to help you be more productive.