Software Alternatives, Accelerators & Startups

Secureframe VS Precoro

Compare Secureframe VS Precoro and see what are their differences

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Secureframe logo Secureframe

Get enterprise ready with SOC 2 and ISO 27001 compliance

Precoro logo Precoro

Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics โ€” all in one easy-to-use platform!
  • Secureframe Landing page
    Landing page //
    2023-05-10
  • Precoro Mobile App (IOS & Android)
    Mobile App (IOS & Android) //
    2024-05-30
  • Precoro Dashboard
    Dashboard //
    2024-05-30
  • Precoro Purchasing documents
    Purchasing documents //
    2024-05-30
  • Precoro Approval workflow
    Approval workflow //
    2024-05-30
  • Precoro Budgeting
    Budgeting //
    2024-05-30

  • 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.

  • Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand.

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.

Sincerely yours, Precoro team

Secureframe

Pricing URL
-
$ Details
-
Platforms
-
Release Date
-
Startup details
Country
United States

Precoro

$ Details
paid Free Trial $499.0 / Monthly (for "Core" package)
Platforms
Web Browser Windows Android iOS Google Chrome Mac OSX Firefox Linux Safari Cloud Chrome OS Opera
Release Date
2015 January
Startup details
Country
United States
State
New York
City
Brooklyn
Founder(s)
Andrew Zhyvolovych
Employees
100 - 249

Secureframe features and specs

  • Ease of Use
    Secureframe offers a user-friendly interface that simplifies the compliance process, making it easier for businesses to achieve and maintain industry standards like SOC 2, ISO 27001, and more.
  • Automated Monitoring
    The platform provides continuous monitoring and automation of compliance controls, which helps reduce the manual workload and minimizes human errors in compliance management.
  • Comprehensive Compliance Coverage
    Secureframe supports a wide range of compliance frameworks, allowing businesses to address multiple standards through a single platform.
  • Expert Support
    Access to compliance experts who can provide guidance and support throughout the certification process is a key feature, ensuring businesses have the necessary assistance to succeed.
  • Integration Capabilities
    Secureframe integrates with various third-party tools and services, enhancing its functionality and facilitating seamless data exchange and process automation.

Possible disadvantages of Secureframe

  • Cost
    The pricing of Secureframe may be prohibitive for small startups or businesses with limited budgets, as comprehensive compliance solutions can be costly.
  • Complexity for Small Businesses
    For smaller companies without dedicated compliance teams, the breadth of features might be overwhelming, and they might not utilize the full capabilities of the platform.
  • Customization Limitations
    While Secureframe offers a wide range of features, there might be limitations when it comes to customizing certain aspects of the platform to meet very specific business needs.
  • Dependency on Integrations
    The platform's reliance on integrations with other tools may pose challenges if compatibility issues arise or if the third-party services are discontinued.
  • Learning Curve
    Despite its user-friendly interface, new users might face a learning curve as they familiarize themselves with the system's features and capabilities.

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 โ€ฆ 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.

Analysis of Secureframe

Overall verdict

  • Secureframe is a valuable tool for businesses looking to simplify and optimize their compliance processes. Its user-friendly platform, combined with extensive support and automation capabilities, makes it a reliable choice for enterprises aiming to adhere to rigorous security and privacy standards.

Why this product is good

  • Secureframe provides streamlined solutions for businesses seeking to achieve and maintain compliance with industry standards like SOC 2, ISO 27001, and more. By automating the compliance process, Secureframe helps organizations save time, reduce errors, and ensure they meet regulatory requirements effectively. Users appreciate its easy integration with existing business tools and comprehensive dashboards that track compliance status in real-time.

Recommended for

    Secureframe is recommended for startups, small to medium-sized businesses, and enterprises seeking an efficient way to manage compliance obligations, particularly those in the technology, finance, and healthcare sectors that need to comply with strict security regulations.

Analysis of Precoro

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.

Secureframe videos

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Precoro videos

What is Precoro?

More videos:

  • Demo - Streamlined approvals, smart budgeting and expense tracking, automated PR and PO processing โ€” 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.

Category Popularity

0-100% (relative to Secureframe and Precoro)
Governance, Risk And Compliance
Procurement And Purchasing
SaaS
100 100%
0% 0
Small Business
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 Secureframe and Precoro

Secureframe Reviews

We have no reviews of Secureframe yet.
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Precoro Reviews

  1. Andrii
    ยท co-founder at Effy ยท
    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.

    ๐Ÿ Competitors: Procurify
    ๐Ÿ‘ Pros:    Reimbursement management|Purchase order management|Supplier management|Financial reporting|Handy dashboard|Ease of use
    ๐Ÿ‘Ž 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. dkulaksyz
    ยท PM at Stripo Inc ยท
    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.

    ๐Ÿ Competitors: Procurify
    ๐Ÿ‘ 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.
    ๐Ÿ‘Ž Cons:    Nothing, everything that becomes an issue is easily taken care of by their customer success team.
  3. Amy
    ยท Operations Manager at Expandi ยท
    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.

    ๐Ÿ Competitors: Procurify
    ๐Ÿ‘ 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
    ๐Ÿ‘Ž 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. ๐Ÿค–
Source: clickup.com

Social recommendations and mentions

Based on our record, Secureframe seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Secureframe mentions (3)

  • Ask HN: Who is hiring? (December 2024)
    Secureframe | Remote (Canada) | https://secureframe.com | 150-200k CAD Secureframe helps company get compliant and build trust with their customers. We do this by integrating in a companies core SaaS tools, ingesting data, and then displaying all misconfigurations that need to be remediated for a given security framework. Stack is Rails/React/Typescript/Postgres/Elasticsearch We've got three open engineering roles... - Source: Hacker News / over 1 year ago
  • Compliance, and Secureframe
    My org is in a position where we'll need to get SOC II or ISO 27001 certified in the next year. I've been doing some research on the easiest way to go about this, and discovered secureframe (https://secureframe.com/). It looks like it is a platform that helps you automate/track some of the compliance tasks, but doesn't actually do the audit (they have partners that work through the platform). I'm wondering if... Source: over 3 years ago
  • โ€œDrataโ€ wants an agent on my laptop. Is this the new normal?
    Hi, founder of Secureframe (https://secureframe.com) here. Secureframe helps streamline compliance across SOC 2, ISO 27001, HIPAA, PCI DSS, and more. There are so many accurate responses in this thread. Like many have mentioned, SOC 2 is indeed not a prescriptive framework. Much of the confusion behind SOC 2 stems from that fact. It allows you to customize your InfoSec program to your company's needs. As we know,... - Source: Hacker News / over 4 years ago

Precoro mentions (0)

We have not tracked any mentions of Precoro yet. Tracking of Precoro recommendations started around Mar 2021.

What are some alternatives?

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

Vanta - Automate compliance, simplify security.

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

Drata - Put SOC 2 Compliance on Autopilot

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

Sprinto - SOC 2 security compliance for SaaS

BuyerQuest - BuyerQuest is the cloud platform for buying at work. The only provider offering true one-stop shopping for goods and services for everyone in your organization. Join the procurement revolution.