Software Alternatives, Accelerators & Startups

Wikifactory VS Precoro

Compare Wikifactory VS Precoro and see what are their differences

Wikifactory logo Wikifactory

Engineer the future with Wikifactory. Wikifactory unifies teams in real-time, enabling efficient communication, streamlined workflows, and accelerated time-to-market.

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!
  • Wikifactory Landing page
    Landing page //
    2022-09-02

Wikifactory integrates the three solution landscapes of CAD Tools, Product Data Management, and On-demand Manufacturing:

CAD Agnostic layer on top of CAD design tools that breaks down collaboration barriers across organizational boundaries. Our platform brings design, engineering, and manufacturing teams on the same page and, as a result, reduces time-to-market.

A browser-first platform that removes the risk and friction of traditional PDM solutions, which often force teams to fall back to messy email threads, manual spreadsheets, and costly factory visits. Our platform enables real-time collaboration with zero set-up costs, training, or installation required.

Unlike on-demand manufacturing services, Wikifactory allows for direct communication with our network of manufacturers, as well as integrating our own suppliers for more effective, secure, transparent design-to-manufacturing workflows.

Integrated AI tools that provide automated analyses of the manufacturability of CAD designs which radically reduces the risk and costs of failed iterations and production runs.

Wikifactory is a browser-first design-to-production platform that accelerates your product development lifecycle with next-generation features, connecting you faster with your team and clients, improving your CAD design with real-time feedback, storing and managing files without worrying about storage space, speed capacity or format types, and producing your parts and assemblies at the best price with quality-assured manufacturers and expert engineering support, all-in-one platform.

Explore our secure hosting, collaboration, and manufacturing solutions built for engineers and designed for everyone on the extended team.

  • 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.

Sincerely yours, Precoro team

Wikifactory features and specs

  • Marketplace: Online quotes in 24 hours for CNC machining, 3D printing and sheet metal fabrication
  • CAD Rooms: Securely view, share and collaborate on CAD files
  • Cloud PDM: Cloud solution for agile teams to host all type of files

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.

Wikifactory videos

The easiest and fastest way to get your product to market.

More videos:

  • Tutorial - CAD Rooms | Product Tour
  • Review - Fablabs.io/projects new platform. Hosted by Wikifactory
  • Review - China Paradigms 80: Building Wikifactory to Take on the Internet of Production in China

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.

Category Popularity

0-100% (relative to Wikifactory and Precoro)
Digital Fabrication
100 100%
0% 0
Small Business
0 0%
100% 100
Additive Manufacturing
100 100%
0% 0
Procurement And Purchasing

User comments

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Reviews

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

Wikifactory Reviews

We have no reviews of Wikifactory yet.
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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

Social recommendations and mentions

Based on our record, Wikifactory 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.

Wikifactory mentions (3)

  • The Exodus Effect: Some 4 Reason To Use?
    Https://wikifactory.com/@lizackers/stories/the-exodus-effect-top10-ingredients-reviews-price-does-it-work. - Source: dev.to / over 1 year ago
  • Open Source Plastic Scanner
    I think some links are broken in the plasticscanner.com site, but it does look to be open source. * Thesis: https://repository.tudelft.nl/islandora/object/uuid:1fa997b7-c286-4cf3-b3cc-4cfca7cf58f2?collection=education * Wikifactor: https://wikifactory.com/+plasticidentificationanywhere/breakout-board * EasyEDA Schematic and PCB (GPLv3): https://easyeda.com/jerzeek/nir-spectroscope-final-pcb. - Source: Hacker News / over 2 years ago
  • Free for dev - list of software (SaaS, PaaS, IaaS, etc.)
    Wikifactory — Product designing Service with Projects, VCS & Issues. Free plan offers unlimited projects & collaborators and 3GB storage. - Source: dev.to / almost 3 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 Wikifactory and Precoro, you can also consider the following products

Instructables - DIY How To Make Instructions

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

Thingiverse - Thingiverse.com is the place to share digital designs for fabricating real, physical objects.

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

Cults 3D - Cults is a marketplace that connects designers and people who want to 3D print some objects.

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