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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!

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Precoro Reviews and details

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  • Precoro Landing page
    Landing page //
    2023-09-22

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What is Precoro?

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.

Reviews

  1. User avatar
     
    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. User avatar
     
    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. User avatar
     
    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.
  4. Olha Kondratenko avatar
     
    Easy-to-use, powerful, and very helpful!

    The system is very convenient for managing the purchasing process in several locations, projects, or departments. Requests, purchase orders, invoices, stock control, vendor data, and catalogs in one place. It’s pretty simple to manage spends. We can set up budgets in a few clicks and track them through the progress bar in real-time. Reports are very customizable, so we can create a quarterly or annual report with all data we need without manual work.

    🏁 Competitors: Procurify
    👍 Pros:    Centralizing all purchasing data|Streamlining the approval cycle and speeding up the ordering process|Spend analysis and budget control|Flexible and customizable workflow for each department or project
    👎 Cons:    So far, everything has worked excellently for our company.
  5. User avatar
     
    Happy Precoro customer

    This is a handy program for fast-growing companies. We started our way with a small number of orders monthly. Some of them could be in emails, messengers, or spreadsheets. Over time they became too many. They could get lost or paid twice. Since the new departments were added, the number of requests grew. We needed to structure all the information in one place and get more visibility into our spending. Precoro does a great job of that and allows us to track orders, spend, create reports, and coordinate vendors. Most of these processes now go automatically.

    🏁 Competitors: TRADOGRAM
    👍 Pros:    Automatic 3 way matching to eliminate double payments|Product catalogs to compare prices and create pos easily|Reports for every vendor, project, department with all data you need|Budget tracking
    👎 Cons:    Mobile app development (for ios/android)
  6. User avatar
     
    Good choice for our team!

    It's simple to register necessary purchases and subscriptions, streamline the approval cycle, and get reports to analyze expenses. "Custom fields" is a perfect match for us. We can set up an approval workflow and share responsibility between departments.

    🏁 Competitors: Procurify
    👍 Pros:    Editing the catalog data is very easy.|Comparing prices to make the right decisions.|Fast approvals with specific roles for colleagues.|Visual analytics and budget control for each department.|Ability to add as many custom fields as we need to cover all processes.|Real-time stock control and warehouse request creation right from the inventory module.
  7. User avatar
     
    Good choice for procurement and spend management

    It is much more convenient than storing data in tables, emails, or instant messenger conversations. Manual work that used to take a lot of time is completely reduced. All purchasing data in one place so that we can speed up the ordering process, track requests and purchase orders, and gain complete control of overall spending. The reports module is highly customizable, so we can take the data we need in real-time.

    🏁 Competitors: Kissflow Procurement Cloud
    👍 Pros:    Intuitive and mobile-friendly interface|Easy to implement|Visible approval workflow|Purchase requisition management|Customizable reports|Budget section for locations, departments, or projects.
    👎 Cons:    Inventory management can be too basic for some companies. now, it fully covers our needs.

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External sources with reviews and comparisons of Precoro

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.
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. 🤖

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