What Is Precoro?

Gain overall control and visibility of your procurement workflow with a holistic cloud-based solution. Transform your time-consuming procurement operations into convenient and automated procedures. Document creation just in a few clicks. Approve documents 2,5x faster, and reduce manual data entry at least by 80%. Precoro provides integrations with NetSuite, Quickbooks, Amazon Business Punch-in, and a free API for implementing other accounting solutions.

Who Uses Precoro?

Whatever industry you're in, Precoro allows you to automate your purchasing, gain spend visibility, and achieve total compliance working as a team. From SMBs up to Enterprises worldwide.

Where can Precoro be deployed?

Cloud-based
On-premise

About the vendor

  • Precoro
  • Located in New York, US
  • Founded in 2015

Precoro support

  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Afghanistan, Albania, Algeria, American Samoa, Andorra and 225 others

Languages

English, French, German, Spanish

Precoro pricing

Starting Price:

US$35.00/month
  • Yes, has free trial
  • No free version

Precoro does not have a free version but does offer a free trial. Precoro paid version starts at US$35.00/month.

Pricing plans get a free trial

About the vendor

  • Precoro
  • Located in New York, US
  • Founded in 2015

Precoro support

  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Afghanistan, Albania, Algeria, American Samoa, Andorra and 225 others

Languages

English, French, German, Spanish

Precoro videos and images

Precoro Software - Informative dashboard, where you can track your spend progress and see what is left to do.
Precoro Software - Keep all documents digitized and organized in one collaborative space. Maintain perfect track of all purchasing activity across multiple projects and locations. Collaborate on the same documents on-site or remotely using any device.
Precoro Software - Set up to monitor and control budgets for each location, department, or project. Visualize the overall spending status with progress bars and pie charts for future decisions.
Precoro Software - Get insight into your business operations through visual analytics and real-time detailed reports.
Precoro Software - Streamline your approval workflow. Add as many steps as you need and assign specific roles for colleagues, such as configuration role, supplier management, initiator, approver, and others.
View 6 more
Precoro video
Precoro Software - Informative dashboard, where you can track your spend progress and see what is left to do.
Precoro Software - Keep all documents digitized and organized in one collaborative space. Maintain perfect track of all purchasing activity across multiple projects and locations. Collaborate on the same documents on-site or remotely using any device.
Precoro Software - Set up to monitor and control budgets for each location, department, or project. Visualize the overall spending status with progress bars and pie charts for future decisions.
Precoro Software - Get insight into your business operations through visual analytics and real-time detailed reports.
Precoro Software - Streamline your approval workflow. Add as many steps as you need and assign specific roles for colleagues, such as configuration role, supplier management, initiator, approver, and others.

Features of Precoro

  • "What If" Scenarios
  • Access Controls/Permissions
  • Approval Process Control
  • Approval Workflow
  • Budgeting/Forecasting
  • Cataloging/Categorization
  • Collaboration Tools
  • Compliance Management
  • Contract Lifecycle Management Software
  • Contract/License Management
  • Data Extraction Software
  • Duplicate Payment Alert
  • Expense Tracking
  • Financial Reporting Software
  • Forecasting
  • General Ledger
  • Integration Management
  • Inventory Management Software
  • Invoice Processing
  • Mobile Receipt Upload
  • Onboarding Software
  • Order Fulfillment Software
  • PO Reconciliation
  • Performance Metrics
  • Procurement Management
  • Project Management Software
  • Purchase Order Management
  • Purchasing Reports
  • Receipt Management
  • Reimbursement Management
  • Reporting/Analytics
  • Requisition Management
  • Self Service Portal
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Spend Management Software
  • Supplier Management
  • Time & Expense Tracking
  • Vendor Management Software
  • Vendor Master Data Management
  • Warehouse Management Software

Alternatives to Precoro

Spendwise is an affordable easy-to-use online system that helps you control spending saving you time and money. Learn more about Spendwise
Inventory, order management and manufacturing solution for companies using QuickBooks Online.
A unique web-based platform that helps you to buy, sell, and manage cash more efficiently and effectively than ever before.
Order (formerly Negotiatus) is a guided B2B marketplace with a mission to simplify buying for businesses.
Cloud-based human resources solution that helps businesses streamline workforce planning, talent management, and payroll processes.
The industry's simplest (mobile friendly) Inventory and asset tracking system. Trusted by 1000's of businesses. Get it for free today! Learn more about Sortly
Manufacturing ERP that brings production, sales, and accounting into one platform to reduce admin and increase sales.
Help desk tool that helps manage changes & problems across IT processes via custom service agreements, automated workflows and more.
Smart and simple spend management for scaling businesses. Request, approve, receive, and pay from within one platform with Procurify. Learn more about Procurify

Reviews of Precoro

Average score

Overall
4.8
Ease of Use
4.7
Customer Service
4.8
Features
4.5
Value for Money
4.7

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
80%
4
20%
Sergei
Sergei
Product Marketing Manager in US
Verified LinkedIn User
Computer Software, 51-200 Employees
Used the Software for: 1+ year
Reviewer Source

We got everything we needed and even more

5.0 2 years ago

Pros:

We had a system for tracking direct purchasing, but we faced increased demand for purchasing supporting materials - packaging, warehouse goods, shopping goods, ripping, and no system for these needs. There were difficulties with tracking the number of goods in the warehouse and processing requests from the warehouse and shops - there were sent by mail, etc. Now we have a great multi-user platform that serves our 100 employees well. We track all our requisitions and purchases for raw materials, intricate parts, that are procured daily from over 50 suppliers around the globe. Precoro is asy to learn and use, the features we need are built-in, and we didn't have to do a lot of customization!

Cons:

Great program. I haven't had any issues with using Precoro.

Precoro Response

2 years ago

Sergei, thank you very much for your review. Appreciate your kind words about our product. And we're glad to hear about solving your problem with purchasing and tracking supporting materials.

Robin
Purchasing Agent in US
Hospital & Health Care, 501-1,000 Employees
Used the Software for: 1-5 months
Reviewer Source

Precoro Makes Purchasing Easy

4.0 3 months ago

Comments: In the short time we have been using Precoro, we have been quite satisfied. Going from a manual process to an online, streamlined process with Precoro has been quick and smooth. The Note and Link options within Precoro have been invaluable in communicating internally so that everyone has full disclosure and gets what they need in a timely fashion.

Pros:

The software is very user friendly by providing at-a-glance statistics, a dashboard to reach the different modules without hassle, and makes it easy for even the most non tech savvy person to understand. We so appreciate the option to make recurring purchase orders in Precoro to save the Purchasing team valuable time and the ease of the RFP process. So far our support staff and clinical team has adapted quite nicely to Precoro with no major issues and are pleased to be able to track the status of their requests without contacting the Purchasing team and taking them off task to find and research orders.

Cons:

The least favorite feature for our Purchasing team is the inability to print a range of purchase orders simultaneously. That option would save extra time, but the speed of downloading the PDF files is quicker than our last platform.

Precoro Response

3 months ago

Hi Robin! Thanks for taking the time to write such a detailed review! We're thrilled to have you with us and even more so to hear that you're happy with Precoro! We're taking all your points into consideration for future upgrades. Feel free to contact support at any time with more suggestions. It will help make Precoro better for users as quickly as possible!

Joe
Operations Manager in US
Sporting Goods, 11-50 Employees
Used the Software for: 6-12 months
Reviewer Source

Useable Software With Room for Improvement

4.0 last year

Comments: Coming from the world of SAP, I have enjoyed the user interface much more with Precoro. In addition, Precoro's support team is extremely responsive and open to ideas for improvement in the product that sometimes are acted on. However, the program still lacks some common low-level functionality and I have concerns whether it is robust enough for more complex needs.

Pros:

The GUI is overall pleasant and user-friendly. There has been little to no down-time. Organization of the different features is relatively straightforward. It can accomplish the bulk of what we need.

Cons:

There are some notably-absent permissions settings that make it difficult to manage using across a large team. Likewise, some industry-standard aspects of POs and Invoices are simply not available. Reporting therefore is not as useful as it could be.

Precoro Response

12 months ago

Joe, thanks for taking the time to write such a detailed review! You're absolutely right regarding these features. We continuously aim to offer our users the best possible sourcing and procurement functionality. Therefore, we passed on your review to our product team.

Leo
Director of Finance in US
Medical Devices, 11-50 Employees
Used the Software for: 1-5 months
Reviewer Source

Great Purchase Management System

5.0 2 years ago

Comments: Precoro has solved our purchase management issues flawlessly. I recommend this software to anyone in need of an affordable, user-friendly purchase management system.

Pros:

The UI is incredibly user-friendly and well thought out. It's easy to create new POs/invoices. The customer service has been top notch as well

Cons:

Filtering is a tad bit difficult. I wish there was a search bar to quickly find any PO/Invoice.

Alternatives Considered: Fishbowl and Katana Manufacturing ERP

Reasons for Choosing Precoro: SOS's software was better for inventory management, but the purchase management aspect was terrible. There was no ability to auto-calculate taxes, it was hard to use/learn, and we kept running into new issues.

Switched From: SOS Inventory

Reasons for Switching to Precoro: affordability, customer service, and ease of use

Precoro Response

2 years ago

Leo, thank you a lot for your feedback. We're glad to know that Precoro is easy to use for you and solved procurement issues with the last vendor's system.

Emily
Senior Accountant in US
Computer Software, 51-200 Employees
Used the Software for: 6-12 months
Reviewer Source

Great tool with unmatched support

5.0 5 months ago

Comments: The team has been such a joy to work with. They have answered all of our questions and dealt with a lot of changes from our end with speed and efficiency.

Pros:

The software is incredibly easy to use and very customizable. There are constant updates and product enhancements that continue to improve our process.

Cons:

The only con I can see is really just waiting for more integration with the invoicing piece as we are so pleased with the purchasing functionality that we cannot wait to eventually integrate our invoices as well.

Precoro Response

4 months ago

Hi Emily! Thank you for rating Overall Quality, Ease of Use, Customer Support, Feature/Functionality, and Value for Money so high! We're super thrilled to hear that you're happy with Precoro's procurement software. We do our best to deliver even more valuable features and integrations for our clients. Stay tuned for more updates coming your way!