What is Precoro?
Precoro is a comprehensive cloud-based platform designed to centralize and automate procurement processes. It seamlessly integrates your procurement activities, reduces manual tasks, curbs unauthorized spending, and accelerates savings in ways that may surprise you.
- Procurement: Enhance relationships with suppliers, centralize contract management, and streamline employee requests for greater efficiency.
- AP Automation: Optimize each phase of the invoice lifecycle using an AP inbox, AI-driven OCR technology, an approval workflow, 3-way matching, detailed reporting, integrations, and budget oversight.
- Spend Management: Effortlessly monitor budgets across various locations and departments, manage expenditures, and generate reports that provide valuable insights.
- Supplier Management: Improve the onboarding process for vendors and streamline approvals to mitigate potential risks.
- Precoro can be integrated with ERP systems and business applications like NetSuite, QuickBooks Online, Xero, and Sage, or you can establish custom connections using a free API, effectively eliminating duplicate payments and manual document handling.
With an intuitive interface, Precoro ensures that users can complete onboarding in less than six weeks without needing IT support. You can customize the system, scale your operations, and receive continuous assistance from your personal Customer Success Manager (CSM). Moreover, your data remains secure with single sign-on (SSO) and robust two-factor authentication, providing peace of mind while you manage your procurement needs.
Pricing
Company Facts
Product Details
Product Details
Precoro Categories and Features
Vendor Management Software
Spend Management Software
Purchasing Software
Procurement Software
Procure to Pay Software
Expense Report Software
More Precoro Categories
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Complete transparency of purchasing process and cash flow
Date: Oct 21 2022SummaryPerfect match for our company and best Customer Support service! Looking forward to some new features they're releasing soon.
PositiveThe interface is very user-friendly. I like the dashboard with charts updating in real time. The number of requests, orders, and statutes are on one screen. Perfect!
NegativeNo issues with it really, everything works as intended.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Guarantees convenience and effortless operation
Date: Dec 21 2022SummaryStreamlines procurement, granting effortless access to purchasing tracking and reporting. With intuitive navigation capabilities, Precoro allows us to track spending with all financial documents in one place.
PositiveIntuitive interface, functionality, customizability, complete spending visibility, ability to manage separate budget for each department.
NegativeI think Precoro should have iOS and Android applications.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Automated 3-way matching process
Date: Mar 11 2022SummaryThe software is very useful and is designed very well. Great experience right from the start. Customer service guided us through the setup, which was much easier than we thought. The onboarding process took less than 2 weeks.
PositiveWe can create POs and add vendors to the database easily.
NegativeFeeling great about the system, 100% satisfactory.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Powerful procurement software
Date: Dec 10 2020SummaryClear interface and ease of use - were something we have been looking for. As a global company, it's great to manage all our entities and countries in 1 tool. Now it's super easy to convert requests into orders or create new purchase orders. Managing thousands of items in Precoro's catalog and integration with our accounting software is another superiority. With Precoro we go through different procurement processes from the budget planning to the final reporting.
PositiveAs a global company, it's great to manage all our entities and countries in 1 tool. Clear interface and ease of use - were something we have been looking for
NegativeDespite the good mobile version, it'll be great for the guys to have an app. Other features are perfect
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Smart Software
Date: Dec 08 2020SummaryWith Precoro we found a perfect solution to simplify our procurement processes and improve the transparency of our costs.
PositiveVery smart software. Simple for both requestors and approvers. Sending orders to suppliers automatically is a power feature.
NegativeWe don't see any cons at Precoro. Everything works great
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Good digital solution
Date: Dec 09 2020SummaryI enjoy using this software weekly and I'm happy to get rid of manual paper work. Highly recommended!!
PositiveHas a lot of useful features and works without any problems. Great software with very flexible approval routes.
NegativeNothing to complain about. Program works without bugs.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Very Happy With Precoro
Updated: Dec 17 2020SummaryAs for us, Precoro is a perfect all in one digital solution, that allows us to modernize our procurement process. It is very user-friendly and reliable, what is more, it will definitely save your time. We absolutely forgot about paperwork and enjoy our modern way to create new POs or requests.
PositivePrecoro has a team of professionals, who are ready to help you any time you need. Only best recommendation for this product!
NegativeAs for us, Precoro works well and meets all requirements, so we don't have any problems or concerns.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Great product.
Date: Dec 04 2020SummaryPrecoro is more than just a platform. It's a perfect solution for managing purchase requests and orders.
PositiveWe love how the guys constantly add new feature to the product without additional cost. Great software with clean interface
NegativeI wish search per item would be more intuitive and inside interface, not reports.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
CEO
Date: Nov 27 2020SummaryAwesome product for growing businesses, quick and accurate onboarding, great fit if you need something flexible, affordable and fast to implement.
PositiveVery robust. As a director, I love how we can track the spends from all departments against the budgets, we didn't exceed any budget this year! Also approvals on the go are great - especially when everyone is working from home.
NegativeDidn't find, support team is very responsive and can’t say nothing bad about the system.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Very useful tool
Updated: Dec 03 2020SummaryGreat software for financial management. The Precoro team helped us with any questions concerning installation and the first steps on our way.
PositivePrecoro is easy to use and very intuitive software. This software allowed us to get away from the paper approval work.
NegativeАt first it was hard to get used to this software, but actually everything turned out to be much easier.
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Very good solution
Date: Dec 14 2020SummaryPrecoro allowed us to organize and control our procurement workflow. We totally forgot about manual paperwork. New software helps us keep track of all our purchases and make the companies budget transparent. I am extremely happy with this toll, because it helps us organize everything we need for the continuous work.
PositiveThe simplest and most useful software, an easy way to track all items and keep them secure, perfect success customer team.
NegativeEverything works perfect. Couldn't be happier with the software.
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