About Precoro

Precoro is a cloud-based purchasing software that streamlines procurement processes for small and midsize businesses. Key features include purchase order creation and delivery, blanket PO, visual analytics on spends by departments, billing, real-time budgeting, receiving, three-way matching, and catalog management with product links.

Precoro allows users to create purchase requests, set automated approval routing and receive purchase orders. Precoro’s vendor management module stores supplier information including addresses, contact information and payment terms, which helps users when creating purchase orders.

With the real-time dashboard, users can visualize the overall spending status across all purchase orders. With Precoro, you have all of y...


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Supported Operating System(s):

Web browser (OS agnostic)

48 Reviews of Precoro

Average User Ratings

Overall

4.81 / 5 stars

Ease-of-use

5.0

Value for money

5.0

Customer support

4.5

Functionality

4.5

Ratings Snapshot

5 stars

(39)

39

4 stars

(9)

9

3 stars

(0)

0

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

Showing 1 - 5 of 48 results

August 2018

Kapil from IndiQube

Company Size: 51-200 employees

Industry: Commercial Real Estate

Time Used: Less than 6 months

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

3.0

Functionality

4.0

August 2018

Best Procure to Pay solution in the market with this cost

Overall, it is very nice and handy tool.

Pros

1. Price 2. Configuration feasibility 3. Workflow management 4. User level access and configuration is simply superb, for sure you will not get this feature with this amount.

Cons

1. PR/PO approval should be more configurable, currently it is based on the price, should also be based on the type, dimension of the product as well. 2. Budgeting should also be possible to the location level.

Response from Precoro

Replied August 2018

Kapil, thank you very much for the review! Our budgeting module does work on the location level in fact. Our Customer Success Team will help you to set up the budgets according to your company's needs!

June 2019

Brenda from Orkidstudio LTD

Company Size: 11-50 employees

Industry: Construction

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

June 2019

Precoro is just what Orkidstudio Ltd needed!

Precoro has been very helpful with budget tracking; we are able to tell at any one time the status of any one budget thus make solid and on time decisions. Supplier management has also been a plus, its possible on a click of a button to tell the status of supplier accounts, even more helpful with credit accounts - reporting on aged creditors is more accurate and cash-flow projections easier to project. The 3 way document match of the PO, Goods Received Note and the Supplier Invoice has also reduced errors at the Accounts Payable desk. Paper-printing has been reduced by a huge margin, Approvals done not only promptly but accurately. It is definite we are a more efficient Supply Chain team since we logged onto Precoro! Thankyou!

Pros

Precoro offers a start to end procurement solution - its a software that manages our inventory catalogue, through which user departments would log in their purchase requests, prompt approvals online both at Purchase request and Purchase Order level, monitor budgets, and monitor receipt of goods by user departments and invoices for suppliers by the Accounts Payable department. It has a supplier management module which has proved helpful most especially with management of supplier credit accounts.

Cons

We are yet to figure out the integration of the software with Quickbooks online to ensure a seamless functionality of the software across the board for the Procurement and Finance teams.

Response from Precoro

Replied July 2019

Thank you for the review. We're glad to know that Precoro helps you to improve your process! Should you have any questions, please contact your personal customer success manager - we're always there to help.

December 2019

Anonymous

Verified Reviewer

Company Size: 51-200 employees

Time Used: Less than 12 months

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

4.0

December 2019

Great software for managing your budgets

Going over budget was the biggest problem for us. Everything was on paper and hard to track. We have been receiving the invoices from suppliers for not budgeted purchases. Precoro helped us to get control over the spendings with the approval and budget features.

Pros

The system is fast in implementation and has a very user-friendly interface. It was quite easy for our people to get used to Precoro. It has good budgeting functionality and flexible approval which helped us to configure our specific process. I like that everything is in the cloud and you are not buried under the pile of paper.

Cons

You cannot delete some of the data like cost center, it can be hidden or disabled only.

August 2016

Olga from JUSV Sperco Ukraine

Company Size: 201-500 employees

Industry: Pharmaceuticals

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

4.0

Customer support

5.0

Functionality

5.0

August 2016

Gratitude for the effective collaboration

We use this software for order office materials and other services daily and have a lot of advantages. The most important is that we can control the orders of our employees and limit the budget.

Pros

1. Easy use. 2. Quick order of goods and services. 3. Client support. 4. Opportunity to compare prices from different suppliers. 5. Budget control. 6. Reporting on the orders.

Cons

N/A

Response from Precoro

Replied August 2016

Thank you so much! We really appreciate your review!

August 2016

Yana from Netpeak

Company Size: 51-200 employees

Industry: Information Technology and Services

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2016

I highly recommend Precoro for its great analytics and reports

We use Precoro in our 4 offices to analyse all the spendings around the company. Precoro helps us to track all the spendings, beginning with office purchases and ending with Internet connection. Each employee has his own Precoro account and they make purchase requests, that I approve and send to suppliers directly from Precoro. The most useful feature for me as the responsible purchaser is great spend analytics and reports.

Pros

Our employees really like simple and pretty catalog of goods and services that they can request. Analytics helps me to report CFO about our spendings any time. I think, that the time I spend from making a request to buy and pay bills has decreased and there's a bit less chaos in making purchase request - now they use only Precoro, instead of email, paper, phone etc.