Precoro

RATING:

4.79

(179)

About Precoro

Precoro is a cloud-based purchasing software that streamlines procurement processes for SMBs and Enterprises. 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 provides a wide range of features, including integrations with NetSuite and Quickbooks, and free API. Users also get total security with SSO and reliable 2-factor authentication and gain transparency of the procurement process through automated reporting. Precoro enables users to: *Create purchase requests, set automated approval routing, and receive purchase orders. *Store supplier information including addresses, contact information, a...

Awards and Recognition

FrontRunner 2023
Software Advice's FrontRunners report ranks top products based based on user reviews, which helps businesses find the right software.

Precoro Pricing

Precoro pricing starts at $35.00 per user per month. A free 14-days trial is available. The payment is charged per user per month and billed annually. For ≤ 20 — $35/mo per user For > 20 users — contact Precoro directly Pay only for the number of users and get full access to the platform without hidden fees. All features are available in all plans, as well as lifetime updates and 24/7 support you can rely on. Every week, you’ll get access to new updates and releases on an ongoing basis. All features are designed according to customers' feedback, so you’ll be able to affect product development. Besides, you'll be able to receive procurement advisory from our experts anytime.

Starting price: 

$35.00 per month

Free trial: 

Available

Free version: 

Not Available

Monitor your spending progress and see what is left to do with the informative dashboard.
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Precoro Reviews

Overall Rating

4.79

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for Precoro

1 - 5 of 180 Reviews

User Profile

Jacques

Verified reviewer

Biotechnology, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed June 2020

Excellent product with a great team backing it

We had a great implementation and also enjoy using the software on a daily basis. It's easy to maintain and set up. But most of all, the Precoro team - managers and support - are always willing to help and listen - which adds a lot of value.

PROS

I like the customisable workflow for approvals. It has grown a lot since inception and you now have a lot of flexibility. I like the custom fields on a document or line level and I appreciate the easy to use in interface. It's really easy to train users on it and support is really quick in addressing any issues that might arise - whether a bug (very few of those experienced - none in the last 12 months) or user error.

CONS

In the beginning, it didn't meet all our requirements. But the team listened and implemented all of our suggestions and they are now available to all users - so we're very pleased.

Vendor Response

Jacques, thanks a lot for your feedback. We're happy to know that Precoro helps you improve your process.

Replied July 2020

Jiahua

Pharmaceuticals, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed October 2021

Review

Overall, it completely meets our basic need for PO creation, approval workflow and integration to QBO! It totally speeds up and simplifies our procurement/inventory management. It would be better if several functions mentioned in 2nd page can be achieved. We would like to recommend Precoro to our business partners.

PROS

Integration, approval workflow combining budgeting.

CONS

Please see comment in 2nd page for inventory management section.

Reason for choosing Precoro

Precoro's workflows are easier to design/maintain. The most important thing for small and mid size business, it is cost-saving.

Vendor Response

Hi Jiahua! Thank you so much for your kind and thorough feedback! This information is very useful for our future users. Our team is happy to help and to know that Precoro can save you time and money.

Replied December 2021

Angelo

Sports, 11-50 employees

Used daily for less than 6 months

Review Source: Capterra
This reviewer was invited by the software vendor to submit an honest review.

OVERALL RATING:

4

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed September 2021

Good baseline solution with room to grow

We did not have a procurement process or ability to approve invoices in a systematic way. This is no longer a problem for us. We also didn't have a great way to measure budget vs actual spend on our construction projects. Precoro has provided us with an uplift in that respect.

PROS

Three main things: 1. Ease of use 2. Flexibility in configuring approval workflows 3. Customer Service - [SENSITIVE CONTENT] and team have been amazing in helping us work through issues. Some are user errors, some are system issues. In either case, we get the same level of attention.

CONS

I really wish we were able to sync POs, invoice and receipts to NS. I understand there is a one document sync limit to Netsuite and we elected to to have invoices as our syncing document. This limitation prevents us from fully leveraging Precoro for our inventory related purchasing. For invoice syncing, it would be helpful if documents copies would also sync back to Netsuite. More robust reporting, particularly around budgets would be welcome.

Vendor Response

Hi Angelo! Thanks for taking the time to write such a detailed review! 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! Thank you for being with us!

Replied December 2021

Aisha

Non-Profit Organization Management, 51-200 employees

Used daily for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

4

EASE OF USE

5

VALUE FOR MONEY

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2022

Precoro: the user friendly system.

Having Precoro helps to track our spending and helps me to easily find details of things purchased ffor the organization.

PROS

What I like most about Precoro is the simplicity of the site. It is easy to use with little direction given.

CONS

I do not like having to redo the approval process once I update a vendor in a PO.

Reasons for switching to Precoro

Because we needed a system that would allow us to customize based on our organization.

Vendor Response

Aisha, we're delighted that Precoro has made a positive impact on your purchasing workflow! Your feedback is crucial to us as we strive to make our software even better. We welcome any more ideas you may have, so don't hesitate to reach out and let us know how else we can help take the hassle out of spending management for your team.

Replied December 2022

Jessica

Real Estate, 11-50 employees

Used daily for less than 2 years

Review Source: Capterra
This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2023

An ideal tool for automating material approval and purchasing procedures

Using Precoro helped us to organize and manage the process of approving materials, preparing requisitions, and tracking approvals through all stages, and the automation available in Precoro helped us to complete all these jobs as well as obtain comprehensive records and reports with minimal effort.

PROS

It's great how Precoro tools enable us to track purchases in full detail, from the approval stage of materials to the delivery of materials to the site. Much appreciated Precoro's records include all submission and approval dates as well as notes taken by all parties. It is easy to send requests to get quotes and also send them to the responsible members to choose the appropriate ones. After obtaining approval, we can send a purchase request, update the status, and confirm the date of arrival of the materials on the site. It is also good that Precoro allows tracking of vendor payments so that we can monitor all related operations in the smallest detail.

CONS

Precoro is a great tool, almost flawless, and very easy to use. The support team is great, and thanks for being so responsive and able to guide us properly.

Vendor Response

Jessica, we couldn't be more delighted that you are pleased with our procurement solution — it drives us to strive for excellence! We are so grateful you took the time to share your positive experience. Our Support team makes an extra effort to ensure all your questions are answered quickly. We appreciate hearing how great they have been. Thank you!

Replied January 2023