Precoro

RATING:

4.8

(217)

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 2024
Software Advice's FrontRunners report ranks top products 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: 

$249.00 per month

Free trial: 

Available

Free version: 

Not Available

Digitize and organize documents in one collaborative space. Track all purchasing activities across multiple projects and collaborate on the same documents from any device.
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Precoro Reviews

Overall Rating

4.8

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 216 Reviews

User Profile

Viktor

Verified reviewer

Information Technology and Services, 51-200 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

4

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed April 2021

The company we can rely on

PROS

Until Precoro, we used excel & email to create and track requests. There were often delays in delivering goods to the project site. The procurement manager didn't understand whether the goods have already been delivered. It wasn't easy to track the approval status of requests by mail. There weren't clear reports on spending. Now we have automatically generated reports, which are made from a lot of custom fields. That's an excellent ground to control your spending. We got rid of excel, and procurement managers are satisfied with simplifying their work. Tracking invoices during all levels of the cycle is one of my favorite features. The customer support team is supportive and very kind.

CONS

I would like to see the PO details on the side, but I still need to open each PO to see our cost centers. It would be better if PO details are added to the side view. That would keep me from having to open each PO and maneuver back to the dashboard each time.

Vendor Response

Viktor, thank you a lot for this feedback. It's an immense pleasure for Precoro to hear that you can rely on us, and we help simplify your purchasing processes. We make updates each month and consider customers' wishes.

Replied May 2021

Robin

Hospital & Health Care, 501-1,000 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

FUNCTIONALITY

4

Reviewed August 2022

Precoro Makes Purchasing Easy

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.

Reason for choosing Precoro

Precoro had more options in the software platform than any of the other products, plus the alternative of customization if needed. That is what set Precoro above the other companies. Our account manager, [SENSITIVE CONTENT], was also very patient to understand our needs and teach employees the ins and outs to use Precoro, very knowledgeable, offered invaluable input and support, and made the process very painless. She is an absolute gem.

Reasons for switching to Precoro

Sage 300 was not working well as a Purchasing module that fit our needs due to its many limitations. It created purchase orders, but that was it. There were no options in Sage 300 to send purchase orders to vendors within the system, to send RFP's within the system, to track deliveries within the system, to attach documents/files within the system, or to approve anything anything within the system. Most importantly, there was no customer support. Even with all the updates, none of these options were ever added.

Vendor Response

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!

Replied August 2022

Joe

Sporting Goods, 11-50 employees

Used daily for less than 12 months

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

OVERALL RATING:

4

EASE OF USE

4

CUSTOMER SUPPORT

5

FUNCTIONALITY

3

Reviewed September 2021

Useable Software With Room for Improvement

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.

Vendor Response

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.

Replied December 2021

Caroline

Education Management, 501-1,000 employees

Used daily for more 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 February 2024

Think of Precoro as a saviour. It enhances protocol and transparency in business.

Precoro is an adorable tool with excellent performance. The dashboard is fully customizable and automation is practical and relatable.

PROS

Precoro has its ways to enhance clarity in whatever field it is applied in. I started using Precoro in my business as a beginner to control budgeting and expenses tracking. It worked so well that when I got a job, I could not hesitate to apply it in my new position to make my work easier and professional. It has worked well and I feel the change. It is basically easy to use and implementation is not an issue at all. The customer service is excellent too.

CONS

Great tool with no dislikes. Precoro is the best option for me.

Vendor Response

Hi Caroline! Many thanks for your awesome feedback. Saving your time and energy so you can devote more attention to strategic tasks is what we're here for. We're always working toward making our software even better. Thank you for being with us!

Replied March 2024

User Profile

Courtney

Verified reviewer

Information Technology and Services, 10,000+ employees

Used weekly 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:

4

EASE OF USE

4

VALUE FOR MONEY

4

CUSTOMER SUPPORT

4

FUNCTIONALITY

4

Reviewed December 2022

Increase staff productivity and reduce expenses

Precoro is the most straightforward piece of software we've ever used, and as a result, we've seen a dramatic rise in our daily output. As an added bonus, the Developer is also prepared to offer our company an enticing business package, so the whole cost is manageable.

PROS

Our company has used Precoro as our procurement system to replace the previously manual processes involved in the purchasing process. When compared to manual tracking, the technology is far more efficient and helps us save time. It's simple to learn and inexpensive enough that even a modest business like ours can afford it.

CONS

They may add some subheadings to the filter fields. I think it would be helpful if the PO itself could be seen as an image, rather than just a set of fields.

Reasons for switching to Precoro

Precoro is a time-saving app that helps employees get more done in less time. With just a few mouse clicks, the entire purchasing procedure can be approved electronically. It features a simple and straightforward layout, and recent improvements have made it even more pleasant to use. Precoro allows for simple tracking of the entire procurement procedure. Provides a high standard of customer service.

Vendor Response

Hi Courtney, we appreciate your fantastic review! We're so glad you've made incredible strides in streamlining processes with Precoro and reducing manual tasks. We're always looking to make improvements, so please don't hesitate to contact support if you've got more fantastic ideas. Thank you for being with us!

Replied January 2023