What are Precoro users saying about the software?

We got everything we needed and even more

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.

Great Purchase Management System

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.

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.

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.

OVERALL GREAT PLATFORM

WE CAN ALL NOW VIEW THE PURCHASE ORDERS AND MATCH THEM UP EASIER WITH THE INVOICES.

Pros

I AM ABLE TO CREATE INVOICES, CREATE RECEIPTS, AND REACH OUT TO THE VENDOR FROM ONE PAGE. ALL PURCHASE ORDERS IN ONE PLACE AND EASY TO FIND.

Cons

I THINK ONCE AN INVOICE IS CREATED OR RECEIPT IS MADE, THERE SHOULD BE A DIFFERENT LOCATION FOR THE PO'S. MAYBE SEPERATE THEM, DONE, NOT DONE, ETC.

Happy to find a solution that works for our small team!

very good! [SENSITIVE CONTENT] was available, attentive, made me demo videos which was great!, understanding of my needs and very patient as I worked my way through comparing other platforms and spending time with Precoro on my own time.

Pros

I was looking for an alternative to the procurement software my team is currently using (Bellwether) as it did not do a few things I needed. I needed a software that allowed me to add multiple project budgets to one PO, an easier/more visable project budget that was viewable to my team and not just the admin, a PO process that was smoother/less steps and finally more cost effective as our team only has 6 users.

Cons

Through playing around with a trial account, it did take some time to figure out how to apply budgets in a work around way that my Rep [SENSITIVE CONTENT helped me with - but I did get it eventually! I do find the payment/invoicing a big clunky - but its not exactly what we needed this software for so it didnt bother me too much.

Great value for your money

Great customer service! Initial install was very clean and quick, and the screens are very intuitive and easy to learn.

Pros

Very strong management capabilities that put you squarely in the driver's seat.

Cons

Nothing major. Any problems that we had were due more to the learning curve than any flaws in the software.

Excellent procurement software

Pros

Easy to share information within the team Automated approval workflow Easy to make changes in settings to adapt to our company Easy to track which invoices were paid or not

Cons

Would be good to have more flexibility to delegate approvals to another user (e.g. in case of holidays / sick leave, etc.)

My recommendation for any business

The whole process was managed through excel. We had 300-500 PO/ month and 3 procurement managers. The main problem was that it was very difficult to track the process in excel and communicate with the requesters (give an update on the status of their request) and the office manager (the person who receives the goods). Precoro - is the solution to problems we had. We forgot about excel and the lack of time for our procurement managers. That’s much better to optimize the process through this software than hire more employees.

Pros

We like automatically updating statutes and simplifying communication between requesters and the office manager. I noticed reducing the processing time for the request. It was about 2-3 days, now - usually not more than 20 minutes. Their customer support team is brilliant! [SENSITIVE CONTENT HIDDEN] closely goes through all questions we have and always listens to our needs.

Cons

Within the company, PR as a document is essential. We print them, sign them, seal them, keep them. It is necessary for us to have a logo on the PR.

Precoro is awesome

Pros

Very easy to use, easy to filter through your orders.

Cons

The only thing this software is missing is that there no search bar for the items ordered in the past.

GREAT VALUE FOR REASONABLE COST

Precoro exceeded all our expectations. They helped us to set up an approval workflow, track budgets, work with product catalogs and ordering. Now we have more functions than we planned to have with a new tool.

Pros

1 - Instant reports, which help to get insights and make better decisions. Our financial department is delighted and thankful for simplifying analytical work. 2 - We were glad of the ability to add multiple currencies, offices to 1 account. 3 - We like their last update about Custom Fields for Documents. You can change them in Budgets, even when used in documents, and it won’t affect created documents. Love their permanent updates! 4 - Now, almost all invoices are processed electronically.

Cons

Nothing important. I'm satisfied with the results.

Great choice for Purchasing system

Timesaver

Pros

Precoro is easy to use and easy to set up,

Cons

We have not found any cons to this software.

Very helpful software, easy to use

Pros

We didn't have an ordering system before and when we received invoices, the finance department always had to contact the purchaser to allocate the costs correctly.Now we have all the PO's in Precoro, we can see how the costs need to be allocated, the approval process is automated and the invoices can be matched with the PO. The system is easy to use, the team is constantly working on improvements and the customer support team is very supportive and very kind.

Cons

The process for PO's for service contracts is not yet optimal, but I know that implementation is being worked on. PDF (uploaded contracts or invoices) must always be downloaded before you can view them. It would be faster and easier if the PDF would open directly in the browser.

Fantastic software that adapts to your organization's current/ future needs.

Precoro has delivered on so many of our requirements and continues to adapt to our needs. Precoro has allowed us to implement our paper-based processes to a digital platform and provided us with additional functionality that has been of great use to our department. I would recommend this application to any growing or established organisation.

Pros

The thing I enjoy most about the software and Precoro as a whole. Is how much the software adapts to the growing needs of our organization. Allowing us to manage the PO and PR approval process digitally, monitor budgets on a digital platform. Precoro has provided greater visibility of our spending across projects, suppliers, and locations. It has increased our Purchase order process dramatically and provided user-friendly reporting functionality.

Cons

Initially, the speed at which the software could adapt to our needs. At present, this has improved over the years. It's great to work with an organization that listens to your needs and tries to accommodate them where possible. But there are still features that could be improved .e.g. customization of the PO layout, customization of text sent out with purchase orders, and allocating mandatory/non-mandatory budgets.

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.

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.

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.

more effective overall procurement process

Pros

Precoro mobile web version and approval from email allow me to do it from everywhere. In addition, we now know in real-time how much we're spending on each budget.l In just a few weeks using precoro we saw tremendous improvement in our process, especially around budgets and approvals. We use Quickbooks for accounting but it was a struggle because we didn't know how much was left in a specific budget and if it's okay to approve a request or not. It wasn't very easy for us. We were looking for many different solutions, but many services were unfriendly or didn't have all the functionality we needed. I'm so happy that we've found an excellent automated, integrated QB solution - Precoro!

Cons

We have 2 people who make PO and separately approvers. They constantly need to revise PO and increase the amount through tolerance rate for receiving. It is very often the case that one creator is hired, and another can do it. but he hasn't a revised button because he is not in the approval flow.

Great experience with the software

Pros

I work in a global software company and we work with more than 70 suppliers. It became necessary to buy good software for the procurement process. There were a lot of different companies on the trial, and the last one was the Precoro, which was chosen as a result. There wasn’t necessarily onboarding, we sut everything up and everyone understands how to use it. During this trial, my team simulated the process with real data for a month. As a result, we created 300+ ROs and invoices. We have been using it for more than a month now, everyone is satisfied, the process is set up, no complaints. Now, the approval process is by phone/computer and there is no need to come for signatures. It is convenient to keep all suppliers in 1 system and send them POs so fast as never before!

Cons

It’s not con, but it would be better to see the budget total in the invoice custom report.

The best of its kind

We didn't control POs at all, and it was very manual. Precoro is a great procurement software for making requests, approving them, raising orders, and getting analytics on them. We got everything we were looking for, and we can rely on Precoro due to its excellent quality and support. I recommend these guys for all companies which want to simplify the purchasing process and get a more transparent budget analysis

Pros

1. A beneficial visual representation of the budget information. 2.User-friendly design and best form of supply chain digitization. 3.Reference each PO by looking it up in the search box by PO number.

Cons

Sometimes not all text is displayed. Although when I loaded information, the system saved all I entered. It would be better to show restrictions on the number of entered characters, like '0/250', so that you can immediately see how many characters are left.

Individual approach to each customer

Pros

Problem #1 solved by Precoro is the difficulty of tracking the budget in real-time. With Precoro, it became possible to make it work well. Problem #2 - manual entering of information in Quickbooks. This accounting system is well, but manual entry took time. Integration was a perfect decision for us. Problem #3 - difficult to track the status of the approval. Automatic changing of status after opening mail and clicking one approval button in Precoro is perfect for us. And Precoro’s Customer Success Team is excellent. I’m not sure that big companies provide the type of individual support that Precoro does. For these reasons and many more, I suggest Precoro over and against any larger SAAS company.

Cons

In the PO report, there are fields in which it is difficult to orient what it concerns in general info. But it's a minor con. We're satisfied with all the functionality.

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.

PRECORO SYSTEM

I love that the system can be used also from mobile.easy to work when away from a computer

Pros

As the procurement manager I was probably the first user in our conpany. The system is easy to use and well designed. We had some requests that Olena from Precoro and her team developed and added quickly. In general customer service is so helpful . Now as the admin of the system i understand it even better snd i handle the users requests and i can honestly say it is a really great system.

Cons

No SAP integration but Precoro is working on this now and soon we will have this as well.

getting organized with purchasing process

Pros

Thanks to Precoro, Revenue Grid could speed up approvals and be sure not to go beyond the budget. QuickBooks integration was a key factor for choosing Precoro. We bought Concierge Setup and the Precoro team transferred all data and set up settings by themselves. The onboarding process was fast. Each user efficiently uses software at work. I like that the company can set up budgets for pretty much everything: projects, categories, locations. Besides this, a great function we noticed is limiting what each user can see and which modules use in the system. I rate Precoro 5 stars because they always listen to our needs, and even if something goes wrong - they help us solve this. I have to compliment [SENSITIVE CONTENT HIDDEN]. She knows the service very well and answers right away. Each PR has its own number created automatically and can be customized. I like simple UI, very easy to use Precoro!

Cons

I really like everything about the software.

Nice Program to use

So far, we are pleased with the program. We are glad that it help improve our work efficiency.

Pros

Precoro is easy to start with good level of control program to use. Our company use it to manage our purchasing. It ease the process, also reduce the time of communication between team members as everyone can log in to see the current status of our order. We also like it that be able to send PO to our suppliers direct from the system. It saved a lot of time for our order desk.

Cons

If some of the pop-up windows can be reduced, that would be better. We found that extra steps to get to finish up an order can be removed.