Highly recommended for simplicity, approval management and faster processes.

It is easy to use, with the cloud based version it is accessible from anywhere, and quite customisable on the user front with regards to approvals and workflows. Great data and document store.

Assist in getting proper approval for purchase orders and kept count of PO sequence. Easy to use after a short period of time.

Occasional errors in accounting software when importing information if another user is in accounting system (has to do with batching).

We get great support from the consultants as well.

We were on a paper system using Microsoft GP as our accounting software. We needed something that integrated with GP and was easy to implement and train.

Easy to view status of requests and locate by searches. Also the ability to view where the request stands in the approval routing.

Software times has error when creating a PO but once you press create a PO again then everything is fine.

We’re able to keep our costs down and have the peace of mind that requests are getting the right approvals. Auditing has been smoother since implementing Fraxion.

After a year researching various alternatives, we chose this software for cost, ease of implementation, and user friendliness.

Overall good product and price. Has been a favorable experience and has helped our organization.

The support team is top notch at Fraxion, the people they employee are very knowledgeable and easy to work it.

Overall the experience with Fraxion and dealing with the team and the software has been positive.

Great company to work with, very flexible and helpful. Support always responded quickly and our [SENSITIVE CONTENT] was awesome.

ERequester includes only the basic features needed. No periodic updates are communicated or pushed.

The implementation support was superb and the follow-up customer service was exceptional.

And doing change orders after you cancel a previous one is not possible. The system needs more simple features for everyday users who make simple errors to correct them easily.

Overall, we have a good Fraxion experience. No integration issues has been identified.

The reporting and lack of dashboards. The team has advised that changes will be made soon.

Easy to use application once you know the features.

It integrates perfectly with Sage, our finance platform. Its out-of-office routing is really straight forward to setup and implement.

Great software that greatly improved our Purchasing abilities.

Mostly good with respect to the approval and request submission process.

Ease of use and accessibility to our primary requester personnel. Integration and Interface to GP2015 simple and automated.

The ease of use for the technical Staff, and the ability to configure approval paths.

Fraxion is great for enabling a company to adhere to their spend management policy. The system has the ability to be as granular as you need.

It was difficult to deploying the upgrade. Setting up structures and our GL was difficult.

Simplified reporting in tracking costs versus budgets. Excellent supplier management tool.

Ease of use, out of office routing, Sage integration.

Most functions are user friendly. You can keep a record of all Procurement transactions on Fraxion.

Easy to implement, clear interface, perfect, custom reporting capabilities, great customer support.

I love the user friendly interface that makes it easy to learn and understand. I also love the customer service you get.

Precoro has a good level of customisation to meet the needs of the Company with out the added cost. Support is available to sort out any issues relatively quickly.

Our overall experience is very good. The software is user friendly, easy to use with very good support.

PO and approval, confirmation , documentation all these procedure are easy now.

We do not have a dedicated procurement dept.,  so we needed something intuitive, easy-to-use and nimble to save our operations managers time and mone.

User Interface is easy to use. Integrates with Google Authenticator for total security.

One thing that in my opinion Precoro is missing is an integration with SAP (which is a software that a lot of company uses).

The search function is great for finding other users’ PO's. Integration with QBO was our requirement, so we were happy that effective and easy-use purchase software has this integration.

User level access and configuration is simply superb, for sure you will not get this feature with this amount.

The 3 way document match of the PO, Goods Received Note and the Supplier Invoice has also reduced errors at the Accounts Payable desk.

The system is easy to use and well designed. We had some requests that Olena from Precoro and her team developed and added quickly.

It's enough hard to interact with suppliers throw Precoro - they haven't got an account to manage my orders.

If I make a mistake sometimes it's impossible to make a correction. The inventory management is poor.

With Precoro all the departments of our Hotel have the ability to make orders quickly and using only one portal.

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.

We’ve really seen the powerful benefits of information flowing seamlessly end-to-end on the platform.

The simplest and most useful software, an easy way to track all items and keep them secure, perfect success customer team.

Flexible, great customer support, auditable, ease of use, integration with QB.

With the last time we have the opportunity to simplify many things. In addition, the relationship with suppliers is also different.

I'm so happy that we've found an excellent automated, integrated QB solution - Precoro.

Precoro - is the solution to problems we had. We forgot about excel and the lack of time for our procurement managers.

As a school accounter I always had to work with a horrible amount of papers.

The system is easy to use, the team is constantly working on improvements and the customer support team is very supportive and very kind.

I really glad that i find out about this amazing service with totally fair prices.

The customer support is brilliant and very quick in solution.

The software is very easy to use. The budgeting setup and use is very helpful.

Unfortunately it is not possible to disable unused items in counters.

Before meeting with Precoro, I always a self-controlled process of my company purchases. It takes a lot of time and I'm tired.

We Bayat Power is very much Satisfied with Precoro and our sister company has also implemented the same. Customer care is excellent.

Many thanks to customer support. Precoro team respond to all questions very quickly.

All in all, the system is helpful. 10 since it is not yet integrated with our accounting system.

It is really easy to use. The customer service is the best I have come across in all my life.

Very easy to use and UI/UX design is good, simple and clear. Customer service [SENSITIVE CONTENT] is also always helpful and responsive.

There are approvals on locations, departments, custom fields, and you can set up this process step-by-step as you need. Especially I liked the integration with QBO and the customization of user roles.

Best Procure to Pay solution in the market with this cost.

All data transferred very quickly. Their CSM helped us with each step of implementation, so we haven't problems with a misunderstanding of processes.

Our financial department is delighted and thankful for simplifying analytical work. We were glad of the ability to add multiple currencies, offices to 1 account.

US Dollar

Fraxion provides a complete procure-to-pay solution for purchasing, expense, and AP automation.

The all-in-one procure-to-pay suite includes:

-Purchase requisitions & custom approvals
-Budget & policy control
-Purchase order automation
-Receiving, invoice matching & invoice approvals
-AI-powered AP automation
-Spend analytics, community insights & reporting
-PunchOut & PunchIn
-Internal Catalogs
-Expense management
-Mobile app
-ERP / Accounting system integration

Engineered for mid-sized companies, the intuitive solution facilitates seamless operational spend management from any location. Experience the convenience of mobile flexibility, streamlined procure-to-pay processes, and achieve audit transparency through digital records and accountable, policy-compliant spending across your organization. 

Drive time and cost savings with Fraxion's user-friendly, mobile, and integration-ready solution.




LongDescription

Real-Time Analytics

Cataloging/Categorization

Receiving/Putaway Management

Purchase Order Management

User Management

Status Tracking

Customizable Reports

Document Storage

Access Controls/Permissions

Spend Control

Financial Analysis

Contract/License Management

Financial Management

Policy Management

Invoice Management

Transaction History

Approval Process Control

Rules-Based Workflow

Procurement Management

Collaboration Tools

Data Import/Export

Spend Analysis

Integration Management

Multi-Location

QuickBooks Integration

Audit Trail

Configurable Workflow

Multi-Currency

Fixed Asset Management

Compliance Management

Real Time Data

Vendor Management

Expense Claims

Real-Time Notifications

Workflow Management

Project Accounting

Real-Time Updates

Budgeting/Forecasting

Activity Dashboard

Invoice Processing

Alerts/Notifications

Reporting & Statistics

Reminders

Time & Expense Tracking

Customizable Templates

Receipt Management

Accounting Integration

Budget Control

Expense Tracking

Real Time Reporting

Spend Management

Purchasing Reports

Supplier Management

Reimbursement Management

Requisition Management

Approval Workflow

Quotes/Estimates

Purchasing & Receiving

Third-Party Integrations

Financial Reporting

Search/Filter

Reporting/Analytics

Mobile Receipt Upload

Sourcing Management

Mobile App

Billing & Invoicing

Core Accounting

Customizable Fields

Mobile Access

Fraud Detection

Data Extraction

Document Management

PO Reconciliation

Per user pricing model. Contact Fraxion for detailed pricing information.

Email/Help Desk

FAQs/Forum

Knowledge Base

Phone Support

24/7 (Live Rep)

Chat

11-50

51-200

201-500

501-1000

1000+

Fraxion

In Person

Live Online

Webinars

Documentation

Videos

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, and payment terms.
*Visualize the overall spending status across all purchase orders with Precoro's real-time dashboard. 
*Track all of the spendings at a glance, filter visual reports by departments and projects. 
*Create and manage lists of products from vendors.
*Keep all information in one place; track requisitions, approvals, budgets, and orders. 
*Set request due dates according to their priorities. 

Precoro has been challenging stereotypes about clunky and difficult to implement procurement systems since 2015. We embrace the following values:
* Ease of Use. Precoro's user-friendly interface allows you to enjoy procurement automation without any additional training.
* Free Trial. Get a free 14-day trial and see Precoro in action to make sure we are the perfect fit for your business. No credit card information required.
* Open Pricing. Precoro charges per user, per month. There are no hidden fees or complicated pricing tiers. All features are available in all plans. 
* Simple Implementation. Set up Precoro in a couple of hours and use it for years. Enjoy a guided switch from your current procurement management method.
* Lifetime Support. Get real-time procurement advisory and support from our experts.
* Full Flexibility. With the unlimited number of custom fields, you can adjust Precoro to your company’s needs at no extra cost.

Forecasting

Import/Export Management

Activity Tracking

Real-Time Monitoring

Supply Chain Management

Ad hoc Reporting

Order Management

Single Sign On

Projections

Categorization/Grouping

Order Fulfillment

Recurring Payments

Self Service Portal

Planning Tools

Inventory Tracking

Real-Time Data

Performance Metrics

Currency Conversion

Data Visualization

"What If" Scenarios

Vendor Master Data Management

Monitoring

Summary Reports

Order Tracking

Order Processing

Contract Lifecycle Management

Inventory Management

Warehouse Management

Duplicate Payment Alert

General Ledger

Project Management

Returns Management

Onboarding

Bank Reconciliation

Precoro pricing starts at $39.00 per user per month. A free 14-days trial is available. 
 
The payment is charged per user per month and billed annually. 
For ≤ 20 — $39/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.

Fraxion vs Precoro

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