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About

Precoro is a cloud-based solution that consolidates procurement, AP, and payment management. It automates operations with AI, eliminates manual work, prevents maverick spend, and drives savings — faster than you think. Procurement: Build stronger relationships with suppliers, store contracts, and simplify requests for employees. AP & Payments: Save time with AI-powered OCR, 3-way matching, and approval workflows. Close the loop by paying vendors directly from Precoro with virtual cards to ensure a seamless request-to-pay cycle. Spend Management: Seamlessly navigate budgets across locations and departments, manage expenses, and generate reports for insightful analysis. Supplier Management: Automate vendor onboarding and approval to mitigate possible risks. Connect Precoro with ERP systems like NetSuite, QuickBooks Online, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling.

About

With Prokuria's cloud-based platform, you can streamline your procurement process and save time without compromising on quality or customizations that match each team’s needs perfectly! The intuitive interface makes it simple for any size business to use. Prokuria helps companies ease the procurement, purchase, and supplier management process through time and cost-saving solutions: 1. RFIs, RFPs, RFQs 2. Reverse Auctions for big impact 3. Requisition & Approvals 4. Supplier Management for utmost efficiency 5. Purchase Orders made interactively 6. Contract repository 7. Supplier Price Monitoring 8. No-Code for Procurement. User-friendly procedures boosting internal collaboration, alignment with stakeholders, and speed of business. With Prokuria, the procurement process is both modern and efficient. We use several different approaches to achieve this goal with a focus on: -Ease of use -Free-trial for you to test it -Fast implementation -In-depth customizations

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Progressive small, mid-sized businesses and large enterprises across all industries worldwide that want full control over their purchases and payments, without a lengthy implementation.

Audience

Companies seeking a cost-effective procurement management solution to streamline, control and improve their entire purchasing process by the use of dedicated SRM, eRFx/eAuctions, Supplier Management, Purchase Order Management, Supplier Price Monitoring, Requisition & Approvals and Contract Repository Software

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$499/month
Whether you're a small business just starting out or a large enterprise with complex procurement requirements, we have a package designed to meet your unique needs. From purchase order management to vendor onboarding management, our packages are designed to help you achieve procurement excellence.
Free Version Not Supported
Free Trial Supported

Pricing

€15.00/month/user
Basic Plan €15/month/user:
*Suppliers directory
*Supplier segmentation
*Supplier scorecard
*Contracts Repository
*Items catalog
*Custom fields
*25 GB Storage included

Standard Plan €50/ month/user:
everything in Basic plus
*RFIs & RFPs & RFQs
*Update Data Campaigns
*Live messaging with suppliers
*Projects
*Suppliers onboarding form
*Supplier surveys
*Custom workflows
*25 GB Storage
*max 50 suppliers in an event

Premium Plan €150/ month/user
everything in Premium plus
*Public Sourcing Events
*Reverse & Forward Auction
*Dutch Auction
*Advanced Allocation Auctions
*Advanced fields & form logic
*Advanced workflows
*100 GB Storage
*max 100 suppliers in an event

Enterprise Plan:
Price on request for everything you need to roll out a sourcing platform at scale perfectly matching your procedures and process.

White–labeling - €100 /month
DocuSign integration - €100 /month
Set-up Purchase Request/Orders Flow - €100 /month/each
API integrations and Custom developments - Price on request
Free Version Supported
Free Trial Supported

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 4.9 / 5
support 5.0 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Intuitive interface, functionality, customizability, complete spending visibility, ability to manage separate budget for each department.
  • The interface is very user-friendly. I like the dashboard with charts updating in real time. The number of requests, orders, and statutes are on one screen. Perfect!
  • We can create POs and add vendors to the database easily.
  • Precoro has a team of professionals, who are ready to help you any time you need. Only best recommendation for this product!
  • The simplest and most useful software, an easy way to track all items and keep them secure, perfect success customer team.

Cons

  • I think Precoro should have iOS and Android applications.
  • No issues with it really, everything works as intended.
  • Feeling great about the system, 100% satisfactory.
  • As for us, Precoro works well and meets all requirements, so we don't have any problems or concerns.
  • Everything works perfect. Couldn't be happier with the software.

Pros & Cons from Real Users

Pros

  • Easy to use and customize features with great Support and Development Teams. No training needed, leading to fast implementation. Great communication with suppliers in all types of events we launched until now.

Cons

  • Everything is going smoothly! We've had no glitches so far.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Precoro
Founded: 2015
United States
precoro.com

Company Information

Prokuria
Founded: 2016
Romania
www.prokuria.com

Alternatives

Alternatives

eBuyerAssist

eBuyerAssist

Eyvo eProcurement

Categories

AI Procurement Supported
ESG Supported
ESG Reporting Supported
Expense Report Supported
Procure to Pay Supported
Procurement Supported
Purchasing Supported
Spend Analysis Supported
Spend Management Supported
Sustainability Supported
Vendor Management Supported

Categories

Price Monitoring Supported
Procurement Supported
Purchasing Supported
RFI Supported
RFQ Supported
Sourcing Supported
Vendor Management Supported

Procurement Features

Asset Management Supported
Auction Management Supported
Bid Management Not Supported
Budget Management Supported
Catalog Management Supported
Contract Management Supported
Inventory Management Supported
Invoice Processing Supported
PunchOut Supported
Purchase Order Management Supported
Receiving Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Purchasing Features

Catalog Management Supported
Compliance Management Supported
Contract Management Supported
Inventory Management Supported
Invoice Processing Supported
PunchOut Supported
Purchase Order Management Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Vendor Management Features

Audit Management Supported
Contact Management Supported
Customer Database Supported
Self Service Portal Supported
Supplier Master Data Supported
Transaction History Supported
Vendor Maintained Profiles Supported
Vendor Managed Inventory Supported
Vendor Performance Rating Supported
Vendor Qualification Tracking Supported

Expense Report Features

Approval Process Control Supported
Invoice Management Supported
Multi-Currency Supported
Receipt Management Supported
Reimbursement Management Supported
Spend Control Supported
Time Tracking Not Supported
Workflow Management Supported

Procure to Pay Features

Billing & Invoicing Supported
Budgeting / Forecasting Supported
Compliance Management Supported
Contract Lifecycle Management Not Supported
Financial Reporting Supported
Integration Management Supported
Inventory Management Supported
Order Management Supported
Vendor Management Supported

Spend Management Features

Approval Workflow Supported
Budgeting / Forecasting Supported
Expense Tracking Supported
Multi-Currency Supported
Prepaid Cards Supported
Procurement Management Supported
Receipt Management Supported
Spend Analysis Supported
Spend Control Supported
Supplier Management Supported

Sustainability Features

Audit Management Not Supported
Benchmarking Not Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Emissions Management Not Supported
Employee Training Not Supported
Energy Management Not Supported
Incident Management Not Supported
KPIs Not Supported
Performance Metrics Not Supported
Stakeholder Engagement Not Supported
Supplier Management Supported
Waste Management Not Supported

Procurement Features

Asset Management Not Supported
Auction Management Supported
Bid Management Supported
Budget Management Supported
Catalog Management Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Supported
Receiving Not Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Not Supported
Supplier Management Supported

Purchasing Features

Catalog Management Not Supported
Compliance Management Supported
Contract Management Supported
Inventory Management Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Vendor Management Features

Audit Management Supported
Contact Management Supported
Customer Database Not Supported
Self Service Portal Not Supported
Supplier Master Data Not Supported
Transaction History Not Supported
Vendor Maintained Profiles Not Supported
Vendor Managed Inventory Not Supported
Vendor Performance Rating Supported
Vendor Qualification Tracking Supported

Sourcing Features

Auction Management Supported
Budget Management Supported
Collaboration Supported
Global Sourcing Management Supported
Rfx Management Supported
Spend Management Not Supported
Supplier Management Supported
Supplier Qualification Supported
Supplier Risk Management Supported
Supplier Web Portal Supported
Template Management Supported

Integrations

Microsoft Dynamics 365 Supported
Microsoft Power BI Supported
Amazon Supported
Amazon Business Supported
Docusign Not Supported
Exact Online Supported
Google Data Studio Not Supported
Grainger Supported
Microsoft Dynamics 365 Business Central Supported
Microsoft Excel Not Supported
NetSuite Supported
Odoo Supported
Orange Apron Media Supported
QuickBooks Desktop Pro Supported
QuickBooks Online Supported
QuickBooks Online Advanced Supported
Sage 50 Supported
Sage Intacct Supported
Slack Supported
Xero Supported

Integrations

Microsoft Dynamics 365 Supported
Microsoft Power BI Supported
Amazon Not Supported
Amazon Business Not Supported
Docusign Supported
Exact Online Not Supported
Google Data Studio Supported
Grainger Not Supported
Microsoft Dynamics 365 Business Central Not Supported
Microsoft Excel Supported
NetSuite Not Supported
Odoo Not Supported
Orange Apron Media Not Supported
QuickBooks Desktop Pro Not Supported
QuickBooks Online Not Supported
QuickBooks Online Advanced Not Supported
Sage 50 Not Supported
Sage Intacct Not Supported
Slack Not Supported
Xero Not Supported
Claim Precoro and update features and information
Claim Precoro and update features and information
Claim Prokuria and update features and information
Claim Prokuria and update features and information