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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

VendorPanel is a Source-to-Contract procurement platform used by state and local government, procurement aggregators and corporates. The SaaS platform helps organisations simplify procurement, reduce risk, maximise savings and drive positive social outcomes. -- Decentralised sourcing -- Tenders, panels & prequalification -- Supplier discovery & management -- 50,000 Marketplace suppliers -- Social procurement -- Local economic development -- Analytics & reporting -- APIs

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 Supported
iPad Not Supported
Android 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

Commercial & public organisations that purchase from preferred supplier & contractor lists, in the open market and through occasional tenders, especially where quoting/evaluation are decentralised.

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

$15,000 AUD/year
Enterprise: Custom pricing from AUD $15k/ yr. Teams & SMEs: AUD $50/user/month
Free Version Not Supported
Free Trial Not 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 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

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.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Not Supported
Webinars Supported
Live Online Supported
In Person Supported

Company Information

Precoro
Founded: 2015
United States
precoro.com

Company Information

VendorPanel
Founded: 2008
Australia
www.vendorpanel.com

Alternatives

Alternatives

Vendx

Vendx

MavenVista Technologies Pvt. Ltd.

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

Procurement Supported
Purchasing 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 Not Supported
Bid Management Not Supported
Budget Management Not Supported
Catalog Management Not Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Receiving Not Supported
Requisitions & Approvals Not 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 Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Not Supported
Requisitions & Approvals Not Supported
Sourcing Management Supported
Spend Management Not 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 Not Supported
Vendor Performance Rating Supported
Vendor Qualification Tracking Supported

Contract Management Features

Buy Side (Suppliers) Supported
Completion Tracking Supported
Compliance Tracking Supported
Contract Lifecycle Management Supported
Electronic Signature Supported
Full Text Search Not Supported
Government Contracts Supported
Pre-built Templates Supported
Sell Side (Customers) Not Supported
Specialty Contracts Not Supported
Version Control Supported
Workflow Management Supported

Integrations

Microsoft Dynamics 365 Supported
Xero Supported
Adobe Acrobat Sign Not Supported
Amazon Business Supported
Basware Not Supported
Grainger Supported
HubSpot CRM Not Supported
HubSpot Customer Platform Not Supported
LinkSafe Not Supported
Microsoft 365 Not Supported
Microsoft Dynamics 365 Business Central Supported
Microsoft Entra ID Not Supported
Microsoft Outlook Not Supported
Microsoft Power BI Supported
NetSuite Supported
Odoo Supported
Orange Apron Media Supported
QuickBooks Desktop Pro Supported
SAP Ariba Not Supported
Sage 50 Supported

Integrations

Microsoft Dynamics 365 Supported
Xero Supported
Adobe Acrobat Sign Supported
Amazon Business Not Supported
Basware Supported
Grainger Not Supported
HubSpot CRM Supported
HubSpot Customer Platform Supported
LinkSafe Supported
Microsoft 365 Supported
Microsoft Dynamics 365 Business Central Not Supported
Microsoft Entra ID Supported
Microsoft Outlook Supported
Microsoft Power BI Not Supported
NetSuite Not Supported
Odoo Not Supported
Orange Apron Media Not Supported
QuickBooks Desktop Pro Not Supported
SAP Ariba Supported
Sage 50 Not Supported
Claim Precoro and update features and information
Claim Precoro and update features and information
Claim VendorPanel and update features and information
Claim VendorPanel and update features and information