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Audience

Progressive Small, Mid-sized Businesses and Large Enterprises from all the industries, all over the world, that would like to take 100% control over their purchases and don't spend much time on the implementation!

About Precoro

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 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.

Pricing

Starting Price:
$499/month
Pricing Details:
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 Trial:
Free Trial available.

Integrations

API:
Yes, Precoro offers API access

Ratings/Reviews - 11 User Reviews

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

Company Information

Precoro
Founded: 2015
United States
precoro.com

Videos and Screen Captures

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Product Details

Platforms Supported
Cloud
Windows
Mac
Linux
iPhone
iPad
Android
Chromebook
Training
Documentation
Live Online
Webinars
In Person
Videos
Support
Phone Support
24/7 Live Support
Online

Precoro Frequently Asked Questions

Q: What kinds of users and organization types does Precoro work with?
Q: What languages does Precoro support in their product?
Q: What kind of support options does Precoro offer?
Q: What other applications or services does Precoro integrate with?
Q: Does Precoro have an API?
Q: Does Precoro have a mobile app?
Q: What type of training does Precoro provide?
Q: Does Precoro offer a free trial?
Q: How much does Precoro cost?
Q: What pricing for support is available for Precoro?
Q: What pricing for training is available for Precoro?

Precoro Product Features

ESG

Activity Dashboard Not Supported
Audit Management Not Supported
Benchmarking Not Supported
Compliance Management Not Supported
Analytics/Reporting Not Supported
Data Visualization Not Supported
Document Management Not Supported
Performance Metrics Not Supported
Risk Assessment Not Supported

Emissions Management

Allowance Management Not Supported
Frequency-Based Tasks Not Supported
Automatic CO2 Calculation Not Supported
Emissions Trading Not Supported
Risk Management Not Supported
Emissions Monitoring Not Supported
Permit Level Maintenance Not Supported
Emission Reduction Planning Not Supported
Emission Inventory Not Supported

Expense Report

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

Procure to Pay

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

Procurement

Asset Management Supported
Auction Management 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
Bid Management Not Supported

Purchasing

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

Spend Management

Approval Workflow Supported
Budgeting / Forecasting Supported
Expense Tracking Supported
Multi-Currency Supported
Procurement Management Supported
Receipt Management Supported
Spend Analysis Supported
Spend Control Supported
Supplier Management Supported
Prepaid Cards Not Supported

Sustainability

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

Vendor Management

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

Precoro Additional Categories

  • Galyna M.
    Chief People Officer
    Used the software for: Less than 6 months
    Frequency of Use: Daily
    User Role: Administrator
    Company Size: 26 - 99
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Guarantees convenience and effortless operation"

    Posted 2022-12-21

    Pros: Intuitive interface, functionality, customizability, complete spending visibility, ability to manage separate budget for each department.

    Cons: I think Precoro should have iOS and Android applications.

    Overall: Streamlines procurement, granting effortless access to purchasing tracking and reporting. With intuitive navigation capabilities, Precoro allows us to track spending with all financial documents in one place.

    Read More...
  • Daniil K.
    Head of Growth
    Used the software for: 6-12 Months
    Frequency of Use: Weekly
    User Role: User
    Company Size: 26 - 99
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Complete transparency of purchasing process and cash flow"

    Posted 2022-10-21

    Pros: 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!

    Cons: No issues with it really, everything works as intended.

    Overall: Perfect match for our company and best Customer Support service! Looking forward to some new features they're releasing soon.

    Read More...
  • A Precoro User
    Marketing Manager
    Used the software for: 1-2 Years
    Frequency of Use: Weekly
    User Role: User
    Company Size: 100 - 499
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Automated 3-way matching process"

    Posted 2022-03-11

    Pros: We can create POs and add vendors to the database easily.

    Cons: Feeling great about the system, 100% satisfactory.

    Overall: The software is very useful and is designed very well. Great experience right from the start. Customer service guided us through the setup, which was much easier than we thought. The onboarding process took less than 2 weeks.

    Read More...
    Reply from Precoro
    Posted 2022-03-23
    Thank you a lot for sharing this! We're delighted to hear you have had a positive experience using our system.
  • Chelsie G.
    Financial Manager
    Used the software for: 1-2 Years
    Frequency of Use: Daily
    User Role: Administrator
    Company Size: 100 - 499
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Very Happy With Precoro"

    Edited 2020-12-17

    Pros: Precoro has a team of professionals, who are ready to help you any time you need. Only best recommendation for this product!

    Cons: As for us, Precoro works well and meets all requirements, so we don't have any problems or concerns.

    Overall: As for us, Precoro is a perfect all in one digital solution, that allows us to modernize our procurement process. It is very user-friendly and reliable, what is more, it will definitely save your time. We absolutely forgot about paperwork and enjoy our modern way to create new POs or requests.

    Read More...
    Reply from Precoro
    Posted 2021-12-10
    Chelsie, it’s great to hear that Precoro has met your company's needs and made your procurement processes easier. We're happy to hear you've had such a good experience with us!
  • A Precoro User
    Developer
    Used the software for: 6-12 Months
    Frequency of Use: Weekly
    User Role: User
    Company Size: 100 - 499
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Very good solution"

    Posted 2020-12-14

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

    Cons: Everything works perfect. Couldn't be happier with the software.

    Overall: Precoro allowed us to organize and control our procurement workflow. We totally forgot about manual paperwork. New software helps us keep track of all our purchases and make the companies budget transparent. I am extremely happy with this toll, because it helps us organize everything we need for the continuous work.

    Read More...
    Reply from Precoro
    Posted 2021-12-10
    Hi, Many thanks for such an amazing review. We appreciate it a lot, and we are super thrilled to hear that Precoro is helping you manage your work more efficiently!
  • A Precoro User
    Social Media Manager
    Used the software for: 1-2 Years
    Frequency of Use: Monthly
    User Role: Administrator
    Company Size: 500 - 999
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Powerful procurement software "

    Posted 2020-12-10

    Pros: As a global company, it's great to manage all our entities and countries in 1 tool. Clear interface and ease of use - were something we have been looking for

    Cons: Despite the good mobile version, it'll be great for the guys to have an app. Other features are perfect

    Overall: Clear interface and ease of use - were something we have been looking for. As a global company, it's great to manage all our entities and countries in 1 tool. Now it's super easy to convert requests into orders or create new purchase orders. Managing thousands of items in Precoro's catalog and integration with our accounting software is another superiority. With Precoro we go through different procurement processes from the budget planning to the final reporting.

    Read More...
    Reply from Precoro
    Posted 2021-12-10
    We’re so glad you’ve managed to reduce the number of services you use and have procurement processes centralized within Precoro for a smoother and easier workflow. We do understand the need for an app, so we have already started developing it. We’ll keep you in the loop. Meanwhile, our support team is always there to help!
  • Brian H.
    Account Manager
    Used the software for: 6-12 Months
    Frequency of Use: Weekly
    User Role: User
    Company Size: 500 - 999
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Good digital solution "

    Posted 2020-12-09

    Pros: Has a lot of useful features and works without any problems. Great software with very flexible approval routes.

    Cons: Nothing to complain about. Program works without bugs.

    Overall: I enjoy using this software weekly and I'm happy to get rid of manual paper work. Highly recommended!!

    Read More...
    Reply from Precoro
    Posted 2021-12-10
    Hi Brian! We’re glad to see that you are happy with Precoro. As you well know, we’re here for you 24/7 whenever you need any help or guidance!
  • Lee G.
    Sales Manager
    Used the software for: 1-2 Years
    Frequency of Use: Weekly
    User Role: User
    Company Size: 500 - 999
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Smart Software "

    Posted 2020-12-08

    Pros: Very smart software. Simple for both requestors and approvers. Sending orders to suppliers automatically is a power feature.

    Cons: We don't see any cons at Precoro. Everything works great

    Overall: With Precoro we found a perfect solution to simplify our procurement processes and improve the transparency of our costs.

    Read More...
    Reply from Precoro
    Posted 2021-12-10
    Hi Lee! It’s great to hear that Precoro has met your company's needs and made your procurement processes easier. Many thanks for your awesome feedback!
  • A Precoro User
    Project Manager
    Used the software for: 6-12 Months
    Frequency of Use: Daily
    User Role: User
    Company Size: 500 - 999
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Great product. "

    Posted 2020-12-04

    Pros: We love how the guys constantly add new feature to the product without additional cost. Great software with clean interface

    Cons: I wish search per item would be more intuitive and inside interface, not reports.

    Overall: Precoro is more than just a platform. It's a perfect solution for managing purchase requests and orders.

    Read More...
    Reply from Precoro
    Posted 2021-12-10
    It's great to hear that you enjoy using Precoro! Thank you for this brilliant review. Thank you for sharing these details with us. This feedback will help make the wanted changes become a reality.
  • A Precoro User
    Project Manager
    Used the software for: Less than 6 months
    Frequency of Use: Daily
    User Role: User
    Company Size: 100 - 499
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "Very useful tool"

    Edited 2020-12-03

    Pros: Precoro is easy to use and very intuitive software. This software allowed us to get away from the paper approval work.

    Cons: Аt first it was hard to get used to this software, but actually everything turned out to be much easier.

    Overall: Great software for financial management. The Precoro team helped us with any questions concerning installation and the first steps on our way.

    Read More...
    Reply from Precoro
    Posted 2021-12-10
    Hello, many thanks for your great review! Precoro can be adjusted to the requirements of any kind or size of business, you just need to configure it according to yours. You can always reach out to us should you require any help or answers to your questions! Our support team is always here for you.
  • Kate P.
    CEO
    Used the software for: 1-2 Years
    Frequency of Use: Weekly
    User Role: Administrator
    Company Size: 26 - 99
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "CEO"

    Posted 2020-11-27

    Pros: Very robust. As a director, I love how we can track the spends from all departments against the budgets, we didn't exceed any budget this year! Also approvals on the go are great - especially when everyone is working from home.

    Cons: Didn't find, support team is very responsive and can’t say nothing bad about the system.

    Overall: Awesome product for growing businesses, quick and accurate onboarding, great fit if you need something flexible, affordable and fast to implement.

    Read More...
    Reply from Precoro
    Posted 2021-12-10
    Dear Kate, we're delighted to read that Precoro makes running a business easier. Knowing that it allows you to save money and time for your company brings smiles to our faces. Thank you for being with us!
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