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About Precoro
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.
* 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.
* Precoro mobile app. Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand.
Precoro pricing
Precoro does not have a free version but does offer a free trial. Precoro paid version starts at US$249.00/month.
Starting Price:
US$249.00/month
See pricing details
Free Version:
No
Free trial:
Yes
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Precoro Reviews
Feature rating
5 reviews of 223
View all reviews
Viktor
- Industry: Information Technology & Services
- Company size: 51–200 Employees
- Used Daily for 1+ year
-
Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5
5
Reviewed on 21/4/2021
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.
Response from Precoro
Viktor, thank you a lot for this feedback. It's an immense pleasure for Precoro to hear that you can rely on us, and we help simplify your purchasing processes. We make updates each month and consider customers' wishes.
Replied 19/5/2021
Robin
- Industry: Hospital & Health Care
- Company size: 501–1,000 Employees
- Used Daily for 1-5 months
-
Review Source
Value for Money
0
Features
4
Ease of Use
5
Customer Support
0
4
Reviewed on 22/8/2022
Precoro Makes Purchasing Easy
In the short time we have been using Precoro, we have been quite satisfied. Going from a manual process to an online, streamlined process with Precoro has been quick and smooth. The Note and Link options within Precoro have been invaluable in communicating internally so that everyone has full disclosure and gets what they need in a timely fashion.
Pros
The software is very user friendly by providing at-a-glance statistics, a dashboard to reach the different modules without hassle, and makes it easy for even the most non tech savvy person to understand. We so appreciate the option to make recurring purchase orders in Precoro to save the Purchasing team valuable time and the ease of the RFP process. So far our support staff and clinical team has adapted quite nicely to Precoro with no major issues and are pleased to be able to track the status of their requests without contacting the Purchasing team and taking them off task to find and research orders.
Cons
The least favorite feature for our Purchasing team is the inability to print a range of purchase orders simultaneously. That option would save extra time, but the speed of downloading the PDF files is quicker than our last platform.
Response from Precoro
Hi Robin!
Thanks for taking the time to write such a detailed review! We're thrilled to have you with us and even more so to hear that you're happy with Precoro!
We're taking all your points into consideration for future upgrades. Feel free to contact support at any time with more suggestions. It will help make Precoro better for users as quickly as possible!
Replied 29/8/2022
Joe
- Industry: Sporting Goods
- Company size: 11–50 Employees
- Used Daily for 6-12 months
-
Review Source
Value for Money
0
Features
3
Ease of Use
4
Customer Support
5
4
Reviewed on 1/9/2021
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.
Response from Precoro
Joe, thanks for taking the time to write such a detailed review! You're absolutely right regarding these features. We continuously aim to offer our users the best possible sourcing and procurement functionality. Therefore, we passed on your review to our product team.
Replied 10/12/2021
Stephanie
- Industry: Nonprofit Organisation Management
- Company size: 201–500 Employees
- Used Daily for 2+ years
-
Review Source
Value for Money
5
Features
4
Ease of Use
5
Customer Support
5
5
Reviewed on 6/6/2024
Excellent Platform for Non-profits
Pros
As a non-profit, we needed something functional, user friendly and cost effective. Precoro has changed the way we operate. We have a very complex multi-company set-up and Precoro has helped us to better organize and manage the purchase order process and tracking approvals. I would highly recommend to any non-profit. The customer service has also been beyond amazing.
Cons
Not so much of a con but more of a wish list item. Because we do have a complex set-up, I would like to see a multi-level workflow. Precoro has been great at listening to my suggestions over the years and we have worked closely together. Other than that, I have nothing bad to say.
Response from Precoro
Hi, Stephanie! Thank you for your kind words! We’re thrilled to hear that Precoro has been a great fit for your team, helping you organize and manage your purchase order process effectively. It’s wonderful to know that our platform and customer service have met your needs.
We appreciate your suggestion about a multi-level workflow and are glad to hear that our team has been responsive to your feedback. We’ll take your request into consideration as we continue to improve. If you have any other needs or questions, don’t hesitate to reach out!
Replied 13/9/2024
Krishna
- Industry: Hospital & Health Care
- Company size: 5,001–10,000 Employees
- Used Weekly for 1+ year
-
Review Source
Value for Money
5
Features
4
Ease of Use
4
Customer Support
5
4
Reviewed on 6/3/2023
Superb tool for controlling purchases and expenses
The solution is more efficient than manual tracking methods and has helped us to significantly boost our output. It's simple to learn and its cost is low enough that even a startup like ours can afford it.
Pros
Our company uses Precoro as its procurement system to streamline the formerly manual processes involved in the purchasing process. The company's whole procurement cycle can be managed at the departmental or regional level with the help of this program.
Cons
Since the PR's accompanying documents and comments did not make it through to the PO, we will need to retype them and attach the documents once again.
Response from Precoro
Hi Krishna,
Very glad to hear about satisfying all your needs with our system!
We're taking all your points into consideration for future upgrades. Feel free to contact support at any time with more suggestions. It will help make Precoro better for users as quickly as possible.
Thank you for your awesome feedback!
Replied 10/3/2023
