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Precoro

Claimed
Tekpon Score
8.1

Precoro Reviews

& Product Details

What is Precoro?

Precoro is a cloud-based procurement software designed to centralize and automate purchasing processes for organizations of all sizes. By unifying procurement operations, it eliminates manual tasks, prevents unauthorized spending, and facilitates cost savings.

Users can manage purchase requisitions, approvals, purchase orders, and invoices within a single platform, ensuring full visibility and control over company spending.

Key features of Precoro include customizable approval workflows, real-time tracking of procurement documents, and AI-powered Optical Character Recognition (OCR) for efficient data entry.

The platform also offers supplier management tools, allowing businesses to build stronger relationships with vendors and store contracts centrally. Additionally, Precoro provides budget management capabilities, enabling users to monitor expenditures across departments and identify cost-saving opportunities.

Precoro seamlessly integrates with popular ERP and accounting systems such as NetSuite, QuickBooks Online, Xero, and Sage, as well as offering a free API for custom connections. This ensures smooth data synchronization and eliminates duplicate payments. The platform’s intuitive interface allows for onboarding in under six weeks without IT involvement, and users receive ongoing support from a dedicated Customer Success Manager.

To safeguard sensitive data, Precoro employs Single Sign-On (SSO), two-factor authentication, and complies with privacy regulations like GDPR and CCPA.

Best For

All-In-One Procurement Software For SMBs and Enterprises
  • StartUps
  • Freelancers
  • Small Business
  • Medium Business
  • Large Enterprise
  • Non-profit Organization
  • Personal
  • Cloud, SaaS, Web-Based
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Company Name

    Precoro, Inc

  • Located In

    United States

  • Website

    precoro.com

Starting from:

$499 /month, billed annually

Pricing Model: Subscription

  • Free Trial
  • Free Version

Pricing Details:

Precoro offers three pricing plans: Core, starting at $499/month, includes advanced procurement features and integrations; Automation, at $999/month, adds AI-driven automation, real-time budget tracking, and more; Enterprise, with custom pricing, provides unlimited users, ERP integrations, and enhanced security.

  • Approval Process Control
  • Access Controls/Permissions
  • Activity Dashboard
  • Activity Tracking
  • API
  • Approval Workflow
  • Audit Management
  • Bank Reconciliation
  • Billing & Invoicing
  • Billing Portal
  • Budgeting/Forecasting
  • Collaboration Tools
  • Compliance Management
  • Customizable Fields
  • Customizable Templates
  • Data Import/Export
  • Document Management
  • Duplicate Payment Alert
  • Expense Tracking
  • Financial Analysis
  • Invoice History
  • General Ledger
  • Invoice Management
  • Invoice Processing
  • Mobile Access
  • Multi-Currency
  • PO Reconciliation
  • Procurement Management
  • Purchasing & Receiving
  • Purchase Order Management
  • Real Time Reporting
  • Receipt Management
  • Recurring Payments
  • Reimbursement Management
  • Reporting/Analytics
  • Spend Management
  • Status Tracking
  • Third-Party Integrations
  • Time & Expense Tracking
  • User Management
  • Vendor Management
  • Workflow Management
  • Artificial Intelligence (AI)

Additional Features

  • Accounting Integration
  • Ad hoc Reporting
  • Alerts/Notifications
  • Budget Control
  • Budget Management
  • Cataloging/Categorization
  • Categorization/Grouping
  • Compliance Tracking
  • Configurable Workflow
  • Contract Lifecycle Management
  • Contract/License Management
  • Dashboard Creation
  • Data Visualization
  • Disclosure Management
  • Document Storage
  • Emission Calculations
  • Emissions Management
  • Emissions Monitoring
  • Environmental Compliance
  • Environmental Metrics
  • Expense Claims
  • Expense Management
  • Financial Reporting
  • Forecasting
  • Import/Export Management
  • Integration Management
  • Inventory Control
  • Inventory Management
  • KPI Monitoring
  • Multi-Department/Project
  • Multi-Location
  • Onboarding
  • Order Fulfillment
  • Order Tracking
  • Project Management
  • Purchasing Reports
  • Quotes/Estimates
  • Real-Time Analytics
  • Real-Time Data
  • Real-Time Monitoring
  • Real-Time Notifications
  • Real-Time Updates
  • Receiving
  • Reminders
  • Reporting & Statistics
  • Requisition Management
  • Returns Management
  • RFP Creation
  • Rules-Based Workflow
  • Search/Filter
  • Sourcing Management
  • Spend Analysis
  • Spend Control
  • Stakeholder Engagement
  • Supplier Management
  • Supply Chain Management
  • Sustainability Management
  • Vendor Master Data Management
  • Visual Analytics
  • Warehouse Management
  • Microsoft Power BI

    Business Intelligence Software

  • Sage Intacct

    Accounting Software

  • Xero

    Accounting Software

  • Dynamics 365

    CRM Software

  • NetSuite

    CRM Software

  • Slack

    Team Collaboration Software

  • QuickBooks Online

    Accounting Software

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