Precoro

Precoro

Serchen Index

77.91
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What is Precoro?

Precoro is a cloud-based solution for procurement centralization & automation. It unifies your procurement operations, eliminates manual work, prevents maverick spend and drives savings — faster than you think. Save 5% of every dollar spent by centralizing procurement data, identifying cost-saving opportunities, and eliminating duplicated payments.

  • Procurement: Build stronger relationships with suppliers, store contracts, and simplify requests for employees. Gain full visibility into spending, manage POs, orchestrate approval routings, and collaborate with suppliers in one tool.

  • AP Automation: Save time at each stage of invoice processing with AP inbox, AI-powered OCR, approval workflow, 3-way matching, reporting, integrations, and budget control.

  • Spend Management: Seamlessly navigate budgets across locations and departments, manage expenses, and generate reports for insightful analysis. Monitor budget usage to leverage data-driven insights that enhance business profitability.

  • Supplier Management: Automate vendor onboarding and approval to mitigate possible risks. Utilize a supplier portal for efficient communication and manage supplier information in a centralized repository.

  • Connect Precoro with ERP systems and business tools like NetSuite, QuickBooks Online, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling.

Precoro’s intuitive interface ensures onboarding in under 6 weeks - without IT involvement. Customize, scale, and manage with ongoing support from your dedicated Customer Success Manager (CSM). Keep all your data secure with SSO and reliable 2-factor authentication. Our privacy compliance program aligns with the General Data Protection Regulation and the California Consumer Privacy Act. Moreover, Precoro is SOC 2 Type II compliant, ensuring the utmost protection for all your sensitive data.

What is Precoro?


Precoro Product Details

Three problems are solved with Precoro: - Manual work with papers, Google Docs, Slack messages, emails, etc.; - Losing money due to overbudgeting; - Time is spent inefficiently due to human mistakes.

The results you get with Precoro: - eliminate paper documents, Excel, email records and all the manual work.; - streamline approvals, get purchases faster to do your job in the best way. - save a ton of money while sticking to budgets.


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Precoro Reviews

5.0

Excellent!

139 Reviews

Last reviewed on
29 September 2023

What do you think?

Help other software buyers make informed decisions.

Thursday, September 28, 2023

Simple and functional

Pros
Using Precoro has made the purchasing/approval process easier for me and the rest of the staff.
Cons
There are no major cons as of yet. We will get a better overview of the system within the next few months.
Comments (Benefits)
The overall experience is a positive one.

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Monday, September 18, 2023

How about Precoro

Pros
Es un software excelente,el soporte al cliente es bueno,ayuda mucho a acelerar los procesos de gestion de compras de la empresa exponencialmente ya que es muy organizado y sencillo en lo que ofrece,lo da y lo cumple sin problemas.
Cons
Al principio puede ser algo difícil adaptarse y aprender a usarlo pero gracias a su buen soporte técnico hace de la experiencia algo mas llevadero y digerible para quedarse con el producto.
Comments (Benefits)
Es excelente, ayuda a controlar los grandes movimientos de dinero y ayuda mucho a ahorrar que es lo que necesita y quiere cualquier empresa.

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Wednesday, September 13, 2023

Precoro... a great financial tool!

Pros
The ease of use and the reports that are produced.
Cons
Occasional failures in access, and in the data boxes.
Comments (Benefits)
Excellent tool for the management of Purchase Orders and Invoices.

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Thursday, June 29, 2023

Friendly user friendly and professional software (Precoro from Poland)

Pros
The best part was the customer service. People from Precoro were too professional and equally patient in answering to all our minor to major questions, even if we kept asking the same question again and again for perfection, they kept smiling all the way through until our whole team learnt Precoro by 100%.
Cons
In certain areas, we cannot customize few things as per our company standards like putting our electronic signatures (similar to DocuSign), there were many unused or not needed fields as per middle eastern pattern.
Comments (Benefits)
Good, Excellent highly recommended software

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Monday, June 26, 2023

Happy with Precoro.

Pros
friendly and easy to use. Over all, I'm very happy with the system.
Cons
Sometimes the system is slow. Over all I'm very happy with the system.

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Monday, June 19, 2023

Finance officer

Pros
User friendly and easy to use and navigate. Information and documents are easy to retrieve. Saves alot of time. I love the feature which allows you to customize your own reports. Support is great and we receive quick feedback on queries. Approval workflow is very evident that promotes ownership and control.
Cons
So far i have not had any issues. I am happy with the product.

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Friday, June 16, 2023

Review for Precoro

Pros
- The ability of us users to create and update reports for our usage is very helpful- Its easy to use precoro, the set up is easy to understand and follow through activities. Does not exactly require additional technical expertise to use the system. - The graphical analyses assists in analyses, costs and effectiveness and efficiency of procurement processes.
Cons
- The system does not value inventory so not good for inventory management. This also proves the system not suitable for stock replenishment.
Comments (Benefits)
- Provides the plaform to control procurement workflow. Initially LPO were just done anyhow without control and access to review the need to purchase something or not.

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Wednesday, June 14, 2023

Jan Ella Gonzales Precoro Review

Pros
It is a very user-friendly system and the support team is very responsive.
Cons
All features are accessed online which is a disadvantage on our part which has a poor geographical set-up for the internet access.

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Monday, June 12, 2023

User Friendly System

Pros
Ease of use. Functionalities are useful and easy to understand. Site can easily be navigated.
Cons
None that I know of. I am satisfied with the system.
Comments (Benefits)
I am happy using this system.

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Monday, June 12, 2023

One of the good application for small scale business

Pros
Easy and straight forward application settings
Cons
Few bugs relating to invoice posting, where VAT missed when migrated to Quickbooks
Comments (Benefits)
Precoro is great for a small scale business to track of every order by supplier, P.O. they are also integrated with Quickbooks but have some bus issues sometimes like missing of VAT when migrated to Quickbooks. They also provide a variety of reports for month end purposes. Plus, we can design a manual report based on one's needs.

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