Precoro Reviews & Product Details - Page 5

Precoro Product Details

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 navigates budgets across locations and departments, manages expenses, and generates 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, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling. Precoro’s intuitive interface ensures painless onboarding without IT involvement. Customize, scale, and manage operations 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.

Product Website

Seller

Precoro

Discussions

Precoro Community

Languages Supported

German, English, French, Spanish

Product Description

Precoro is a Spend management solution that help companies control their spendings and generate savings it empowers businesses to manage direct and indirect company spending and streamline the purchasing process.

Overview by

Marina Marochko

Pricing

Pricing provided by Precoro.

Core

Starting at $499.00

Per Month

View More Pricing Information

Precoro Integrations

(12)

Verified by Precoro

Precoro Media

Monitor your spending progress and see what is left to do with the informative dashboard.

Precoro Demo - Purchase Order/Request Approval

Digitize and organize documents in one collaborative space. Track all purchasing activities across multiple projects and collaborate on the same documents from any device.

Set up budgets for each location, department, or project. Get full visibility over corporate spending. Visualize the overall spending status with progress bars and pie charts for future decisions.

Get insights into your business operations through visual analytics and detailed real-time reports.

Store suppliers' information in one place and collaborate with them directly via Precoro. Monitor the most profitable offers using an item catalog and never miss the best deals.

Choose any module combination you want to work with. Customize approval workflow, budgets, reports, and more. Make changes as you see fit.

Official Downloads

(3)

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How Tymit Increased Spend Visibility and Significantly Shortened the Month-End Close

How a Venture Capital Fund Manages Procurement for 11 Companies

How Capital City Eliminated Duplicate Payments with Precoro

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SS

Shlomit S.

Head of Accounting and Reporting

Mid-Market (51-1000 emp.)

6/3/2024

"A great P2P solution for any Company"

5/5

What do you like best about Precoro?

Streamlined process from request to PO to invoice to interface to ERP for payment.

Easily integrated into Oracle Netsuite

User friendly interface experience

Easy to build reports

Very responsive customer support. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

The system is a bit slow sometimes. Also, there are some recurring system bugs Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Hi Shlomit,

Thank you for your positive feedback! We’re glad to hear that the streamlined P2P process and integration with Netsuite have been valuable for your business. It's also great to know that our customer support team has been responsive to your needs.

We appreciate your input on system speed and recurring bugs. We’re continuously working to improve performance and fix any issues to provide an even smoother experience.

Thanks again for sharing your thoughts!

Best regards,

The Precoro Team

UC

Verified User in Construction

Small-Business (50 or fewer emp.)

2/20/2020

"Precoro experience"

4/5

What do you like best about Precoro?

Budget and approval workflow features in using precoro Review collected by and hosted on G2.com.

What do you dislike about Precoro?

DCC cant be deleted and the subscription price is a bit expensive Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Thank you for your kind review!

We're thrilled to hear that the budget and approval workflow features are making a positive impact on your procurement process.

We're continuously working on its improvement, and our goal is to create a guided requisition process that minimizes mistakes and friction for requesters.

We’re always looking for ways to improve, and your feedback plays an important role in that.

Our team isn’t just a software provider — we really take the time to understand the unique needs of procurement specialists so we can offer the best support possible. We're thrilled to have been able to help you, and we can't wait to keep supporting you with your spending management needs!

Best regards,

The Precoro Team

UE

Verified User in Electrical/Electronic Manufacturing

Mid-Market (51-1000 emp.)

5/21/2024

"Streamlined our Requisitions and Po's"

4.5/5

What do you like best about Precoro?

The best feature for me is that we have full transparency for Req, PO, Receipt and Invoice. IS has streamlined our job tremendously. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

When using Precoro on Mobile it is not designed for that and can cause some annoyance but looking forward to when app is released. Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Hi!

Thank you for your feedback! We're glad to hear that Precoro has streamlined your key purchasing stages. We’re also working on improving the mobile experience and look forward to releasing the updated app soon.

Thanks again for sharing!

Best regards,

The Precoro Team

TY

Teuku Y.

VP Head of Procurement

Mid-Market (51-1000 emp.)

6/19/2024

"Precoro a helpfull system automation & help us to gain around 15% cost optimization"

5/5

What do you like best about Precoro?

easy adjustable approval flow and hand on support team Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Strategical review for commodities and spend Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Hi Teuku,

Thank you for sharing your feedback!

We’re glad to hear that Precoro has helped you optimize your purchasing process and achieve significant savings.

We appreciate your insights and are committed to delivering even more value as we continue to enhance the platform!

Great to have you onboard!

Best regards,

The Precoro Team

UO

Verified User in Oil & Energy

Mid-Market (51-1000 emp.)

4/11/2024

"Very Easy to use. It enables me to view and approve items with navigation to only one or two places."

4.5/5

What do you like best about Precoro?

Ease of use; able to provide information required to approve a task succintly Review collected by and hosted on G2.com.

What do you dislike about Precoro?

I thin the email notifying people that they have items to complete could be presented a bit more professionally. Currently, it could be easily mistake for spam Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Thank you for sharing your feedback! We're happy to hear that Precoro is helping simplify your approval process and providing better visibility into your expenses. We appreciate your suggestion regarding the email notifications and will continue working on improving the user experience.

Best regards,

The Precoro Team

FR

fernando r.

Enterprise (> 1000 emp.)

5/15/2024

"Very easy to use"

5/5

What do you like best about Precoro?

How easy it is to use when ordering needed supplies. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

hard making special orders becuase we have to screen shot Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Thank you for sharing your feedback, Fernando! We're happy to hear that Precoro has made ordering supplies easier for you. We also appreciate your input about special orders and will look into ways to improve that process in the future. Your insights are invaluable in helping us enhance the platform!

Kind regards,

The Precoro Team

PN

Patrick N.

Mid-Market (51-1000 emp.)

5/20/2024

"Precoro is very efficient"

5/5

What do you like best about Precoro?

Precoro have maximise my efficecy on my inventory work. it has proven to be more resoursful Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Nothing, every featuers you introduce is impactful Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Thank you for your feedback, Patrick!

We're so glad to hear that Precoro has helped maximize your efficiency, especially with inventory management. It’s great to know that the features we’ve introduced have had a positive impact on your work. We’ll continue to focus on providing tools that bring value to your processes!

Best regards,

The Precoro Team

WG

Warren G.

Property Systems Officer

Mid-Market (51-1000 emp.)

8/16/2023

"Precoro Review"

5/5

What do you like best about Precoro?

From an Admin & Organisational roll out standpoint we've found Precoro has a really simple interface, very flexible for team needs, which makes customisation very easy, it has fast and efficient functionality & extremely attentive & knowledgeable staff Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Haven't been using it long but after a few months there is pretty much zero negativity & or issues that haven't been addressed and or solved with ease, all good at the outset tbh. Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Hi Warren, thanks a lot for your awesome review!

We're super excited to hear that our platform has made your procurement processes more efficient and less stressful by eliminating manual tasks and paperwork. Your feedback really means a lot to us and it inspires us to keep giving outstanding service.

SA

Sara A.

Head of People

Mid-Market (51-1000 emp.)

6/30/2023

"Precoro is an amazing tool to manage budget and purchase approval!"

5/5

What do you like best about Precoro?

Precoro helped us centralize and automate purchase requesting, approvals, etc., as well as centralize information about each area budget and its status. The level of customization and information it allows us to input is amazing and we are really happy about having implemented Precoro and using it! Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Sometimes too much customization can be overwhelming - but it's hardly a "dislike", is more of a "make sure you get the necessary training!".

Also, the approval system can be improved, but I have little visibility if it's Precoro's limitation or the way the company set it up. Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Hi Sara!

This is an amazing review, thank you!

We’re so pleased to hear that Precoro has met most of your needs and made your work life easier!

You're right, 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.

AC

Angelina C.

Mid-Market (51-1000 emp.)

5/20/2023

"A very convenient option for businesses"

5/5

What do you like best about Precoro?

Precoro has been great to work with, although it took some time to adjust. There's definitely room for improvement as with everything but there's a lot of thought out into all the features. Making an order is very easy since everything is consolidated! Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Something that is really important for my job is making receipts on my purchase orders, and I usually make them for multiple at a time. The only downside I'm experiencing is that when I make a receipt and I submit it, I'm taken back to my previously made receipts rather than all my other purchase orders that need receipts. It seems like a small thing but it makes the process a bit longer and repetitive because I have to keep pressing create receipt. Other than that piece of feedback, I'd recommend Precoro!! Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

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Hi Angelina,

Thank you very much for your excellent review! We are thrilled to hear that you have enjoyed using our product and we are grateful for your loyalty. Your satisfaction is our top priority and we are committed to continually improving and providing you with the best experience possible.

Glad to have you on board with us!