Float Corporate Cards and Spend Management vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Float Corporate Cards and Spend Management
Score 10.0 out of 10
N/A
Float is a spend management solution for Canadian businesses, bringing together a corporate card and spend management software. Users can review transactions as they happen, instead of waiting for employee-submitted expense reports. And Float provides automated receipt collection and matching.N/A
Precoro
Score 2.8 out of 10
Mid-Size Companies (51-1,000 employees)
Precoro is a cloud-based solution for procurement process optimization. It aims to eliminate time-consuming manual procedures and human factor errors, and instead automates operations and centralizes purchasing processes. It enables users to: - Approve documents from any device using email or Slack notifications. Users can streamline approval workflow by adding as many steps as needed and assigning specific roles for colleagues. - To save money from the purchasing budget,…
$499
per month (billed annually)
Pricing
Float Corporate Cards and Spend ManagementPrecoro
Editions & Modules
No answers on this topic
Core
$499
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
Offerings
Pricing Offerings
Float Corporate Cards and Spend ManagementPrecoro
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Float Corporate Cards and Spend ManagementPrecoro
Considered Both Products
Float Corporate Cards and Spend Management

No answer on this topic

Precoro
Chose Precoro
  • 14-day free trial.
  • The complete covering procurement cycle.
  • Handy spending visuals.
Chose Precoro
Best value for money, simple interface, custom fields, awesome sales and SCM team.
Chose Precoro
Cost-efficiency Intuitive for all employees Fast onboarding Unlimited custom fields Free trial Reliable Customer Support
Chose Precoro
Precoro is unique because it can be customizable from start to finish without needing to build in API. It is extremely easy to use and understand, so we did not need to give our employees extensive training as we did with Tradogram. Precoro also allowed us to communicate about …
Chose Precoro
Precoro is much easier to use and faster to implement than SAP Ariba, Coupa, or Oracle. It offers the right features without the complexity or high cost, helping us improve efficiency and control spend quickly.
Chose Precoro
To be honest, they were just more friendly
Best Alternatives
Float Corporate Cards and Spend ManagementPrecoro
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BILL Spend & Expense
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Score 8.9 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Lola.com
Lola.com
Score 8.0 out of 10
Esker
Esker
Score 10.0 out of 10
Enterprises
GEP SMART
GEP SMART
Score 7.3 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Float Corporate Cards and Spend ManagementPrecoro
Likelihood to Recommend
-
(0 ratings)
9.6
(0 ratings)
Usability
-
(0 ratings)
7.3
(0 ratings)
Support Rating
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
Float Corporate Cards and Spend ManagementPrecoro
Likelihood to Recommend
No answers on this topic
Budget tracking on expenditure by departments - Precoro assists with budget tracking on the total budget which is allocated to each department. If the budget has been exhausted an alert is made for exceptional approval to the budget.
Duplication of invoices. When a supplier bills us the same invoice twice, Precoro makes a notification that an invoice with the same number was already uploaded for payment.
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Pros
No answers on this topic
  • Easy tracking of purchase orders with real-time status updates
  • 3-way matching of POs, invoices, and receipts to avoid errors
  • Built-in commenting to discuss requests and approvals right in the system
  • Responsive customer support with live chat — always helpful
  • Visual budgeting tools to track spending by department or project
  • Product catalog to standardize items across the company
  • Mobile-friendly approvals — approve requests from anywhere
  • Timely email and in-app notifications to avoid delays
  • Easy-to-use interface — no steep learning curve
  • Smooth onboarding and quick team adoption
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Cons
No answers on this topic
  • The "bundles" in Precoro are not actually bundles. I would like to connect 2 of our catalog items together so that when 1 is selected for purchasing, the other item is required
  • Sometimes the comments wont properly tag a person that we're trying to tag
  • More options to customize the approval workflow based on location
  • Ability to edit where we're buying an item from without having to deny the request
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Usability
No answers on this topic
At first glance it seemed to be rather difficult in use, but actually it turned out to be much easier [than] we thought. Thanks to the Precoro team we could go through the procurement workflow. Now with [the] right, user-friendly software partner, we are absolutely ready to meet all [our] company's needs.
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Support Rating
No answers on this topic
Precoro is a company, which makes great products for businesses. What is more, it is a team of professionals, who are always keep[ing] in touch with you. Thanks [to] Precoro, we easily go through procurement workflow and manage all of our POs in a couple of minutes. We had a great experience with the Precoro team which helped us with installation of the software.
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Alternatives Considered
No answers on this topic
Precoro is unique because it can be customizable from start to finish without needing to build in API. It is extremely easy to use and understand, so we did not need to give our employees extensive training as we did with Tradogram. Precoro also allowed us to communicate about orders right within the order itself, where the other software did not.
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Return on Investment
No answers on this topic
  • Our problem before implementing Precoro was a lot of manual tasks, from managing catalogs to creating reports. Now all related processes are in one place, and it's faster to create a purchase order, track it, and get products in time. Also, the overall visibility increased. We can see all purchases and their impacts on our budget. Reports is the most customizable module, so we can get the data we need. Thanks to our CSM for fast onboarding and help!
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ScreenShots

Precoro Screenshots

Screenshot of AI-powered OCRScreenshot of the view of the Purchase Order: approval information, live budget information, and Supplier infoScreenshot of the configuration interfaceScreenshot of a view of the dashboardScreenshot of budgetsScreenshot of the item catalog