MileageWise vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
MileageWise
Score 10.0 out of 10
Mid-Size Companies (51-1,000 employees)
MileageWise is a Web Dashboard and Mobile App solution for creating IRS-Proof Mileage logs. By entering trips to the Web Dashboard or automatically logging miles with the Mobile App users can create IRS-Proof mileage logs even Retrospectively in, according to the vendor, 7 minutes a month. Users can improve already existing Mileage logs by importing them into the Web Dashboard, as the software monitors 70 logical conflicts when processing and correcting a Mileage log to ensure that the…
$6.99
per month vehicle
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
MileageWisePrecoro
Editions & Modules
Small Business (Only For Ongoing Tracking)
$6.99
per month vehicle
Prepaid Mileage Log Audit Defense
$49.99
per year vehicle
Bronze Package (Retrospective + Ongoing)
$199.99
per year vehicle
Silver Package (Retrospective + Ongoing)
$319.99
for 2 chosen years vehicle
Gold Package (Retrospective + Ongoing)
$399.99
for 3 chosen years vehicle
Concierge (Retrospective Mileage Log Preparation Service, No Tracking)
$623.99
for 1 chosen year vehicle
Core
$499
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
Offerings
Pricing Offerings
MileageWisePrecoro
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
Community Pulse
MileageWisePrecoro
Considered Both Products
MileageWise
Chose MileageWise
MileageWise is just so much more up-to-date than MileIQ. IQ hasn't done a major update for a couple of years (or at least it feels like it), whereas MileageWise is always improving their product. You need to update the app every second week(ish), but it's always worth it, …
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
Features
MileageWisePrecoro
Expense Management
Comparison of Expense Management features of Product A and Product B
MileageWise
9.0
Ratings
5% above category average
Precoro
-
Ratings
Employee Expense Reporting9.00 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
MileageWise
6.8
Ratings
19% below category average
Precoro
-
Ratings
Customizable Approval Policies9.00 Ratings00 Ratings
Financial Document Management10.00 Ratings00 Ratings
Payment Audit Trail5.00 Ratings00 Ratings
Advanced OCR3.00 Ratings00 Ratings
Best Alternatives
MileageWisePrecoro
Small Businesses
Dext
Dext
Score 9.8 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Precoro
Precoro
Score 2.8 out of 10
Esker
Esker
Score 10.0 out of 10
Enterprises
Emburse Chrome River
Emburse Chrome River
Score 9.2 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
MileageWisePrecoro
Likelihood to Recommend
10.0
(0 ratings)
9.6
(0 ratings)
Usability
-
(0 ratings)
7.3
(0 ratings)
Support Rating
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
MileageWisePrecoro
Likelihood to Recommend
It's well suited during every-day business trips and personal trips, too. These are the scenarios that our company usually use the app for - tracking business miles. It can be used for non-business mile tracking as well, but honestly I haven't tried it for regular, non-business purposes. I guess less appropriate scenarios in this case are when someone's not driving a car.
Read full review
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
  • intuitive user interface
  • retrospectively adjustable mileage log
  • automatic trip classification
Read full review
  • 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
  • swipe function for left and right swiping
  • credit card integration
  • integration with QuickBooks
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  • 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.
Read full review
Alternatives Considered
MileageWise is just so much more up-to-date than MileIQ. IQ hasn't done a major update for a couple of years (or at least it feels like it), whereas MileageWise is always improving their product. You need to update the app every second week(ish), but it's always worth it, there's always something new coming up on their end.
Read full review
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.
Read full review
Return on Investment
  • bigger tax savings
  • saved a lot of time for our company
  • made it easier for us to claim mileage taxes
Read full review
  • 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

MileageWise Screenshots

Screenshot of IRS Audits? MileageWise can help.Screenshot of Automatic Mileage TrackingScreenshot of Tax SavingsScreenshot of Automatic Trip ClassificationScreenshot of Daily JourneyScreenshot of Manual Trip Addition Retrospectively (or Ongoing)

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