Precoro vs. ProcurementExpress.com

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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)
ProcurementExpress.com
Score 10.0 out of 10
Mid-Size Companies (51-1,000 employees)
ProcurementExpress.com is designed for small to medium-sized companies to gain full control of purchasing. Team members raise requests against specific pre-defined budgets. Managers approve, decline, or comment on requests - straight from their inbox. Once approved, team members can purchase the requested item and attach all relevant documents for easy reporting and auditing. An iOS and Android app is included free of charge. 24/5 online chat support . A "full view" dashboard…
$30
per user, per month
Pricing
PrecoroProcurementExpress.com
Editions & Modules
Core
$499
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
Simple plan
$30.00
per user, per month
Offerings
Pricing Offerings
PrecoroProcurementExpress.com
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
PrecoroProcurementExpress.com
Considered Both Products
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
ProcurementExpress.com
Chose ProcurementExpress.com
We did not have a program before this. I was not a part of the purchasing decision for this program. The setup in QuickBooks that we could have used was not as functionally useful as ProcurementExpress.com for our purposes, according to the team that did purchase the software.
Chose ProcurementExpress.com
We honestly haven't tried any other products. ProcurementExpress fulfilled our needs.
Chose ProcurementExpress.com
They are very easy to use together, as Procurement is just a tab click away while I'm working in the other program.
Chose ProcurementExpress.com
I was not the person to select ProcurementExpress but my company has been using it for all 5 years I have been here. We all love it and find it very easy to use and navigate. All 250 plus people use it and use it very often as we order on our own.
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PrecoroProcurementExpress.com
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Esker
Esker
Score 10.0 out of 10
Precoro
Precoro
Score 2.8 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 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
PrecoroProcurementExpress.com
Likelihood to Recommend
9.6
(0 ratings)
5.5
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(0 ratings)
Usability
7.3
(0 ratings)
-
(0 ratings)
Support Rating
9.1
(0 ratings)
8.8
(0 ratings)
User Testimonials
PrecoroProcurementExpress.com
Likelihood to Recommend
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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It's suited for SMEs looking to organize their purchasing process even in the absence of an in-house finance dept where people have a degree of autonomy in decision making on purchases Getting approvals can be slow at times, so if you have a very hierarchical company and the boss is never around to approve things, this will slow things down.
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Pros
  • 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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  • The software is extremely easy to use and since I was a first time user I was able to load my PO's easily.
  • There are not a lot of things you need to go through before being able to work on the platform which makes it simple to use.
  • It saves me a lot of time by tracking my spent/income without me having to do any major calculations - Very accurate!
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Cons
  • 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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  • Creating reports.
  • Have options on the input section with more details.
  • Exclude the remaining budget section of the email sent with PDF of PO.
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Usability
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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No answers on this topic
Support Rating
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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Great program for any small business in my opinion. I use it daily and recommend it for anyone who is having trouble with keeping track of outgoing purchase money. They make it easy for someone like me who is busy on all ends to have one less thing to worry about running a company.
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Alternatives Considered
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
We did not have a program before this. I was not a part of the purchasing decision for this program. The setup in QuickBooks that we could have used was not as functionally useful as ProcurementExpress.com for our purposes, according to the team that did purchase the software.
Read full review
Return on Investment
  • 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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  • I think our CEO will be able to provide a good answer to this.
  • As a Creative Director, I focus on simply keeping projects on a budget, in an effective way.
Read full review
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

ProcurementExpress.com Screenshots

Screenshot of Share purchase orders easily to colleagues and suppliersScreenshot of View PO history on demand.Screenshot of Get a brief overview of your company purchasing on a dashboard.Screenshot of Works great on all your devices - desktop, mobile and tablet.Screenshot of Easily share purchase orders with colleagues.Screenshot of Create purchase requests on the fly - even when you are out of coverage!