Shlomi Lavi /
Jun 07, 2022
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Bottom Line: Which is Better - Ariba Contract or Precoro?
Ariba Contract is more expensive to implement (TCO) than Precoro, and Precoro is rated higher (88/100) than Ariba Contract (77/100). Ariba Contract offers users more features (13) than Precoro (6).
Looking for the right Procurement solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:
Ariba Vs. Precoro
Ariba: Ariba is an SAP company. Every day, we help our customers find opportunities to cut costs, reduce risk, and grow revenue through better collaboration with trading partners. We enable that collaboration through the Ariba Network — a cloud-based community where you’ll find buying, selling, and managing cash to be as easy as using Amazon, eBay, and Pa...
Precoro: Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform.
Who is more expensive? Ariba Contract or Precoro?
The real total cost of ownership (TCO) of Procurement software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Ariba Contract and Precoro.
Ariba Contract price starts at $8,000 per license , On a scale between 1 to 10 Ariba Contract Management is rated 4, which is lower than the average cost of Procurement software. Precoro price starts at $35 per user/month , When comparing Precoro to its competitors, the software is rated 2 - much lower than the average Procurement software cost.
Bottom line: Ariba Contract is more expensive than Precoro.
Which software includes more/better features?
We've compared Ariba Contract Vs. Precoro based on some of the most important and required Procurement features.
Ariba Contract: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Audit Trail, Clause Libraries, Configurable Reports, Contract Compliance, Contract Modifications, Contract Renewals, Customizable Alerts, Dashboard.
Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management.
Target customer size
Ariba Contract's typical customers include: Start up, Small business, Medium business, Large business, and Precoro's target customer size include: Small, medium and large size businesses.