Compare Claritum and Precoro - Sep 2022

Shlomi Lavi

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Bottom Line: Which is Better - Claritum or Precoro?

Claritum is more expensive to implement (TCO) than Precoro, and Precoro is rated higher (88/100) than Claritum (80/100). Claritum offers users more features (8) 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:

Claritum Vs. Precoro

Claritum: Claritum helps some of the world’s largest enterprises, leading businesses and fastest-growing service providers control their complex expenditure. We’ve been doing it since 2002 and you know what? We love it! Over 90,000 users in 28 countries rely on us to deliver significant and measurable savings for their complex spends. Software as a Servic...

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? Claritum 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 Claritum and Precoro.

Claritum accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Claritum is rated 2, which is much 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: Claritum cost is around the same cost of Precoro.

Which software includes more/better features?

We've compared Claritum Vs. Precoro based on some of the most important and required Procurement features.

Claritum: Supplier Management, Shipping, Vendor Bidding, Vendor Maintained Profiles, Vendor Performance Rating, Order Fulfillment, Content Management, Inventory Management.

Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management.

Target customer size

Customers of the software include small and medium businesses as well as large enterprises. and Precoro's target customer size include: Small, medium and large size businesses.