Shlomi Lavi /
Jun 07, 2022
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Bottom Line: Which is Better - Coupa E-Procurement or Precoro?
Coupa E-Procurement is more expensive to implement (TCO) than Precoro, and Precoro is rated higher (88/100) than Coupa E-Procurement (78/100). Precoro offers users more features (6) than Coupa E-Procurement (3). There is a clear winner in this case and it is Precoro!
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:
Coupa Software Vs. Precoro
Coupa Software: Founded in 2006, Coupa Software is the leading provider of cloud-based spend optimization software. More than 300 customers in 40 countries use the Coupa suite of cloud applications to amplify their spend power and reduce spending costs up to 11 percent. Only Coupa provides a true suite of cloud applications for finance, including procurement, expe...
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? Coupa E-Procurement 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 Coupa E-Procurement and Precoro.
Coupa E-Procurement price starts at $11 per user/month , On a scale between 1 to 10 Coupa E-Procurement 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: Coupa E-Procurement cost is around the same cost of Precoro.
Which software includes more/better features?
We've compared Coupa E-Procurement Vs. Precoro based on some of the most important and required Procurement features.
Coupa E-Procurement: Data Import/Export, Basic Reports, Online Customer Support.
Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management.
Target customer size
Coupa Procurement is suitable for a wide range of industries including healthcare, pharmaceuticals,
education, communication and non-profits. and Precoro's target customer size include: Small, medium and large size businesses.