Compare Coupa E-Procurement and Precoro - Jun 2022

Shlomi LaviShlomi 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.



Coupa E-Procurement

ITQlick rating
(3.2/5)

starts at $11 per user/month

Coupa Procurement is a procure-to-pay system that can simplify e-commerce shopping and handle transactions in multiple languages and currencies to allow users run global operation. Users can speed up th...

Categories: Fixed Asset Management, Accounts Receivable, Expense Management, Inventory Management.

Precoro

ITQlick rating
(4.8/5)

starts at $35 per user/month

Precoro is cloud-based Procurement Software that allows managers to organize orders and send them to suppliers in an automated system.

Categories: Budgeting & CPM, Accounts Receivable, Inventory Management, Compliance , Purchasing Management.

Compare specifications

Compare features

Coupa E-Procurement: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

Precoro: 6 Features

Procurement
PO: Purchase orders
Compliance
Contract Management
Supplier Management
Inventory Management
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Coupa E-...
ITQlick rating
3.2/5
Score
78/100
Pricing
3.8/10
License pricing
$11 per user/month
Functionality
12
Compare
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
Compare
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.