Compare FinancialForce ERP and Precoro - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - FinancialForce ERP or Precoro?

FinancialForce ERP is more expensive to implement (TCO) than Precoro, and Precoro is rated higher (88/100) than FinancialForce ERP (84/100). FinancialForce ERP offers users more features (16) than Precoro (6).

Looking for the right ERP 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:

Financial Force Vs. Precoro

Financial Force: FinancialForce.com is the cloud applications company. We focus 100% on building business applications for Force.com, the world’s leading cloud computing platform from salesforce.com. Our applications include Accounting, Billing, Professional Services Automation (PSA) and Services Resource Planning (SRP). We serve fast-growing organizations as well...

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? FinancialForce ERP or Precoro?

The real total cost of ownership (TCO) of ERP 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 FinancialForce ERP and Precoro.

FinancialForce ERP price starts at $175 per month , On a scale between 1 to 10 FinancialForce ERP is rated 2, which is much lower than the average cost of ERP 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 ERP software cost.

Bottom line: FinancialForce ERP cost is around the same cost of Precoro.

Which software includes more/better features?

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

FinancialForce ERP: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Budget & Expense Management, Project Management, Resource Management, Project Portfolio Management, Expense Management, Time Tracking, Accounts Payable, Accounts Receivable.

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

Target customer size

Customers of the software include businesses of all sizes and a variety of types. and Precoro's target customer size include: Small, medium and large size businesses.