Compare Precoro and Bin solution - Aug 2022

Shlomi Lavi

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Bottom Line: Which is Better - Precoro or Bin solution?

Bin solution is more expensive to implement (TCO) than Precoro, and Precoro is rated higher (88/100) than Bin solution (84/100). Precoro offers users more features (6) than Bin solution (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:

Precoro Vs. Navigator Business Solutions

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.

Navigator Business Solutions: Navigator has the experience, the insight, and the product offerings to make your best-run business RUN BETTER. From financials, sales & service to purchasing, inventory, and operations, SAP is the ultimate tool to completely run your small-midsize business. Every SAP solution is a single integrated real-time application designed to streamline ...

Who is more expensive? Precoro or Bin Management solution?

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 Precoro and Bin Management solution.

Precoro price starts at $35 per user/month , On a scale between 1 to 10 Precoro is rated 2, which is much lower than the average cost of Procurement software. Bin Management solution accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Precoro is rated 2, which is much lower than the average cost of Procurement software.

Bottom line: Bin Management solution is more expensive than Precoro.

Which software includes more/better features?

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

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

Bin Management solution: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Precoro's typical customers include: Small, medium and large size businesses, and Bin Management solution's target customer size include: SMBs.