Compare Precoro and FinancialForce ERP - Jun 2022

Shlomi Lavi

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

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 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. Financial Force

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.

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...

Who is more expensive? Precoro or FinancialForce ERP?

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 FinancialForce ERP.

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. FinancialForce ERP price starts at $175 per month , When comparing FinancialForce ERP to its competitors, the software is rated 2 - much lower than the average Procurement software cost.

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

Which software includes more/better features?

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

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

FinancialForce ERP: Budget & Expense Management, Project Management, Resource Management, Project Portfolio Management, Expense Management.

Target customer size

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