Compare Precoro and NetSuite Order Management - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - Precoro or NetSuite Order Management?

NetSuite Order Management is more expensive to implement (TCO) than Precoro, and NetSuite Order Management is rated higher (96/100) than Precoro (88/100). Precoro offers users more features (6) than NetSuite Order Management (3).

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. NetSuite

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.

NetSuite: NetSuite is the world's leading provider of cloud-based business management software. NetSuite helps companies manage core business processes with a single, fully integrated system covering ERP/financials, CRM, ecommerce, inventory and more.   More than 12,000 high-growth and midsized companies and divisions of large enterprises...

Who is more expensive? Precoro or NetSuite Order Management System?

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 NetSuite Order Management System.

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. NetSuite Order Management System 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: NetSuite Order Management System is more expensive than Precoro.

Which software includes more/better features?

We've compared Precoro Vs. NetSuite Order Management based on some of the most important and required Procurement features.

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

NetSuite Order Management System: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Precoro's typical customers include: Small, medium and large size businesses, NetSuite Order Management System is best for small to large business in the industries of retail, manufacturing, marketing, consumer products, customer service, department stores, and industries in the non-profit department.