Compare Precoro and RedTail EDI - Jun 2022

Shlomi Lavi

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Bottom Line: Which is Better - Precoro or RedTail EDI?

RedTail EDI is more expensive to implement (TCO) than Precoro, and RedTail EDI is rated higher (92/100) than Precoro (88/100). Precoro offers users more features (6) than RedTail EDI (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. RedTail Solutions, Inc.

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.

RedTail Solutions, Inc.: RedTail Solutions, Inc. is a privately held company founded in 2000 with headquarters in Westborough, MA, just outside of Boston. RedTail Solutions delivers managed Electronic Data Interchange (EDI) and Global Data Synchronization (GDS) services for Trading Partner Collaboration to mid-sized suppliers.

Who is more expensive? Precoro or RedTail EDI?

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 RedTail EDI.

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. RedTail EDI price starts at $99 per month , When comparing RedTail EDI to its competitors, the software is rated 4 - lower than the average Procurement software cost.

Bottom line: RedTail EDI is more expensive than Precoro.

Which software includes more/better features?

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

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

RedTail EDI: Data Import/Export, Basic Reports, Online Customer Support.

Target customer size

Precoro's typical customers include: Small, medium and large size businesses, and RedTail EDI's target customer size include: Medium and large size businesses.