Shlomi Lavi /
Jul 16, 2022
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Bottom Line: Which is Better - Sourcing or Precoro?
Sourcing is more expensive to implement (TCO) than Precoro, and Precoro is rated higher (88/100) than Sourcing (82/100). Precoro offers users more features (6) than Sourcing (0). 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:
BME Consulting Vs. Precoro
BME Consulting: Skill up and learn about procurement tips, advices, strategies and digitization on Sourcing Force blog
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? Sourcing Force or Precoro?
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 Sourcing Force and Precoro.
Sourcing Force price starts at $7 per user/month , On a scale between 1 to 10 Sourcing Force is rated 2, which is much lower than the average cost of Procurement 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 Procurement software cost.
Bottom line: Sourcing Force cost is around the same cost of Precoro.
Which software includes more/better features?
We've compared Sourcing Vs. Precoro based on some of the most important and required Procurement features.
Sourcing Force: We are still working to collect the list of features for Sourcing Force.
Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management.
Target customer size
Sourcing Force's typical customers include: Small, medium and large size businesses, and Precoro's target customer size include: Small, medium and large size businesses.