Compare SpendBoss and Precoro - Jun 2022

Shlomi LaviShlomi Lavi / Jun 15, 2022

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Bottom Line: Which is Better - SpendBoss or Precoro?

SpendBoss is more expensive to implement (TCO) than Precoro, Precoro is rated higher (88/100) than SpendBoss (84/100). SpendBoss offers more features (7) to their users than Precoro (6).

Looking for the right Procurement solution for your business? buyers like you are primarily concerned about the real total implementation cost (TCO), full list of features, vendor reliability, user reviews, pros and cons. In this article we compare between the 2 software products:

How SpendBoss compares with Precoro?

SpendBoss: SpendBoss helps managers easily and quickly purchase everything they need to run their location from one simple application - consumer like experience with little to no training. Corporate gets real time spend control, analytics, and more to all their locations!

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's more expensive? SpendBoss 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 & support and other related services. When calculating the TCO it's important to add all of these "hidden cost" as well. We prepared a TCO calculator for SpendBoss and Precoro.

SpendBoss price starts at $30 per license , on a scale between 1 to 10 SpendBoss 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 their competitors, the software is rated 2 - much lower than the average Procurement software cost.

Bottom line: SpendBoss cost is around the same cost of Precoro.

Which software includes more/better features?

As with any business software solutions, it’s important to consider the features & functionality. The tool should support the processes, workflows, reports and needs that matter to your team. To help you evaluate this, we've compared SpendBoss Vs. Precoro based on some of the most important and required Procurement features. SpendBoss: Purchase Orders, Data Analysis Tools, Supplier Risk Management, Procurement, Employee Reviews, Contract Management, Retail. Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management.

Target customer size

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

SpendBoss

ITQlick rating
(2.8/5)

starts at $30 per license

SpendBoss is a spend/asset management software designed for managers and business owners to provide real-time business analytics, control operational expenses, run locations swiftly, and acquire real-time infor...

Categories: Budgeting & CPM, Financial reporting, Accounts Receivable, Data Analysis Tools.

Precoro

ITQlick rating
(4.8/5)

starts at $35 per user/month

Precoro is cloud-based Procurement Software that allows managers to organize orders and send them to suppliers in an automated system.

Categories: Budgeting & CPM, Accounts Receivable, Inventory Management, Compliance , Purchasing Management.

Compare specifications

Precoro Specifications

ITQlick Score: 88/100
ITQlick Rating: (4.8/5)
Pricing: 2/10 - low cost
Category: Procurement -> Precoro
Company: Precoro
Pricing: starts at $35 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Precoro review, Precoro pricing, Precoro alternatives

Compare features

SpendBoss: 7 Features

Purchase Orders
Data Analysis Tools
Supplier Risk Management
Procurement
Employee Reviews
Contract Management
Retail

Precoro: 6 Features

Procurement
PO: Purchase orders
Compliance
Contract Management
Supplier Management
Inventory Management
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
SpendBoss
ITQlick rating
2.8/5
Score
84/100
Pricing
3/10
License pricing
$30 per license
Functionality
19
Compare
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16
DXC Proc...
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
$59 per user/month
Functionality
16
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16
Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.