Shlomi Lavi /
Oct 17, 2022
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Bottom Line: Which is Better - ToolsGroup or Precoro?
ToolsGroup is more expensive to implement (TCO) than Precoro, and Precoro is rated higher (88/100) than ToolsGroup (85/100). Precoro offers users more features (6) than ToolsGroup (0). There is a clear winner in this case and it is Precoro!
Looking for the right Supply Chain 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:
ToolsGroup Vs. Precoro
ToolsGroup: ToolsGroup is the world’s most experienced provider of demand analytics and supply chain planning and optimization software. For more than 20 years, we have partnered with companies who want to break through their supply chain and business performance barriers.
Our single-model supply chain planning solution includes capabilities such as demand ...
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? ToolsGroup or Precoro?
The real total cost of ownership (TCO) of Supply Chain 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 ToolsGroup and Precoro.
ToolsGroup price starts at $570 per month , On a scale between 1 to 10 ToolsGroup is rated 6, which is similar to the average cost of Supply Chain 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 Supply Chain software cost.
Bottom line: ToolsGroup is more expensive than Precoro.
Which software includes more/better features?
We've compared ToolsGroup Vs. Precoro based on some of the most important and required Supply Chain features.
ToolsGroup: We are still working to collect the list of features for ToolsGroup.
Precoro: Procurement, PO: Purchase orders, Compliance , Contract Management, Supplier Management.
Target customer size
Customers of the software include businesses of all sizes and a variety of types all over the world. and Precoro's target customer size include: Small, medium and large size businesses.