Precoro Review - why 4.8 stars?

Precoro Review
ITQlick Score: 88/100
ITQlick Rating: (4.8/5)
Pricing: 2.2/10 - low cost
Category: Procurement -> Precoro
Ranking:Ranked 4 out of 78 Procurement systems
Company: Precoro
Pricing: starts at $29 Per 5 users/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Precoro pricing, Precoro alternatives

Shlomi LaviShlomi Lavi / updated: May 31, 2021

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What is Precoro?

Precoro is cloud-based Procurement Software that allows managers to organize orders and send them to suppliers in an automated system. It also enables them to partition workflows using departments, locations, and other custom field definitions. Organizations can use these features to modernize their purchasing operations and eliminating manual labor.

The software top features include Approval Workflow, Supplier Management, Purchase Order, and Budget Management. Precoro is a privately-owned computer software company established in 2014; It has its headquarters in Brooklyn, New York, USA, and a current workforce of 11-50. Precoro won the Crozdesk Quality Choice Award in 2020.


What is Precoro rating?

The rating of Precoro is 4.8 stars out of 5 and the total score is 88 out of 100. The ratings are based on our unbiased experts. Learn more in our rating methodology page

Who are Precoro's typical customers?

The typical customers include the following business size: Small, medium and large size businesses.

Is Precoro the best Procurement system?

Precoro is ranked 4 out of 78 software in their category (Procurement systems).

What are Precoro's pros? (4 Pros)

  • Users can customize workflows on a line level
  • The software can upload reports into a third-party ERP system
  • It can track spendings from ERP imports
  • There is a cost-centre auto-allocation feature in the software

What are Precoro's cons? (2 cons)

  • The PO approval function only uses price configurations as of yet
  • Users can not import images from a suppliers catalogue

Who are their main alternatives?

Popular alternatives to Precoro: DXC Procurement, SynerTrade, DeltaBid, SCLogic Software, BasWare Purchase Management, ConnectWise Distribution, Bellwether Purchasing Software , 3rdWave, SpendBoss, b-pack. The full list of competitors can be found here.

What is the cost of Precoro?

The cost of license starts at $29 Per 5 users/month. On top of the total cost of licenses which is easy to calculate - what is the REAL total cost of implementation? You need to add the cost of training, customization, data migration, and other "hidden cost". ITQlick pricing score is 2.2 out of 10 (10 is most expensive). Find here the REAL total cost breakdown for Precoro

What should you ask Precoro during a demo session? (65 questions)

Schedule a demo with Precoro and access 65 must ask questions for the vendor while watching Precoro in action.

Is it the right software for you?

Precoro is suitable for small, large, and medium-sized businesses in the Biotech, Construction, Healthcare, and Hospitality industries. Furthermore, Technology firms, Logistics companies, and Finance departments would also find Precoro useful for their operations. Strabag, Synevo, Flipspaces, and Cropnuts are some of the customers to which the software caters.

List of categories

Budgeting & CPM
Accounts Receivable
Inventory Management
Compliance
Purchasing Management
Supplier Management
Procurement
Contract Management
PO: Purchase orders
Strategic Sourcing

List of features

Procurement
PO: Purchase orders
Compliance
Contract Management
Supplier Management
Inventory Management

Precoro Vs. Alternatives

ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$29 Per 5 users/month
Functionality
16
Compare
DXC
ITQlick rating
3.9/5
Score
92/100
Pricing
7/10
License pricing
Pricing not available
Functionality
4
Review
SynerTrade
ITQlick rating
4.1/5
Score
90/100
Pricing
10/10
License pricing
Pricing not available
Functionality
16
DeltaBid
ITQlick rating
4.5/5
Score
89/100
Pricing
2/10
License pricing
$129 per user/month
Functionality
16
SCLogic
ITQlick rating
3.5/5
Score
86/100
Pricing
3.8/10
License pricing
Pricing not available
Functionality
5
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.