Precoro Review - why 4.8 stars?

• Precoro provides an optimal UI, and it is user-friendly
• The software enables users to create new POs/invoices easily
• Users can easily share information within the team
• There is a cost-centre auto-allocation feature in the software

• A user suggests that it would be good to have more flexibility to delegate approvals to another user
• Users can not import images from a suppliers catalogue
• It does not have a cost center on Budgets

• Functionality: Precoro offers vital features like a Limitless Catalogue of Products & Services, Purchase Requests, Workflows for Locations, etc. Compared to its alternatives, Precoro and its listed alternatives provide Inventory Management, Order Management, Purchasing & Receiving, etc. Precoro and Coupa Procurement offer data visualization, whereas SAP Ariba and Procurify do not. Precoro and its stated alternatives, except for Coupa Procurement, provide Order Management and Purchasing & Receiving.
  
  Precoro and its alternatives, except for SAP Ariba, also provide Spend Management and Supplier Management. Precoro and Procurify provide Vendor Management, Customizable Reports, Summary Reports, and Workflow Management. However, SAP Ariba and Coupa Procurement do not. Precoro and its mentioned alternatives, except for SAP Ariba, provide Time & Expense Tracking, Compliance Management, Purchase Order Management, Spend Analysis, Spend Management, and Invoice Processing.
• Customers/Industries: Precoro targets SMBs and Enterprises in Biotech, Construction, Technology, Healthcare, Manufacturing, and Hospitality. Precoro has customers like Bolloré Transport & Logistics, Ecoservice Group, Bright Peak Therapeutics, etc. Compared to its alternatives, SAP Ariba targets web-based eCommerce platform like Automotive, Banking, Chemicals, Consumer Products, and others that helps suppliers and retailers collaborate with customers and manage orders, invoices, and other processes.
  
  Coupa Procurement targets medium to large organizations in all industries: Retail, Insurance, Industrial manufacturing, Food, and beverages, etc. Coupa Procurement has customers like American Eagle, The Fresh Market, Zalando Zeros, etc. Just like Precoro, Procurify also targets Technology, Biotech, and Construction. It also targets Non-Profits, Manufacturing, Hospitality, Healthcare, Pharma, etc. Procurify has customers like Cabify, Wren Therapeutics, Chai Lifeline, St. Anthony High School, etc.
• Cost: Precoro starts at $35 per user per month billed annually, while the license cost information for the other mentioned alternatives is unavailable.
• Cloud-based/On-premise: Precoro and its mentioned alternatives are all cloud-based.
• Popularity: Precoro is privately held with 1000+ companies. Coupa Procurement on the other hand is publicly traded on the NASDAQ under the COUP symbol with 2000+ global customers.
• Scalability: Precoro and its listed alternatives can accommodate SMBs and Enterprises.
• Support: Precoro and all its mentioned alternatives except Coupa Procurement provide Email/Help Desk and Knowledge Base support channels. Support channels like FAQs/Forum Phone Support, 24/7 (Live Rep), and Chat are provided by Precoro and Procurify but are unavailable in SAP Ariba and Coupa Procurement.

What is the REAL total cost of implementation? on top of the total cost of licenses which is easy to calculate 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). You can fine here the REAL total cost breakdown for Precoro. You can also find here pricing information from Precoro's website.