Precoro Review - why 4.8 stars?

Precoro Review
ITQlick Score: 88/100
ITQlick Rating:
Pricing: 2.2/10 - low cost
Category: Procurement -> Precoro review
Ranking:Ranked 4 out of 79 Procurement systems
Company: Precoro
Pricing: starts at $35 per user/month
Typical customers: Small, medium and large size businesses
Platforms: Desktop, Mobile, Cloud
Links: Precoro pricing, Precoro alternatives
Shlomi LaviShlomi Lavi / updated: Jun 07, 2022

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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.

Who is it best for?

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

What is the actual cost?

Precoro offers two license pricing options; Small and Large. The license pricing for Small starts at $35 per user per month, billed annually, while the license cost information for Large is unavailable.

ITQlick pricing score is 2.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for Precoro. You can also find here pricing information from Precoro's website.

Pros

  • 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

Cons

  • 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

How it stacks up?

Access a head to head analysis of Precoro vs alternative software solutions.
ITQlick rating
Score
Pricing
License pricing
Functionality
Review
Compare
Precoro
ITQlick rating
4.8/5
Score
88/100
Pricing
2.2/10
License pricing
$35 per user/month
Functionality
16
Compare
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
SCLogic ...
ITQlick rating
3.5/5
Score
86/100
Pricing
3.8/10
License pricing
Pricing not available
Functionality
5

Frequently Asked Questions (FAQs)

Is it the best Procurement system?

Precoro is ranked 4 out of 79 software in their category (Procurement systems).

How they are rated on ITQlick?

The rating of Precoro is 4.8 stars out of 5 and the total score is 88 out of 100. The rating score is based on our unbiased data-based algo. Learn more - rating methodology page.

Is it an easy to use Software?

Yes, Precoro makes it fairly easy to use. This product is user friendly and intuitive.

Is it cloud-based?

Yes, they offer cloud based hosting, which means IT resources are retrieved through web-based tools and applications and you don't need to buy servers and additional hardware equipment.

Can it be used on mobile?

Yes, you can access Precoro on your mobile/smart phone.

What should we ask during a demo session?

Differences between Precoro and alternatives?

The most popular alternatives to Precoro in 2024: DXC Procurement, SynerTrade, DeltaBid, SCLogic Software, BasWare Purchase. Access the complete competitors analysis here - Precoro VS Procurement Software alternatives.

Is Precoro right for you or your business?

Precoro is a good fit for organizations seeking full transparency of their purchasing through full automation of the procurement process. The software streamlines procurement processes for SMBs and Enterprises in biotech, Construction, Technology, Healthcare, Manufacturing, etc. Customers of Precoro are PassportCard Consolidated, Insect Technology Group, Cheerz, Cropnuts, etc.

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

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.