Bento for Business vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bento for Business
Score 10.0 out of 10
Small Businesses (1-50 employees)
Bento for Business provides employee expense cards with spend controls that allow business owners to control where, when and how much employees can spend. This solution includes a dashboard that pivots data by employee, card, category, date and tag.
$0
2 People or Cards (1 must be business owner)
Precoro
Score 7.6 out of 10
Mid-Size Companies (51-1,000 employees)
Precoro is a cloud-based solution for procurement process optimization. It aims to eliminate time-consuming manual procedures and human factor errors, and instead automates operations and centralizes purchasing processes. It enables users to: - Approve documents from any device using email or Slack notifications. Users can streamline approval workflow by adding as many steps as needed and assigning specific roles for colleagues. - To save money from the purchasing budget,…
$39
per month per user
Pricing
Bento for BusinessPrecoro
Editions & Modules
Free
$0
2 People or Cards (1 must be business owner)
Team
$29/month
Up to 10 People or Cards
Professional
$69/month
Up to 20 People or Cards
Enterprise
$149/month
More than 20 People or Cards
Small, for ≤ 20 users
$39
per month per user
Large, for 21+ users
Let's discuss!
Offerings
Pricing Offerings
Bento for BusinessPrecoro
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPrecoro pricing starts at $39.00 per user per month. A free 14-days trial is available. The payment is charged per user per month and billed annually. For ≤ 20 — $39/mo per user For > 20 users — contact Precoro directly Paying only for the number of users provides full access to the platform. All features are available in all plans, as well as lifetime updates and 24/7 support. Every week, Precoro provides new updates and releases on an ongoing basis. All features are designed according to customers' feedback, so customers can affect product development. Procurement advisory from Precoro experts is available anytime.
More Pricing Information
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Bento for BusinessPrecoro
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User Ratings
Bento for BusinessPrecoro
Likelihood to Recommend
10.0
(4 ratings)
9.6
(16 ratings)
Usability
-
(0 ratings)
7.3
(1 ratings)
Support Rating
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
Bento for BusinessPrecoro
Likelihood to Recommend
Bento for Business
Our organization runs a lot of short-term or one-off programs where the program staff need to buy supplies -- Bento is perfect for these scenarios. The staff who make the purchases are not staff who would typically have a company card, so we wanted a solution other than giving them a credit card. Bento was perfect because it makes the purchasing & bookkeeping processes for these programs easy and efficient for both the staff and the finance team
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Precoro
Precoro is great if you need to keep your organization aware of where in the purchasing process an order is, and if you need a place to communicate about orders & keep a record of those communications. It does not work too well for a variety of purchasing requests - the process lacks complexity.
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Pros
Bento for Business
  • Track expenses by employee
  • Restrict purchases based on amount and category
  • Import transactions directly into QuickBooks
Read full review
Precoro
  • Editing the catalog data is very easy. We can export/import it from Excel
  • Comparing prices to make the right decisions
  • Fast approvals with specific roles for colleagues
  • Visual analytics and budget control for each department
  • Ability to add as many custom fields as we need to cover all processes
  • Real-time stock control and warehouse request creation right from the inventory module
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Cons
Bento for Business
  • easier way for employees to access their statements without setting them up as admins
  • monthly statements generated by card
  • monthly fee needs to be added to one of the card statements
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Precoro
  • The "bundles" in Precoro are not actually bundles. I would like to connect 2 of our catalog items together so that when 1 is selected for purchasing, the other item is required
  • Sometimes the comments wont properly tag a person that we're trying to tag
  • More options to customize the approval workflow based on location
  • Ability to edit where we're buying an item from without having to deny the request
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Usability
Bento for Business
No answers on this topic
Precoro
At first glance it seemed to be rather difficult in use, but actually it turned out to be much easier [than] we thought. Thanks to the Precoro team we could go through the procurement workflow. Now with [the] right, user-friendly software partner, we are absolutely ready to meet all [our] company's needs.
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Support Rating
Bento for Business
No answers on this topic
Precoro
Precoro is a company, which makes great products for businesses. What is more, it is a team of professionals, who are always keep[ing] in touch with you. Thanks [to] Precoro, we easily go through procurement workflow and manage all of our POs in a couple of minutes. We had a great experience with the Precoro team which helped us with installation of the software.
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Alternatives Considered
Bento for Business
If you are looking for prepaid business care or a business expense card, I highly do not recommend using Bento for Business. Do yourself and your business a favor and use a more customer service orientated services such as Pex, Wex, or Expensify. Bento for Business is bad business. Just don't do it.
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Precoro
Precoro is unique because it can be customizable from start to finish without needing to build in API. It is extremely easy to use and understand, so we did not need to give our employees extensive training as we did with Tradogram. Precoro also allowed us to communicate about orders right within the order itself, where the other software did not.
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Return on Investment
Bento for Business
  • Saving time by eliminating reimbursements
  • Allowing many staff to have a card to make purchases without worrying about financial control/risk of too many people having a company card
  • Efficiently synchs with Quickbooks
Read full review
Precoro
  • We can track each purchase order, who created it, and why. They are no longer lost, and we can always see the history. The dashboard allows us to monitor information about all essential documents and at what stage they are now and keep track of which invoices have not yet been paid or partially paid.
  • By setting up budgets for each department, we can effectively plan the allocation and prevent overspending.
  • The system is very flexible and convenient. I can't imagine my work without it.
Read full review
ScreenShots

Bento for Business Screenshots

Screenshot of Create Employee cards or Utility cards with spend limits (e.g. $500/month)Screenshot of Dashboard provides a snapshot of spending activity across all cards.Screenshot of See transactions in real-time.  Add tags, notes and upload receipts.

Precoro Screenshots

Screenshot of Purchase RequisitionScreenshot of Purchase Order ManagementScreenshot of The view of the Purchase Order: approval information, live budget information, and Supplier infoScreenshot of ConfigurationScreenshot of DashboardScreenshot of Budgets