Emburse Invoice Enterprise vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Emburse Invoice Enterprise
Score 9.9 out of 10
N/A
Emburse Invoice Enterprise is an Accounts Payable automation platform for enterprise finance teams. It is the product formerly known as Chrome River Invoice, renamed under the Emburse Enterprise product line.N/A
Precoro
Score 9.5 out of 10
Mid-Size Companies (51-1,000 employees)
Precoro is an Agentic Procurement & AP Centralization Platform that eliminates time-consuming manual procedures and human error, automating operations and centralizing purchasing processes. Precoro AI Crews cover intake to payment, inside each company's own workflows and rules, so procurement and finance teams can scale output, not headcount. Precoro enables users to: The Purchasing Crew lets users approve documents from any device using email or Slack notifications, streamlining…
$5,988
per year
Pricing
Emburse Invoice EnterprisePrecoro
Editions & Modules
No answers on this topic
Core
$499
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
Offerings
Pricing Offerings
Emburse Invoice EnterprisePrecoro
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Emburse Invoice EnterprisePrecoro
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User Ratings
Emburse Invoice EnterprisePrecoro
Likelihood to Recommend
9.5
(2 ratings)
9.5
(18 ratings)
Usability
-
(0 ratings)
10.0
(3 ratings)
Support Rating
-
(0 ratings)
10.0
(2 ratings)
User Testimonials
Emburse Invoice EnterprisePrecoro
Likelihood to Recommend
Emburse
  • Easy to use with little to no navigational training needed for most users.
  • Being able to add our own compliance rules eliminates the back and forth between creator and approver.
  • Invoices can be created, approved, and paid within hours.
    • Normally, our processing time is two or three days. Before Emburse Chrome River Invoice, it was up to two weeks.
  • Easily upload receipts/invoices into the system using email or the application SNAP. No need to have a scanner.
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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
Emburse
  • Look for duplicate invoice numbers
  • Export into the current ERP system to initiate the check
  • Create an error report to view if the address is not correct in the system
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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
Read full review
Cons
Emburse
  • Accessing invoice history
  • Reporting
Read full review
Precoro
  • For companies with more complex inventory needs, additional features in that area could be helpful.
  • The mobile app is great for approvals, but it could support more features from the desktop version.
  • Occasionally, loading reports with a large amount of data takes a few extra seconds.
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Usability
Emburse
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
Emburse
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
Emburse
We were previously using paper check requests or Jaeger for invoicing payments. We do still use them for anything other than travel. However, all travel-related items are processed through Emburse Chrome River Invoice--we are hopeful that in the future we will navigate to processing all payments in Emburse Chrome River.
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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
Emburse
  • No more lost campus mail
  • No more staff walking documents through approvals
  • No more scanning
  • No more file storage needed
  • No more multiple copies of the same information in several departments
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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.
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ScreenShots

Precoro Screenshots

Screenshot of AI-powered OCRScreenshot of a Purchase Order: approval information, live budget information, and Supplier infoScreenshot of the configuration interfaceScreenshot of a view of the dashboardScreenshot of BudgetsScreenshot of the item catalog