TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    ExpenseOnDemand

    Score10 out of 10
    N/AExpenseOnDemand is headquartered in London and was founded in 2003 with a vision to enable companies and their talent to focus on their core job by offering a smart, simple, and intuitive expense management solution. Their solutions are priced at USD 1 or GBP 1 or Euro 1 or INR 35 per user per month.N/A

    Precoro

    Score9.5 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
    ExpenseOnDemandPrecoro
    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
    ExpenseOnDemandPrecoro
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    ExpenseOnDemandPrecoro
    Considered Both Products
    ExpenseOnDemand
    No answer on this topic
    Precoro
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    100%
    Would buy again
    18 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    18 Answers
    Happy with the feature set
    No answers on this topic
    100%
    Happy with the feature set
    18 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    100%
    Lived up to sales and marketing promises
    16 Answers
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    17 Answers
    Features
    ExpenseOnDemandPrecoro
    Expense Management
    Comparison of Expense Management features of ExpenseOnDemand and Precoro
    Feature
    ExpenseOnDemand
    9.5
    1 Ratings
    14% above category average
    Precoro
    -
    Ratings
    Employee Expense Reporting10.01 Ratings00 Ratings
    Corporate Card Reconciliation9.01 Ratings00 Ratings
    Payment Management
    Comparison of Payment Management features of ExpenseOnDemand and Precoro
    Feature
    ExpenseOnDemand
    9.7
    1 Ratings
    19% above category average
    Precoro
    -
    Ratings
    Customizable Approval Policies10.01 Ratings00 Ratings
    Financial Document Management10.01 Ratings00 Ratings
    Payment Status Tracking10.01 Ratings00 Ratings
    Payment Audit Trail9.01 Ratings00 Ratings
    Duplicate Bill Detection10.01 Ratings00 Ratings
    Advanced OCR10.01 Ratings00 Ratings
    Electronic Funds Transfer9.01 Ratings00 Ratings
    Best Alternatives
    ExpenseOnDemandPrecoro
    Small Businesses
    Brex
    Score9 out of 10
    No answers on this topic
    Medium-sized Companies
    Expensify
    Score9 out of 10
    Zip Intake-to-Procure
    Score7.9 out of 10
    Enterprises
    Emburse Expense Enterprise (formerly Chrome River)
    Score8.3 out of 10
    GEP Quantum Intelligence
    Score9.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    ExpenseOnDemandPrecoro
    Likelihood to Recommend
    10.0
    (1 ratings)
    9.5
    (18 ratings)
    Usability
    -
    (0 ratings)
    10.0
    (3 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (2 ratings)
    User Testimonials
    ExpenseOnDemandPrecoro
    Likelihood to Recommend
    ExpenseOnDemand
    The software is easy to deploy and use. We create different profiles with different permissions to manage and use the system to add, edit and approve expenses. Management is simplified and allows us to create reports where we can see the expenses in minute detail and quickly approve them from anywhere. There are different other functions that can be used on demand and as needed. All quickly learned to use the tool and are satisfied.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Pros
    ExpenseOnDemand
    • Possibility to create automation for the inclusion and approval of attachments.
    • Friendly interface.
    • Real-time and customizable reports.
    • Low cost per user license.
    • Scanning files online.
    Incentivized
    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
    Read full review
    Cons
    ExpenseOnDemand
    • It lacks functions to create different graphs to analyze expenses.
    • Few bugs.
    Incentivized
    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.
    Read full review
    Usability
    ExpenseOnDemand
    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.
    Read full review
    Support Rating
    ExpenseOnDemand
    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.
    Read full review
    Alternatives Considered
    ExpenseOnDemand
    No answers on this topic
    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.
    Incentivized
    Read full review
    Return on Investment
    ExpenseOnDemand
    • Optimization in life of travel and expenses.
    • Better expense control and easy identification in detail.
    Incentivized
    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

    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