ExpenseOnDemand vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ExpenseOnDemand
Score 10.0 out of 10
N/A
ExpenseOnDemand 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
Score 9.4 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,…
$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
Features
ExpenseOnDemandPrecoro
Expense Management
Comparison of Expense Management features of Product A and Product B
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 Product A and Product B
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
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ExpenseOnDemandPrecoro
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Medium-sized Companies
Precoro
Precoro
Score 9.4 out of 10
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Score 8.5 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.
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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
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.
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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
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Cons
ExpenseOnDemand
  • It lacks functions to create different graphs to analyze expenses.
  • Few bugs.
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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
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.
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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.
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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.
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Return on Investment
ExpenseOnDemand
  • Optimization in life of travel and expenses.
  • Better expense control and easy identification in detail.
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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 the view of the 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