Genuity - GoGenuity.com vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Genuity - GoGenuity.com
Score 8.6 out of 10
Mid-Size Companies (51-1,000 employees)
For managing assets, vendor spend, usage and contracts to strategic sourcing and spend analysis, Genuity is a Technology Business Management platform designed to enable teams to spend smarter and maximize the value of every dollar a business spends. Genuity builds tools to help businesses and IT leaders navigate the IT market, optimize their technology spend, and improve their bottom line. The vendor states that their goal is to level the playing field by shining a…
$29.99
per Company
Precoro
Score 7.7 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
Genuity - GoGenuity.comPrecoro
Editions & Modules
Genuity Platform - $29.99 One flat rate. Per company, per month.
$29.99
per Company
Small, for ≤ 20 users
$39
per month per user
Large, for 21+ users
Let's discuss!
Offerings
Pricing Offerings
Genuity - GoGenuity.comPrecoro
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details$29.99 One flat rate. Per company, per month.Precoro 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
Community Pulse
Genuity - GoGenuity.comPrecoro
Top Pros

No answers on this topic

Top Cons

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Best Alternatives
Genuity - GoGenuity.comPrecoro
Small Businesses

No answers on this topic

MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies

No answers on this topic

Esker
Esker
Score 8.9 out of 10
Enterprises

No answers on this topic

Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
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User Ratings
Genuity - GoGenuity.comPrecoro
Likelihood to Recommend
8.6
(5 ratings)
9.6
(16 ratings)
Usability
-
(0 ratings)
7.3
(1 ratings)
Support Rating
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
Genuity - GoGenuity.comPrecoro
Likelihood to Recommend
Genuity - GoGenuity.com
GoGenuity is great when someone wants a one-stop solution for all their needs, it has everything gelled in together so that you do not have to go to different vendors and buy different solutions. They have a very good telco service, they themselves provide SIP trunks, their billing is amazing & the best part is everything is on the cloud and can be easily managed/accessed with great security.
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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
Genuity - GoGenuity.com
  • Great UI
  • Good IT Helpdesk
  • Quick responses
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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
Genuity - GoGenuity.com
  • Ability to customize the view/dashboards even more
  • Ability to easily import large sets of old records using templates/predefined formats
  • Ability to attach documents/photos/additional paperwork with each asset
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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
Genuity - GoGenuity.com
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
Genuity - GoGenuity.com
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
Genuity - GoGenuity.com
It was the price point and the quick support when i hit a block. compared to other vendors the price can get steep and they even limit you on the amount of assets you can hav. with genuity it's one price with no limits. And you can track vendors , contracts
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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
Genuity - GoGenuity.com
  • One solution for all telco needs.
  • Easy billing.
  • Saved money as the client did not had to integrate different systems.
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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

Genuity - GoGenuity.com Screenshots

Screenshot of AssetsScreenshot of Saas & Vendor SpendScreenshot of HelpdeskScreenshot of Network MonitoringScreenshot of ContractsScreenshot of Telecom Expenses

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