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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Hubdoc

    Score8.7 out of 10
    N/AHubdoc, a Xero company since the 2018 acquisition, is a bill management software solution, allowing users to capture and sync bills, receipts, bank statements and related documents to the user's preferred accounting software (e.g. Quickbooks, Xero, etc.).

    $12

    per month

    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
    HubdocPrecoro
    Editions & Modules
    Starting Price
    $12.00
    per month
    Core
    $499
    per month (billed annually)
    Automation
    $999
    per month (billed annually)
    Suite
    Individually Tailored Pricing
    per year
    Offerings
    Pricing Offerings
    HubdocPrecoro
    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
    Best Alternatives
    HubdocPrecoro
    Small Businesses
    M‑Files
    Score8.9 out of 10
    No answers on this topic
    Medium-sized Companies
    Esker
    Score7.4 out of 10
    Zip Intake-to-Procure
    Score7.9 out of 10
    Enterprises
    Tungsten Capture
    Score9.5 out of 10
    GEP Quantum Intelligence
    Score9.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    HubdocPrecoro
    Likelihood to Recommend
    10.0
    (14 ratings)
    9.5
    (18 ratings)
    Usability
    10.0
    (1 ratings)
    10.0
    (3 ratings)
    Support Rating
    3.0
    (3 ratings)
    10.0
    (2 ratings)
    User Testimonials
    HubdocPrecoro
    Likelihood to Recommend
    Xero
    When I am out purchasing items for my business I can quickly take photos of receipts and upload via the app and not have to worry if I lose or damage a receipt. This is very handy for me. Hubdoc also allows me to get all my invoices, payments and statements to my bookkeeper very easily which saves me money and time. I only use Hubdoc for business purposes which is where I feel it is most suitable. I probably wouldn't use it for personal stuff as I don't track personal that strictly.
    Incentivized
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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.
    Incentivized
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    Pros
    Xero
    • Extracts data from documents both from a feed and a scan really quick.
    • Availability of automated feeds directly from the supplier.
    • Integration with accounting software e.g. Xero (now owned by them) and QBO.
    • Ability to auto-archive to many different cloud storage locations such as Google Drive and ShareFile.
    Incentivized
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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
    Xero
    • Although it is great that they can automatically get bank statements and transactions once linked, these links have been very unreliable historically.
    • Figuring out how to set up the automatic feed is cumbersome. You can land up being inundated with useless transaction data.
    • you have to upload each document separately. The program cannot differentiate/split PDFs.
    Incentivized
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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
    Xero
    I think this is one of the easiest apps to use on both mobile and desktop. Once it was all set up by my bookkeeper all I needed to do was upload things. I recall the set up being quite simple and we've only made a few small changes over the years.
    Incentivized
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    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
    Xero
    At the time we implemented Hubdoc (more than 2 years ago) it was quite cutting edge and did have strong advances from the competition plus its pricing was definitely more competitive (flat rate vs price per data extraction model). However, currently the competition has caught up and now many of Hubdoc's core features are being built into online accounting software natively.
    Incentivized
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    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
    Xero
    We did not get far into evaluating other solutions we were looking at because Hubdoc came highly recommended from peers, coupled with Xero and Gusto. The cost for Thompson-Reuters is high. We quickly honed in on Hubdoc due to cost and recommendation and are very glad that we did.
    Incentivized
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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.
    Incentivized
    Read full review
    Return on Investment
    Xero
    • We are processing much faster than expected
    • Clients are getting receipts in faster and allowing us not to stalk them to process their banking
    • It is a file for us besides attaching to the invoice we also have the history of bills/receipts in Hubdoc
    Incentivized
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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.
    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