Infor Expense Management vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Infor Expense Management
Score 7.5 out of 10
N/A
Infor Expense Management's suite of four integrated applications (Expense Reports, Travel Plans, Payment Requests, and Timesheets) can be used either individually or in any combination to automate expense-related business processes, enforce policy compliance, cut administrative costs, and reduce the risk of accidental errors and intentional fraud.N/A
Precoro
Score 7.6 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
Infor Expense ManagementPrecoro
Editions & Modules
No answers on this topic
Small, for ≤ 20 users
$39
per month per user
Large, for 21+ users
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Offerings
Pricing Offerings
Infor Expense ManagementPrecoro
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPrecoro 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
Infor Expense ManagementPrecoro
Top Pros
Top Cons
Features
Infor Expense ManagementPrecoro
Expense Management
Comparison of Expense Management features of Product A and Product B
Infor Expense Management
6.5
2 Ratings
21% below category average
Precoro
-
Ratings
Employee Expense Reporting7.52 Ratings00 Ratings
Corporate Card Reconciliation5.52 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Infor Expense Management
6.1
2 Ratings
28% below category average
Precoro
-
Ratings
Customizable Approval Policies7.02 Ratings00 Ratings
Financial Document Management5.52 Ratings00 Ratings
Payment Status Tracking6.02 Ratings00 Ratings
Payment Audit Trail6.02 Ratings00 Ratings
Duplicate Bill Detection5.02 Ratings00 Ratings
Advanced OCR4.52 Ratings00 Ratings
Electronic Funds Transfer9.01 Ratings00 Ratings
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Infor Expense ManagementPrecoro
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User Ratings
Infor Expense ManagementPrecoro
Likelihood to Recommend
7.5
(2 ratings)
9.6
(16 ratings)
Usability
-
(0 ratings)
7.3
(1 ratings)
Support Rating
-
(0 ratings)
9.1
(1 ratings)
User Testimonials
Infor Expense ManagementPrecoro
Likelihood to Recommend
Infor
It is very useful to plan travel management where it addresses all the aspects including payment, report, notification on time, etc. It meets our requirement so I have no negative comments to put.
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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
Infor
  • Expense report
  • ease of the trail
  • Interface is good
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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
Infor
  • Overall it is good comes with mobile version as well.
  • Enhancement can be made by auto suggesting the things at different levels.
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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
Infor
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
Infor
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
Infor
We were using Concur Travel and Expenses to track our expenses and also having travelling expenses logged in and it was a good tool. Infor Expense Management was a better tool in terms of the functionalities features and makes it easy for a new person to get quickly accustomed to it without much training needed
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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
Infor
  • It has helped us by eliminating our manual process of managing expenses.
  • No negative impact at all.
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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 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