Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
SAP Concur
Score 8.4 out of 10
N/A
SAP Concur is a SaaS expense report management product, and handles corporate travel booking, expense report automation, reimbursement, audit, and business intelligence, and corporate card integration.
$9
per month
Pricing
PrecoroSAP Concur
Editions & Modules
Core
$499
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
Concur Travel and Expense
$9.00
per report (average price)
Offerings
Pricing Offerings
PrecoroSAP Concur
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
PrecoroSAP Concur
Features
PrecoroSAP Concur
Expense Management
Comparison of Expense Management features of Product A and Product B
Precoro
-
Ratings
SAP Concur
8.3
452 Ratings
1% above category average
Employee Expense Reporting00 Ratings8.4444 Ratings
Corporate Card Reconciliation00 Ratings8.2333 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Precoro
-
Ratings
SAP Concur
8.2
393 Ratings
3% above category average
Customizable Approval Policies00 Ratings8.1340 Ratings
Financial Document Management00 Ratings8.4286 Ratings
Payment Status Tracking00 Ratings8.4341 Ratings
Payment Audit Trail00 Ratings8.3310 Ratings
Duplicate Bill Detection00 Ratings7.8274 Ratings
Advanced OCR00 Ratings8.0234 Ratings
Electronic Funds Transfer00 Ratings8.4222 Ratings
Best Alternatives
PrecoroSAP Concur
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.9 out of 10
Dext
Dext
Score 9.6 out of 10
Medium-sized Companies
Esker
Esker
Score 8.0 out of 10
Precoro
Precoro
Score 9.4 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
Emburse Chrome River
Emburse Chrome River
Score 7.9 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PrecoroSAP Concur
Likelihood to Recommend
9.5
(18 ratings)
8.3
(883 ratings)
Likelihood to Renew
-
(0 ratings)
8.2
(40 ratings)
Usability
10.0
(3 ratings)
8.5
(114 ratings)
Availability
-
(0 ratings)
8.3
(13 ratings)
Performance
-
(0 ratings)
8.0
(10 ratings)
Support Rating
10.0
(2 ratings)
8.3
(41 ratings)
In-Person Training
-
(0 ratings)
3.9
(6 ratings)
Online Training
-
(0 ratings)
9.0
(5 ratings)
Implementation Rating
-
(0 ratings)
8.0
(13 ratings)
Configurability
-
(0 ratings)
8.3
(7 ratings)
Ease of integration
-
(0 ratings)
8.1
(57 ratings)
Product Scalability
-
(0 ratings)
8.5
(56 ratings)
Vendor post-sale
-
(0 ratings)
6.5
(8 ratings)
Vendor pre-sale
-
(0 ratings)
6.5
(7 ratings)
User Testimonials
PrecoroSAP Concur
Likelihood to Recommend
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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SAP Concur
SAP Concur is great for large organizations because of it's built in approval process functions. It is great tool for expense reports and any company where employees need to book travel. I imagine that the tool would be more tricky to use for those who are less technically savvy since there are many tabs and it is sometimes tricky to navigate.
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Pros
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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SAP Concur
  • Self service and easy to navigate
  • Available on all mobile devices
  • Provides travel options such as airlines for the destination with several options
  • Automatically define check in and check out dates and time for hotels
  • Reminds users to book other travel related activities
Read full review
Cons
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
SAP Concur
  • For a new user of SAP Concur, it becomes difficult to file the first reimbursement as that person is new to the application and probably, one needs to to go through the instructions to get used to it. So, user interface can be improved and could be tried to make more interactive. Other than that, it's all good to go.
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Likelihood to Renew
Precoro
No answers on this topic
SAP Concur
Now that we are fully on Concur, switching is not an option. Concur has become ingrained in our expense reporting process. Furthermore, Concur continues to improve its offering. Each month, they release updates and changes, many of which were client requested. Concur's constant evolution means it is adapting with my business
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Usability
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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SAP Concur
I think it is very easy to use, especially once you are acquainted with it. I think the UX could be improved so some things, like accessing old reports, are more intuitive once you learn it though it is not difficult to replicate.
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Reliability and Availability
Precoro
No answers on this topic
SAP Concur
In prior years I would have given them a 9.5 for availability. Unfortunately in 2015 so far this rating has dropped to a 7 overall.
We have experienced far too many interruptions - from admins to employees who rely on it for day to day booking of travel and submission of expense reports. Server errors, slow system response time and spinning wheels are too common place. Those things should be a rare occurrence, not a daily interruption.

While Conur still has great product offerings overall, they are currently not offering world class or best in class product (and customer service) availability. Remaining hopeful they step up and get their A game going again soon.
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Performance
Precoro
No answers on this topic
SAP Concur
Performance-wise, it's good, loads pages quickly, and reports are highly accurate and easy to understand. Also, we can generate custom reports as needed, and we have integrated with a few other apps, and we have not seen any downgrade in performance.
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Support Rating
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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SAP Concur
I have never had to use customer support when using Concur Expense - the UX could be a bit nicer on the eyes or easier to understand, but there have never been any problems when using Concur Expense that I have had to ask or reach out to customer support to help me with anything.
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In-Person Training
Precoro
No answers on this topic
SAP Concur
My Seniors were the ones who taught me about Concur. Concur Support team has sent me training links and answered me in their tickets too. Usually they are helpful and knows their stuff. There are times when webex meetings is conducted for reporting training. They were very patient and took down all the details from me.
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Online Training
Precoro
No answers on this topic
SAP Concur
I can use it after that training, so it fits the purpose.
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Implementation Rating
Precoro
No answers on this topic
SAP Concur
There are different implementation teams for each module of the product you purchase, so implementation is not a 'one size fits all' environment. Also, the different implementation teams have different ways of doing things, so Concur could stand some standardization and streamlining in this area. A Project Manager can make or break an implementation so don't be scared to ask for a new one if things are rocky.
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Alternatives Considered
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.
Read full review
SAP Concur
Expensify and Zoho Expense work for small and mid-size businesses. Big multinationals do not receive benefits from the apps. Coupa is good as a solution for organizations with non-SAP leading systems. If you plan to use SAP ERP as the main/lending system then SAP Concur is the best solution, mainly for its native integration with SAP ecosystem.
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Scalability
Precoro
No answers on this topic
SAP Concur
This program has been very helpful, user friendly and has been a great asset to use to assist with time management. Not only are leadership involved with using this program but all staff as well. This is also a great way to hold each accountable. Easy startup with not many means for hands on training
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Return on Investment
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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SAP Concur
  • Concur's automation has produced impressive efficiency improvements, which have decreased the time and effort required for expense management.
  • Manual errors and policy violations have decreased, which has led to cost savings.
  • We now adhere to corporate regulations better, which lowers risks thanks to Concur's policy compliance checker.
Read full review
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

SAP Concur Screenshots

Screenshot of a picture of a receipt snapped from a smartphoneScreenshot of analytics from SAP ConcurScreenshot of the integrated travel and expense applicationScreenshot of the SAP Concur mobile app