Precoro vs. SAP Integrated Business Planning

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Precoro
Score 9.3 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 Integrated Business Planning
Score 8.4 out of 10
N/A
SAP supports supply chain management with Integrated Business Planning, the company's real-time cloud-based supply chain planning platform supporting demand response, supply planning and inventory management oriented features, with supply chain analytics to support decisioning.N/A
Pricing
PrecoroSAP Integrated Business Planning
Editions & Modules
Core
$499
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
No answers on this topic
Offerings
Pricing Offerings
PrecoroSAP Integrated Business Planning
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
PrecoroSAP Integrated Business Planning
Features
PrecoroSAP Integrated Business Planning
Supply Chain Planning
Comparison of Supply Chain Planning features of Product A and Product B
Precoro
-
Ratings
SAP Integrated Business Planning
7.9
52 Ratings
7% above category average
Custom alerts00 Ratings7.848 Ratings
Scenario-based planning00 Ratings8.449 Ratings
Resource optimization00 Ratings8.143 Ratings
Supply forecasting00 Ratings8.045 Ratings
Capacity estimation00 Ratings7.941 Ratings
Employee allocation00 Ratings7.31 Ratings
Supply network coordination00 Ratings8.037 Ratings
Procurement Management
Comparison of Procurement Management features of Product A and Product B
Precoro
-
Ratings
SAP Integrated Business Planning
8.4
2 Ratings
13% above category average
Raw material sourcing00 Ratings8.72 Ratings
Supply market analysis00 Ratings8.12 Ratings
Cost analysis00 Ratings7.82 Ratings
Expense Logging00 Ratings9.11 Ratings
Order Fulfillment Management
Comparison of Order Fulfillment Management features of Product A and Product B
Precoro
-
Ratings
SAP Integrated Business Planning
8.1
2 Ratings
3% above category average
Order fulfillment optimization00 Ratings8.21 Ratings
Return services00 Ratings7.31 Ratings
Purchase order generation00 Ratings7.31 Ratings
Purchase order tracking00 Ratings8.21 Ratings
Supplier delivery scheduling00 Ratings8.72 Ratings
Pricing and product configurations generation00 Ratings9.11 Ratings
Logistics and Transportation Management
Comparison of Logistics and Transportation Management features of Product A and Product B
Precoro
-
Ratings
SAP Integrated Business Planning
8.0
1 Ratings
9% above category average
Packaging00 Ratings7.31 Ratings
Delivery planning00 Ratings8.21 Ratings
Route optimization00 Ratings8.21 Ratings
Shipping performance00 Ratings7.31 Ratings
Fleet management00 Ratings9.11 Ratings
Warehouse & Inventory Management
Comparison of Warehouse & Inventory Management features of Product A and Product B
Precoro
-
Ratings
SAP Integrated Business Planning
8.3
2 Ratings
5% above category average
Automation of warehouse operations00 Ratings8.21 Ratings
Inventory storage00 Ratings8.21 Ratings
Stock monitoring00 Ratings7.32 Ratings
Inventory tracking00 Ratings8.21 Ratings
Warehouse asset management00 Ratings9.12 Ratings
Inventory and price forecasting00 Ratings9.02 Ratings
Demand Management
Comparison of Demand Management features of Product A and Product B
Precoro
-
Ratings
SAP Integrated Business Planning
7.9
47 Ratings
8% above category average
Demand signal sensing00 Ratings8.038 Ratings
Demand forecasting00 Ratings8.345 Ratings
Customer analytics00 Ratings7.831 Ratings
Inventory stock optimization00 Ratings8.433 Ratings
Sales and operations planning00 Ratings8.142 Ratings
Pricing and promotion tracking00 Ratings6.830 Ratings
Best Alternatives
PrecoroSAP Integrated Business Planning
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.9 out of 10
Acumatica
Acumatica
Score 8.9 out of 10
Medium-sized Companies
Esker
Esker
Score 8.1 out of 10
Precoro
Precoro
Score 9.3 out of 10
Enterprises
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PrecoroSAP Integrated Business Planning
Likelihood to Recommend
9.5
(18 ratings)
8.3
(53 ratings)
Likelihood to Renew
-
(0 ratings)
10.0
(3 ratings)
Usability
10.0
(3 ratings)
8.3
(52 ratings)
Support Rating
10.0
(2 ratings)
10.0
(1 ratings)
Implementation Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
PrecoroSAP Integrated Business Planning
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
One of the best parts is how it is suited to global or multi-site organizations with complex supply chains. It just operates across multiple regions with various manufacturing facilities, and that too with very much ease; it is simple, solid and very reliable in terms of working when the logistics is an issue and fetches data and insights very quickly.
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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
  • Comfortable database, it adjusts to what we know how to use.
  • The platform acts quickly, and throws metrics and analysis adjusted to the times we need, thus automating the results.
  • Complete and detailed reports, we can dynamically evaluate all the information.
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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.
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SAP
  • The system does not work as smoothly when processing large volumes of data. There are processing delays when we are busy planning.
  • Moreover, because inventory exceptions are not automatically alerted, employees have to check them manually, which takes extra time. Upgrades in these sections could raise our operational efficiency.
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Likelihood to Renew
Precoro
No answers on this topic
SAP
Very useful. Already have a team that learnt the system and although took a while, they now use it seamlessly
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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
User experience has various issues, from the way to represent data on the Dashboard to complex graphical interfaces for making the right report of something that is easiest to make on other similar platforms. SAP Integrated Business Planning is difficult to integrate into other operating systems and ecosystems. Activity planning, in some cases, is confused, and access is limited if customers or end-users don´t use the platform over the internet using a desktop computer.
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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
Fast reaction specialists available
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Implementation Rating
Precoro
No answers on this topic
SAP
Set up a supply chain strategy. Define your north star. Follow it with good consultants. Get know how from consultants with a deep know how in the system. Do proper change management.
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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.
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SAP
System integration: CPI DS landscape allowed to integrate with the SAP ECC and SAP S4HANA with ease. Ecosystem: As most of the systema were of SAP landscape, choosing SAP Integrated Business Planning has given a sense of confidence. Higher Futuristic roadmaps: SAP Integrated Business Planning had gen AI and AI incorporated roadmap making it more impressive.
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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
  • The biggest positive is improved forecast accuracy; now, I can work in a structured manner to reduce my costs and anticipate demand for the products.
  • Now, one certain item is that the Enhanced Data Quality is helping us a lot in making quicker decisions and a faster work life.
  • The sales and operations teams are aligned now in a much better manner, and work is faster.
  • Planning has become easier and smoother.
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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

SAP Integrated Business Planning Screenshots

Screenshot of SAP IBP Statistical ForecastScreenshot of SAP IBP for DemandScreenshot of SAP Supply Chain Control TowerScreenshot of Supply Chain Visibility