Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Precoro
Score 7.0 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,…
$2,988
per year
Tradeshift Go
Score 8.0 out of 10
N/A
Tradeshift Go is a virtual credit card, serving as a procure-to-pay solution supporting real-time collaboration and employee requesting and purchasing, as well as spend tracking.N/A
Pricing
PrecoroTradeshift Go
Editions & Modules
Core
$249
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
No answers on this topic
Offerings
Pricing Offerings
PrecoroTradeshift Go
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
PrecoroTradeshift Go
Top Pros

No answers on this topic

Top Cons
Best Alternatives
PrecoroTradeshift Go
Small Businesses
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
BILL Spend & Expense
BILL Spend & Expense
Score 8.9 out of 10
Medium-sized Companies
Esker
Esker
Score 9.0 out of 10
Lola.com
Lola.com
Score 8.0 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.8 out of 10
GEP SMART
GEP SMART
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
PrecoroTradeshift Go
Likelihood to Recommend
9.6
(16 ratings)
8.0
(2 ratings)
Usability
7.3
(1 ratings)
-
(0 ratings)
Support Rating
9.1
(1 ratings)
-
(0 ratings)
User Testimonials
PrecoroTradeshift Go
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.
Read full review
Tradeshift
Tradeshift Go is a great product for companies who wish they could give corporate cards to the mass, without having to give a physical card due to risk. We are able to provide all of our office the convivence of having a corporate card without actually giving them a physical card that can be stolen, or misused. Each transaction must be approved and you can have full control over each aspect.
Read full review
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
Read full review
Tradeshift
  • Allows a approval process to ensure directors are aware of the issue and expense.
  • Allows uploading of receipts to have everything in one spot.
  • Allows multiple users access and tracking availability.
Read full review
Cons
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
Read full review
Tradeshift
  • Full ERP integration
  • Initial set-up structure coaching
  • Easier reporting and in-depth review
Read full review
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.
Read full review
Tradeshift
No answers on this topic
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.
Read full review
Tradeshift
No answers on this topic
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
Tradeshift
The ease of use and monitoring capabilities is why we chose Tradeshift.
Read full review
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.
Read full review
Tradeshift
  • Transparency of spending from offices
  • Ability to view types of purchases
  • Earn points from Credit Cards on most purchases
Read full review
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