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Precoro Review (2024): Pricing, Pros & Cons

Precoro: Empowering smart spending for companies. Request, approve, order, control - enhance transparancy and predictability in your company's spending workflows.

Ease of Use
Value For Money
Customer Support

What is Precoro?

Precoro offers cloud-based procurement software designed to simplify purchasing procedures for both small and medium-sized businesses as well as large enterprises. Its notable functionalities encompass generating and dispatching purchase orders, managing blanket purchase orders, providing visual analytics regarding departmental expenditures, facilitating billing processes, enabling real-time budget monitoring, managing receiving operations, conducting three-way matching, and overseeing catalog management with product links.

Furthermore, Precoro presents an extensive array of features such as seamless integration capabilities with NetSuite and Quickbooks, along with a complimentary API. Users benefit from robust security measures including Single Sign-On (SSO) and dependable two-factor authentication, ensuring the protection of their data. Additionally, Precoro enhances transparency within the procurement workflow through automated reporting mechanisms.

Precoro Company Details

Precoro, founded in 2015 and led by CEO Andrew Zhyvolovych, is headquartered in Brooklyn, New York. With a team of 51-100 employees, Precoro specializes in providing innovative procurement solutions to businesses globally.

Company Name: Precoro

CEO Name: Andrew Zhyvolovych

Est Year: 2015

Employees: 51-100

HQ Location: Brooklyn, New York, United States

Andrew Zhyvolovych

Precoro Demo & Media

Precoro Top Features

Budget Management

With this feature, users can effortlessly monitor their budget and expenses in real-time.

Vendor Management

This feature in Precoro simplifies vendor and supplier management. It helps businesses maintain a central vendor database, track supplier performance, and automate purchase orders and invoices.

Workflow Automation

This Precoro feature automates procurement tasks like creating purchase orders, processing invoices, and approving payments

Precoro Expenses

This module in Precoro prevents chaos in corporate spending and simplifies employee expense reimbursements with just a few clicks.

Supplier Registration Form

This feature allows users to invite an unlimited number of suppliers and send them personalized registration forms.

User Management

Users can manage access restrictions, implement two-factor authentication for enhanced security, and oversee multiple currencies, offices, and countries all within a single account.

Supplier Management

In Precoro, users can establish and oversee a supplier portal and list, create unlimited product catalogs, handle contracts, maintain contacts, and access reports on supplier performance.

Precoro Inventory

Precoro provides functionality for warehouse management, tracking stock levels, and facilitating stock transfers.

Precoro Integration

Precoro offers seamless automatic integration, automatically matching fields for flat-file integration. It also integrates effortlessly with popular accounting software such as Xero, NetSuite, QuickBooks, and others.

Purchase Orders

With Precoro, users can automate the creation of purchase orders, attach files, and export POs effortlessly.

Pros of Precoro

  • Easy setup, user-friendly design, and excellent support – particularly suited for non-finance managers
  • Effective search function – which makes it easy to locate other users’ purchase orders
  • Large database with 150+ unique data points used to create custom reports and export files
  • Fast report creation and Excel download feature
  • Outstanding customer service – professional, patient, and dedicated
  • Cons of Precoro

  • May suddenly stop working and require a system restart to fix the problem
  • Time-consuming setup process
  • Lacks some essential permission settings – making it challenging to manage across large teams.
  • Precoro Pricing

    Precoro offers flexible pricing plans tailored to various team sizes. Their Smaller Teams plan, priced at $38 per month, is perfect for teams with less than 20 users. For larger teams exceeding 20 users, Precoro provides custom pricing options to meet specific needs. Additionally, users can explore Precoro’s features risk-free with a 14-day free trial. With its scalable solutions and trial offer, Precoro ensures businesses find the right fit for their procurement needs.
    Smaller Teams (Less than 20 users)
    Yearly Billing: N/A
  • Direct integration with QuickBooks or Xero
  • Unlimited custom fields & workflows
  • Standard onboarding and support
  • Multi-departments / projects
  • Unlimited document storage
  • Amazon Business Punch-in
  • Multi-currencies
  • Lifetime updates
  • 3-way matching
  • Multi-locations
  • Larger Teams (More than 20 users)
    Individually Tailored Pricing
    Individually Tailored Pricing
  • Direct integration with QuickBooks or Xero
  • Unlimited custom fields & workflows
  • Standard onboarding and support
  • Multi-departments / projects
  • Unlimited document storage
  • Amazon Business Punch-in
  • Multi-currencies
  • Lifetime updates
  • 3-way matching
  • Multi-locations
  • Precoro Price Comparison

    Compare price of Precoro With some of the top competitors.
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    What Kind of Support Precoro Offers?

    Precoro offers extensive support options including 24/7 Live Chat and Email, Social Media engagement, Forum & Ticket support, Tutorial Videos, Phone assistance, and Webinars.
    Email Support
    Live Chat
    Social Media
    Forum & Ticket
    Tutorial Videos & Documentation
    Phone Support

    Precoro FAQs

    Precoro caters to a variety of users and organization types including mid-sized businesses, small businesses, enterprises, nonprofits, and startups.
    Precoro offers training through documentation, live online sessions, webinars, in-person sessions, and video tutorials.
    Is there a free trial available for Precoro?
    Precoro supports the following languages: English, French, German, and Spanish.
    Yes, Precoro offers a mobile app for iPad, Android, and iPhone devices.

    Platforms Supported

    Review Method

    At BeginDot, we go through each product in detail so that we can prove the most authentic information to our audience. We try the products, go through documentation, do research in user sentiments before adding our final recommendation. 

    Affiliate Disclosure: BeginDot is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

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