What is Precoro?
Precoro is a cloud-based solution for procurement centralization & automation. It unifies your procurement operations, eliminates manual work, prevents maverick spend and drives savings โ faster than you think. Save 5% of every dollar spent by centralizing procurement data, identifying cost-saving opportunities, and eliminating duplicated payments. - Procurement: Build stronger relationships with suppliers, store contracts, and simplify requests for employees. Gain full visibility into spending, manage POs, orchestrate approval routings, and collaborate with suppliers in one tool. - AP Automation: Save time at each stage of invoice processing with AP inbox, AI-powered OCR, approval workflow, 3-way matching, reporting, integrations, and budget control. - Spend Management: Seamlessly navigate budgets across locations and departments, manage expenses, and generate reports for insightful analysis. Monitor budget usage to leverage data-driven insights that enhance business profitability. - Supplier Management: Automate vendor onboarding and approval to mitigate possible risks. Utilize a supplier portal for efficient communication and manage supplier information in a centralized repository. - Connect Precoro with ERP systems and business tools like NetSuite, QuickBooks Online, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling. Precoroโs intuitive interface ensures onboarding in under 6 weeks - without IT involvement. Customize, scale, and manage with ongoing support from your dedicated Customer Success Manager (CSM). Keep all your data secure with SSO and reliable 2-factor authentication. Our privacy compliance program aligns with the General Data Protection Regulation and the California Consumer Privacy Act. Moreover, Precoro is SOC 2 Type II compliant, ensuring the utmost protection for all your sensitive data.
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Precoro Reviews (139)
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- โ โ โ โ โ 5
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Review Summary
Generated using AI from real user reviews
Precoro earns overwhelming user approval as a streamlined purchasing platform, with 48 of these 50 reviews giving it a perfect 5-star rating.
Users consistently praise the software's ease of use and intuitive interface, noting that teams adopt it quickly with minimal training friction. The approval workflow automation and ability to track purchase orders end-to-endโfrom requisition through paymentโare standout features. Many highlight strong customer support as a key differentiator; the team is frequently described as responsive, patient, and proactive in helping users learn the system. Report customization and integration with accounting tools like QuickBooks are valued by finance-focused users, as is the cloud-based access that enables remote approvals.
On the downside, several recurring issues emerge. Users report frustration with missing attachments and notes when converting purchase requisitions to purchase orders, requiring manual reattachment. Search and filtering capabilities are limitedโfinding specific items or past orders is harder than users would prefer. The software lacks some operational features: no batch printing of POs, weak inventory management, and limited customization around signatures and field layouts. A few mention occasional performance slowness and difficulty integrating with other systems beyond QuickBooks.
Most criticisms are relatively minor, and dissatisfaction appears context-dependent rather than systemic. The product resonates strongly with small to mid-sized businesses seeking affordable, user-friendly procurement control.
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Wednesday, April 28, 2021
โโHappy to use exactly Precoro!โ Overall: Precoro helped us: avoidโฆโ
โHappy to use exactly Precoro!โ Overall: Precoro helped us: avoid misunderstandings and determine our organization's financial obligation; enhance well-run operations; make business painfully easy to keep track of expenses. Pros: We could upload the list of suppliers and store all the data about them in a few minutes, including information about their like account managers' contact details. Now we can send them the orders automatically directly from the software. We like that we can extract any data for reports. There are more than 120 different data points within the system - for example, all the suppliers' items we've purchased. We've been using this product for about two years and have enjoyed seeing it improving into what it is today. Guys temporarily add new functions to the system for improvement of functionalities and make this without additional fees for us. Cons: There were minor problems, but we've quickly solved them with our support manager.
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Thursday, April 22, 2021
โโThe best of its kindโ Overall: We didn't control POsโฆโ
โThe best of its kindโ Overall: We didn't control POs at all, and it was very manual. Precoro is a great procurement software for making requests, approving them, raising orders, and getting analytics on them. We got everything we were looking for, and we can rely on Precoro due to its excellent quality and support. I recommend these guys for all companies which want to simplify the purchasing process and get a more transparent budget analysis Pros: 1. A beneficial visual representation of the budget information. 2.User-friendly design and best form of supply chain digitization. 3.Reference each PO by looking it up in the search box by PO number. Cons: Sometimes not all text is displayed. Although when I loaded information, the system saved all I entered. It would be better to show restrictions on the number of entered characters, like '0/250', so that you can immediately see how many characters are left.
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Wednesday, April 21, 2021
โ"Efficient and intuitive system" What do you like best? 1)โฆโ
"Efficient and intuitive system" What do you like best? 1) detailed visibility into organizational spend 2) easily generating spend reports 3) finance team now has greater visibility into their procurement budget and can better plan for future spending. What do you dislike? Everything works great, this product is very useful in our work. Recommendations to others considering the product: We wanted to lay the foundation for future success by using a comprehensive business spend management platform that included not only procurement but also contracts, invoicing, expenses, and analytics. We chose Precoro for its suite of capabilities, accelerated time-to-value, and intuitive processes. What problems are you solving with the product? What benefits have you realized? Now 90% of P.O.s to vendors sent electronically + we can see and manage our spend more reasonable and holistically.
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Wednesday, April 21, 2021
โโThe company we can rely onโ Pros: Until Precoro, weโฆโ
โThe company we can rely onโ Pros: Until Precoro, we used excel & email to create and track requests. There were often delays in delivering goods to the project site. The procurement manager didn't understand whether the goods have already been delivered. It wasn't easy to track the approval status of requests by mail. There weren't clear reports on spending. Now we have automatically generated reports, which are made from a lot of custom fields. That's an excellent ground to control your spending. We got rid of excel, and procurement managers are satisfied with simplifying their work. Tracking invoices during all levels of the cycle is one of my favorite features. The customer support team is supportive and very kind. Cons: I would like to see the PO details on the side, but I still need to open each PO to see our cost centers. It would be better if PO details are added to the side view. That would keep me from having to open each PO and maneuver back to the dashboard each time.
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Tuesday, April 13, 2021
โ"Great tool for our business" What do you like best?โฆโ
"Great tool for our business" What do you like best? We love automatic supplier sending, which saves Netpeakโs time. Precoro is the best tool with the features we need, and the price is affordable. What do you dislike? The app would be more convenient, but anyway, we like UI. Recommendations to others considering the product: Some other systems which we explored are more expensive and can offer fewer functions. I recommend using Precoro - a combination of affordable price and good functionality. What problems are you solving with the product? What benefits have you realized? Before we started using Pre?oro, we needed to create an individual purchase order in a PDF file for each vendor and send it by email. We decided to find a tool to simplify our lives. Everything worked terribly, and with the help of the software, we wanted to start to track budgets adequately, find savings opportunities, and have explicit approval routing. Now we can easily purchase goods; POs generate instantly from requests or scratch.
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Friday, April 9, 2021
โโWe got everything we needed and even moreโ Pros: Weโฆโ
โWe got everything we needed and even moreโ Pros: We had a system for tracking direct purchasing, but we faced increased demand for purchasing supporting materials - packaging, warehouse goods, shopping goods, ripping, and no system for these needs. There were difficulties with tracking the number of goods in the warehouse and processing requests from the warehouse and shops - there were sent by mail, etc. Now we have a great multi-user platform that serves our 100 employees well. We track all our requisitions and purchases for raw materials, intricate parts, that are procured daily from over 50 suppliers around the globe. Precoro is easy to learn and use, the features we need are built-in, and we didn't have to do a lot of customization! Cons: Great program. I haven't had any issues with using Precoro.
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Monday, April 5, 2021
โ"WONDERFUL PURCHASING TOOL" What do you like the best? Oneโฆโ
"WONDERFUL PURCHASING TOOL" What do you like the best? One of the best parts is that the purchase requisition goes directly to the supplier upon approval without any troubles. And this's a great function to have multiple companies set up under the same account. It helps that we can manage different entities in one account. What do you dislike? I don't have any other significant concerns. Recommendations to others considering the product: It gives you flexibility and control over your purchasing process, which`s especially important when your organization evolves quite fast. What problems are you solving with the product? What benefits have you realized? Paperwork was time-consuming. We had to transfer papers from person to person. We were looking for a more trackable and time-efficient method, which helped us evaluate the purchase process's errors. After a product demo, we decided that it fits our needs the best. Today we use Precoro daily and have improved efficiency in purchasing processes.
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Monday, April 5, 2021
โPros: Spray Agro started with a mix of solutions forโฆโ
Pros: Spray Agro started with a mix of solutions for managing procurement. We had several systems, but they were disjointed and didn't allow for a comprehensive view of spend or enforce compliance. We still lacked overall business spend data and information around contracts to make strategic decisions quickly. We chose Precoro for its user-centric nature. We wanted adoption to be easy for employees, so decision-makers could quickly realize the benefits of increased visibility. Precoro's efficient solution plus hard work from our team has resulted in significant time savings. The P.R. to P.O. process now takes less than a day. We've really seen the powerful benefits of information flowing seamlessly end-to-end on the platform. Cons: It took time to connect our accounting software to Precoro through open API, we thought it would be easier on our side.
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Monday, April 5, 2021
โ"Spray Agro started with a mix of solutions for managingโฆโ
"Spray Agro started with a mix of solutions for managing procurement. We had several systems, but they were disjointed and didn't allow for a comprehensive view of spend or enforce compliance. We still lacked overall business spend data and information around contracts to make strategic decisions quickly. We chose Precoro for its user-centric nature. We wanted adoption to be easy for employees, so decision-makers could quickly realize the benefits of increased visibility. Precoro's efficient solution plus hard work from our team has resulted in significant time savings. The P.R. to P.O. process now takes less than a day. We've really seen the powerful benefits of information flowing seamlessly end-to-end on the platform."
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Tuesday, March 30, 2021
โ"Great results with Precoro" What do you like best? Theโฆโ
"Great results with Precoro" What do you like best? The Precoro team is just amazing to work with. Any questions we had were answered immediately, and the overall project management from the Precoro side was just excellent. I think Precoro is definitely focused on their customersโ success. They worked with us every step of the way throughout the entire implementation. What do you dislike? It will be great to have an application. What problems are you solving with the product? What benefits have you realized? Precoro allowed eSputnik to make changes very easily, customizing it with new data fields anywhere we had different requirements. It was done without any trouble with their perfect custom success team! Now, 90% of all invoices are processed electronically and 60% of e-invoices submitted via suppliers, that's a huge success for us!


