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Overview

Precoro simplifies procurement by centralizing purchase orders, approvals, and budgets. While the initial setup can be time-consuming, especially for teams without defined workflows, its automation features and real-time tracking tools provide strong value for growing companies looking to reduce manual work and improve purchasing accuracy.

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Overall Rating

Based on 6 users reviews

4.8

Rating Distribution

Positive

100%

Neutral

0%

Negative

0%

Starting Price
Custom

Precoro Specifications

Policy and Document Management

Risk Assessment and Mitigation

Regulatory Compliance Tracking

Audit Management

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What Is Precoro?

Precoro is a cloud-based procurement software designed for small to mid-sized businesses and growing enterprises across various industries, including retail and services. It helps companies gain control over purchasing, approvals, and spending by replacing outdated manual processes with streamlined digital workflows. Organizations use the software to improve transparency, reduce errors, and ensure compliance with internal procurement policies. By addressing common challenges such as scattered purchasing data, slow approval cycles, and limited budget oversight, Precoro enables more efficient operations.

Precoro Pricing

Precoro pricing includes the following three plans:

  • Core: Starting at $499/month
  • Automation: Starting at $999/month
  • Enterprise: Custom pricing
Users can request a quote for the plan that best suits them.

Disclaimer: The pricing is subject to change.

Precoro Integrations

Precoro software seamlessly integrates with various applications, including:

Watch a free Precoro demo to learn more about its integrations.

Who Is Precoro For?

The software is designed for businesses of all sizes across various industries, including:

  • Healthcare
  • Technology
  • Education
  • Hospitality
  • Biotech
  • Renewables
  • Non-Profit

Is Precoro Right For You?

If your business is looking to reduce manual tasks, cut down processing time, and minimize costly purchasing errors, Precoro could be a strong fit. It enhances budget control, enforces policy compliance, and promotes team accountability. With clear workflows and real-time visibility into spending, Precoro offers a reliable solution to streamline procurement and strengthen financial oversight across departments.

Still not sure if Precoro is right for you? Contact our customer support team at (661) 384-7070 for further assistance.

Precoro Features

The software creates purchase requests or RFPs via custom forms and catalogs, routes them through approval workflows, and automatically converts approved requests into purchase orders. Everything, from tracking statuses to attaching documents, stays centralized, which reduces manual errors and speeds up procurement cycles.

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Precoro designs approval workflows tailored to documents, departments, and thresholds. You can build multi-step, parallel or sequential approvals, trigger notifications via Slack or email, and maintain full audit trails for compliance. All of this is done without coding, giving businesses precise control over their procurement oversight.

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The software leverages AI-powered OCR to capture invoice data, route invoices for approval, and automatically matches them against corresponding purchase orders and receipts. This ensures accuracy, avoids duplicate payments, and accelerates payment cycles while providing visibility into discrepancies before funds are released.

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The platform monitors and enforces budget limits with progress bars, alerting users when a purchase risks exceeding allocated funds. Precoro’s dashboards offer real-time spending insights that help teams identify cost-saving opportunities, track trends by supplier or department, and support smarter decision-making.

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The Precoro mobile app (iOS and Android) enables users to create requests, review approvals, track purchase orders, and collaborate from anywhere. This mobility ensures procurement doesn’t stall when staff are offsite, making workflows faster and more flexible.

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Pros And Cons of Precoro

Pros

  • Intuitive and easy to learn for both finance and non-finance users

  • Centralizes purchase requests, orders, and approvals

  • Responsive, helpful, and knowledgeable customer support

  • Customizable multi-step processes improve compliance

  • Streamlines routine tasks through basic automation

Cons

  • Users have experienced lag or slow loading

  • Lacks deeper workflow automation for complex needs

  • Poor inventory management, not ideal for stock replenishment, based on user feedback

Precoro Reviews

Total 6 reviews

4.8

All reviews are from verified customers

Rating Distribution

5

Stars

83%

4

Stars

17%

3

Stars

0%

2

Stars

0%

1

Stars

0%

Share your experience

A

Anonymous

Mid Market, 51-100 employees

5.0
December 2024

Excellent Partnership Experience

Pros

The build team was incredibly accessible and kind, they quickly find efficient solutions for all our needs.

Cons

Some features can't be customized, though we managed to find workarounds for most limitations to keep things simple for our workflow.

Rating Distribution

Ease of use

8

Value for money

10

Customer Support

7

Functionality

9

FM

Frank M.

Small Business, 11-50 employees

5.0
October 2024

Smooth Integration with User-Friendly Design

Pros

I really appreciate how this tracks everything from procurement all the way through to generating reports and it makes the whole workflow much more transparent and manageable.

Cons

The invoice approval process for AP inbox items created from pictures still needs work and there's no approval option available for these entries.

Rating Distribution

Ease of use

8

Value for money

10

Customer Support

9

Functionality

9

LB

Luan B.

Small Business, 11-50 employees

4.0
September 2024

Solid vendor management solution

Pros

It really streamlines our vendor and expense workflows without breaking the bank. The cloud-based setup was practically plug-and-play and the interface feels simple right from the start. We've cut down our processing time significantly while tightening up our internal controls at the same time. Can't say enough good things about how smoothly the whole implementation went.

Cons

The contract management features aren't standalone which can be limiting. While the software keeps evolving with better functionality, some areas still need improvement for a more complete experience.

Rating Distribution

Ease of use

9

Value for money

10

Customer Support

9

Functionality

9

Frequently Asked Questions

Precoro offers phone support, email, chat, FAQs and Knowledge Base.

Typical users of Precoro software include professionals and teams from industries such as healthcare, retail, education, manufacturing, and more.

Precoro cost starts at $499 per month for the Core plan, while the Automation plan begins at $999 per month. For businesses with advanced needs, the Enterprise plan offers custom pricing. A personalized quote can be provided upon request.

Yes, Precoro has a mobile app.

Yes, Precoro offers an API.

Precoro software seamlessly integrates with popular applications such as QuickBooks, NetSuite, Xero Accounting Solution, Sage Intacct, Sage 300cloud, Power BI, and Slack Software.

Precoro supports English.