Precoro

A simple and intuitive platform to streamline procurement, purchasing and order management

Pros:

Precoro allows us to simplify and streamline our ordering process, from the statement of requirement to PO validation flow, to vendor management, to invoicing and reconciliation. It is a 100% SaaS platform, so easy to access and no maintenance required.

Cons:

The invoicing piece could be easier to use. If a supplier generates part invoices for an order, it's still a bit awkward to manage if it has not been split properly when drafting the PO. Hopefully the new features such as Service PO and Blanket PO should resolve this.

Excellent Purchasing System for Senior Capstone Design Class

Comments: It has been great. The support for getting the software configured and working for UVM has been amazing.

Pros:

We were struggling to find a software program that was affordable to use in a project based engineering class. Precoro's price structure only charges on a Power User basis and not normal users, so this made it affordable. Precoro is web-based platform that allows students to use their university credentials to easily submit purchase orders for multiple parts from a variety of vendors with some oversight by administrators to approve and place the orders. It does this really well.

Cons:

The comment feature is great within the system, but you only get notified via email that you have a comment. It would be great to have a feature in Precoro that allows you to see comments that are addressed to you within the platform.

School review

Pros:

I like the look in the usability of the system. I also like that you can put vendors in and they Can have access as well to the system.

Cons:

There are a lot of steps to get one task done

A fantastic, easy-to-use procurement software

Comments: No negatives just a very pleasant experience

Pros:

Precoro is very easy to use compared to other procurement/PO software in the market. The UI is clean. I love using the graphs from the 'Reports' to keep track of the spending for my project.

Cons:

Not really a con but with any other new software, there will be a slight leaning curve for first time users jumping into Precoro.

Trying it a few days for free is always a pleasure.

Comments: Saves time and guarantees dependable and simplified performance. Precoro is good.

Pros:

I would like to extend my gratitude to the Developer for their assistance during my initial launching and integration stages. Having opted for the 14 days free trial, I had enough time to learn about the tool and how applicable it would be on my day to day work. I used that time to engage with the help desk who were very committed to assisting me learn more about the tool before I could purchase it. For a while now, Precoro has performed excellently well especially on matching invoices with orders and receipts. I can now assure anyone that Precoro is a secure and reliable software.

Cons:

None. The few minor challenges I faced during implementation were sorted out on the help desk. Everything has worked well ever since.

Precoro Makes Purchasing Easy

Comments: In the short time we have been using Precoro, we have been quite satisfied. Going from a manual process to an online, streamlined process with Precoro has been quick and smooth. The Note and Link options within Precoro have been invaluable in communicating internally so that everyone has full disclosure and gets what they need in a timely fashion.

Pros:

The software is very user friendly by providing at-a-glance statistics, a dashboard to reach the different modules without hassle, and makes it easy for even the most non tech savvy person to understand. We so appreciate the option to make recurring purchase orders in Precoro to save the Purchasing team valuable time and the ease of the RFP process. So far our support staff and clinical team has adapted quite nicely to Precoro with no major issues and are pleased to be able to track the status of their requests without contacting the Purchasing team and taking them off task to find and research orders.

Cons:

The least favorite feature for our Purchasing team is the inability to print a range of purchase orders simultaneously. That option would save extra time, but the speed of downloading the PDF files is quicker than our last platform.

Amazing Streamlined Purchasing with Precoro

Comments: Overall, Precoro has been an excellent tool to streamline our purchasing process. It has saved us a lot of time and allowed us to focus on other important tasks.

Pros:

Precoro has made purchasing so much more efficient for our team! The user interface is intuitive and makes the entire process straightforward. We have also experienced great customer service when we have needed assistance.

Cons:

The only downside is that it takes a bit of time to set up the various settings and preferences that you have for your team.

Great Purchase Management System

Comments: Precoro has solved our purchase management issues flawlessly. I recommend this software to anyone in need of an affordable, user-friendly purchase management system.

Pros:

The UI is incredibly user-friendly and well thought out. It's easy to create new POs/invoices. The customer service has been top notch as well

Cons:

Filtering is a tad bit difficult. I wish there was a search bar to quickly find any PO/Invoice.

Superb tool for controlling purchases and expenses

Comments: The solution is more efficient than manual tracking methods and has helped us to significantly boost our output. It's simple to learn and its cost is low enough that even a startup like ours can afford it.

Pros:

Our company uses Precoro as its procurement system to streamline the formerly manual processes involved in the purchasing process. The company's whole procurement cycle can be managed at the departmental or regional level with the help of this program.

Cons:

Since the PR's accompanying documents and comments did not make it through to the PO, we will need to retype them and attach the documents once again.

Great tool with unmatched support

Comments: The team has been such a joy to work with. They have answered all of our questions and dealt with a lot of changes from our end with speed and efficiency.

Pros:

The software is incredibly easy to use and very customizable. There are constant updates and product enhancements that continue to improve our process.

Cons:

The only con I can see is really just waiting for more integration with the invoicing piece as we are so pleased with the purchasing functionality that we cannot wait to eventually integrate our invoices as well.

Excellent customer service

Comments: Excellent and I would highly recommend this software.

Pros:

The best thing about Precoro is their personalized relationship with their customers, their rapid responses to questions and follow up on things that can be done better. They are very very helpful to us. Customer service and help desk is excellent. Very knowledgeable staff and excellent training for implementation.

Cons:

Expense does not transfer to QB online yet. They are working on this. Budgets are just not the best for us.Reporting is lacking even though they provide every combination of capturing your data and exporting this to excel. It would be ideal if some basic executive style reports were just available for printing by just changing dates, etc.

An ideal tool for automating material approval and purchasing procedures

Comments: Using Precoro helped us to organize and manage the process of approving materials, preparing requisitions, and tracking approvals through all stages, and the automation available in Precoro helped us to complete all these jobs as well as obtain comprehensive records and reports with minimal effort.

Pros:

It's great how Precoro tools enable us to track purchases in full detail, from the approval stage of materials to the delivery of materials to the site. Much appreciated Precoro's records include all submission and approval dates as well as notes taken by all parties. It is easy to send requests to get quotes and also send them to the responsible members to choose the appropriate ones. After obtaining approval, we can send a purchase request, update the status, and confirm the date of arrival of the materials on the site. It is also good that Precoro allows tracking of vendor payments so that we can monitor all related operations in the smallest detail.

Cons:

Precoro is a great tool, almost flawless, and very easy to use. The support team is great, and thanks for being so responsive and able to guide us properly.

Precoro is just what Orkidstudio Ltd needed!

Comments: Precoro has been very helpful with budget tracking; we are able to tell at any one time the status of any one budget thus make solid and on time decisions. Supplier management has also been a plus, its possible on a click of a button to tell the status of supplier accounts, even more helpful with credit accounts - reporting on aged creditors is more accurate and cash-flow projections easier to project. The 3 way document match of the PO, Goods Received Note and the Supplier Invoice has also reduced errors at the Accounts Payable desk. Paper-printing has been reduced by a huge margin, Approvals done not only promptly but accurately. It is definite we are a more efficient Supply Chain team since we logged onto Precoro! Thankyou!

Pros:

Precoro offers a start to end procurement solution - its a software that manages our inventory catalogue, through which user departments would log in their purchase requests, prompt approvals online both at Purchase request and Purchase Order level, monitor budgets, and monitor receipt of goods by user departments and invoices for suppliers by the Accounts Payable department. It has a supplier management module which has proved helpful most especially with management of supplier credit accounts.

Cons:

We are yet to figure out the integration of the software with Quickbooks online to ensure a seamless functionality of the software across the board for the Procurement and Finance teams.

more effective overall procurement process

Pros:

Precoro mobile web version and approval from email allow me to do it from everywhere. In addition, we now know in real-time how much we're spending on each budget.l In just a few weeks using precoro we saw tremendous improvement in our process, especially around budgets and approvals. We use Quickbooks for accounting but it was a struggle because we didn't know how much was left in a specific budget and if it's okay to approve a request or not. It wasn't very easy for us. We were looking for many different solutions, but many services were unfriendly or didn't have all the functionality we needed. I'm so happy that we've found an excellent automated, integrated QB solution - Precoro!

Cons:

We have 2 people who make PO and separately approvers. They constantly need to revise PO and increase the amount through tolerance rate for receiving. It is very often the case that one creator is hired, and another can do it. but he hasn't a revised button because he is not in the approval flow.

the most valuable procurement software

Pros:

Comprehensive procurement features: This software provides a wide range of procurement features that cover the entire procurement process, from requisition to purchase order creation, supplier management, and invoice processing. Precoro's feature set allows you to streamline and automate your procurement workflow, saving time and reducing errors.

Cons:

Implementing new software requires a learning curve for users, which might take time and effort. Employees may need training to understand how to use the software effectively and adapt to new workflows.

Individual approach to each customer

Pros:

Problem #1 solved by Precoro is the difficulty of tracking the budget in real-time. With Precoro, it became possible to make it work well. Problem #2 - manual entering of information in Quickbooks. This accounting system is well, but manual entry took time. Integration was a perfect decision for us. Problem #3 - difficult to track the status of the approval. Automatic changing of status after opening mail and clicking one approval button in Precoro is perfect for us. And Precoro’s Customer Success Team is excellent. I’m not sure that big companies provide the type of individual support that Precoro does. For these reasons and many more, I suggest Precoro over and against any larger SAAS company.

Cons:

In the PO report, there are fields in which it is difficult to orient what it concerns in general info. But it's a minor con. We're satisfied with all the functionality.

Excellent product with a great team backing it

Comments: We had a great implementation and also enjoy using the software on a daily basis. It's easy to maintain and set up. But most of all, the Precoro team - managers and support - are always willing to help and listen - which adds a lot of value.

Pros:

I like the customisable workflow for approvals. It has grown a lot since inception and you now have a lot of flexibility. I like the custom fields on a document or line level and I appreciate the easy to use in interface. It's really easy to train users on it and support is really quick in addressing any issues that might arise - whether a bug (very few of those experienced - none in the last 12 months) or user error.

Cons:

In the beginning, it didn't meet all our requirements. But the team listened and implemented all of our suggestions and they are now available to all users - so we're very pleased.

Precoro... a great financial tool!

Comments: Excellent tool for the management of Purchase Orders and Invoices.

Pros:

The ease of use and the reports that are produced.

Cons:

Occasional failures in access, and in the data boxes.

getting organized with purchasing process

Pros:

Thanks to Precoro, Revenue Grid could speed up approvals and be sure not to go beyond the budget. QuickBooks integration was a key factor for choosing Precoro. We bought Concierge Setup and the Precoro team transferred all data and set up settings by themselves. The onboarding process was fast. Each user efficiently uses software at work. I like that the company can set up budgets for pretty much everything: projects, categories, locations. Besides this, a great function we noticed is limiting what each user can see and which modules use in the system. I rate Precoro 5 stars because they always listen to our needs, and even if something goes wrong - they help us solve this. I have to compliment [SENSITIVE CONTENT HIDDEN]. She knows the service very well and answers right away. Each PR has its own number created automatically and can be customized. I like simple UI, very easy to use Precoro!

Cons:

I really like everything about the software.

Precoro Assessment

Comments: It helps un filing without papers

Pros:

Precoro help us to reduce paperwork and facilitate us procurement management since requesting up to ordering

Cons:

When we meet problems during processing, you are ready to help us and the feed back comes quickly

I highly recommend Precoro for its great analytics and reports

Comments: We use Precoro in our 4 offices to analyse all the spendings around the company. Precoro helps us to track all the spendings, beginning with office purchases and ending with Internet connection.
Each employee has his own Precoro account and they make purchase requests, that I approve and send to suppliers directly from Precoro.
The most useful feature for me as the responsible purchaser is great spend analytics and reports.

Pros:

Our employees really like simple and pretty catalog of goods and services that they can request. Analytics helps me to report CFO about our spendings any time. I think, that the time I spend from making a request to buy and pay bills has decreased and there's a bit less chaos in making purchase request - now they use only Precoro, instead of email, paper, phone etc.

Automated to control the expenses and help us to work from anywhere.

Pros:

I really love the precoro soft, I enjoyed using this soft that is helping us to control and manage the company expenses, order, vendor, etc.

Cons:

Raising PO, Warehouse requests, Precoro company system admin, and the system access right modification.

The easy utilizing system combined with getting spend under management so fast

Comments: One of the great things about Precoro coming onboard at ……….. was the ability to offer a solution to get spend under management immediately. The adoption has been phenomenal with respect to people being able to utilize the system with little or no training

Pros:

Precoro is a very business-friendly system and easy to use. It cuts down on the time that it takes to get a requisition approved and get the order into the system.

Cons:

I’m not sure if it’s a con but Precoro didn't have a direct connection with Acumatica so we needed to set it up through their API

Review for Precoro

Pros:

Precoro is very easy to use software and very intuitive. The customer service is great! The end user on boarding is super fast and easy. We handed over to Olena a list of all the missing features we had and I sincerely feel that Precoro takes it under their consideration and do the best to deliver the missing features as soon as they can.

Cons:

One thing that in my opinion Precoro is missing is an integration with SAP (which is a software that a lot of company uses).

Happy with Precoro.

Pros:

friendly and easy to use. Over all I'm very happy with the system.

Cons:

Sometimes the system is slow. Over all I'm very happy with the system.