Precoro Reviews & Product Details

Precoro Overview

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 — 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 navigates budgets across locations and departments, manages expenses, and generates 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, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling. Precoro’s intuitive interface ensures painless onboarding without IT involvement. Customize, scale, and manage operations 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.

Precoro Details
Product Website
Languages Supported
German, English, French, Spanish
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Product Description

Precoro is a Spend management solution that help companies control their spendings and generate savings it empowers businesses to manage direct and indirect company spending and streamline the purchasing process.

How do you position yourself against your competitors?

More reasons to love us:

- Fastest time-to-value. Get Precoro up and running in 2 to 8 weeks. Boost operational efficiency and achieve cost savings within the first few months of usage, and let Precoro bring value to your company.

- Mobile-first for field people. Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand.

- Ease of Use. Forget about complicated and harrowing platforms. With Precoro's user-friendly interface, you'll integrate all company's operations within 2 weeks.

- Lifetime Support. We offer advice and support you can rely on for years. No chatbots, no long waits for calls, no extra costs. 96% of questions are answered within 2 hours. We aim to be your last stop in the search for a procurement solution.


Seller

Precoro

Description

Precoro is a cloud-based solution for procurement and AP automation. We empower companies from more than 80 countries (USA, UK, Europe, and Asia) to transform their purchasing experience, increase business efficiency with digitization, and simplify complex day-to-day operations. Precoro provides procurement and finance managers with the ability to replace paperwork, centralize purchasing, improve spending visibility, and prevent human factor mistakes. We're breaking the stereotype that purchasing software is expensive, hard to implement, and unfriendly to users. With Precoro, companies discover how easy procurement can be. No matter what business area or size they are related to.

Overview Provided by:

Precoro Integrations

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Verified by Precoro

Recent Precoro Reviews

NA
NOORMOHAMMED A.Small-Business (50 or fewer emp.)
5.0 out of 5
"Time Saving Tool."
Below are the reasons I love and recommend others to get Precoro: 1. Attaching pictures, invoices, etc. 2. Customize PO approval process 3. Invo...
Verified User
A
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"Precoro is A to Z"
Allows us to streamline finance approvals by role, threshold, etc. Customizable fields and a simple user interface that covers what we need. We int...
Mariela D.
MD
Mariela D.Mid-Market (51-1000 emp.)
5.0 out of 5
"Simplest way to order supplies!"
Precoro is a very easy way to create orders for different departments.

Precoro Media

Precoro Demo - Dashboard
Monitor your spending progress and see what is left to do with the informative dashboard.
Precoro Demo - Purchase Order/Request Approval
Digitize and organize documents in one collaborative space. Track all purchasing activities across multiple projects and collaborate on the same documents from any device.
Precoro Demo - Budget Management
Set up budgets for each location, department, or project. Get full visibility over corporate spending. Visualize the overall spending status with progress bars and pie charts for future decisions.
Precoro Demo - Powerful reporting
Get insights into your business operations through visual analytics and detailed real-time reports.
Precoro Demo - Item Catalog
Store suppliers' information in one place and collaborate with them directly via Precoro. Monitor the most profitable offers using an item catalog and never miss the best deals.
Precoro Demo - Flexible Configurations
Choose any module combination you want to work with. Customize approval workflow, budgets, reports, and more. Make changes as you see fit.
Play Precoro Video
Interactive Demo
Try an interactive demo created by the software seller (right here on G2).

Official Downloads

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170 Precoro Reviews

4.7 out of 5
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170 Precoro Reviews
4.7 out of 5
170 Precoro Reviews
4.7 out of 5

Precoro Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Ivan I.
II
Senior Accontant
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Precoro?

From my accounting perspective, as Senior Accountant, Precoro system simplifies procurement for my team by automating purchase approvals and budget tracking, ensuring compliance and financial control. Its real-time reporting provides clear insights into expenses, helping all our teams stay within budget. It has good integrations and accurate invoice matching, it helps minimizing errors and saves time on reconciliation periods. Precoro is easy to implement, backed by responsive customer support, and designed for frequent use, making procurement seamless and efficient. Overall, it is good for optimizing financial workflows, making purchasing more transparent and efficient in a lots of ways. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Overall experience is good, but of course, there are areas that could be improved. Regular updates makes it a bit hard to process exports linked to system easily. However, this is not bad thing overall. Additionally, occasional lags can slow down operations. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Precoro streamlines invoice processing by automating matching and approvals, reducing manual errors and speeding up payments. Its structured approval workflow ensures transparency and accountability. The overbudget review feature helps control spending. Together, these tools enhance accuracy and financial control. Review collected by and hosted on G2.com.

WG
Admin Assistant
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Precoro?

Makes it easy to order items for the office/apartment building. Items are categorized and can be found easily for reordering. I use Precoro daily to manage purchase orders. Previously I used another system that was very difficult to understand but I've been able to ease into into this Precoro so much faster. Literally the program is completely self explanatory. I've only had to call customer service once and the call was pretty fast. It was in regards to the app version freezing but that issue was literally taken care of withing minutes. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Here and there; the app version has froze a bit during data entry. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Precoro has made managing different account for vendor very simple. It's all in one place Review collected by and hosted on G2.com.

NA
Assistant Financial Controller
Small-Business(50 or fewer emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Precoro?

Below are the reasons I love and recommend others to get Precoro:

1. Attaching pictures, invoices, etc.

2. Customize PO approval process

3. Invoices paid from QBO communicates to Precoro which helps managers know payment status without having access to QBO or email AP.

4. Comments and notes - Powerful tool that sends to managers email which is responded in a timely manner. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

If Precoro had tool(s) to keep track of inventory, that would be a cherry on the cake. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Saves time as approval can be done using computer or smart devise. Review collected by and hosted on G2.com.

Lisa M.
LM
Senior Buyer - Commodity Specialist/Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Precoro?

What I appreciate most about Precoro is how easy it is to use for both end users and administrators. Its versatility allows it to adapt to any procurement model or approval flow, making it a great fit for various organizational needs. The email reminders for approvers are particularly helpful in keeping processes on track.

Having been involved in implementing and administering the software, I found it straightforward and requiring very little maintenance. It even offers more features than we needed, which is a wonderful bonus. Additionally, its seamless integration with our other systems has been a huge plus.

Lastly, the customer support team has been incredibly responsive, even with time zone differences. They’ve gone above and beyond by proactively reaching out to inform us about new features that could benefit us.

Overall, Precoro has been a fantastic tool, and I’m happy to recommend it. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

The only thing I would suggest for improvement is the billing process. I would prefer to receive invoices to pay directly, rather than having the billing housed within the software itself. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Precoro has been instrumental in solving several key challenges for us. It provides a robust audit trail, allowing us to track every step of the procurement process and see exactly whose approval is still needed at any given time. Additionally, it offers a seamless solution for managing purchase orders (POs) by automatically drawing down on the total as invoices are received, ensuring accurate tracking and streamlined financial management. Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

Hi Lisa,

Thank you so much for your thoughtful feedback!

It’s great to hear that Precoro has been a reliable, easy-to-use solution for your team. We’re especially glad the platform’s flexibility and system integrations are adding real value to your workflow.

We’re constantly thinking about where to take the product next, and insights like yours help us understand what truly matters and brings the most value in real-world use.

Thanks again for being part of the Precoro community!

Warm regards,

The Precoro Team

Albert H.
AH
engineering manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Precoro?

Precoro stands out for its clean and simple interface, which makes requesting and approving purchase orders much easier. I also love the efficiency of the approval flow. It works great for our needs. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

While the approval process works well, I find it challenging to understand where a purchase is in the approval flow at any given time. A clearer, more visual status overview would make it easier to track progress. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Precoro solves the issue of managing purchase orders and requisitions in a streamlined and organized way. The tool simplifies the approval process, making it faster and more efficient. This has been especially beneficial for contract renewals, as I can easily track requests and approvals without confusion. The user-friendly interface also reduces the time spent navigating the platform, allowing me to focus on higher-priority tasks. Overall, it has enhanced our purchasing workflow and saved valuable time for the team. Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

Hi Albert,

Thank you for taking the time to share your experience! It’s great to hear that Precoro is supporting your team’s workflow and helping simplify the purchasing process.

We’re especially glad the approval setup fits your needs well and that the platform’s ease of use is improving your day-to-day tasks.

Your note about visibility within the approval flow is valuable. We’re continuously working to improve user experience, clarity, and transparency, and insights like yours help guide those improvements.

Thanks again for being with us. If there’s anything you’d like to explore further or share, our team is always here to listen.

Best regards,

The Precoro Team

Mariela D.
MD
Program Manager
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Precoro?

Precoro is a very easy way to create orders for different departments. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

I don't dislike anything about Precoro. It is a great site and very organized. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Precoro is helping us stay on budget. Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about Precoro?

Allows us to streamline finance approvals by role, threshold, etc. Customizable fields and a simple user interface that covers what we need. We integrated Precoro into our vendor process as a seamless must-have, and buy-in was not difficult once users got into the platform. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Editing fields can be a tad clunky but overall the UX is great. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Clarity for finance to control our vendor and expense processes. Review collected by and hosted on G2.com.

Olena S.
OS
Office Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Precoro?

Easy requesting, tracking and budgeting. The system is simple to use, even for people who don’t handle purchasing and finance-related tasks regularly. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

So far, everything has been working well for us, just the usual small adjustments when getting used to a new system. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Managing approvals and tracking spending used to be scattered across emails and spreadsheets, which made it hard to stay on top of things. Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

Hi Olena!

We're so glad to hear that Precoro is helping you save time and stay organized. Making purchasing simple and intuitive for everyone is exactly what we aim for.

It’s also great to hear the transition has been smooth overall. We know every new system comes with a bit of a learning curve, and we’re here to help anytime you need a hand with those small adjustments.

Thanks again for choosing Precoro and for trusting us to keep your approvals and spend time tracking neat and tidy!

All the best,

The Precoro Team

LB
Head of Finance
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Precoro?

Precoro is a simple and highly efficient vendor and expense management workflow system that is value for money. I couldn't recommend it more highly to any company looking for an easy to implement tool, that is cloud based, virtually plug and play, simple and intuitive to use. We've saved enormous time and enhanced our internal controls environment substantially with the implementation of Precoro. High five to the team! Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Precoro integrates with Xero, its great for small businesses. Although some features such as contract management is not standalone, Precoro software will continue to evolve with better functionality and customer experience. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

Its the facilitation and tracking of approval processes, maintaining a record of all vendor and expense payments in the one place and the ability to perform spend management analysis as well as process approval controls aligning to the company's delegated authorities that makes it wonderful tool to have. Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

Hi Luan,

Thank you for your kind words and for recommending Precoro! We’re delighted to hear that it has been a valuable tool for your team, helping you save time and improve your internal controls. We are continuously working to enhance our features, and your feedback is instrumental in guiding those efforts.

We truly appreciate your support!

Best regards,

The Precoro Team

Mark M.
MM
Accountant | Office Manager
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Precoro?

The best things in Precoro is the how it's very useful when your business has a lot of Purchase Orders, I really like the approval functions so that no one can just approve a PO unless the set person for approving it, customer support is so easy, they help you right away when you need them. We heavily use Precoro on our day to day basis, we deal with a lot of PO's especially overseas. The step by step process is one of the best parts in Precoro, from Req to PO and PO to an Invoice. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

I think what they need to improve or add as a feature are: comments should carry over from the Req, to PO and to an Invoice. Also for PO's, they should have a function where you can choose a percentage or amount that you want to pay, some overseas vendors have like 50/50 terms or deposits required to start the order. Review collected by and hosted on G2.com.

What problems is Precoro solving and how is that benefiting you?

The organization of how Precoro creates from Req to PO and PO to Invoice, and the approval stage feautre is very helpful for us since everyday we get purchase requests from our engineers. Review collected by and hosted on G2.com.

Response from Marina Marochko of Precoro

Hi Mark,

Thank you for your thoughtful feedback! We’re delighted to hear that Precoro is helping streamline your purchase order process and improve approval workflows. It’s great to know that it’s particularly beneficial for managing orders, both locally and overseas.

Thank you for your fantastic suggestions on carrying comments forward and adding payment options like deposits! We truly value your input and will eagerly consider these ideas as we work to improve the platform.

We appreciate your support and look forward to continuing to make your processes even more efficient.

Best regards,

The Precoro Team