Precoro Reviews & Product Details

Precoro Product Details

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.

Product Website

Seller

Precoro

Discussions

Precoro Community

Languages Supported

German, English, French, Spanish

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.

Overview by

Marina Marochko

Pricing

Pricing provided by Precoro.

Core

Starting at $499.00

Per Month

View More Pricing Information

Precoro Integrations

(12)

Verified by Precoro

Precoro Media

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.

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.

Get insights into your business operations through visual analytics and detailed real-time reports.

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.

Choose any module combination you want to work with. Customize approval workflow, budgets, reports, and more. Make changes as you see fit.

Official Downloads

(3)

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How Tymit Increased Spend Visibility and Significantly Shortened the Month-End Close

How a Venture Capital Fund Manages Procurement for 11 Companies

How Capital City Eliminated Duplicate Payments with Precoro

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MS

Mario S.

Warehouse Operation Manager

Mid-Market (51-1000 emp.)

9/5/2025

"Precoro was introduced to me recently to track invoice payment and I find it very useful."

4/5

What do you like best about Precoro?

What I like about this is the easy tracking of my recent transaction. I can see real time if it is already Approved or still pending. I also like the Revise format if there is something that need to change and it works with me recently. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

I often received email that has nothing to do with me ( or I guess it's for the group, or it is really for me since I was new for this ). I want something that is related to what I entered in Precoro - that's what kind of email I like to received. Review collected by and hosted on G2.com.

Response from Daryna Ivanova of Precoro

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Hi, thank you for your honest feedback. It's extremely valuable to us. We apologize for any inconvenience caused by irrelevant emails. We will work on improving our communication to ensure you receive only relevant information. Thank you for being with us!

II

Ivan I.

Senior Accontant

Mid-Market (51-1000 emp.)

6/3/2025

"Precoro experience review"

5/5

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.

Response from Daryna Ivanova of Precoro

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Thank you for sharing your detailed feedback on your experience with Precoro! We're thrilled to hear that our system has simplified procurement for your team and provided clear insights into expenses. We appreciate your suggestions for improvement regarding regular updates and occasional lags. Your insights are valuable as we strive to enhance our platform continuously. We'll make sure to address these areas to provide a smoother experience for you. If you encounter any further issues or have additional feedback, please don't hesitate to reach out. We're here to assist you every step of the way. Thank you for choosing Precoro to optimize your financial workflows and make purchasing more transparent and efficient!

WG

Woodly G.

Admin Assistant

Enterprise (> 1000 emp.)

6/4/2025

"Order Management Made Easy"

4.5/5

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.

Response from Daryna Ivanova of Precoro

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Thank you for sharing your positive experience with Precoro! We're thrilled to hear that you find our platform user-friendly and efficient for managing purchase orders. We appreciate your feedback regarding the app freezing issue and apologize for any inconvenience it may have caused. Our team is continuously working to improve the app's performance, and we'll investigate this further to ensure a smoother experience for you. If you encounter any more issues or have additional feedback, please don't hesitate to reach out. We value your input and are here to assist you. Thank you for choosing Precoro for your order management needs!

NA

NOORMOHAMMED A.

Assistant Financial Controller

Small-Business (50 or fewer emp.)

6/5/2025

"Time Saving Tool."

5/5

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.

Response from Daryna Ivanova of Precoro

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Thank you for sharing your positive feedback about Precoro! We're thrilled to hear that you appreciate features like attaching documents, customizing PO approvals, and seamless communication with QBO. Your suggestion for inventory tracking tools is noted and will be shared with our development team for future enhancements. We're glad to hear that Precoro is saving you time and streamlining your approval processes. If you have any more suggestions or feedback, please feel free to reach out. We're here to help and ensure you have a great experience with Precoro.

LM

Lisa M.

Senior Buyer - Commodity Specialist/Manager

Small-Business (50 or fewer emp.)

1/30/2025

"Precoro is Intuitive and easy to use"

5/5

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

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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

JM

J M.

Human Resources Officer

Mid-Market (51-1000 emp.)

9/7/2025

"User Friendly - Quick & efficient"

4.5/5

What do you like best about Precoro?

Fast - Efficient - User Friendly and is quite straight forward Review collected by and hosted on G2.com.

What do you dislike about Precoro?

I cannot think of anything at this stage Review collected by and hosted on G2.com.

Response from Daryna Ivanova of Precoro

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Thank you for your positive feedback! We're glad to hear that Precoro is helping you organize purchase orders in a quick and accessible way.

JW

Jane W.

Director of Risk Management

Mid-Market (51-1000 emp.)

6/25/2025

"Precoro has transformed the way I manage my busiiness finances."

5/5

What do you like best about Precoro?

The ease of using the platform. From Purchase Orders to tracking Delivery dates. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

I have not discovered anything that I dislike. Sometimes I wish there was a bettter way to account for taxes. Review collected by and hosted on G2.com.

Response from Daryna Ivanova of Precoro

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We're thrilled to hear that Precoro has made managing your business finances easier for you! We appreciate your feedback about the ease of using the platform and tracking delivery dates. Regarding your suggestion about a better way to account for taxes, we value your input and will share it with our team for future improvements. We're glad to hear that Precoro has helped streamline your processes and make everything easier to manage. If you have any more suggestions or feedback, please feel free to reach out. Thank you for choosing Precoro!

NA

Nourah A.

receptionist

Small-Business (50 or fewer emp.)

6/26/2025

"It is considered a simple program, free of complexity."

5/5

What do you like best about Precoro?

Its user-friendly interface, the procurements process is streamlined in it , and robust automation features. It’s has an ability to reduce manual data entry, accelerate approvals, and improve spend visibility Review collected by and hosted on G2.com.

What do you dislike about Precoro?

Sending notifications through Emil . And some time its login out quickly requiring frequent re-logins. Review collected by and hosted on G2.com.

Response from Daryna Ivanova of Precoro

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Hi! Thank you so much for leaving us a 5-star review.

It's great to hear that Precoro is helping to reduce manual work, improve spending visibility, and accelerate purchasing processes for you. We appreciate your feedback. We apologize for the inconvenience with the email notifications and frequent logouts. We'll work on improving these aspects for a better user experience.

AH

Albert H.

engineering manager

Mid-Market (51-1000 emp.)

3/6/2025

"Good enough for a non-finance expert. Great UX/UI."

4/5

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

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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

UF

Verified User in Financial Services

Enterprise (> 1000 emp.)

6/26/2025

"It's been good, but frustrating at times"

3.5/5

What do you like best about Precoro?

The process of getting invoices through to our finance team with approvals and so on is a massive timesaver. Review collected by and hosted on G2.com.

What do you dislike about Precoro?

The navigation and filters can be a bit confusing. When I'm looking for a supplier it doesn't always find it and I have to scroll through a whole list until I find the ones I'm looking. The search feature could just be better in finding suppliers and specific invoices. Review collected by and hosted on G2.com.

Response from Daryna Ivanova of Precoro

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Thank you for sharing your feedback. We're pleased that Precoro has been able to improve your internal processes and save you time. We apologize for any frustration caused by the navigation and filters, and we are actively working on enhancements to the search feature.