Bento for Business vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bento for Business
Score 10.0 out of 10
Small Businesses (1-50 employees)
Bento for Business provides employee expense cards with spend controls that allow business owners to control where, when and how much employees can spend. This solution includes a dashboard that pivots data by employee, card, category, date and tag.
$0
2 People or Cards (1 must be business owner)
Precoro
Score 2.8 out of 10
Mid-Size Companies (51-1,000 employees)
Precoro is a cloud-based solution for procurement process optimization. It aims to eliminate time-consuming manual procedures and human factor errors, and instead automates operations and centralizes purchasing processes. It enables users to: - Approve documents from any device using email or Slack notifications. Users can streamline approval workflow by adding as many steps as needed and assigning specific roles for colleagues. - To save money from the purchasing budget,…
$499
per month (billed annually)
Pricing
Bento for BusinessPrecoro
Editions & Modules
Free
$0
2 People or Cards (1 must be business owner)
Team
$29/month
Up to 10 People or Cards
Professional
$69/month
Up to 20 People or Cards
Enterprise
$149/month
More than 20 People or Cards
Core
$499
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
Offerings
Pricing Offerings
Bento for BusinessPrecoro
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Bento for BusinessPrecoro
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Bento for BusinessPrecoro
Small Businesses
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MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Precoro
Precoro
Score 2.8 out of 10
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Score 10.0 out of 10
Enterprises
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Score 9.1 out of 10
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Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Bento for BusinessPrecoro
Likelihood to Recommend
10.0
(0 ratings)
9.6
(0 ratings)
Usability
-
(0 ratings)
7.3
(0 ratings)
Support Rating
-
(0 ratings)
9.1
(0 ratings)
User Testimonials
Bento for BusinessPrecoro
Likelihood to Recommend
Our organization runs a lot of short-term or one-off programs where the program staff need to buy supplies -- Bento is perfect for these scenarios. The staff who make the purchases are not staff who would typically have a company card, so we wanted a solution other than giving them a credit card. Bento was perfect because it makes the purchasing & bookkeeping processes for these programs easy and efficient for both the staff and the finance team
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Budget tracking on expenditure by departments - Precoro assists with budget tracking on the total budget which is allocated to each department. If the budget has been exhausted an alert is made for exceptional approval to the budget.
Duplication of invoices. When a supplier bills us the same invoice twice, Precoro makes a notification that an invoice with the same number was already uploaded for payment.
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Pros
  • Poor Customer Service
  • Horrible Signup Process
  • Poor Attitude
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  • Easy tracking of purchase orders with real-time status updates
  • 3-way matching of POs, invoices, and receipts to avoid errors
  • Built-in commenting to discuss requests and approvals right in the system
  • Responsive customer support with live chat — always helpful
  • Visual budgeting tools to track spending by department or project
  • Product catalog to standardize items across the company
  • Mobile-friendly approvals — approve requests from anywhere
  • Timely email and in-app notifications to avoid delays
  • Easy-to-use interface — no steep learning curve
  • Smooth onboarding and quick team adoption
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Cons
  • Sometimes takes a couple weeks to get a new card in the mail once ordered
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  • The "bundles" in Precoro are not actually bundles. I would like to connect 2 of our catalog items together so that when 1 is selected for purchasing, the other item is required
  • Sometimes the comments wont properly tag a person that we're trying to tag
  • More options to customize the approval workflow based on location
  • Ability to edit where we're buying an item from without having to deny the request
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Usability
No answers on this topic
At first glance it seemed to be rather difficult in use, but actually it turned out to be much easier [than] we thought. Thanks to the Precoro team we could go through the procurement workflow. Now with [the] right, user-friendly software partner, we are absolutely ready to meet all [our] company's needs.
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Support Rating
No answers on this topic
Precoro is a company, which makes great products for businesses. What is more, it is a team of professionals, who are always keep[ing] in touch with you. Thanks [to] Precoro, we easily go through procurement workflow and manage all of our POs in a couple of minutes. We had a great experience with the Precoro team which helped us with installation of the software.
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Alternatives Considered
There are not a lot of other apps like this. Most of them just track expenses without giving employees the ability to use company funds. I understand that in larger companies this may not be an issue, but for our employees, it is nice to not have to use their own money. You can take pictures of receipts to prove what you bought, in-app, like a lot of other expense tracking apps
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Precoro is unique because it can be customizable from start to finish without needing to build in API. It is extremely easy to use and understand, so we did not need to give our employees extensive training as we did with Tradogram. Precoro also allowed us to communicate about orders right within the order itself, where the other software did not.
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Return on Investment
  • less stress about paying credit card bills on time
  • more buy-in for employees - they are more willing to use the company card since it's not tied to their SS#
  • easy reporting
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  • Our problem before implementing Precoro was a lot of manual tasks, from managing catalogs to creating reports. Now all related processes are in one place, and it's faster to create a purchase order, track it, and get products in time. Also, the overall visibility increased. We can see all purchases and their impacts on our budget. Reports is the most customizable module, so we can get the data we need. Thanks to our CSM for fast onboarding and help!
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ScreenShots

Bento for Business Screenshots

Screenshot of Create Employee cards or Utility cards with spend limits (e.g. $500/month)Screenshot of Dashboard provides a snapshot of spending activity across all cards.Screenshot of See transactions in real-time.  Add tags, notes and upload receipts.

Precoro Screenshots

Screenshot of AI-powered OCRScreenshot of the view of the Purchase Order: approval information, live budget information, and Supplier infoScreenshot of the configuration interfaceScreenshot of a view of the dashboardScreenshot of budgetsScreenshot of the item catalog