Emburse Tallie vs. Precoro

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Emburse Tallie
Score 6.0 out of 10
N/A
Tallie is an expense reporting tool that integrates with other billing or accounting platforms (e.g. bill.com, Quickbooks, etc.) to present an expense management solution. It was supported by Certify since the 2017 merger with that company and Nexonia under the new company Certify Travel and Expense, and is now from Emburse, the company formed from the merger of Certify and Chrome River Technologies in March 2019.N/A
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
Emburse TalliePrecoro
Editions & Modules
No answers on this topic
Core
$499
per month (billed annually)
Automation
$999
per month (billed annually)
Suite
Individually Tailored Pricing
per year
Offerings
Pricing Offerings
Emburse TalliePrecoro
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Emburse TalliePrecoro
Features
Emburse TalliePrecoro
Expense Management
Comparison of Expense Management features of Product A and Product B
Emburse Tallie
9.5
Ratings
10% above category average
Precoro
-
Ratings
Employee Expense Reporting9.10 Ratings00 Ratings
Corporate Card Reconciliation9.90 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Emburse Tallie
8.3
Ratings
1% above category average
Precoro
-
Ratings
Customizable Approval Policies8.50 Ratings00 Ratings
Financial Document Management8.50 Ratings00 Ratings
Payment Status Tracking8.00 Ratings00 Ratings
Payment Audit Trail8.00 Ratings00 Ratings
Duplicate Bill Detection8.00 Ratings00 Ratings
Advanced OCR6.90 Ratings00 Ratings
Electronic Funds Transfer10.00 Ratings00 Ratings
Best Alternatives
Emburse TalliePrecoro
Small Businesses
Dext
Dext
Score 9.8 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Precoro
Precoro
Score 2.8 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Enterprises
Emburse Chrome River
Emburse Chrome River
Score 9.2 out of 10
SAP S/4HANA Cloud
SAP S/4HANA Cloud
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Emburse TalliePrecoro
Likelihood to Recommend
8.2
(0 ratings)
9.6
(0 ratings)
Usability
10.0
(0 ratings)
7.3
(0 ratings)
Support Rating
9.7
(0 ratings)
9.1
(0 ratings)
User Testimonials
Emburse TalliePrecoro
Likelihood to Recommend
Tallie is well suited for those that utilize Bill.com or another of its compatible integrations. Small businesses to medium-sized corporations can (fairly quickly) leverage Tallie. Tallie would be less appropriate for organizations that already lean heavily on Salesforce, NetSuite, or Workday -- Concur or Expensify might be more suitable options.
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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
  • Very intuitive - liked how it was convenient to use when uploading receipts and liked how it would attempt to figure out what was on it so it could pre populate the required fields.
  • The ability to add multiple categories and subcategories for where your purchase falls in the organization was super helpful when keeping organized.
  • Mobile app to upload receipts on the fly has helped increase the amount of folks remembering to submit their receipts.
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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
  • Tallie suggests it is able to read receipts and place them into the correct category, but I find myself updating these sections each time I upload a receipt. The system should be updated to read multiple receipts.
  • Tallie sometimes rejects photos if they are not specific enough. This can be frustrating since it is sometimes difficult to upload receipts quickly while on the road. However, this rejection is not a common occurrence.
  • More often then not, Tallie's emails go to my junk folder. Tallie should work on their spam count for Outlook.
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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
Certainly not as robust as bigger products/names on the market, but the features/solution it offers do extremely well, with a good mobile app experience and a nice, clean interface. It helped our organization (7 locations) go paperless, which rapidly improved our expense capture and timeliness in reporting and also gave our staff a better, user-friendly expense report and reimbursement process.
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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
As a user of Tallie, I have never needed any support to use it. It is simple, logical and needs no training to use. As a company, I don't think we need any ongoing support but I believe the setup process, which they guided us through a year ago went well.
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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
Both Tallie and Expensify are quality products that help with credit card management. Setting up an account, if you are only managing one company either product is equally qualified, however, if you are managing multiple companies, I find Tallie is easier for the set up and management of companies. In Tallie companies are treated as separate products, when you log on you select which company you are working in and while in that company you don't have access to another, whereas in Expensify companies can be intermingled. This could have is benefits, but from an outsourcing point of view it can make set up and management of clients harder. With assisting users, in Tallie as long as a user has the right permissions and access to a company, they can access any user's account in order to process charges, or assist users by masquerading as them. In Expensify, users have to give admin access to their accounts through their co-pilot access, this isn't an issue if users aren't likely to need help or help from more than one admin person, but as your client list and users grow, this type of access can be challenging or overwhelming.
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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
  • It frees up my time by allowing people to self-report in a common platform rather than sending paper expense reports.
  • It's several thousand dollars cheaper than Concur and other high-end products.
  • It works. It's not easy to get multiple cloud systems to properly integrate and this one seems to get it done.
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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

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