Oracle Fusion Cloud Supply Chain Management (SCM) vs. Precoro

Oracle SCM Cloud is a flexible product that offers many solutions for users. It can work for large and small companies across many industries. The beauty is that you don't have to own the entire cloud suite to take advantage of these cloud products. The products are developing and evolving rapidly.

Incentivized

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.

• In Order promising options, we have lead time based, available to promise, capable to promise and profitable to promise. So the promising rules will select best available options amongst them to benefit the customer and the enterprise.
• Allocation by demand ensures that the scarce supply of products are reserved for the most important customers which is a value proposition for any organization.
• The entire procurement process can be automated, which will be executed without manual interventions. This will in-turn improve productivity and ensure compliance is followed in each step.

Incentivized

• 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

• UI - Needs a definite update. Tool can do wonders if UI is intuitive.
• Excel based data doesn't upload easily.
• No open APIs, integration is not possible with other tools.
• Extra charges for a module for integration.
• Implementation is not easy.

Incentivized

• 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

Incentivized

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.

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.

I have never used anything other than Oracle SCM Cloud, so I am not sure about similar products in the market. Having said that, I still feel that it is definitely a value-added product for any manufacturing organization. It is cloud-based so it can be integrated with any modern other cloud-based systems if we have the middleware.

Incentivized

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.

Incentivized

• There is a large reduction in man hours spent attempting to manually create the traceability matrix
• There is a strong involvement of different BUs and collaboration on the requirements creation process
• The time to develop and approve requirements has been shortened

Incentivized

• 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!