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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Precoro

    Score2.8 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,…

    $5,988

    per year

    SAP Ariba

    Score7.6 out of 10
    N/AWith advanced tools to automate manual processes and support close collaboration with suppliers, SAP Ariba helps streamline source-to-pay processes across organizations.N/A
    Pricing
    PrecoroSAP Ariba
    Editions & Modules
    Core
    $499
    per month (billed annually)
    Automation
    $999
    per month (billed annually)
    Suite
    Individually Tailored Pricing
    per year
    No answers on this topic
    Offerings
    Pricing Offerings
    PrecoroSAP Ariba
    Free Trial
    YesNo
    Free/Freemium Version
    NoYes
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    PrecoroSAP Ariba
    Considered Both Products
    Precoro
    Chose Precoro
    Precoro is much easier to use and faster to implement than SAP Ariba, Coupa, or Oracle. It offers the right features without the complexity or high cost, helping us improve efficiency and control spend quickly.
    Incentivized
    SAP
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    16 Answers
    88%
    Would buy again
    160 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    16 Answers
    94%
    Delivers good value for the price
    131 Answers
    Happy with the feature set
    100%
    Happy with the feature set
    16 Answers
    91%
    Happy with the feature set
    164 Answers
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    15 Answers
    78%
    Lived up to sales and marketing promises
    81 Answers
    Implementation went as expected
    100%
    Implementation went as expected
    15 Answers
    73%
    Implementation went as expected
    103 Answers
    Best Alternatives
    PrecoroSAP Ariba
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Zip Intake-to-Procure
    Score7.9 out of 10
    Precoro
    Score2.8 out of 10
    Enterprises
    Coupa
    Score7.9 out of 10
    Coupa
    Score7.9 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    PrecoroSAP Ariba
    Likelihood to Recommend
    9.6
    (16 ratings)
    7.7
    (179 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    7.0
    (5 ratings)
    Usability
    7.3
    (1 ratings)
    7.9
    (131 ratings)
    Support Rating
    9.1
    (1 ratings)
    5.5
    (22 ratings)
    Implementation Rating
    -
    (0 ratings)
    7.3
    (1 ratings)
    User Testimonials
    PrecoroSAP Ariba
    Likelihood to Recommend
    Precoro
    Precoro is great if you need to keep your organization aware of where in the purchasing process an order is, and if you need a place to communicate about orders & keep a record of those communications. It does not work too well for a variety of purchasing requests - the process lacks complexity.
    Incentivized
    Read full review
    SAP
    SAP Ariba is pivotal for our organization's supply chain requirements. The purchasing department needs it for vendor purchase order issuance and vendor order management. We can check procurement history for the last purchased price, standard price, price breaks, lead time for products, vendor, and alternate vendor details.
    Incentivized
    Read full review
    Pros
    Precoro
    • Editing the catalog data is very easy. We can export/import it from Excel
    • Comparing prices to make the right decisions
    • Fast approvals with specific roles for colleagues
    • Visual analytics and budget control for each department
    • Ability to add as many custom fields as we need to cover all processes
    • Real-time stock control and warehouse request creation right from the inventory module
    Read full review
    SAP
    • Complete Procurement of Inventory step easy through GUI-Ariba integration once Purchase order is created and it is sent to the SAP Ariba Supplier Network. Vendor confirms the order and sends notification of Inbound Delivery to the warehouse through ASN and the Inbound process, Goods Receipt Process, Unloading, Put away process easy.
    • SAP Ariba integrates the different SAP Sourcing platforms, services and their tools in order to optimize operations, saves cost and meeting customer requirements through its easy to use tools. Such as integration with SAP S/4 HANA, SAP EWM using Idocs for End to End sourcing and Procurement coverage.
    • As a part of the SAP Direct Sourcing suite, it helps allow customer manage their direct materials in the single dashboard and helping customer to have view of the comprehensive info about BoM and the structure. Based on requirements, buyers can run materials and/or entire Bill of Materials. When these are sent from ERP to SAP Ariba, managers can manage them in the direct spend dashboard. Can search for desired items in the dashboard and view details of BoM or deeper view of information of the material. Buyers can run sourcing, run details for materials, create material quotes, and create pricing using book quotes.
    Incentivized
    Read full review
    Cons
    Precoro
    • For companies with more complex inventory needs, additional features in that area could be helpful.
    • The mobile app is great for approvals, but it could support more features from the desktop version.
    • Occasionally, loading reports with a large amount of data takes a few extra seconds.
    Read full review
    SAP
    • While SAP Ariba offers workflow capabilities, users have suggested more advanced customization options for workflows
    • SAP Ariba has a mobile app, users have suggested improvements in terms of functionality and responsiveness. Enhancements to the mobile app could provide a more seamless and efficient experience for users on the go
    • SAP Ariba integrates well with various enterprise systems, users have reported that the initial setup and integration processes can be complex. Improvements in integration tools and documentation could facilitate a smoother onboarding experience
    • AP Ariba provides robust reporting and analytics capabilities, some users desire greater flexibility in creating and customizing reports. Improvements in the ability to generate ad-hoc reports and customize dashboards could enhance analytics capabilities
    Incentivized
    Read full review
    Likelihood to Renew
    Precoro
    No answers on this topic
    SAP
    Established product and we are now using it as a mean for our procurement transformation
    Read full review
    Usability
    Precoro
    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.
    Read full review
    SAP
    While its great at usability. I would love ut have it more simplified. I would like to advocate for some personas who are non tech savvy or who have less or no experience in procurement. I sometimes feel that the valley of user learning fir such personas is quite steep and it may take them long time of learning to get adept to the platform.
    Incentivized
    Read full review
    Support Rating
    Precoro
    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.
    Read full review
    SAP
    Customer support has always been top notch. From small configuration changes to overall process changes, support has the teammates in place with excellent knowledge and is able to provide solutions based on business challenges quickly. Their customer support through their Account teams continues to be hands on and very responsive to needs in a timely fashion.
    Read full review
    Alternatives Considered
    Precoro
    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
    Read full review
    SAP
    It improves over all vendor management system of an organization by providing less costly ways of procurement and making business simple. AribaSAP Ariba digitally transforms your supply chain, procurement and contract management process. acts as supply chain, procurement service to do business globally In today’s world, there is a need to control your supply chain and to collaborate with your suppliers in an efficient way. To enable healthy supply chain, you need to have suppliers with visibility to every part of procurement process so that they can maintain an efficient supply chain and help organizations to grow their and own business..
    Incentivized
    Read full review
    Return on Investment
    Precoro
    • We can track each purchase order, who created it, and why. They are no longer lost, and we can always see the history. The dashboard allows us to monitor information about all essential documents and at what stage they are now and keep track of which invoices have not yet been paid or partially paid.
    • By setting up budgets for each department, we can effectively plan the allocation and prevent overspending.
    • The system is very flexible and convenient. I can't imagine my work without it.
    Read full review
    SAP
    • We saved nearly 10% of planned costs due to the large database of vendors we created within the company as a whole.
    • Saving in time due to shortening of procurement cycles. Procurement activities were never on the critical path and were accomplished with less Supply Chain resources than originally planned.
    • In the process we created a huge database of Vendors and Pricing which well be beneficial in our future projects.
    • It is an excellent tool and just what are business required and could afford.
    Read full review
    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

    SAP Ariba Screenshots

    Screenshot of the advanced tools that automate manual processes and support close collaboration with suppliers. The SAP Ariba Buying and Invoicing solution help streamline procure-to-pay processes across organizations.Screenshot of SAP Ariba's digitalization, which covers processes from contract requests, authoring, and workflows to negotiation, approval, and execution for lower costs and improved relationships.Screenshot of an instance of SAP Ariba's support for industry-specific processes and systems. This helps process manufacturers, retailers, and discrete manufacturers that rely on external manufacturers to capture more savings by improving source-to-contract processes and supplier collaboration.Screenshot of the digitalizing and automating of invoice management over a global business network, in SAP Ariba. This delivers visibility and efficiency to capture more early-payment discounts and optimize working capital.