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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

    Webexpenses

    Score9.2 out of 10
    N/AWebexpenses is a global provider of spend management solutions, combining integrated Expense Cards with cloud-based software for businesses of all sizes across 70+ countries. Serving industries such as retail, finance, technology, construction, and not-for-profit, Webexpenses gives businesses control over company spending by automating processes, proactively enforcing policies, and controlling costs. Features The Webexpenses…

    $54

    per month (up to 15 users on the small business plan)

    Pricing
    PrecoroWebexpenses
    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
    PrecoroWebexpenses
    Free Trial
    YesYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeNo setup fee$250
    Additional Details——
    More Pricing Information
    Features
    PrecoroWebexpenses
    Expense Management
    Comparison of Expense Management features of Precoro and Webexpenses
    Feature
    Precoro
    -
    Ratings
    Webexpenses
    8.5
    77 Ratings
    1% below category average
    Employee Expense Reporting00 Ratings8.777 Ratings
    Corporate Card Reconciliation00 Ratings8.438 Ratings
    Payment Management
    Comparison of Payment Management features of Precoro and Webexpenses
    Feature
    Precoro
    -
    Ratings
    Webexpenses
    8.2
    70 Ratings
    0% above category average
    Customizable Approval Policies00 Ratings8.153 Ratings
    Financial Document Management00 Ratings7.737 Ratings
    Payment Status Tracking00 Ratings8.266 Ratings
    Payment Audit Trail00 Ratings8.648 Ratings
    Duplicate Bill Detection00 Ratings8.038 Ratings
    Advanced OCR00 Ratings7.825 Ratings
    Electronic Funds Transfer00 Ratings8.735 Ratings
    Best Alternatives
    PrecoroWebexpenses
    Small Businesses
    No answers on this topic
    Dext
    Score9.8 out of 10
    Medium-sized Companies
    Zip Intake-to-Procure
    Score7.9 out of 10
    BILL Spend & Expense
    Score8.9 out of 10
    Enterprises
    Coupa
    Score7.9 out of 10
    Emburse Chrome River
    Score9.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    PrecoroWebexpenses
    Likelihood to Recommend
    9.6
    (16 ratings)
    9.1
    (733 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.2
    (49 ratings)
    Usability
    7.3
    (1 ratings)
    9.1
    (732 ratings)
    Availability
    -
    (0 ratings)
    9.3
    (9 ratings)
    Performance
    -
    (0 ratings)
    9.6
    (8 ratings)
    Support Rating
    9.1
    (1 ratings)
    8.6
    (350 ratings)
    In-Person Training
    -
    (0 ratings)
    8.7
    (4 ratings)
    Online Training
    -
    (0 ratings)
    9.8
    (6 ratings)
    Implementation Rating
    -
    (0 ratings)
    7.8
    (19 ratings)
    Configurability
    -
    (0 ratings)
    6.4
    (9 ratings)
    Ease of integration
    -
    (0 ratings)
    7.2
    (3 ratings)
    Product Scalability
    -
    (0 ratings)
    9.3
    (9 ratings)
    Vendor post-sale
    -
    (0 ratings)
    8.7
    (4 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    9.1
    (4 ratings)
    User Testimonials
    PrecoroWebexpenses
    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
    Webexpenses
    Really suits me well for making mileage claims, the map works well and it has an accurate log of addresses. Very handy and easy to be able to add any necessary receipts. Could be a good idea to include live road closures? but I understand that's quite tricky to do. Really easy to be able to move routes when you have gone a different way than recommended.
    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
    Webexpenses
    • imports credit card transactions from our corporate card program without issue
    • allows for easy set up of new users
    • is a very intuitive, easy to learn tool
    • has a very responsive support and customer service team
    • Set up and configuration was thorough, and they were able to work through our unique issues, such as custom segments in NetSuite.
    • It is a very inexpensive product. Well worth the cost.
    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
    Webexpenses
    • When you click add receipts after putting the details of your expense, you get the impression that you have done something incorrect from the prompt that you receive
    • Two options for adding receipts can confuse people when training them on how to use
    • An easy to access FAQ would be helpful
    Incentivized
    Read full review
    Likelihood to Renew
    Precoro
    No answers on this topic
    Webexpenses
    There doesn't seem to be anything in the market at the same price point that is better, however if there is an interrupter in the market that provides better value, then we would heavily assess the cost of change to see if we should move on to the alternative offering.
    Incentivized
    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
    Webexpenses
    Based on what I have used it for, it was very easy to use and navigate. The approval process was already setup on the back end so there was no confusion on my end. Notifications were sent to my email based on status which made it helpful to understand where an expense was in the process.
    Incentivized
    Read full review
    Reliability and Availability
    Precoro
    No answers on this topic
    Webexpenses
    it is always available when I need it
    Incentivized
    Read full review
    Performance
    Precoro
    No answers on this topic
    Webexpenses
    Some times image uploads can be slow and you have to alter the image resolution to increase the speed
    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
    Webexpenses
    The support for the initial setup was great, but since then we have only had to contact support once when we had problems uploading credit card files. The help we received at this time was not good and we ended up trying various things until we resolved the problem ourselves. The online support tutorials are good, but searching for a specific issue is difficult.
    Read full review
    In-Person Training
    Precoro
    No answers on this topic
    Webexpenses
    All went well.
    Incentivized
    Read full review
    Online Training
    Precoro
    No answers on this topic
    Webexpenses
    It was difficult to train multiple people via video, as they learned at different speeds, and most of the user champions were not as capable with systems and finance processes as our dept.
    Incentivized
    Read full review
    Implementation Rating
    Precoro
    No answers on this topic
    Webexpenses
    As long as you have people that are fully aware of the setup steps to get users into the software then I would see no issues arising for any company.
    Incentivized
    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
    Webexpenses
    I would have to say that Webexpenses does not stack up well in comparison to Expensify. If given a choice, I would choose Expensify for the best user experience and mobile / desktop being more seamless. It accomplishes the same thing but has a more modern, minimal, and streamlined feel to it.
    Incentivized
    Read full review
    Scalability
    Precoro
    No answers on this topic
    Webexpenses
    because as the business has grown to has the user base
    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
    Webexpenses
    • Easy integration with your existing finance / accounting software.
    • Lot of time is being saved in maintaining records and now going completely online.
    • Love the option of Scan receipts with Google-vision-powered optical character. This also resulted in less use of paper in our office.
    Incentivized
    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

    Webexpenses Screenshots

    Screenshot of the Webexpenses mobile app, that captures receipts instantly.Screenshot of Webexpenses, accessed through a desktop, iOS, Android or Windows device.Screenshot of mileage tracking with Webexpenses.Screenshot of a display of expense-related spend, reported and tracked with customisable reports.Screenshot of the mobile app, where users' expenses can be built, submitted and approved.Screenshot of Webexpenses payments and expense reimbursements.