Precoro
Accounts payable (AP) & spend analysis software
Procure to pay software
Purchasing software
RFP software
Spend management software
Strategic sourcing software
Vendor management software
Expense management software
Travel & expense software
Procurement software
Accounting & finance software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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$499 per month
Free Trial unavailableFree version unavailable
Small
Medium
Large
- Construction
- Real estate and property management
- Agriculture, fishing, and forestry
What is Precoro
Precoro is a cloud-based procure-to-pay platform that helps organizations manage purchasing requests, approvals, purchase orders, goods receipts, and supplier invoices in a controlled workflow. It is typically used by finance and procurement teams in small to mid-sized organizations that want to standardize purchasing and improve spend visibility. The product emphasizes configurable approval flows, budget controls, and integrations with accounting systems to connect procurement activity to downstream finance processes.
End-to-end P2P workflows
Precoro supports core procure-to-pay steps including purchase requisitions, approval routing, purchase orders, receiving, and invoice handling. This helps teams replace email- and spreadsheet-based purchasing with auditable workflows. It also centralizes purchasing data for reporting on spend by supplier, category, and requester.
Configurable approvals and controls
The platform provides configurable approval chains and role-based permissions to align purchasing with internal policies. Budget and spend controls can be applied to reduce off-policy purchases and improve accountability. These controls are useful for organizations that need governance without deploying a full enterprise suite.
Accounting system integrations
Precoro offers integrations and data export options intended to connect procurement activity with accounting/ERP tools. This can reduce duplicate data entry for vendors, POs, and invoices and improve reconciliation. Integration support is a practical differentiator for teams that want procurement and finance to share consistent records.
Limited enterprise suite depth
Compared with larger source-to-pay suites, Precoro may offer less depth in advanced sourcing, complex contract lifecycle management, and highly specialized procurement analytics. Organizations with multi-entity global requirements or highly complex category management may need additional tools. Fit can depend on how much strategic sourcing and supplier risk functionality is required.
RFP and sourcing breadth varies
While the product supports supplier and purchasing workflows, organizations running formal, high-volume RFP events may find the feature set less comprehensive than dedicated strategic sourcing platforms. Advanced event types, scoring methodologies, and supplier collaboration features may be limited depending on requirements. Buyers should validate support for their specific RFP process and governance needs.
Expense and travel scope may be narrower
Precoro is primarily oriented around procurement and AP-adjacent workflows rather than full travel booking and corporate card ecosystems. Companies seeking integrated travel booking, card issuance, and automated expense auditing may require separate systems. Evaluation should confirm whether expense capture, policy enforcement, and reimbursement workflows meet internal needs.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Core | $499 per month (billed annually) | Procurement basics: PRs, POs, Receipts, Invoices, 2- & 3-way match, Automated approvals, Custom fields & workflows, Service & item catalog; Spend & vendor management (vendor management, contract repository, expense management); Mobile app; Integrations: QuickBooks Online, Xero, Slack; Reporting & analytics. |
| Automation | $999 per month (billed annually) | Everything in Core plus AI-powered AP automation (OCR, AI expenses, AI assistant); Procurement operations (intake management, inventory, PunchOut catalogs); Vendor collaboration (vendor onboarding & approval, Supplier Portal, RFPs); Real-time budget tracking; Advanced integrations, API access, SSO. |
| Enterprise | Custom pricing (billed annually) | Enterprise features & controls: Unlimited users, Advanced admin controls, ERP & custom integrations, Regional server selection (US/EU), IP whitelisting, Enterprise-grade data protection; contact sales for quote. |
| AP Module | $499 per month (billed annually) | AP-focused module: Invoices, AI-powered Google OCR, Budget management, AI expenses, AI assistant, Vendor management & onboarding, Automated approvals, Reporting & analytics, Accounting integrations, API access, SSO, Mobile app. |
Seller details
Precoro Inc.
Kyiv, Ukraine
2015
Private
https://precoro.com/
https://x.com/precoro
https://www.linkedin.com/company/precoro/
