Precoro Reviews

Pros

Until Precoro, we used excel & email to create and track requests. There were often delays in delivering goods to the project site. The procurement manager didn't understand whether the goods have already been delivered. It wasn't easy to track the approval status of requests by mail. There weren't clear reports on spending. Now we have automatically generated reports, which are made from a lot of custom fields. That's an excellent ground to control your spending. We got rid of excel, and procurement managers are satisfied with simplifying their work. Tracking invoices during all levels of the cycle is one of my favorite features. The customer support team is supportive and very kind.

Cons

I would like to see the PO details on the side, but I still need to open each PO to see our cost centers. It would be better if PO details are added to the side view. That would keep me from having to open each PO and maneuver back to the dashboard each time.

Pros

The software is very user friendly by providing at-a-glance statistics, a dashboard to reach the different modules without hassle, and makes it easy for even the most non tech savvy person to understand. We so appreciate the option to make recurring purchase orders in Precoro to save the Purchasing team valuable time and the ease of the RFP process. So far our support staff and clinical team has adapted quite nicely to Precoro with no major issues and are pleased to be able to track the status of their requests without contacting the Purchasing team and taking them off task to find and research orders.

Cons

The least favorite feature for our Purchasing team is the inability to print a range of purchase orders simultaneously. That option would save extra time, but the speed of downloading the PDF files is quicker than our last platform.

Pros

The GUI is overall pleasant and user-friendly. There has been little to no down-time. Organization of the different features is relatively straightforward. It can accomplish the bulk of what we need.

Cons

There are some notably-absent permissions settings that make it difficult to manage using across a large team. Likewise, some industry-standard aspects of POs and Invoices are simply not available. Reporting therefore is not as useful as it could be.

Pros

As a non-profit, we needed something functional, user friendly and cost effective. Precoro has changed the way we operate. We have a very complex multi-company set-up and Precoro has helped us to better organize and manage the purchase order process and tracking approvals. I would highly recommend to any non-profit. The customer service has also been beyond amazing.

Cons

Not so much of a con but more of a wish list item. Because we do have a complex set-up, I would like to see a multi-level workflow. Precoro has been great at listening to my suggestions over the years and we have worked closely together. Other than that, I have nothing bad to say.

Pros

Our company uses Precoro as its procurement system to streamline the formerly manual processes involved in the purchasing process. The company's whole procurement cycle can be managed at the departmental or regional level with the help of this program.

Cons

Since the PR's accompanying documents and comments did not make it through to the PO, we will need to retype them and attach the documents once again.

Pros

The software is incredibly easy to use and very customizable. There are constant updates and product enhancements that continue to improve our process.

Cons

The only con I can see is really just waiting for more integration with the invoicing piece as we are so pleased with the purchasing functionality that we cannot wait to eventually integrate our invoices as well.

Pros

Precoro is user friendly and encompasses all aspects of procurement if you so desire to use those features.
You can set rules to govern different levels for workflow and compliance.
Ability to RFP direct from the requisition
Direct link with Amazon
Ability to send attachments, notes and comments as needed

Cons

To date we found that we are not able to print a batch of Purchase Orders

Pros

I AM ABLE TO CREATE INVOICES, CREATE RECEIPTS, AND REACH OUT TO THE VENDOR FROM ONE PAGE. ALL PURCHASE ORDERS IN ONE PLACE AND EASY TO FIND.

Cons

I THINK ONCE AN INVOICE IS CREATED OR RECEIPT IS MADE, THERE SHOULD BE A DIFFERENT LOCATION FOR THE PO'S. MAYBE SEPERATE THEM, DONE, NOT DONE, ETC.

Pros

Precoro has been a huge improvement for our organization! It was easy to customize to fit our needs and has been a game changer for our approval and purchasing process. The support folks at Precoro are so responsive and super helpful, they are dedicated and genuinely care about our success in using the product.

Cons

If I have to pick something I like least, which I'm having a tough time coming up with, I would say maybe an improvement to the search function.

Pros

We like that we're able to track a job's budget in place as well as being able to see all documents related to a specific purchase. We even started taking pictures of the merchandise when it arrived and saving it in the PO in Precoro.

Cons

I would like to see a budget template that can be uploaded and the purchasing be tracked through Precoro.

Pros

The best thing about Precoro is their personalized relationship with their customers, their rapid responses to questions and follow up on things that can be done better. They are very very helpful to us. Customer service and help desk is excellent. Very knowledgeable staff and excellent training for implementation.

Cons

Expense does not transfer to QB online yet. They are working on this. Budgets are just not the best for us.Reporting is lacking even though they provide every combination of capturing your data and exporting this to excel. It would be ideal if some basic executive style reports were just available for printing by just changing dates, etc.

Pros

- The ability of us users to create and update reports for our usage is very helpful- Its easy to use precoro, the set up is easy to understand and follow through activities. Does not exactly require additional technical expertise to use the system. - The graphical analyses assists in analyses, costs and effectiveness and efficiency of procurement processes.

Cons

- The system does not value inventory so not good for inventory management. This also proves the system not suitable for stock replenishment.

Pros

Precoro is a great option for a comprehensive and user-friendly tool to streamline our purchasing and track our spending. I particularly appreciate the ease with which we can add vendors, create and manage purchase orders, and track payments. The interface is straightforward and easy to navigate, making it a great option for busy professionals.

Cons

Precoro is great! I have nothing to dislike about it! Precoro is a great platform for managing procurement and supplier relationships.

Pros

Comprehensive procurement features: This software provides a wide range of procurement features that cover the entire procurement process, from requisition to purchase order creation, supplier management, and invoice processing. Precoro's feature set allows you to streamline and automate your procurement workflow, saving time and reducing errors.

Cons

Implementing new software requires a learning curve for users, which might take time and effort. Employees may need training to understand how to use the software effectively and adapt to new workflows.

Pros

1 - Instant reports, which help to get insights and make better decisions. Our financial department is delighted and thankful for simplifying analytical work.
2 - We were glad of the ability to add multiple currencies, offices to 1 account.
3 - We like their last update about Custom Fields for Documents. You can change them in Budgets, even when used in documents, and it won’t affect created documents. Love their permanent updates!
4 - Now, almost all invoices are processed electronically.

Cons

Nothing important. I'm satisfied with the results.

Pros

As the procurement manager I was probably the first user in our conpany. The system is easy to use and well designed. We had some requests that Olena from Precoro and her team developed and added quickly. In general customer service is so helpful . Now as the admin of the system i understand it even better snd i handle the users requests and i can honestly say it is a really great system.

Cons

No SAP integration but Precoro is working on this now and soon we will have this as well.

Pros

Very strong management capabilities that put you squarely in the driver's seat.

Cons

Nothing major. Any problems that we had were due more to the learning curve than any flaws in the software.

Alternatives Considered

Reasons for Switching to Precoro

Pros

Precoro simplifed a lot how we do accounting. WIth it integration with quickbook it is a breaze to track expense and budgeting. The PO creation and then status update along the way are very user friendly and easy to use.Creating receipt for received product allows us to track the whole PO lifetime up to the part reception. Very good upgrade for a small company who used to do all its POs manually ! Using a list of pre-imported part is also very useful for stuff you buy on a regular basis.

Cons

The only missing options in precoro are the ability to say where the part consumption are going. It would be useful to fully track a part lifetime.Tracking part revision is also not super well integrated, we got it to work but had to use some workaround

Pros

I find the feature of marking PO`s as fully or partly received very very useful. This is so because i always have first hand information on the status of all my orders and lets me know where to focus my attention.Yes i find the product easy to use and it was perfectly integrated with quickbooks

Cons

The fact that i cannot automatically post warehouse returns is what i dont like. Except i have to manually do stock changes which is what i dont like doing.

Pros

Easy and straight forward application settings

Cons

Few bugs relating to invoice posting, where VAT missed when migrated to Quickbooks

Pros

Before your system we used the paper work in office but now we are happy that have a complete and good system to manage our budget and our procurement.
Now we have a fast financial procedure.

Cons

You should improve and work on it's graphic and make an IOS or Android app for your system.

Pros

Precoro is very easy to use software and very intuitive.
The customer service is great!
The end user on boarding is super fast and easy.
We handed over to Olena a list of all the missing features we had and I sincerely feel that Precoro takes it under their consideration and do the best to deliver the missing features as soon as they can.

Cons

One thing that in my opinion Precoro is missing is an integration with SAP (which is a software that a lot of company uses).

Pros

friendly and easy to use. Over all I'm very happy with the system.

Cons

Sometimes the system is slow. Over all I'm very happy with the system.

Pros

Great and easy way of purchasing! Really streamlined process

Cons

Items don’t auto add to vendor profile. This would allow very easy reordering of the same item.

Pros

- clarification via comments;
- streamlined approvals;
- track spendings against budgets.

What I like best is the ability to run reports and review analytics to predict spendings, based on past/current ordering trends. This system is intuitive and easy for everyone.

Cons

more automatic notifications could be added