Explore the Top Order.co Competitor for Seamless Procurement

Looking for an Order.co alternative with advanced procurement modules? You’re in the right place. Precoro offers ease of use, flexibility, and reliable support for clients worldwide. As a top Order.co competitor, we go beyond requisitions, purchase approvals, and buying. In Precoro, you can also create and send RFPs, store and monitor supplier contracts, and reimburse and track expenses.

Which one is right for you?

Order.co vs. Precoro

Compare the essentials. We’ve analyzed Precoro and Order.co reviews and the systems’ capabilities to highlight the key differences.

Order.co

Core value

Precoro users describe it as an intuitive system that simplifies the entire procurement process and helps to easily ensure compliance with company policies.

According to Order.co reviews, it’s an easy-to-use purchasing system for companies primarily looking for group purchasing capabilities. 

Functionality

Offers straightforward modules for RFPs, purchase requisitions, warehouse requests, purchase orders, invoices, receipts, suppliers, items, expense reimbursements, budgeting, inventory control, and detailed reporting.

Simplifies order placements, approvals, budgeting, reporting, and payments but offers limited capabilities for other procurement activities.

Mobility

The new mobile app ensures you can manage procurement operations on the go.

There is no mobile app available.

Customization options

There’s an unlimited number of custom fields and dynamic forms for easy product, service, and subscription requests. 

Standard purchase requisition and purchase order templates.

Supported regions

Multi-entity functionality with support in all time zones and EU and US servers to choose from.

The software covers multiple entities but is tailored primarily for companies based in North America.

Languages

Supports four languages: English 🇬🇧, Spanish 🇪🇸, French 🇫🇷, and German 🇩🇪.

Supports English 🇬🇧.

Order.co vs. Precoro

Compare the ratings

Discover how users rate the systems across leading software review platforms. Check out Precoro and Order.co reviews.

Hear from users

Why businesses love Precoro

Learn from the experiences of Precoro’s existing users. See how the Order.co competitor simplifies complex procurement processes, provides visibility into spending, and enhances compliance with regulations and internal policies.

Comprehensive approach

Precoro offers modules not available in Order.co

Like Order.co, Precoro has features for requisitioning, purchase approvals, buying, budgeting, and reporting. What sets us apart is that we cover the entire procurement process to give you better visibility and control over operations. Learn where Precoro’s functionality truly stands out.

Requests for proposals

Contract management

Expense management

Mobile procurement

Find the best deals with our RFP module

In Precoro, you can create supplier and item catalogs, making it easy for requesters to select what they need from existing items. But we’ve also got you covered when you need to find new suppliers. Our RFP module lets you easily create and send requests for proposals directly to suppliers’ emails and choose the best bids.

Explore product
  • Generate RFPs from purchase requisitions in just a few clicks.

  • Track RFP statuses to see if suppliers have opened emails, sent responses, or rejected requests.

  • Choose the best proposals, select multiple suppliers, or even approve different suppliers for each item to secure the best deals and save money.

  • Convert chosen proposals into purchase orders and send them directly to suppliers.

Easily manage your supplier contracts

Contract management is one of the ways Precoro helps companies maintain smooth supplier relationships and stay organized. Instead of sorting through a cluttered folder of agreements, harness Precoro to store and manage all your contracts online. Keep track of contract terms, and easily remind suppliers of their obligations if needed.

Explore supplier management
  • Ensure contract compliance by linking POs directly with their relevant supplier agreements.

  • Use advanced filters to quickly sort and find contracts.

  • Receive email notifications about expiring contracts.

  • Visualize key supplier and contract information with the help of Contract Revision History and other custom reports.

Manage expense reimbursements and centralize all spending data

Precoro provides complete visibility into spending data to enable better spend management. Store all historical spending information in an organized manner, from company expenditures to employee expense reimbursements. Plan your spending strategy thoughtfully with the help of a reliable one-stop shop for finance activities.

Explore spend management
  • Set up expense reimbursement workflows that require employees to attach receipts.

  • Eliminate bottlenecks in the reimbursement process with prompt notifications for approvers.

  • Enjoy full visibility into corporate expenditures without switching between tools.

  • Ensure the accuracy of month-end reports with purchases and reimbursements in one tool.

Handle procurement operations on the go

Mobile accessibility is vital for maintaining continuity in urgent procurement activities, whether an employee is on-site or at home. Helping it stand out as an ideal Order.co competitor, Precoro offers an app that lets users access the system from their iOS and Android devices to smoothly collaborate on purchases or access spending data. 

Explore mobile procurement
  • Approve purchase orders no matter where you are. 

  • Monitor order statuses in real time.

  • Access insights into your total spend from anywhere.

  • Dispatch POs to suppliers from your phone.

Smooth processes

 Features that are better developed in Precoro than in Order.co

When evaluating Order.co vs. Precoro, we found that while both systems offer some similar features, Precoro stands out with its more advanced capabilities in certain areas. Explore where Precoro provides superior functionality.

Invoice processing

Customizable templates

Custom reports

Advanced approvals

Store all procurement documents in one place

In our Order.co competitor software, you can create invoices from scratch, convert them from purchase orders, or upload an invoice as a photo or PDF. Our optical character recognition (OCR) technology processes your document, extracts the necessary data, maps the relevant fields, and transfers everything to Precoro. All that is for you to leave behind exhausting manual data entry and long-lasting invoice processing.

Explore AP automation

Use extra customizable document templates

Precoro lets companies customize procurement documents to fit their procurement policies. Users can add custom fields for budgets, departments, projects, and item categories. Moreover, with this Order.co alternative it’s also possible to set up dynamic forms for each type of order or invoice, where fields appear based on previously entered fields. This feature helps employees skip irrelevant fields while creating documents, which saves time and minimizes errors.

Explore product

Create a wide range of custom reports

Access insights into your budgets, POs, invoices, receipts, expenses, suppliers, contracts, payments, and even stock transfers with the leading Order.co competitor. Users can generate reports in Precoro using over 20 filters and 150+ custom fields in minutes and export them to Excel with a single click. Companies use this data to break down their expenditures, evaluate supplier performance, and uncover opportunities for cost savings.

Explore product

Set up robust approval workflows

Set up parallel or sequential approval workflows with the required number of steps needed according to your procurement policy. Precoro ensures each financial document automatically gets to the right person using trigger-based approvals by location, department, project, and custom fields. Approvers get notifications via email and Slack. Unique to Precoro, you can approve a wide range of documents like purchase requisitions, purchase orders, invoices, receipts, expense reimbursements, warehouse requests, and even new suppliers.

Explore product

Highly acclaimed Order.co alternative

Precoro is repeatedly recognized as one of the best procurement tools and a leading Order.co competitor.

Maximum value

Curious why Precoro is the best Order.co competitor?

Ease of setup and use

Cost-saving opportunities

Complete purchasing lifecycle coverage

Full visibility

Highly reliable customer support

Superior security

Flexibility and customization

Scalability with business growth

Compliance assurance

Time savings

Rapid innovation

Outstanding reliability and uptime

FAQ

Order.co vs. Precoro: Still having doubts about which one to choose?

What companies are best suited for Precoro?

What companies might use Order.co?

What features does Precoro offer that Order.co does not?

Order.co vs. Precoro: Can both systems integrate with top ERP and accounting software?

How does Order.co pricing compare to Precoro’s plans?

Why is Precoro better than other Order.co alternatives?

How can you choose between Order.co competitors?

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