#1 Procurify alternative for procurement success

Get the fastest ROI with the most easily customizable and scalable platform on the market for complete spend control and visibility. Whether you’re a startup looking for a procurement tool that supports growth or an upper-midsize company seeking an intuitive system, Precoro brings added value from day one.

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Precoro vs. Procurify

What makes Precoro different?

Choose a procurement solution that aligns with your strategic goals and can be tailored to your region.

Procurify

Functionality

Advanced modules help companies manage both simple and complex procurement processes.

Features only cover elementary purchasing workflows.

Mobility

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

Provides a basic mobile app.

Dynamic forms and other customization options

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

Offers standard purchase requisitions and POs (no dynamic forms and a limited number of custom fields).

Onboarding

Offers extremely fast setup and onboarding. Get up and running in 2-4 weeks.

Basic onboarding can take 6 weeks or more.

Supported regions

Works well no matter where you are located or how many country offices you have, thanks to multi-company functionality, support in all time zones, and both EU and US servers to choose from.

The client support, server, and spending cards are only tailored for companies based in North America.

Languages

Supports four languages: English , Spanish , French , and German .

Supports English .

Scalability

Enables companies to build purchasing and approval processes of any complexity and to create reports with more than 150 data points without the need for consultants or technical knowledge. Easily add custom fields and dynamic forms to make unique documents and scale operations.

Achieving scalability and long-term goals with the system may be challenging due to limited flexibility in purchase order management, approval capabilities, supplier management, and inventory control.

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See the difference

Users are the ultimate judges

See how Precoro and Procurify fare in comparison in terms of essential performance factors for procurement software.

Procurify

9.2

Ease of setup

8.3

9.4

Documents

8.8

9.2

Sourcing

8.4

9.3

Supplier portal

8.8

9.2

Risk management

8.2

9.4

Visibility

8.9

9.3

Spend analytics

8.4

Awards

Key results in numbers

Precoro brings tangible results

Experience the quickest time to value and key metric improvements – just as our delighted customers did.

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faster approvals

fewer duplicated payments

spend under management

shorter purchasing cycle time

annual budget savings

lower invoice processing costs

98% customer satisfaction

From Precoro users to you

Discover why over 1000 organizations around the world chose Precoro over other procurement solutions.

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Functionality = efficiency

Functionality that sets Precoro apart from Procurify

Precoro is a one-stop solution providing complete visibility into every aspect of the source-to-invoice process. Unlike Procurify, we offer modules for RFPs, expenses, vendor onboarding, and warehouse management. But it doesn’t stop there; see what other features are better developed in Precoro.

Purchase Order Management

Approval Orchestration

Custom Forms

Inventory Control

Supplier Management

Analytics & Reports

Purchase Order Management

Create a PO from scratch or auto-generate it from the related purchase requisition or request for proposal. With Precoro, requesters and purchasers can easily fill out a purchase order using item and supplier catalogs. Moreover, they can write separate internal notes and add attachments for the team (for example, explaining the need for the purchase) and external ones for the supplier (such as a tax exemption form).

Create recurring and blanket POs
See the available budget while creating and approving purchase orders and set up alert notifications when the order exceeds the limit
Quickly locate associated documents like invoices and receipts, as the PO conveniently links to them within the system

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Approval Orchestration

Enjoy complete approval process orchestration and ensure that all purchases and expenses get the green light from key decision-makers. Teams can build parallel approval workflows for simultaneous stakeholder input (for example, legal and IT departments) or sequential workflows for staged approvals (for instance, requiring the department head to approve first, followed by an accountant). Eliminate approval bottlenecks with automatic notifications to the next approver in line. Customize unique approval workflows for:

Warehouse requests
Purchase requisitions
Purchase orders
Invoices
Receipts
Expenses
Suppliers

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Custom Forms

Use document custom forms to tailor procurement documents to your company’s specific requirements. Add unique document fields necessary for requesting a service, product, or subscription, and create different scenarios so the new field appears based on how the previous one was filled out. Precoro offers dynamic forms for the following documents:

Purchase requisitions
Purchase orders
Invoices
Expenses

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Inventory Control

Keep tabs on your inventory. Precoro makes it easy for users to monitor and maintain optimal stock levels with real-time balance information at their fingertips. Additionally, you can create warehouse requests and transfer items between different storage locations. All pickup, putaway, posting changes, and internal warehouse movements can be recorded in the system.

Set up low-stock alert notifications
Generate POs from warehouse requests
Run inventory reports on stock balances and purchases for a certain period

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Supplier Management

Harness Precoro to take supplier management to a whole new level. Invite new suppliers using customizable registration forms and approve them in the system. Users can also create and send RFPs to vendors to compare their responses directly in the system. Plus, suppliers can access the Supplier Portal in Precoro to view POs, respond to RFPs, issue invoices, and track their payment status. Vendor management is easy when you can store and access vendor information and contracts in one place.

Get notifications on expiring contracts
Create supplier catalogs with pre-approved products and services
Set specific payment terms

View supplier management details

Analytics & Reports

Optimize your operations smartly with valuable insights about purchase orders, invoices, receipts, budgets, expenses, payments, and more. With just a few clicks in Precoro, your team can generate reports with a customizable report builder using 20 filters and 150+ data points. View detailed charts and standard XLSX reports to analyze spending patterns, identify cost-saving opportunities, and optimize budget allocation.

Run separate reports for different modules in Precoro
Schedule automatic reports to send data directly to Google Sheets or Power BI at specified intervals
Ensure a transparent audit trail by comparing documents using the changelog and document version comparison features

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A perfect addition to your software stack

Smoothly incorporate Precoro into your workflows

Precoro integrates with your favorite business solutions. Let your teams seamlessly exchange data and see important updates across tools. We offer various integrations at different levels to make procurement a breeze.

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Out-of-the-box integrations

Slightly more custom

Super custom

What sets Precoro apart?

4 reasons why companies love Precoro

Value for money

With improved spending visibility and operational efficiency, you'll witness a return on your investment within the first quarter of using Precoro.

Top-level security

We have established a comprehensive privacy compliance program in line with the General Data Protection Regulation. Moreover, Precoro passed a SOC 2 Type II audit, ensuring the utmost protection for all your sensitive data.

Full customization

Get complete freedom to add or remove modules from the system according to your growth stage, set up unlimited custom fields for all documents and budgets, design various approval workflows, and generate multiple real-time reports at no extra cost.

Customer-centric approach

Customer feedback shapes the product. We consistently enhance the system based on the real user experience of our clients. See how your ideas come to life in our biweekly product updates.

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FAQ

Do you still have any doubts?

Is Precoro mobile-friendly?

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Does Precoro have punchOut catalogs?

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What ongoing support does Precoro offer?

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How many team members will use the system?

Only me

51-100

2-10

100+

11-50

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