Precoros

What is precoros

Precoros is a cloud procurement and purchase-to-pay platform designed to help procurement teams, finance groups, and operations managers automate purchasing processes and control organizational spend. It combines requisitioning, automated approval workflows, purchase order generation, supplier management, and invoice matching in one application so teams can reduce manual purchasing, accelerate approvals, and enforce procurement policies.

Precoros targets medium and large organizations that need structured control over indirect and direct procurement, including IT, facilities, marketing, and production purchasing. The system is typically deployed as a multi-tenant SaaS application with optional single-tenant and on-premises arrangements for organizations with strict compliance or data residency requirements.

Precoros integrates with enterprise resource planning (ERP) systems and accounting packages so purchase orders, supplier records, and invoices can be synchronized with core financial ledgers. The platform supports configurable catalogs, supplier scorecards, budget checks, and analytics to give procurement and finance teams real-time insight into committed and actual spend.

Precoros features

What does precoros do?

Precoros provides a set of procurement-specific modules that cover the full purchase-to-pay lifecycle. Core capabilities include:

• Requisition and approval workflows: Web and mobile requisition forms, multi-level approvals with routing rules based on amount, department, or project.
• Purchase order management: Automated PO creation from approved requisitions, PO change tracking, PDF generation, and electronic dispatch to suppliers.
• Supplier and catalog management: Central supplier directory, vendor onboarding fields, hosted catalogs, punch-out support for external catalogs, and centralized price lists.
• Invoice matching and P2P reconciliation: Three-way match (PO, receipt, invoice) with exception handling, automated invoice postings to ERP, and supplier statement reconciliation.
• Spend analytics and dashboards: Real-time dashboards, spend classification, budget vs. actual reporting, and exportable reports for finance and procurement KPIs.

Beyond these core workflows, Precoros typically includes features that address common procurement challenges:

• Automated approval thresholds and audit trails to support compliance and internal controls.
• Configurable user roles and permissions for requisitioners, buyers, approvers, and finance staff.
• Mobile access for submitting requisitions and approving POs on the go.
• Alerts and notifications that tie into email and collaboration tools so approvers receive purchase requests where they work.

Precoros also offers supplier performance tracking, contract linkage to purchase orders (contract compliance), and integration adapters to major ERPs to keep master data and transactional records synchronized.

Precoros pricing

Precoros offers these pricing plans:

• Free (Personal): $0/month with limited users, basic requisitioning and single approval workflow
• Starter: $29/month per user billed monthly; $24/month per user when billed annually ($288/year per user) — includes core requisition, PO, and supplier directory
• Professional: $69/month per user billed monthly; $59/month per user when billed annually ($708/year per user) — adds invoice matching, analytics, and custom approvals
• Enterprise: Custom pricing — includes SSO, advanced integrations, dedicated support, and SLAs; request a quote

Precoros generally offers implementation packages that are quoted separately based on data migration, catalog setup, and ERP integration complexity. Discounts are commonly available for annual prepayment and for organizations that purchase site or enterprise licenses rather than strictly per-user subscriptions.

Check Precoros pricing plans for the latest rates and enterprise options.

Precoros pricing typically bundles standard updates and cloud hosting into the subscription; professional services such as custom integrations, advanced reporting, and on-site training are billed separately. Volume licensing or multi-year agreements can reduce the effective per-user cost for large deployments.

How much is precoros per month

Precoros starts at $29/month per user when billed monthly for the Starter plan. That rate covers basic requisitions, approvals, and PO generation for small teams.

Monthly billing is convenient for pilots and short-term projects, but many procurement teams choose annual billing to reduce per-user costs. Remember that optional modules (e.g., advanced analytics, supplier portal, punch-out catalogs) may be priced as add-ons.

For Enterprise deployments the monthly cost is quoted based on feature set, number of users, and integration scope, and can include a minimum monthly platform fee.

How much is precoros per year

Precoros costs $288/year per user for the Starter plan when billed annually at $24/month per user. The Professional plan is typically $708/year per user when billed annually at $59/month per user.

Annual billing commonly includes a discount versus month-to-month pricing and may require a one-year or multi-year commitment. Implementation and setup fees are usually invoiced up front or amortized in the first-year subscription.

Enterprise agreements often include annual licensing with volume pricing, support tiers, and service-level terms that affect total yearly cost.

How much is precoros in general

Precoros pricing ranges from $0 (free) to $199+/month per user. Entry-level usage is free or low cost for very small teams, core mid-market functionality sits in the $24–$59/month per user range when billed annually, and full-featured enterprise deployments with integrations can reach $199+/month per user depending on scope.

Total cost varies based on the number of active requisitioners, whether the buyer or accounts payable seats are counted separately, and whether you require premium modules like supplier portals, punch-out catalogs, or custom integrations.

When budgeting for Precoros, include implementation services, ERP connector costs, training, and potential costs for ongoing supplier enablement. Example budget items to plan for:

• Implementation services: data migration, workflow configuration, and ERP integration
• Training and onboarding: admin and user training sessions
• Third-party connectors: any licensed middleware or integration platform fees

What is precoros used for

Precoros is used to automate and control procurement processes across organizations of varying sizes, from departmental purchasing to enterprise procurement programs. The platform is typically adopted to reduce manual purchase requests, centralize supplier information, enforce approval policies, and shorten cycle times for purchasing and invoice processing.

Common use cases include:

• Standardizing purchase requisition and approval across departments to reduce maverick spend.
• Enforcing contract compliance by routing purchases through negotiated supplier catalogs and pre-approved price lists.
• Reducing invoice processing time by matching invoices automatically to POs and receipts, then routing exceptions to AP teams.

Operational benefits include better visibility into committed spend, standardized procurement workflows, fewer invoice exceptions, and improved supplier performance tracking. Precoros is also used to support auditability and compliance by maintaining detailed audit trails for requisitions, approvals, and PO changes.

Pros and cons of precoros

Pros:

• Centralized procurement controls that reduce rogue spending and improve policy enforcement.
• End-to-end functionality from requisition to invoice matching reduces manual work in procurement and AP.
• Pre-built ERP integrations speed data synchronization and reduce the integration burden.
• Configurable approval workflows and role-based permissions fit complex organizational structures.

Cons:

• Implementation for complex ERP integrations can require significant professional services and time.
• Per-user pricing can become costly for organizations with many occasional requisitioners unless a site license or mixed-seat model is negotiated.
• Customization beyond standard workflows may require technical resources or additional modules.
• Learning curve for non-technical stakeholders if the organization lacks change management resources.

Precoros free trial

Precoros typically offers a short-term free trial or pilot program so procurement teams can validate workflows and integration behavior before committing. Trials usually include access to core requisition and PO functionality, sample supplier records, and the ability to configure basic approval rules.

Trial periods are useful to test ERP connectors, map business roles, and evaluate reporting requirements. For pilots that involve real suppliers or complex integrations, Precoros often recommends a scoped proof-of-concept with a limited set of users and suppliers.

To start a trial or pilot, organizations typically contact Precoros for a demo and to define success criteria; larger pilots may be supported by Precoros professional services to ensure the trial reflects production conditions.

Is precoros free

No, Precoros is not fully free for production use. There is commonly a Free (Personal) tier or trial that permits limited use, but full procurement capabilities require a paid Starter, Professional, or Enterprise plan.

The Free tier is intended for evaluation or very small teams and is limited in users, integrations, and automation. Production environments that require ERP integration, invoice matching, and supplier portals will need a paid plan.

Precoros API

Precoros offers a RESTful API and webhook support to connect requisitions, purchase orders, supplier data, and invoice statuses with external systems. The API typically exposes endpoints for CRUD operations on core objects (suppliers, items, requisitions, purchase orders, invoices) and supports OAuth 2.0 or API key-based authentication for programmatic access.

Common integration patterns include:

• Real-time PO synchronization to ERPs such as SAP, Oracle, or NetSuite using the Precoros API or pre-built connectors.
• Supplier portal integration for catalog updates and electronic invoices via EDI or API uploads.
• Webhooks to notify external systems and automation platforms when a PO is approved or an invoice exception occurs.

For developers and integration architects, Precoros usually provides API documentation, code samples, and a sandbox environment. View the Precoros API documentation for endpoint details, authentication methods, rate limits, and example payloads.

10 Precoros alternatives

• Coupa — Enterprise procurement suite specializing in spend management, sourcing, and BSM (business spend management).
• Jaggaer — Procurement and sourcing platform used by large enterprises for indirect and direct procurement.
• SAP Ariba — Comprehensive procurement network and strategic sourcing platform with deep supplier network capabilities.
• Ivalua — End-to-end procurement suite focused on supplier management and configurable sourcing workflows.
• GEP SMART — Cloud procurement platform combining sourcing, procurement, and savings tracking in a unified system.
• Oracle Procurement Cloud — Part of Oracle Cloud ERP, offering procurement integrated with finance and supply chain.
• Procurify — Mid-market focused purchasing system with simple approvals and spend visibility.
• Odoo — Open-source ERP with purchasing and vendor management modules useful for small to mid-sized businesses.
• ERPNext — Open-source ERP with procurement, purchase invoices, and supplier management modules.
• Dolibarr — Open-source ERP/CRM that includes basic purchasing and supplier features for smaller teams.

Paid alternatives to Precoros

• Coupa: Offers enterprise-grade spend management with strong analytics and supplier network features. Usually priced at enterprise levels and targeted at large organizations.
• Jaggaer: Focuses on complex sourcing, supplier management, and tail spend; commonly used by universities, healthcare, and manufacturing.
• SAP Ariba: Integrates procurement with a global supplier network and procurement services; suited for large multinational procurement programs.
• Ivalua: Highly configurable procurement platform with a strong supplier management and contract linkage focus.
• GEP SMART: Unified procurement platform with sourcing, contract, and supplier performance capabilities.

Open source alternatives to Precoros

• Odoo: Modular open-source ERP with a purchasing app, supplier management, and integration to inventory and accounting. Extensible via community and enterprise modules.
• ERPNext: Full-featured open-source ERP with purchase requests, supplier invoices, and three-way matching functionality. Suitable for small to mid-sized companies wanting open-source control.
• Dolibarr: Lightweight ERP/CRM that includes purchasing, orders, and supplier modules; useful for small organizations seeking low-cost solutions.
• OpenBoxes: Focused on inventory and distribution but can be combined with purchasing modules for supply chain-oriented workflows.

Frequently asked questions about Precoros

What is Precoros used for?

Precoros is used for procurement and purchase-to-pay automation. It centralizes requisitions, approval workflows, purchase orders, supplier management, and invoice matching to reduce manual processing, enforce compliance, and improve visibility into organizational spend.

Does Precoros integrate with ERPs like SAP and NetSuite?

Yes, Precoros integrates with major ERPs through pre-built connectors or API-based integrations. Typical integrations synchronize suppliers, POs, and invoices so transactions post correctly in the financial ledger and reduce duplicate data entry.

How much does Precoros cost per user per month?

Precoros starts at $29/month per user for the Starter plan when billed monthly. Actual per-user rates vary by plan, billing frequency, and chosen modules.

Is there a free version of Precoros?

No, Precoros is not fully free for production use, but it commonly provides a limited Free (Personal) tier or trial. The free option is intended for evaluation or very small teams and lacks advanced integrations and automation.

Can Precoros handle invoice matching and three-way matching?

Yes, Precoros supports invoice matching including three-way match between PO, receipt, and invoice. Exceptions can be routed to AP teams for review and automated matching rules reduce manual reconciliation work.

Does Precoros provide mobile access for approvals?

Yes, Precoros includes mobile-friendly access for submitting requisitions and approving POs. Mobile approvals help reduce approval cycle time by allowing approvers to act from phones or tablets.

How secure is Precoros?

Precoros follows industry-standard security measures such as TLS encryption for data in transit and role-based access controls. Enterprise plans commonly include single sign-on (SSO), audit logging, and higher support levels for compliance requirements.

Can I import supplier lists and catalogs into Precoros?

Yes, Precoros supports supplier and catalog imports via CSV, API, or punch-out catalog integrations. The system is designed to centralize supplier price lists and catalog items for consistent purchasing.

Does Precoros offer reporting and spend analytics?

Yes, Precoros provides dashboards and spend analytics to track committed versus actual spend and procurement KPIs. Reports can be exported for finance and procurement review and custom dashboards can be built for specific stakeholders.

What support and onboarding does Precoros provide?

Precoros offers onboarding services, documentation, and paid professional services for complex integrations. Depending on the plan, customers may receive onboarding assistance, configuration services, and priority support for enterprise agreements.

Precoros careers

Precoros hires across product, engineering, customer success, sales, and procurement consulting roles. Common openings include integration engineers experienced in ERP connectors, product managers for procurement workflows, and customer success managers who guide procurement teams through onboarding and best practices.

The company often highlights roles for API and integration specialists due to the importance of ERP connectivity in procurement deployments. Candidates with procurement domain knowledge, experience with financial systems, and strong technical skills tend to be a good fit.

To view available positions and application details, check the Precoros careers page for current listings and recruitment contact information.

Precoros affiliate

Precoros typically maintains a partner program for resellers, systems integrators, and implementation partners who specialize in ERP and procurement transformations. Partners can be authorized to resell licenses, provide local implementation services, and offer managed services around Precoros deployments.

Organizations interested in becoming a partner should contact Precoros to understand partner tiers, revenue sharing, training requirements, and certification processes. The partner program helps expand regional coverage and provides customers with local support options.

See the Precoros partner program for details about becoming an affiliate or certified implementation partner.

Where to find Precoros reviews

You can find independent user reviews and ratings on business software review sites such as G2 and Capterra. Search for "Precoros reviews on G2" and "Precoros reviews on Capterra" to compare real user feedback on ease of use, implementation, and support.

Industry forums, procurement communities, and LinkedIn case studies are additional sources of practical feedback from procurement practitioners who have implemented Precoros.

For vendor-provided case studies and customer references, consult the Precoros customer stories page.