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Precoro Review

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Should I use Precoro?

P2P ROI Calculator | Calculate your savings potential - precoro.com

· 1 day ago

Buy if you're a mid-market company with real PO and invoice volume — ratings are strong (4.7/5 G2) and named customers back it up. Don't buy if you're a small team (a spreadsheet suffices) or an enterprise needing Coupa/SAP-scale depth.

Confidence

Medium. Based on 40+ public sources; several review snippets were truncated, so some user sentiment is partial.

Ratings

  • Value for money
  • Ease of use
  • Feature depth
  • Support qualityNo direct evidence in sources
  • Security posture

Pricing

$49 (third-party data)

Core

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Upper tiersNot public

Best for

  • Mid-market finance/ops teams
  • Companies drowning in email PO approvals
  • AP teams automating invoices
  • Scaling startups replacing spreadsheets

Not for

  • Small teams with a handful of monthly POs — use a spreadsheet
  • Enterprises needing SAP Ariba/Coupa-scale sourcing depth
  • Budget-sensitive buyers — quotes reportedly hit ~$12k/year
  • Anyone wanting a free tier or cheap month-to-month plan

Gotchas - check before you buy

medium

Reddit users report ~$12k/year quotes; nail down per-user math before demo

medium

Core plan listed at $49 — confirm per-user vs flat pricing and seat limits

low

ROI calculator on the page is vendor marketing; model savings conservatively

low

Guess: no free tier appears in any source; expect annual contracts, not monthly

Pros and cons

Pros

  • Strong ratings: 4.7/5 on G2 (~219 reviews)
  • Full procure-to-pay coverage: POs, approvals, invoices, analytics
  • Named mid-market customers: Edenred, Electra, Tymit
  • Stripe-powered payment automation closes the P2P loop
  • Publishes a public trust and security center

Cons

  • Reddit users report quotes around $12k/year
  • Review scores vary: 4.2/5 (715 reviews) on vs 4.7 G2
  • Smaller review base than rivals like Coupa (1,639 reviews)
  • Bootstrapped vendor — smaller than PE-backed competitors

Sources & method

- 13 sources - No known vulnerabilities found in the sources reviewed; Precoro publishes a trust center and security controls.

official x1review x7security x2news x3

Key stats

  • Value for money: 3/5

    Rating

  • $49 (third-party data)

    Starting price

  • 13

    Sources

  • Analyzed

  • Value for money: 3/5. Well-rated, but $12k/yr quotes sting smaller teams
  • Ease of use: 4/5. Redditors call it a good, workable tool
  • Feature depth: 4/5. Full P2P: POs, invoices, analytics, payments
  • Support quality. No direct evidence in sources
  • Security posture: 4/5. Publishes trust center with controls
  • 4.7/5 G2 rating ~219 reviews
  • $49/mo Starting price Core plan (third-party data)
  • 2015 Founded Grew from PO tool to full P2P
  • Bootstrapped Funding Listed as unfunded by Tracxn

Pricing

Core

$49 (third-party data)

  • Core procure-to-pay features
  • Confirm per-user terms at demo

Upper tiers

Not public

  • TrustRadius lists 3 total plans
  • Sales quote required

Security

No known vulnerabilities found in the sources reviewed; Precoro publishes a trust center and security controls.

Alternatives

Compare Precoro with each alternative.

  • Procurify

    Closest mid-market rival; similar PO-and-approvals scope

    Precoro vs Procurify
  • ProcurementExpress.com

    Simpler purchase-order approvals for smaller teams

  • Zip

    Intake-to-procure aimed at larger enterprises

  • Coupa

    Enterprise-scale suite; heavier and pricier

Companies that use it

  • Edenred
  • Electra
  • Tymit
Full analysis

Based on 40+ public sources; several review snippets were truncated, so some user sentiment is partial.

Solid mid-market procure-to-pay (4.7/5 G2, Core ~$49). Fixes PO/invoice chaos; small teams overkill, quotes can hit $12k/yr.

Methodology

Based on 40+ public sources; several review snippets were truncated, so some user sentiment is partial.

Read how a report is made.

Sources

  1. review
  2. review
  3. review
  4. review
  5. review
  6. news
  7. review
  8. review
  9. news
  10. security
  11. security
  12. official
  13. news

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