Home > Procurement Software > Precoro > Precoro vs Tradogram

Precoro vs Tradogram

Last Updated:

Our analysts compared Precoro vs Tradogram based on data from our 400+ point analysis of Procurement Software, user reviews and our own crowdsourced data from our free software selection platform.

Overview Pricing Benefits & Features Analyst Ratings Comparison Charts User Ratings Analyst Summary Screenshots
Precoro Software Tool
SelectHub Award Winner
Tradogram Software Tool
SelectHub Award Winner
Get Free Demo Demo    Request Pricing Pricing
Get Free Demo Demo    Request Pricing Pricing

Product Basics

Analyst Rating

73 Detailed Analysis

User Sentiment

Excellent User Sentiment (264 Reviews)

Analyst Rating

79 Detailed Analysis

User Sentiment

Excellent User Sentiment (61 Reviews)

Precoro is a comprehensive software solution designed to streamline procurement processes for businesses. It is particularly well-suited for small to medium-sized enterprises looking to automate their purchasing, expense management, and supply chain operations. One of the key benefits of using Precoro is its ability to reduce manual work and errors, thereby saving time and improving efficiency. The software is popular for features such as automated purchase orders, real-time budget tracking, and customizable approval workflows, which collectively enhance the procurement process. When compared to similar products in the market, users often highlight Precoro's user-friendly interface and responsive customer support as distinguishing factors. Pricing for Precoro typically follows a subscription model, with costs varying based on the number of users and the specific features required by the business. This flexible pricing structure allows companies to scale the software according to their needs and budget.

read more...
Tradogram is a comprehensive procurement management software designed to streamline and enhance the procurement process for businesses of all sizes. It is particularly well-suited for organizations looking to gain better control over their spending, improve supplier relationships, and automate procurement tasks. One of the key benefits of using Tradogram is its ability to provide users with a clear and detailed view of their procurement activities, enabling more informed decision-making. The software boasts popular features such as purchase order management, supplier management, and spend analysis, which collectively contribute to a more efficient and cost-effective procurement process. When compared to similar products, users often highlight Tradogram's user-friendly interface and the flexibility it offers in customizing the platform to meet specific business needs. Pricing considerations for Tradogram typically involve a range that accommodates various business sizes, with payment options that may include monthly or annual subscriptions, ensuring that businesses can select a plan that best fits their budget and procurement volume.
read more...
$35/User, Monthly
Free Trial is available →
Get a free price quote
Tailored to your specific needs
$168 Monthly, Freemium
Free Trial is available →
Get a free price quote
Tailored to your specific needs
Small 
i
Medium 
i
Large 
i
Small 
i
Medium 
i
Large 
i
Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Cost Reduction: Precoro helps businesses significantly cut down on unnecessary spending by streamlining procurement processes, ensuring that every dollar spent is accounted for and optimized for the best value.
  • Time Savings: Automating routine procurement tasks with Precoro frees up valuable time for your team, allowing them to focus on strategic decisions rather than getting bogged down in paperwork and manual processes.
  • Enhanced Transparency: With centralized tracking of purchases, approvals, and budgets, Precoro offers unparalleled visibility into your procurement operations, making it easier to identify and address inefficiencies.
  • Improved Compliance: Precoro's built-in controls and audit trails ensure that procurement activities comply with internal policies and external regulations, reducing the risk of financial penalties and reputational damage.
  • Better Supplier Management: By consolidating supplier information and interactions in one place, Precoro makes it easier to manage relationships, negotiate better terms, and evaluate performance, leading to more strategic partnerships.
  • Streamlined Approval Processes: Precoro automates the approval workflow, ensuring that purchases are reviewed and approved by the right people in a timely manner, thus speeding up the procurement cycle.
  • Increased Financial Control: With real-time budget tracking and reporting features, Precoro gives businesses the tools they need to manage their finances more effectively, preventing budget overruns and improving fiscal responsibility.
  • Scalability: Whether you're a small business looking to grow or a large enterprise seeking efficiency, Precoro's flexible platform scales with your needs, ensuring that your procurement processes evolve in line with your business.
  • Data-Driven Decisions: Precoro's comprehensive reporting and analytics tools provide actionable insights into your procurement activities, helping you make informed decisions that drive business success.
  • User-Friendly Interface: Designed with the end-user in mind, Precoro offers an intuitive interface that makes it easy for anyone in your organization to adopt and use, regardless of their technical expertise.
  • Integration Capabilities: Precoro seamlessly integrates with a wide range of ERP and accounting systems, ensuring that procurement data flows smoothly across your business systems, enhancing operational efficiency.
  • Mobile Accessibility: With Precoro's mobile app, users can manage procurement tasks on the go, ensuring that business continues uninterrupted, no matter where they are.
  • Customization Options: Precoro offers a variety of customization options, allowing businesses to tailor the software to their specific procurement processes and requirements, ensuring a perfect fit for their operations.
  • Exceptional Customer Support: Precoro prides itself on providing top-notch customer support, with a dedicated team ready to assist with any questions or issues, ensuring a smooth and successful implementation and usage.
read more...
  • Cost Reduction: Tradogram helps businesses significantly reduce costs by streamlining procurement processes, enabling better negotiation with suppliers, and minimizing unnecessary purchases through improved spend visibility.
  • Enhanced Spend Visibility: It offers comprehensive insights into company spending patterns, allowing for more informed decision-making and strategic financial planning.
  • Supplier Management: Simplifies the management of supplier information, performance, and relationships, ensuring that businesses can easily access and evaluate critical data to make better sourcing decisions.
  • Process Efficiency: Automates routine procurement tasks, from requisition to purchase order creation, reducing manual errors and freeing up staff time for more strategic activities.
  • Compliance and Control: Enforces compliance with company purchasing policies and external regulations, minimizing the risk of fraud and ensuring financial integrity.
  • Scalability: Adapts to the growing needs of a business, supporting everything from basic procurement operations to complex, multi-layered processes without the need for significant changes to the system infrastructure.
  • Collaboration Improvement: Facilitates better communication and collaboration between departments and with suppliers, streamlining the procurement process and improving overall operational efficiency.
  • Risk Management: Helps identify and mitigate risks associated with supplier reliability and contract compliance, protecting the business from potential disruptions and financial losses.
  • Data-Driven Decisions: Provides actionable insights through detailed analytics and reporting features, enabling businesses to make data-driven decisions that improve procurement outcomes.
  • Customization and Flexibility: Offers a high degree of customization to fit the unique needs of each business, ensuring that the software can adapt to various procurement strategies and processes.
read more...
  • Purchase Request: Manage all the requests in a single platform, clear statuses and analyze requests. Also provides e-commerce capabilities with catalogues. 
  • Purchase Orders: Automate the creation of purchase orders, attach files and export POs. Instantly convert requests into orders and leave comments on POs to pass information.  
  • Approval Workflow: Customize based on departments and locations, and receive instant notifications. Approve on a mobile phone and set thresholds and policies for routing. 
  • Budget Management: Create budgets for departments, locations and other custom fields. Automatically set budget limits, manage bulk uploads, control budget in real time with the help of a progress bar and get data-based reports to make informed decisions. 
  • Reporting: Includes standard, visual and customized reports for access to real-time data and filters for more precise reports. Allows exporting to accounting software. 
  • Integration: Get automatic integration and match fields automatically for flat-file integration. Integrate with Xero, NetSuite, QuickBooks and more. 
  • Inventory: Offers warehouse management, stock tracking and stock transferring. Get receipts for goods in the warehouse and manage stock requests and approvals. 
  • Three-Way Match: Match POs to receipts and invoices, track discrepancies, customize additional workflows and exceptions, and manage order revisions. 
  • Supplier Management: Create and manage a suppliers portal and suppliers list. Set up infinite product catalogs, manage contracts, store contacts and receive reports on supplier performance. 
  • User Management: Restrict user access, use two-factor authentication and manage multiple currencies, offices and countries in a single account. 
read more...
  • Multi-Level Management: Access a flexible, intuitive and personalized multi-level management tool that helps connect different departments across various locations all under one roof. Configure a collaborative administration dashboard to create and categorize departments and manage and track workflows while granting access levels to managers and users. 
  • User Permissions: Delegate user roles with customizable permissions granting personalized access to a dashboard. Automate reports, enable notification alerts, and manage and review purchase orders. Verify account details and confirm orders before setting up automated integrations for the accounts payable process. 
  • Supplier List: Create, categorize and organize a master supplier list within a centralized database. Onboard suppliers without an existing account and evaluate their performances based on supplier ratings. 
  • Catalog: Create, import, organize and track orders based on an item master list for a streamlined workflow. Manage databases, add external items and first-time item orders during order creation, and link shopping carts using punch-out enabled technology. 
  • Approval: Eliminate irregular expenditures by configuring a customizable hierarchical approval workflow. Enable instant automatic notification alerts for approvals and exempt specific users from certain approval rules. 
  • Budget: Create budget levels and track company-wide expenditures, allowing visibility on all levels. Categorize budgets, manage project costs and limit excessive purchases by enabling automated notifications. 
  • Inventory: Track stock levels, set up reorder threshold points and create purchase orders for requisition orders. Update inventory by booking in received stock. 
  • Report Builder: Access an intuitive UI that helps generate customizable reports based on items, suppliers, locations, purchase order categories, document types and more. Automatically compile reports to help track orders at every stage. Analyze and access complete spend visibility in real time while granting limited control to each member to review spend reports. 
  • Requisitions: Create multi-purpose requisitions which can be routed through supervisors for approval before getting turned into purchase orders. Access and track order requirements from a single, centralized dashboard. 
  • Purchase Orders: Create, track, manage and set order approvals for purchase orders to limit extra spending and maximize procurement control. Access a centralized database and use filtered searches to gain full visibility and sort through orders based on required preference. 
  • Requests: Add item details from an external list or database and save request forms in both RFQ and RFP formats. Create and track single-format requests to suppliers in real time. 
  • Delivery Tracking: Organize delivery details, keep track of delivered orders and update them in the system automatically. Enable notifications in case of delayed delivery to maintain transparency between vendors and suppliers. 
  • Invoices: Create, match and sync multiple invoice entries to ensure a three-way match for all orders. Integrate with accounting software, like Oracle and QuickBooks, to incorporate general ledger details in the invoice process. 
  • Expenses: Draft and create expense reports while making customizable approval workflows in an expenditure tracking database. 
  • Contracts: Plan, create, store and manage various contracts to minimize expenses. Use filtered searches to sort and track based on expiry date, category, supplier, location and more. 
  • Instant Messaging: Enable notifications to access real-time responses and streamline communication within a unified database. Allow live collaboration between users and suppliers before finally passing it off for approval. 
read more...

Product Ranking

#22

among all
Procurement Software

#71

among all
Procurement Software

Find out who the leaders are

Analyst Rating Summary

73
79
88
75
76
70
100
83
Show More Show More
Dashboard and Reporting
Platform Capabilities
Platform Security
Requisitions
Purchase Orders Management
Mobile Capabilities
Platform Capabilities
Sourcing
Requisitions
Purchase Orders Management

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Precoro
Tradogram
+ Add Product + Add Product
Budget Management Contract Management Dashboard And Reporting Invoice Management Mobile Capabilities Native Integration And Extensibility Platform Capabilities Product Catalog Purchase Orders Management Receiving And Inventory Management Requisitions Sourcing Spend Management Supplier Management 88 76 100 89 77 60 100 80 90 39 96 67 58 62 75 70 83 54 100 75 100 77 90 69 92 100 77 85 0 25 50 75 100
88%
0%
12%
75%
0%
25%
70%
10%
20%
70%
0%
30%
100%
0%
0%
83%
0%
17%
89%
0%
11%
56%
0%
44%
80%
0%
20%
100%
0%
0%
57%
0%
43%
71%
0%
29%
100%
0%
0%
100%
0%
0%
80%
0%
20%
70%
10%
20%
92%
0%
8%
92%
0%
8%
38%
0%
62%
69%
0%
31%
92%
0%
8%
85%
0%
15%
67%
0%
33%
100%
0%
0%
50%
0%
50%
80%
0%
20%
54%
15%
31%
85%
0%
15%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

33%
0%
67%
33%
0%
67%
100%
0%
0%
83%
0%
17%

User Sentiment Summary

Excellent User Sentiment 264 reviews
Excellent User Sentiment 61 reviews
95%
of users recommend this product

Precoro has a 'excellent' User Satisfaction Rating of 95% when considering 264 user reviews from 5 recognized software review sites.

90%
of users recommend this product

Tradogram has a 'excellent' User Satisfaction Rating of 90% when considering 61 user reviews from 2 recognized software review sites.

5.0 (1)
5.0 (4)
4.6 (43)
n/a
4.8 (164)
4.48 (57)
4.8 (55)
n/a
4.0 (1)
n/a

Awards

Precoro stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

SelectHub research analysts have evaluated Tradogram and concluded it earns best-in-class honors for Mobile Capabilities. Tradogram stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Mobile Capabilities Award

Synopsis of User Ratings and Reviews

Easy to Use: According to all users mentioning this aspect, the system is very easy to use and requires little training.
Budget Management: Every reviewer referring to this feature observes that the system has helped bring transparency and gain control over their budget.
Customer Support: The service team is always there to answer questions and even help make available features not offered by the software, according to all reviews referring to this aspect.
Approval Workflow: Everyone mentioning this feature says the system has helped them become fast and effective by offering customizable approval workflows.
Purchasing Process: It helps automate, streamline and maintain the purchasing process, according to more than 88% of reviews on this feature.
Reports: It’s easy to access real-time and customized reports, according to 70% of reviewers referencing this feature.
Show more
Streamlined Sourcing: Tradogram simplifies the sourcing process by automating tasks like vendor discovery and RFx management, saving procurement teams valuable time and effort.
Enhanced Visibility: The platform provides real-time insights into spending patterns and supplier performance, enabling data-driven decision-making and improved cost control.
Collaboration & Communication: Tradogram fosters collaboration between procurement teams and suppliers through a centralized communication hub, streamlining negotiations and contract management.
Risk Mitigation: The platform's risk management tools help identify and mitigate potential supply chain disruptions, ensuring business continuity.
Show more
Purchase Orders: It’s difficult to create and delete open POs and to set repetitive POs, according to more than 55% of users mentioning this feature.
Integration: Integration with SAP, NetSuite, QuickBook and other accounting solutions is difficult, as more than 85% reviews that mention this feature note.
Import: All the reviewers that mention this aspect report that data importing needs improvement, as many things need to be entered manually.
Search Tool: Every user mentioning this aspect finds it difficult to search for POs with items named in it.
Show more
Limited Customization: Tradogram's pre-configured modules might not fully align with the unique workflows and approval processes of every organization, potentially leading to inefficiencies or workarounds.
Learning Curve: The platform's extensive features and functionalities could present a steep learning curve for new users, requiring additional time and resources for training and onboarding.
Integrations: Seamless integration with existing ERP or financial systems might require additional configuration or development effort, potentially impacting implementation timelines and costs.
Show more

Reviews from the past year for Precoro paint a picture of a platform that streamlines procurement processes, saving businesses valuable time and money. Users consistently highlight Precoro's intuitive interface, making it accessible even for those without a finance background. The platform's robust reporting capabilities, with over 150 data points, empower financial teams to analyze spending patterns and make informed decisions. Integration with popular accounting software like QuickBooks and Xero further enhances Precoro's appeal, automating tasks and reducing manual data entry. While Precoro receives widespread acclaim, some users note occasional system instability requiring restarts. Additionally, managing supplier interactions can be challenging as suppliers lack dedicated accounts within the platform. Despite these drawbacks, Precoro's strengths far outweigh its weaknesses. Its comprehensive feature set, ease of use, and time-saving automation make it a standout choice in the procurement software landscape. Businesses seeking a holistic solution to optimize their procurement processes will find Precoro to be an invaluable asset. From small startups to large enterprises, Precoro's scalability and affordability cater to diverse organizational needs. If you're looking to transform your procurement operations and unlock cost savings, Precoro is undoubtedly worth exploring.

Show more

Tradogram, a comprehensive procurement software solution, has attracted considerable attention in the market. Users frequently highlight its user-friendly interface and intuitive design, enabling effortless navigation and quick adoption for teams. The platform's robust reporting and analytics capabilities empower users with valuable insights into spending patterns, supplier performance, and overall procurement efficiency. This data-driven approach facilitates informed decision-making and optimization of procurement processes. Additionally, Tradogram's seamless integration with various enterprise resource planning (ERP) and accounting systems streamlines data flow and eliminates manual data entry, saving time and reducing errors. While Tradogram offers numerous advantages, some users note that its customization options could be more extensive to cater to specific industry or organizational needs. Furthermore, the initial setup and configuration process may require some technical expertise, potentially posing challenges for users with limited IT resources. Despite these considerations, Tradogram's strengths in user experience, reporting, and integration make it a compelling choice for businesses seeking to enhance their procurement operations. The software is particularly well-suited for mid-sized to large organizations with established procurement processes and a desire to leverage technology for greater efficiency and cost savings. Its ability to centralize procurement data, automate tasks, and provide actionable insights empowers procurement teams to make strategic decisions and optimize their supply chain management.

Show more

Screenshots

Top Alternatives in Procurement Software

Basware P2P
BirchStreet
Coupa Procurement
GEP SMART
Ivalua
JAGGAER ONE
Oracle Procurement Cloud
Procurify
Proqura
SAP Spend Management
Synertrade
Tradogram
Workday Spend Management
Zycus

Related Categories

Procure To Pay Software
Purchasing Software
Strategic Sourcing Software
Show more
Procure To Pay Software
Purchasing Software
Strategic Sourcing Software
Show more

Head-to-Head Comparison

Precoro VS Ariba
Precoro VS Basware
Precoro VS Coupa Procurement
Precoro VS GEP SMART
Precoro VS Ivalua
Precoro VS Jaggaer
Precoro VS Oracle Services Procurement
Precoro VS Procurify
Precoro VS Synertrade
Precoro VS Tradogram

WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...

SelectHub Products Reporting and Analytics
Build Your Requirements
SelectHub Products Cost and Pricing Guide
Get Your Free Comparison Report
Compare products
Comparison Report
Just drag this link to the bookmark bar.
?
    Table settings