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Download the free tool!So, do you want to know what makes procurement so painful sometimes?
It's a lot to handle
And when your company needs to move fast, and customers are piling up at your door, that could be a problem.
How can you be sure you're choosing the right suppliers? How can you know that you are only paying for what you need?
With good procurement software by your side, that's how.
And if we speak about popular procurement software choices, then Precoro is a common favourite.
Precoro offers businesses quite a long list of features to manage purchase orders, establish approval routes, control budgets, build better relationships with your suppliers, and so much more.
So, yes, you can consider Precoro as a powerful tool.
But it comes with a high price tag.
Something that might pull some small and mid-sized companies away from automating their procurement operations.
The good news?
Precoro is far from being the only great option when it comes to effective procurement digital systems.
And we've compiled the best ones.
First things first
What Do You Need to Look for in Procurement Software?
Purchase order management
This is probably a must-have.
After all, procurement begins when you decide to purchase something for the company, so yes, when looking for a procurement software alternative, look for options that really simplify this process and give you real-time visibility.
Approval workflows
Approvals, or better said, long approval times, are one of the reasons behind the slowness of procurement activities. Good procurement software lets you set up custom workflows so requests flow to the right people automatically.
Bonus points if it comes with integrated notifications.
Supplier management
Ah, this is another big cornerstone for the success of procurement.
A strong platform helps you centralize your suppliers' info, track performance, and streamline communication. This saves time and helps you build better supplier relationships over time.
Budget control
Because…money isn't everything, but is absolutely important nonetheless.
When choosing a new procurement software, search for an option that gives you a complete look into your spending habits.
Integrations
This one might be easy to overlook, but in reality, it's fundamental.
Top Best Precoro Alternatives
Control Hub
No, it's not only because we are the ones writing this blog.
Well, partly yes
But in all honesty, if your company is looking for a digital tool that makes procurement absolutely easy, then we need to talk about Control Hub’s cloud-based procurement software.
Flexible, a super friendly platform so literally everyone can use it, and a complete procurement automation system that saves you money with each process.
Adaptable is how you describe our software.
Best features
- Automated approval workflows: Create flexible approval chains based on your team's needs, budget, or item category, so nothing moves forward without the right verification
- One-click PO: No need to waste time searching for the right template or scrolling down a spreadsheet.
- Invoice matching: Have peace of mind knowing that you're paying exactly what you bought for with our three-way matching process.
- Supplier integration: Bring your favourite suppliers to the platform so you can access their catalog whenever you want from wherever you are
- Spend analytics: Be a step ahead of your competitors, by optimizing your finances with our real-time insights and data analysis.
Control Hub Vs Precoro
Precoro is great and all, but flexibility isn't a main feature.
If your company is in need of a software that's so easy to use you won't believe it's real, and speed is a non-negotiable requirement so you can keep growing, Control Hub is the best choice.
And if we talk about customizable workflows, and team collaboration, especially with built-in Slack integration, then Control Hub definitely has the leverage.
Pricing
We offer our clients custom-based prices, so you can decide how much you pay and for what.
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Download the free tool!ProcureDesk
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Do you feel like your procurement processes need some structure, but don't want to deal with complex platforms?
ProcureDesk could be the one you're looking for.
Especially if you're a small or medium-sized business with a vision to scale up in the future.
ProcureDesk might look simple, but it's quite a complete procurement tool. You can create and approve purchase requests, manage vendors, track budgets, and handle invoices all in on user- friendly place.
Best features
- Integration: Don't need to open dozens of tabs to connect with your suppliers. ProcureDesk integrates with more than 150 supplier sites.
- Spend visibility: How can you know if you're spending too muc, if you aren't aware of your spending patterns? ProcureDesk fixes that with complete visibility .
- Great support: Do you need help with setting up the platform according to your company's requirements? Their team is ready to assist you.
- Automate approvals: So you don't have to send thousands of emails to get the approval you need.
- Budget control: Allocate the right budget to specific suppliers, projects, and departments.
ProcureDesk Vs Precoro
ProcureDesk is a great fit for teams that want a more accounting-friendly procurement tool. While Precoro is a strong platform with really good workflows and international supplier support, ProcureDesk is a better alternative if you are a fan of simplicity and effectiveness.
Pricing
ProcureDesk works around three different price tiers, starting from $598 per month.
Tradogram
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Okay, but what if you are seeking a more affordable option that still gets the job done?
Tradogram could work for you then.
Simply put, Tradogram is a combination of a purchase order and an invoice management system. Ideal for small businesses, it can help you to improve your P2P results and even negotiate better deals with your suppliers, while still gaining 100% spend visibility.
It’s easy to set up, and doesn’t require a long onboarding process.
Best features
- Simple: Most businesses don't have the time to deal with overly technical issues. Tradogram keeps its software really simple, so you can implement it with no sweat.
- Flexible: Access to your account from any device connected to the internet. And if you need to design your own workflows? You can do it right away.
- Supplier management: Organize and connect with your suppliers the moment you need, so your relationship never loses momentum.
- Supplier assessments: Because performance is critical for any business, with Tradogram, you can rate your suppliers based on key metrics.
- Integration: Work alongside the rest of your systems, like Xero or QuickBooks.
Tradogram Vs Precoro
Well, there's no rocket science here, compared to Precoro, Tradogram is definitely more affordable, so if you want something more customizable and budget-friendly, then it could be the smartest decision.
Bear in mind, however, that it's designed for small businesses or companies that are just starting in the market and that might come with some limitations.
Pricing
You can see if Tradogram is the right fit by selecting their limited free plan or by choosing one of their paid alternatives, starting from $165 billed annually.
Procurify
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If you are more interested in the things your procurement software can do and less worried about whether it is affordable or not, or if you want to rely on a big name, then it makes sense to consider Procurify as an alternative.
What stands out about Procurify is how intuitive it is. Your team can request purchases in just a few clicks, and finance gets real-time budget insights.
You can see it as a strong platform designed to handle end-to-end procurement activities without being a technical headache.
- Ideal for larger teams: The more your business grows, the more complex your operations become. Procurify knows this, so it comes with multiple features.
- Automate with AI: Speed up things with automated processes.
- Customizable: You are more than welcome to configure your company's purchasing workflows.
- Contract management: Contracts are a big part of your procurement success. With this platform you can see if everything is going according to what was agreed.
- Budget control: Stop spending more than what you should with real-time budget tracking.
Procurify Vs Precoro
Both are great alternatives for everyone who needs to improve their procurement processes with a large range of digital features.
Procurify, however, has a bit of leverage if you are looking for a platform that has an integrated virtual spend card.s
Procurify might also feel more user-friendly compared to Precoro
Pricing
Procurify doesn't list its prices on its website, so if you're curious, you need to contact them directly.
Free Supplier Risk Scorecard Download
Download our free supplier risk scorecard here!
Download the free tool!Airbase
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Alright, but what options are available if you need even more assistance with your spend management?
Airbase is one
Designed to work as a complete P2P platform, it's built around some core modules like procurement, AP automation, and corporate cards.
If your finance team is juggling purchase orders, corporate cards, bill payments, and approvals across multiple tools and locations, Airbase brings it all together in one very powerful system.
Best features
- Complete P2P solution: Seriously, Airbase pretty much covers everything, from procurement to advanced spend management.
- Pay globally: With so many features, you can bet Airbase is suited for medium and global companies, making worldwide payments with multicurrency support an essential aspect.
- Corporate cards: Issue virtual or physical cards to your employees with custom limits and tracking. Keeps things simpler and controlled.
- Automated accounting: Airbase syncs directly with your accounting software and auto-categorizes transactions to save your finance team hours each month.
- Expenses reimbursement: Expense reimbursements are one of the things that are known for taking forever. Not with Airbase, thanks to its automation force you can handle it quicker than ever.
Airbase Vs Precoro
If you are a global brand that needs more features to handle all of your processes, then Airbase is the right call.
Precoro is more suitable for small and medium-sized companies, making Airbase the logical choice if you're a rather large business.
Airbase goes beyond procurement by including payments, corporate cards, and expense management.
Pricing
Airbase doesn't publicly list its pricing, but given all the possibilities it offers and the market where it operates, it's safe to assume it's on the high end of prices.
Coupa
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And now that we are talking about big names, let's finish the list with one software that’s quite a giant in the industry.
Coupa
If you are a large company with multiple requirements, global operations, and complexity in all of its processes, then you could consider Coupa as a great alternative.
It covers procurement, invoicing, expenses, supply chain, and analytics in one massive platform.
Coupa is definitely powerful, but also complex, and probably more than a lean team would ever need.
Best features:
- All in one platform: Coupa covers procurement, sourcing, contract management, invoicing, expenses, and even supply chain, all in one place
- AP automation: Think invoices, worldwide payments, virtual corporate cards, and even fraud detection.
- Supply chain management: The world is a bit chaotic right now, especially for trade. With Coupa, you can discover the best way to optimize your supply chain network.
- Global support: Multi-currency, multi-language, and tax-compliant across countries. Great for international operations.
Coupa Vs Precoro
Coupa is enterprise-grade and overbuilt for most small or mid-sized businesses. It’s best suited for large companies with global operations and a complex procurement strategy. Precoro, on the other hand, is much more accessible for smaller teams that want solid features without the enterprise-level overhead.
Pricing
Coupa doesn’t advertise pricing, and that’s usually a sign it’s on the higher end. Pricing is fully customized.
Final Thoughts
What’s the lesson here?
The best procurement tool is the one that fits your team, your size, your workflow, and your pace. Whether you’re a new startup trying to get a handle on spend or a larger company juggling multiple departments, there’s a solution out there that’ll make your life way easier.
If you’re after something that’s flexible, fast, and actually pleasant to use, ControlHub is one worth putting at the top of your list.
Free Supplier Risk Scorecard Download
Download our free supplier risk scorecard here!
Download the free tool!Free Supplier Risk Scorecard Download
Download our free supplier risk scorecard here!
Download the free tool!