Compare Precoro vs MoneyPenny vs Xero

Xero

Accounting
 (522)
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Crozscore:

72%
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100%
33%
interest rising

Crozscore:

78%
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100%
38%
interest falling

Crozscore:

85%
what is this?
77%
57%
no significant changes
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Software Description:

Precoro is an e-procurement software designed to streamline procurement process and increase Spend visibility.

Reduce manual work for your employees, purchasing manager, procurement and financial department.

1. Purchase Request
The requisition process begins with creating requests for purchase.
2. Approve
Create automated approval routing based on your business needs.
3. Purchase order
Precoro automatically tracks, manages and organizes your purchase orders in one place. Instantly deliver approved requests for PO creation.
4. Receive
Match what was ordered with receiving.
5. Pay
Make payments with confidence. Precoro lets you compare an items invoice to its corresponding purchase order and packing slip.

Software Description:

MoneyPenny is a cloud based invoicing and time tracking software that simplifies business management and reduces paper work.

MoneyPenny brings all handy features like time tracking, invoicing, expense tracking or project management in ONE PLACE.

MoneyPenny helps businesses and teams become more organized. That’s why, the minute you and your team will login, you start saving time with painless tools, such as: live task monitoring, auto payment reminders, recurring invoices, slick layouts and friendly dashboards, detailed time reports, instant phone notifications about projects & staff activity, tap and go timers, auto synced time logging and billing.

The top features that make MoneyPenny unique are:

MoneyPenny Live Time Tracking

MoneyPenny live time tracking is a suite of live time-tracking tools that helps businesses owners switch to pro-active team management.

For instance, team leaders see live, who is working on which task/project and can step in at any time. It’s the simplest way to track tasks and staff, measure team efficiency in real-time, from a phone, tablet, laptop or desktop. Staff members can all log time from any device.

Next, timesheets can turn into invoices within seconds. A true time-tracking painkiller, ready to maximize productivity and help you switch to pro-active team management.

MoneyPenny - Project Report Overview for Time & Project tracking in The Cloud

With one single click, MoneyPenny users can see costs and margins by service time, expenses, items and mileages. Know margins by project, anytime, from any mobile device!

This feature helps business owners see where their money goes and where it comes from.

MoneyPenny Client Invoice Wizard for 4.0 businesses

MoneyPenny Client Invoice Wizard allows anyone to create client-related invoices for all open time logs with one click. Users choose the format they prefer - medium, long or short – and their invoice is done, just like magic.

Forget excel or summary calculation. Another click will attach the detailed timesheets straight to the newly-created invoice. AND it’s done!

Software Description:

Xero is an online accounting software suite that utilizes a modern cloud network to fully accommodate the complete range of accounting needs.
The app allows its users to coordinate and manage all financial processes within an easy to use platform, accessible from all internet-enabled devices.
This software is ideal for small business owners managing their accounts independently, as well as in collaboration with their accountants from dispersed locations.

Features:

  • Password & Access Management
  • External Integrations
  • Accounts Payable
  • Contact Management
  • API
  • Dashboard
  • Inventory Tracking
  • Multi-User
  • Multi-Currency
  • Budgeting
  • Expense Tracking
  • Data Import
  • Data Export
  • Billing/Invoicing
  • Notifications
  • Supplier Management
  • Data Visualization

Features:

  • Project Management
  • Timesheets
  • Stripe
  • PayPal
  • Tax Management
  • Customer Management
  • Contact Management
  • Billing/Invoicing
  • Multi-Currency
  • Data Import
  • Expense Tracking
  • Data Visualization
  • Dashboard
  • Notifications
  • Multi-User
  • Data Export
  • External Integrations

Features:

  • Billing/Invoicing
  • Dashboard
  • Multi-Currency
  • Payroll

Summary:

  • ERP integrations

  • Purchase Order Software

  • Spend and Expense Management

  • Procurement management software

  • E-invoicing

  • E-catalogs

  • Integrated spend analysis and reporting

Summary:

  • Time tracking

  • Invoicing

  • Team timesheets

  • Expense tracking

  • Professional Estimates

  • Business reports

  • Smart Project Tracking

Summary:

  • Easy Invoicing: Improves cashflow and helps its users get paid quickly and easily.

  • Multi-Currency Accounting: Foreign exchange rates are updated hourly, so users instantly know exactly how gains and losses are affecting their cashflow.

  • File Storage: It is possible to attach files to almost anything – from invoices to bills and transactions.

  • Creation of customizable purchase orders: Fully customizable purchase orders, ready to email them to suppliers and then copy to a bill.

  • Expense claims creation from anywhere: Users can create claims at work, home or on the go.

  • Inventory Management: Tracks the value of a user's inventory and improves stock control.

Demo

Free
Included in plan:
  • Trial Version

Standard

$5.00
3 user(s) / month
Included in plan:
  • Trial version
  • Catalog Management
  • Punchout catalogs
  • Budgeting
  • Approval Routing
  • Purchase order Management
  • Receiving
  • Accounts Payable
  • Suppliers Management
  • Unlimited Product Catalog
  • Online support

Enterprise

$40.00
1 user(s) / month
Included in plan:
  • Custom integrations
  • Dedicated Customer Success Team

Starter

$15.00
1 user(s) / month
Included in plan:
  • Unlimited Invoicing
  • Time Tracking
  • Unlimited projects, clients and expenses
  • Branded invoices and estimates with your logo
  • 1 GB of space to store your documents

Professional

$35.00
5 user(s) / month
Included in plan:
  • The same as in Starter plus:
  • Live time tracker
  • Team timesheets
  • 1 GB of space to store your documents

Enterprise

$55.00
30 user(s) / month
Included in plan:
  • The same as Professional plus:
  • Weekly team performance overview
  • Private webinar training sessions
  • 5 GB cloud space to store your Documents

Pricing:

  • Credit card required: No
  • Starter: $20/month.
    Standard: $30/month.
    Premium: $40/month.
    30-day free trial.

FAQs:

    What platforms does this service support?
  • Web-based.

  • What is this service generally used for?
  • Precoro is a cloud-based spend management solution for business that helps automate procurement processes. Key features include purchase order creation and delivery, billing, spend data analysis, vendor management, real-time budgeting, receiving, three-way matching and catalog management.

  • Does this service offer guides, tutorials and or customer support?
  • Knowledge Base, Online Support, Phone Support.

  • Who are the main user groups of this service?
  • Small and midsize businesses.

FAQs:

    Does this service offer guides, tutorials and or customer support?
  • Yes - MoneyPenny has a full guide of videos and tutorials. It also runs Webinars with training sessions.

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes, MoneyPenny is great for teams. Thanks to live time tracking you get an overview on who is working on what project or task in real time. Also thanks to HipChat and Slack integration the communication between team members is really easy.

  • Does this service integrate with any other apps?
  • Yes, MoneyPenny integrates with Slack and HipChat for better communication.

  • What platforms does this service support?
  • MoneyPenny works on desktop, tablets and iPads and mobile phones both on Android and iOS.

  • Who are the main user groups of this service?
  • MoneyPenny is great for all busienss sizes: from freelancers and startups to small and big businesses. The main group of users are companies with smaller teams (up to 5 people) and bigger companies from 6-100 employees.

  • What is this service generally used for?
  • MoneyPenny is used for all kind of paperwork that needs to be done in a company. From contacting clients, sending estimates and invoices, to team time tracking, measuring business performance and connecting with tax consultants and accountants.

FAQs:

    Who are the main user groups of this service?
  • Main user of this software are accountants and bookkeepers in small and medium-sized businesses across all industries.

  • What is this service generally used for?
  • Xero is used as a cloud-based accounting software for small and medium-sized businesses.

  • What platforms does this service support?
  • Web-based service with native mobile apps for iPhone, iPad or Android smartphone.

  • What are some applications this service is commonly used in tandem with?
  • It is most commonly used in tandem with WorkflowMax, CustomerSure, and Veeqo.

  • Does this service integrate with any other apps?
  • Xero integrates with hundreds of add-on business applications, from inventory management, invoicing and time tracking. Some of them: Batchbook, Quotient, Stripe, PayPal, WorkflowMax, Receipt Bank, Expensify, Evernote, Payment Evolution, Nexonia Expenses, Xpenditure, Constant Contact, Highrise CRM, Exsalerate, OnePage CRM.

  • Does this service offer an API?
  • Xero has an API available for use.

  • Does this service offer guides, tutorials and or customer support?
  • Support provided: Forum, Knowledge Base, Online Support, Video Tutorials.

Publisher:

Founded:
-
Based in:
-
Employees:
-
Likes:
540
Followers:

Publisher:

Founded:
-
Based in:
Schaffhausen
Employees:
11-50
Likes:
Followers:
1.59k

Publisher:

Founded:
2006
Based in:
Wellington
Employees:
1001-5000
Likes:
Followers:

Other:

Who uses Precoro
  • Startups
  • SMEs
  • Agencies
  • Enterprises
Desktop Platforms:
  • Web App
Languages:
English, Russian
Regional Restrictions:
No restrictions.

Other:

Who uses MoneyPenny
  • Freelance
  • Startups
  • SMEs
  • Agencies
  • Enterprises
Desktop Platforms:
  • Web App
  • Windows
  • Macintosh
Mobile Platforms:
  • iOS
  • Android
  • WinPhone
Languages:
German, English, French, Spanish, Russian, Polish, Portuguese, Czech, Italian, Ukrainian
Regional Restrictions:
No restrictions.

Other:

Who uses Xero
  • Startups
  • SMEs
  • Enterprises
Desktop Platforms:
  • Web App
Mobile Platforms:
  • iOS
  • Android
Regional Restrictions:
No restrictions.
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