Compare Precoro vs SAP Ariba

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About Precoro

Precoro is a cloud-based solution for procurement centralization & automation. It unifies your procurement operations, eliminates manual work, prevents maverick spend and drives savings — faster than you think. Save 5% of every dollar spent by centralizing procurement data, identifying cost-saving opportunities, and eliminating duplicated payments.

  • Procurement: Build stronger relationships with suppliers, store contracts, and simplify requests for employees. Gain full visibility into spending, manage POs, orchestrate approval routings, and collaborate with suppliers in one tool.

  • AP Automation: Save time at each stage of invoice processing with AP inbox, AI-powered OCR, approval workflow, 3-way matching, reporting, integrations, and budget control.

  • Spend Management: Seamlessly navigate budgets across locations and departments, manage expenses, and generate reports for insightful analysis. Monitor budget usage to leverage data-driven insights that enhance business profitability.

  • Supplier Management: Automate vendor onboarding and approval to mitigate possible risks. Utilize a supplier portal for efficient communication and manage supplier information in a centralized repository.

  • Connect Precoro with ERP systems and business tools like NetSuite, QuickBooks Online, Xero, and Sage, or build custom connections using a free API. Eliminate duplicate payments and manual document handling.

Precoro’s intuitive interface ensures onboarding in under 6 weeks - without IT involvement. Customize, scale, and manage with ongoing support from your dedicated Customer Success Manager (CSM).
Keep all your data secure with SSO and reliable 2-factor authentication. Our privacy compliance program aligns with the General Data Protection Regulation and the California Consumer Privacy Act. Moreover, Precoro is SOC 2 Type II compliant, ensuring the utmost protection for all your sensitive data.

About SAP Ariba

SAP Ariba enables companies to achieve compliance, visibility, and control while cutting costs and risks. It is professional procurement solution for both buyers and suppliers, suited for businesses of all sizes, and is considered to be one of the largest Internet-based trading communities.

Ariba makes it easy for its users to cooperate with their trading partners using cutting-edge SaaS solutions integrated into one single platform. The software is cloud-based, so no installation is required, and users can access it through a multi-tenant platform with the user-friendly interface. This way, businesses get the assortment of capabilities, market-leading innovations, and integration with Ariba Network.

Beside procurement platform, Ariba offers contract management solution, that controls all sorts of transactions, including procurement, sales, and internal contracts. Users have full visibility of their contracts, full compliance, reporting, and online authorization.

Features

  • Accounts Payable
  • API
  • Data Export
  • Data Import
  • Expense Tracking
  • External Integrations
  • Inventory Tracking
  • Multi-User
  • Notifications
  • Supplier Management
  • Shipping Management
  • Order management
  • SAP Integration

Features

  • Accounts Payable
  • API
  • Data Export
  • Data Import
  • Expense Tracking
  • External Integrations
  • Inventory Tracking
  • Multi-User
  • Notifications
  • Supplier Management
  • Shipping Management
  • Order management
  • SAP Integration

Summary

  • Purchase Request and Purchase Order Management

  • e-Catalogs

  • Cost Allocation

  • Integrations with accounting softwares and ERPs

  • Flexible Approval Routing

  • Invoice Management

  • Customizable Reporting

  • Amazing Three Way Matching

Summary

  • Supply chain collaboration

  • Strategic sourcing

  • Procurement

  • Contract management

  • Spend analysis

  • Supplier management

  • Financial supply chain management

  • Invoice management

  • Dynamic discounting

  • Payments

Pricing

Core

$499.00
10 user(s) / month
Included in plan:
  • Advanced procurement: PRs, POs, SOs, Receipts, Invoices
  • 2-way and 3-way match
  • Automated approvals
  • Custom fields and workflows
  • Vendor and contract management
  • Service & item catalog
  • Expense management
  • Reporting and analytics
  • Mobile app
  • Integrations with QuickBooks Online, Xero, and Slack

Automation

$999.00
50 user(s) / month
Included in plan:
  • AI-powered AP automation
  • Real-time budget tracking
  • Intake management
  • Vendor onboarding and approval
  • PunchOut catalogs
  • Supplier Portal
  • Inventory
  • RFPs
  • Advanced integrations
  • API connection
  • SSO
  • Audit log

Enterprise


unlimited user(s) / month
Included in plan:
  • Unlimited users
  • ERP integrations
  • Regional server selection
  • IP white-listing
  • Advanced admin controls
  • Enterprise-grade data protection

FAQs

    Does this service offer guides, tutorials and or customer support?
  • Yes, a lot of help. Each client has their own Customer Success Manager, and they can get a lot of help from the Knowledge Base, Online Support, Online Chat.

  • Does this service offer an API?
  • Yes, here it is: https://documenter.getpostman.com/view/6493532/RzthSX7U

  • What are some applications this service is commonly used in tandem with?
  • Quickbooks Online, Xero, NetSuite, Slack, Amazon Business Punch-in.

  • What platforms does this service support?
  • Web-based, you can access it from any device, wherever the Internet is.

  • Does this service offer multi-user capability (e.g. teams)?
  • Yes, clients can add any count of departments, teams, locations, and offices.

  • Who are the main user groups of this service?
  • Small, Midsize Businesses and Large Enterprises.

  • Does this service integrate with any other apps?
  • Yes, Precoro integrates with accounting and ERP software.
    NetSuite, Xero, QuickBooks Online, Slack, Amazon Business Punch-in, Sage Intacct, etc.

  • What is this service generally used for?
  • Precoro is a cloud-based solution delivering Centralization & Automation for achieving Operational Purchasing Excellence. Key features include purchase order creation and delivery, billing, spend data analysis, vendor management, real-time budgeting, receiving, three-way matching, and catalog management.

FAQs

    Does this service offer multi-user capability (e.g. teams)?
  • Yes, it offers multiple user accounts for different roles in the company.

  • What platforms does this service support?
  • This is a web-based software.

  • What are some applications this service is commonly used in tandem with?
  • It is commonly used in tandem with SAP platform.

  • What is this service generally used for?
  • This service is used as a cloud-based procurement platform by both buyers and suppliers.

  • Does this service integrate with any other apps?
  • SAP Ariba integrates with SAP ERP.

  • Does this service offer an API?
  • Yes, it offers open API.

  • Who are the main user groups of this service?
  • Main users of SAP Ariba are SMEs and large enterprises.

  • Does this service offer guides, tutorials and or customer support?
  • Support: FAQs, Customer Portal, Phone Support, Email Support.

Vendor Information

Founded:
-
Based in:
-
Employees:
-
Likes:
Followers:
898

Vendor Information

Founded:
-
Based in:
Palo Alto
Employees:
1001-5000
Likes:
Followers:
23k

Other

Who uses Precoro
  • Startups
  • SMEs
  • Enterprises
Desktop Platforms:
  • Web App
  • Windows
  • Macintosh
Mobile Platforms:
  • iOS
  • Android
  • WinPhone
  • Blackberry
Languages:
English, French, German, Spanish
Regional Restrictions:
No restrictions.

Other

Who uses SAP Ariba
  • SMEs
  • Enterprises
Desktop Platforms:
  • Web App
Languages:
English, German, French, Spanish, Portuguese, Chinese, Japanese, Korean, Russian
Regional Restrictions:
No restrictions.

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