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About

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. - Procurement: Build stronger relationships with suppliers, store contracts, and simplify requests for employees. - 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. - Supplier Management: Automate vendor onboarding and approval to mitigate possible risks. - 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.

About

SoftCoP2P is a cloud-based and on-premise software that provides solutions in financial process automation. It is designed for midsize to large companies across all industry sectors. SoftCoP2P facilitates the creation of product catalogs, requisitioning, and PO generation for indirect spend. The solution’s AP Automation module SoftCoAP processes supplier invoices electronically from capture and matching to invoice approval, query management and payment. The solution manages all PO and non-PO vendor invoices. All invoices are captured using SoftCo's Data Capture technology or via SoftCo’s outsource data capture service. The dynamic matching engine handles 2-way, 3-way and AI Smart Matching to match invoice data to purchase orders and goods receipt notes. SoftCoAP assigns non-PO invoices to an automatic general ledger and cost center through posting templates that are associated with suppliers.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Progressive Small, Mid-sized Businesses and Large Enterprises from all the industries, all over the world, that would like to take 100% control over their purchases and don't spend much time on the implementation!

Audience

Companies that process over 15,000 invoices per year

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$499/month
Free Version
Free Trial

Pricing

$45,000 /year
Free Version
Free Trial

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 4.9 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Precoro
Founded: 2015
United States
precoro.com

Company Information

SoftCo
Founded: 1990
United States
www.softco.com

Alternatives

Alternatives

Penny

Penny

Penny Software
eBuyerAssist

eBuyerAssist

Eyvo eProcurement

Categories

Categories

Procure to Pay Features

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Expense Report Features

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

Purchasing Features

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Spend Management Features

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Vendor Management Features

Audit Management
Contact Management
Customer Database
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Managed Inventory
Vendor Performance Rating
Vendor Qualification Tracking

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Integrations

NetSuite
Sage Intacct
Amazon
Amazon Business
Clarity Wave
Exact Online
Grainger
JD Edwards EnterpriseOne
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Power BI
Odoo
Orange Apron Media
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Sage 100
Sage 50
Slack
Xero

Integrations

NetSuite
Sage Intacct
Amazon
Amazon Business
Clarity Wave
Exact Online
Grainger
JD Edwards EnterpriseOne
Microsoft Dynamics 365
Microsoft Dynamics 365 Business Central
Microsoft Power BI
Odoo
Orange Apron Media
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Sage 100
Sage 50
Slack
Xero
Claim SoftCo Procure-to-Pay and update features and information
Claim SoftCo Procure-to-Pay and update features and information