Precoro review

Precoro is one of the few full procure-to-pay vendors that publishes prices. Core starts at $499 per month billed annually and covers purchase requests, POs, receipts, invoices, 2- and 3-way matching, automated approvals, custom fields and workflows, a service and item catalog, invoice payments with prepaid virtual cards, vendor management, a contract repository and expense management. It connects to QuickBooks Online, Xero, Slack and MS Teams and includes a mobile app. Automation, from $999 per month, adds AP automation, e-invoicing, intake management, inventory, PunchOuts, AI document processing, a supplier portal, vendor onboarding, RFPs and real-time budget tracking, plus API access and SSO. Enterprise adds unlimited users, ERP integrations and a choice of US or EU servers. Precoro also sells a standalone AP Module from $499 per month. The catch is that budget tracking and intake, which many finance teams want first, sit on the higher plan.

Who it is for

Growing companies that want full procure-to-pay with a published starting price.

Price

Core from $499 per month billed annually; Automation from $999 per month; Enterprise custom.

Core starts at $499 /month billed annually Ideal for small teams with essential procurement needs.
Quoted from the vendor pricing page on November 9, 2026.

Key features

• Purchase requests, POs, receipts and invoices with 2- and 3-way match
• Automated approvals with custom fields and workflows
• Vendor management and a contract repository on Core
• Supplier portal, vendor onboarding and RFPs on Automation
• QuickBooks Online, Xero, Slack and MS Teams integrations

Strengths and weaknesses

• Strength: Published starting prices for every non-enterprise plan
• Strength: Core already includes vendor management and expense management
• Strength: Separate AP Module from $499 per month for teams focused on invoices
• Weakness: Intake management, PunchOuts and real-time budget tracking need Automation at $999
• Weakness: ERP integrations are listed on Enterprise
• Weakness: Annual billing only on published prices

Key facts

• Entry plan: Core, from $499 per month billed annually
• Mid plan: Automation, from $999 per month billed annually
• Go-live: 2 to 8 weeks with full support, per Precoro

Where it ranks

Precoro is No. 3 in our Best Procurement Software verdict.