Market Dojo vs Precoro
Market Dojo
marketdojo.com
Precoro
precoro.comSide by side
| Figure | Market Dojo | Precoro |
|---|---|---|
| Price from | £41.67/mo | $499/mo |
| Free plan | Yes | — |
| Free trial | Yes | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 16 | 4 |
| Spec score · Supplier Onboarding Software | 9.0 (#1) | 7.6 (#12) |
| Founded | 2010 | 2015 |
| Integrations | Official integrations include multi-ERP connectivity, Focal Point, Esker and Veridion. | Listed integrations include QuickBooks Online, Xero, Slack, NetSuite, Power BI, and BILL. |
| Product | Market Dojo provides on-demand and enterprise SaaS for eSourcing and supplier engagement, including sourcing, supplier onboarding and contract management. | Precoro is a procurement platform for centralizing purchasing workflows and connecting procurement with finance systems. |
| Security | The FAQ states that daily backups, SSL encryption, declarative authorization and a self-defending network are used. | Precoro states that it supports multi-factor authentication and SSO and complies with SOC 2 Type II, GDPR, UK GDPR, CCPA, and HIPAA. |
| Support | Support is offered through live chat, phone and email, including help for suppliers participating in events. | Precoro says each client is assigned a dedicated customer success manager. |
Plans
Market Dojo
- Opportunity Analysis Free PlanFree
- Contract Management£5, paid once
- Simple Sourcing — annual licence£500 a year
- Market Dojo – Sourcing£525 a month
- Pro Sourcing — annual licence£583 a year
- Advanced Sourcing — annual licence£667 a year
- Supplier Onboarding Simple£833.33 a year
- Simple Sourcing — monthly licence£1,000 a month
- Simple Sourcing — single event£1,000, paid once
- Pro Sourcing — monthly licence£1,500 a month
Precoro
- AP Module$499 a month
- Core$499 a month
- Automation$999 a month
- EnterprisePriced on request
In their own words
Market Dojo
Market Dojo provides eSourcing and supplier engagement software for sourcing, supplier onboarding, and contract management. Its sourcing tools support RFIs, RFPs, RFQs, weighted events, document uploads, and pricing tables. Auction formats include open, ranked, Japanese, forward, and reverse auctions. Supplier questionnaires support weighted questions, several question types, tables, and document uploads, with generative AI and automatic or manual scoring. A RESTful API is available to all users and includes live documentation. Listed integrations include multi-ERP, Focal Point, Esker, Veridion, Power BI, Microsoft Entra ID, Google SSO, Okta, Spend HQ–PMM, and SAML. Market Dojo says it is ISO 27001 certified and hosts its software on Google Cloud Platform. Access is available on the web and through an API, with support by live chat and email. Free Sourcing Starter access is for test events and trying the tool as buyer and supplier, but is limited to test suppliers. Paid sourcing has annual, monthly, and single-event options; Simple Sourcing annual licence is £500 a year.
Precoro
Precoro is a procurement platform that brings purchasing workflows together and connects them with finance systems. It handles purchase requests, purchase orders, receipts, invoices, and automated approvals, with two-way and three-way matching. Teams can manage suppliers, use a supplier portal, and guide request intake. Listed integrations include QuickBooks Online, Xero, Slack, NetSuite, Power BI, and BILL; an API and SFTP connector can connect internal systems and other tools. The iOS and Android app supports requests, approvals, order tracking, and purchase order dispatch, though it does not yet include every function in the web version. Precoro states that it supports multi-factor authentication and SSO and complies with SOC 2 Type II, GDPR, UK GDPR, CCPA, and HIPAA. Each plan includes standard onboarding; implementation is typically described as taking 2–8 weeks. Core and AP Module each cost $499 a month billed annually; Automation costs $999 a month billed annually. There is no free plan.