PaymentWorks vs Precoro
PaymentWorks
paymentworks.com
Precoro
precoro.comSide by side
| Figure | PaymentWorks | Precoro |
|---|---|---|
| Price from | Free | $499/mo |
| Free plan | Yes | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 2 | 4 |
| Spec score · Supplier Onboarding Software | 7.7 (#10) | 7.6 (#12) |
| Founded | 2014 | 2015 |
| Support | The Help Center provides support guidance for creating tickets, tracking responses, and resolving issues with the PaymentWorks Support Team. | Precoro says each client is assigned a dedicated customer success manager. |
Plans
PaymentWorks
- Vendor and payee registrationFree
- Payer platformPriced on request
Precoro
- AP Module$499 a month
- Core$499 a month
- Automation$999 a month
- EnterprisePriced on request
In their own words
PaymentWorks
PaymentWorks has no write-up on Specifiction yet; its figures are above.
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.