Precoro vs SynerTrade 5
Precoro
precoro.comSynerTrade 5
synertrade.comSide by side
| Figure | Precoro | SynerTrade 5 |
|---|---|---|
| Price from | $499/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| iOS | Yes | — |
| Android | Yes | — |
| API | Yes | Yes |
| Plans published | 4 | 1 |
| Spec score · Procure-to-Pay Software | 7.6 (#9) | 6.7 (#18) |
| Founded | 2015 | 2000 |
| Integrations | Listed integrations include QuickBooks Online, Xero, Slack, NetSuite, Power BI, and BILL. | Synertrade describes integrations with leading ERP systems, financial platforms, and other enterprise applications through APIs and pre-built connectors. |
| Security | Precoro states that it supports multi-factor authentication and SSO and complies with SOC 2 Type II, GDPR, UK GDPR, CCPA, and HIPAA. | Synertrade states that the platform uses enterprise-grade encryption, regular security audits, GDPR and SOC 2 compliance, cyber risk monitoring, and multi-factor authentication. |
| Support | Precoro says each client is assigned a dedicated customer success manager. | Synertrade describes three support levels, including Level 3 access to product and engineering expertise, with resolution aligned to SLAs. |
Plans
Precoro
- AP Module$499 a month
- Core$499 a month
- Automation$999 a month
- EnterprisePriced on request
In their own words
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.
SynerTrade 5
SynerTrade 5 has no write-up on Specifiction yet; its figures are above.