Precoro vs JAGGAER ONE

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Our analysts compared Precoro vs JAGGAER ONE based on data from our 400+ point analysis of Procurement Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Precoro is a comprehensive software solution designed to streamline procurement processes for businesses. It is particularly well-suited for small to medium-sized enterprises looking to automate their purchasing, expense management, and supply chain operations. One of the key benefits of using Precoro is its ability to reduce manual work and errors, thereby saving time and improving efficiency. The software is popular for features such as automated purchase orders, real-time budget tracking, and customizable approval workflows, which collectively enhance the procurement process. When compared to similar products in the market, users often highlight Precoro's user-friendly interface and responsive customer support as distinguishing factors. Pricing for Precoro typically follows a subscription model, with costs varying based on the number of users and the specific features required by the business. This flexible pricing structure allows companies to scale the software according to their needs and budget.

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JAGGAER ONE is a cloud-based procurement platform that aims to streamline and automate the entire source-to-pay cycle for organizations. It's well-suited for businesses of all sizes, particularly those seeking centralized control over spending and supplier relationships. Key benefits include increased visibility into procurement activities, reduced costs through e-sourcing and spend analytics, and improved compliance with procurement policies. Popular features encompass supplier management, contract lifecycle management, and invoice automation. User experiences in the procurement context highlight JAGGAER ONE's strengths in user-friendliness, configurability, and integration with existing enterprise systems. However, some users report challenges with data migration and ongoing maintenance. Pricing is typically based on a subscription model with per-user or transaction fees, varying depending on the specific modules and level of customization required. Overall, JAGGAER ONE offers a comprehensive suite of procurement tools that can significantly improve efficiency and cost savings for organizations, but it's crucial to carefully assess its suitability and pricing structure before implementation.

Pros
  • Streamlines workflows
  • Boosts visibility & control
  • Reduces costs & errors
  • Improves supplier management
  • Offers data-driven insights
Cons
  • Complex setup & migration
  • High initial cost & maintenance
  • Limited customization options
  • Steep learning curve for users
  • Integration challenges with legacy systems
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$35/User, Monthly
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$45,000 Annually, Quote-based
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Windows
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Chromebook
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Product Assistance

Documentation
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Live Online
Videos
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Videos
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FAQ
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Cost Reduction: Precoro helps businesses significantly cut down on unnecessary spending by streamlining procurement processes, ensuring that every dollar spent is accounted for and optimized for the best value.
  • Time Savings: Automating routine procurement tasks with Precoro frees up valuable time for your team, allowing them to focus on strategic decisions rather than getting bogged down in paperwork and manual processes.
  • Enhanced Transparency: With centralized tracking of purchases, approvals, and budgets, Precoro offers unparalleled visibility into your procurement operations, making it easier to identify and address inefficiencies.
  • Improved Compliance: Precoro's built-in controls and audit trails ensure that procurement activities comply with internal policies and external regulations, reducing the risk of financial penalties and reputational damage.
  • Better Supplier Management: By consolidating supplier information and interactions in one place, Precoro makes it easier to manage relationships, negotiate better terms, and evaluate performance, leading to more strategic partnerships.
  • Streamlined Approval Processes: Precoro automates the approval workflow, ensuring that purchases are reviewed and approved by the right people in a timely manner, thus speeding up the procurement cycle.
  • Increased Financial Control: With real-time budget tracking and reporting features, Precoro gives businesses the tools they need to manage their finances more effectively, preventing budget overruns and improving fiscal responsibility.
  • Scalability: Whether you're a small business looking to grow or a large enterprise seeking efficiency, Precoro's flexible platform scales with your needs, ensuring that your procurement processes evolve in line with your business.
  • Data-Driven Decisions: Precoro's comprehensive reporting and analytics tools provide actionable insights into your procurement activities, helping you make informed decisions that drive business success.
  • User-Friendly Interface: Designed with the end-user in mind, Precoro offers an intuitive interface that makes it easy for anyone in your organization to adopt and use, regardless of their technical expertise.
  • Integration Capabilities: Precoro seamlessly integrates with a wide range of ERP and accounting systems, ensuring that procurement data flows smoothly across your business systems, enhancing operational efficiency.
  • Mobile Accessibility: With Precoro's mobile app, users can manage procurement tasks on the go, ensuring that business continues uninterrupted, no matter where they are.
  • Customization Options: Precoro offers a variety of customization options, allowing businesses to tailor the software to their specific procurement processes and requirements, ensuring a perfect fit for their operations.
  • Exceptional Customer Support: Precoro prides itself on providing top-notch customer support, with a dedicated team ready to assist with any questions or issues, ensuring a smooth and successful implementation and usage.
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  • Enhanced cost control and savings: Leverage AI-powered spend analytics to identify and eliminate wasteful spending, optimize supplier contracts, and negotiate better deals.
  • Streamlined procurement processes: Automate manual tasks, centralize purchase orders, and reduce approval bottlenecks, accelerating cycle times and boosting efficiency.
  • Improved supplier collaboration and risk management: Foster stronger relationships with suppliers through self-service portals, automate supplier onboarding and qualification, and mitigate risks with proactive compliance monitoring.
  • Data-driven decision making and insights: Gain real-time visibility into all procurement activities, analyze spending patterns, and predict future needs to optimize sourcing strategies and budgets.
  • Increased compliance and risk mitigation: Ensure adherence to regulations and internal controls with built-in compliance tools, minimize audit risks, and protect against fraud.
  • Scalability and adaptability: Adapt to changing business needs and accommodate growth with a flexible platform that scales seamlessly to meet your evolving procurement requirements.
  • Improved user experience and productivity: Simplify procurement tasks with intuitive interfaces, mobile access, and role-based permissions, empowering users and boosting productivity.
  • Sustainable procurement practices: Promote responsible sourcing and ethical supplier relationships with tools for supplier diversity, carbon footprint tracking, and conflict minerals management.
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  • Purchase Request: Manage all the requests in a single platform, clear statuses and analyze requests. Also provides e-commerce capabilities with catalogues. 
  • Purchase Orders: Automate the creation of purchase orders, attach files and export POs. Instantly convert requests into orders and leave comments on POs to pass information.  
  • Approval Workflow: Customize based on departments and locations, and receive instant notifications. Approve on a mobile phone and set thresholds and policies for routing. 
  • Budget Management: Create budgets for departments, locations and other custom fields. Automatically set budget limits, manage bulk uploads, control budget in real time with the help of a progress bar and get data-based reports to make informed decisions. 
  • Reporting: Includes standard, visual and customized reports for access to real-time data and filters for more precise reports. Allows exporting to accounting software. 
  • Integration: Get automatic integration and match fields automatically for flat-file integration. Integrate with Xero, NetSuite, QuickBooks and more. 
  • Inventory: Offers warehouse management, stock tracking and stock transferring. Get receipts for goods in the warehouse and manage stock requests and approvals. 
  • Three-Way Match: Match POs to receipts and invoices, track discrepancies, customize additional workflows and exceptions, and manage order revisions. 
  • Supplier Management: Create and manage a suppliers portal and suppliers list. Set up infinite product catalogs, manage contracts, store contacts and receive reports on supplier performance. 
  • User Management: Restrict user access, use two-factor authentication and manage multiple currencies, offices and countries in a single account. 
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  • Supplier Management: Manage your entire supplier lifecycle, from onboarding and qualification to performance tracking and risk mitigation. Enjoy self-service portals for suppliers, automated workflows, and robust collaboration tools.
  • e-Sourcing and Sourcing Optimization: Conduct strategic sourcing events, from reverse auctions to RFQs, automate supplier selection, and optimize contract terms with AI-powered insights.
  • Contract Lifecycle Management: Streamline contract creation, approval, negotiation, and execution. Gain real-time visibility into contracts, manage obligations and compliance, and automate renewals.
  • Purchase Order Management and Spend Analytics: Centralize purchase orders, automate approvals and workflows, and gain deep insights into spending patterns. Identify cost savings opportunities, optimize supplier relationships, and improve budget forecasting.
  • Invoice Automation and Matching: Automate invoice processing, eliminate manual data entry errors, and accelerate payment cycles with AI-powered matching and three-way matching capabilities.
  • Compliance and Risk Management: Ensure adherence to internal policies and external regulations with built-in compliance tools, risk assessment capabilities, and audit trails. Mitigate fraud and supplier risk through proactive monitoring and controls.
  • Business Intelligence and Reporting: Gain real-time visibility into all procurement activities with customizable dashboards and reports. Analyze data, identify trends, and make informed decisions based on actionable insights.
  • Mobile Access and User-Friendly Interface: Access JAGGAER ONE on any device, from desktops to smartphones, with a user-friendly interface that simplifies procurement tasks for all users. Role-based permissions ensure secure access and control.
  • Open Integration Platform: Integrate JAGGAER ONE seamlessly with your existing ERP, financial, and other enterprise systems to create a connected and efficient procurement ecosystem.
  • Advanced Analytics and AI: Leverage AI-powered spend analytics, supplier risk assessment, and predictive insights to optimize your procurement strategy, identify cost savings opportunities, and make data-driven decisions.
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Product Ranking

#22

among all
Procurement Software

#78

among all
Procurement Software

Find out who the leaders are

Analyst Rating Summary

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92
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100
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Dashboard and Reporting
Platform Capabilities
Platform Security
Requisitions
Purchase Orders Management
Budget Management
Dashboard and Reporting
Platform Capabilities
Platform Security
Sourcing

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Precoro
JAGGAER ONE
+ Add Product + Add Product
Budget Management Contract Management Dashboard And Reporting Invoice Management Mobile Capabilities Native Integration And Extensibility Platform Capabilities Product Catalog Purchase Orders Management Receiving And Inventory Management Requisitions Sourcing Spend Management Supplier Management 88 76 100 89 77 60 100 80 90 39 96 67 58 62 100 89 100 87 60 75 100 97 90 93 92 100 92 100 0 25 50 75 100
88%
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70%
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90%
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89%
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11%
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80%
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43%
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29%
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80%
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90%
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92%
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8%
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62%
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85%
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15%
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33%
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50%
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80%
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54%
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31%
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

33%
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67%
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33%
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User Sentiment Summary

Excellent User Sentiment 264 reviews
Excellent User Sentiment 2 reviews
95%
of users recommend this product

Precoro has a 'excellent' User Satisfaction Rating of 95% when considering 264 user reviews from 5 recognized software review sites.

90%
of users recommend this product

JAGGAER ONE has a 'excellent' User Satisfaction Rating of 90% when considering 2 user reviews from 1 recognized software review sites.

5.0 (1)
n/a
4.6 (43)
n/a
4.8 (164)
n/a
4.8 (55)
4.5 (2)
4.0 (1)
n/a

Awards

Precoro stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

SelectHub research analysts have evaluated JAGGAER ONE and concluded it earns best-in-class honors for Budget Management, Receiving and Inventory Management and Supplier Management. JAGGAER ONE stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Budget Management Award
Receiving and Inventory Management Award
Supplier Management Award

Synopsis of User Ratings and Reviews

Easy to Use: According to all users mentioning this aspect, the system is very easy to use and requires little training.
Budget Management: Every reviewer referring to this feature observes that the system has helped bring transparency and gain control over their budget.
Customer Support: The service team is always there to answer questions and even help make available features not offered by the software, according to all reviews referring to this aspect.
Approval Workflow: Everyone mentioning this feature says the system has helped them become fast and effective by offering customizable approval workflows.
Purchasing Process: It helps automate, streamline and maintain the purchasing process, according to more than 88% of reviews on this feature.
Reports: It’s easy to access real-time and customized reports, according to 70% of reviewers referencing this feature.
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Streamlined Workflows: Simplifies complex procurement processes with guided buying, approvals, and contract management.
Enhanced Visibility: Provides real-time insights into spending, contracts, and supplier performance, fostering data-driven decision making.
Improved Collaboration: Connects internal stakeholders and external suppliers on a single platform, promoting better communication and streamlining collaboration.
Reduced Costs: Automates tasks, identifies savings opportunities through spend analytics, and negotiates better contracts, leading to significant cost reductions.
Increased Efficiency: Eliminates manual processes and automates repetitive tasks, freeing up time for strategic initiatives and boosting overall procurement efficiency.
Improved Compliance: Ensures adherence to procurement policies and regulations through guided workflows and automated controls, mitigating risks and improving compliance.
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Purchase Orders: It’s difficult to create and delete open POs and to set repetitive POs, according to more than 55% of users mentioning this feature.
Integration: Integration with SAP, NetSuite, QuickBook and other accounting solutions is difficult, as more than 85% reviews that mention this feature note.
Import: All the reviewers that mention this aspect report that data importing needs improvement, as many things need to be entered manually.
Search Tool: Every user mentioning this aspect finds it difficult to search for POs with items named in it.
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Complex Interface: Steep learning curve for new users, with a complex interface and navigation.
Limited Customization: Limited options for customizing workflows and reports to specific needs, leading to inflexibility.
Performance Issues: Can experience lag and slow response times, especially with large data sets or complex workflows, impacting user productivity.
Scalability Concerns: May not scale well for large organizations or complex procurement requirements, leading to potential limitations in the future.
High Cost: Can be expensive to implement and maintain, with ongoing subscription fees and potential consulting costs, raising budget concerns.
Integration Challenges: Integrating with existing systems can be complex and time-consuming, requiring additional resources and expertise.
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Reviews from the past year for Precoro paint a picture of a platform that streamlines procurement processes, saving businesses valuable time and money. Users consistently highlight Precoro's intuitive interface, making it accessible even for those without a finance background. The platform's robust reporting capabilities, with over 150 data points, empower financial teams to analyze spending patterns and make informed decisions. Integration with popular accounting software like QuickBooks and Xero further enhances Precoro's appeal, automating tasks and reducing manual data entry. While Precoro receives widespread acclaim, some users note occasional system instability requiring restarts. Additionally, managing supplier interactions can be challenging as suppliers lack dedicated accounts within the platform. Despite these drawbacks, Precoro's strengths far outweigh its weaknesses. Its comprehensive feature set, ease of use, and time-saving automation make it a standout choice in the procurement software landscape. Businesses seeking a holistic solution to optimize their procurement processes will find Precoro to be an invaluable asset. From small startups to large enterprises, Precoro's scalability and affordability cater to diverse organizational needs. If you're looking to transform your procurement operations and unlock cost savings, Precoro is undoubtedly worth exploring.

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JAGGAER ONE gets mixed reviews from Procurement users. Fans praise its comprehensive suite, boasting, "It streamlines everything from sourcing to contract management, giving us a clear picture of our entire spend." This centralized view and automated workflows are lauded for boosting efficiency, with one user exclaiming, "We've slashed manual tasks, freeing up time for strategic sourcing initiatives." However, JAGGAER ONE's complexity can be a double-edged sword. While its depth is praised for offering "granular control over every step of the procurement process," the learning curve is steep, with users lamenting, "The interface is overwhelming, especially for new team members." This complexity can also lead to inflexibility, as some users find it "difficult to customize workflows and reports to fit our specific needs." Compared to Ariba, users appreciate JAGGAER ONE's focus on supplier collaboration. "The supplier portal fosters better communication and transparency, leading to stronger relationships," one user says. However, JAGGAER ONE's performance can falter, with reports of lag and slow response times, particularly when compared to Ariba's renowned speed. Cost is another concern, with JAGGAER ONE's price tag seen as "prohibitively high" by some. Ultimately, JAGGAER ONE is a powerful tool, but its complexity and cost might deter smaller organizations or those seeking a simpler solution. For those who prioritize deep functionality, supplier collaboration, and data-driven decision making, JAGGAER ONE's strengths outweigh its weaknesses, but careful consideration is crucial.

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Screenshots

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