The 2025 SaaS Trends Report:Uncover the top purchases, pricing trends, and AI's impact  
The 2025 SaaS Trends Report: Uncover the top SaaS purchases, pricing trends, and AI's impact on software buying
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About

Precoro

Precoro is an end-to-end cloud-based procurement solution.

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How much does Precoro cost?

Precoro is a cloud-based procurement solution that offers various pricing tiers to accommodate different business needs. The Core plan starts at $499 per month when billed annually, designed for basic procurement needs with features such as automated approvals, custom fields, vendor management, and integrations with tools like QuickBooks and Xero. The Automation plan is priced at $999 per month and includes advanced features like AI-powered automation and budget tracking. Finally, the Enterprise plan offers tailored pricing and additional features for larger organizations, including unlimited users and ERP integrations.When negotiating with Precoro, it is essential to emphasize your unique business requirements and make the case for a customized pricing approach. They are known to be flexible with pricing based on the size and needs of your organization. Prepare to discuss potential add-ons and integrations that you may require, as these can also influence the overall cost. Utilizing their promotional materials can help in showcasing the value their platform can bring to your procurement processes.
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How does Precoro price and package their products?
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Core
$499/monthPricing Modelbilled annuallyBillingannualTerm LengthannualPopular FeaturesIdeal for basic procurement needs with quick implementation and user adoption.

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Negotiating with Precoro

Negotiation Tips

Try to negotiate the removal of any automatic renewal clause in the contract. Emphasize that your finance team requires the ability to reevaluate contracts and vendors before committing to another term, which is especially important for central procurement tools like Precoro. This tactic provides you with flexibility for future negotiations and helps to ensure that you are getting the best possible pricing and terms each year.
Leverage any security requirements to push for better pricing. Since Precoro is SOC 2 compliant, emphasize that any additional required features for compliance should not incur extra costs. Frame your argument that achieving compliance should be a mutual objective and that if these features are essential, they should be included in your current contract terms without an uplift in fees.
Negotiate to remove any proposed uplift in pricing upon renewal. Stress that your team has not seen a significant change in the scope of your use of Precoro, and the uplift is unwarranted, especially as you continue to expand usage and integrate workflows. Leverage the expected growth in user volume to advocate for flat pricing instead of increases.
When discussing pricing, emphasize that the current financial climate has required budget restraint and that the proposed pricing does not fit your budget. Request that any discounts offered be structured as a multi-term discount rather than a one-time benefit, ensuring that similar discounts will be considered in future renewals.
If you plan to scale the number of users or functionalities, leverage this growth potential to negotiate for lower per-user pricing. Highlight that rapidly increasing your user base should result in economies of scale that work in your favor for future pricing structures. This tactic should help to lower your overall expenditure by encouraging the vendor to offer bulk pricing.

Considerations when buying Precoro

OwnershipPrivate
Fiscal year endDecember 31
Best months to buyJanuary, July, October
Payment TermsAnnual billing, Monthly billing
Upgrades/downgradesYes, Precoro offers both upgrades and downgrades for its services, making it easy for users to adjust their resources as their needs change.
Redline thresholdRedline threshold estimate is $10k.

Additional Info

What is Precoro?

Precoro is an end-to-end cloud-based procurement solution.
Precoro's 1 Product
Precoro
Precoro is an end-to-end cloud-based procurement solution.

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