Software Alternatives, Accelerators & Startups

Precoro VS Peerspace

Compare Precoro VS Peerspace and see what are their differences

Precoro logo Precoro

Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform!

Peerspace logo Peerspace

The easiest way to book meeting rooms, event venues, filming locations & more. Explore 13000+ spaces, read unbiased reviews, and find a space near you.
  • Precoro Mobile App (IOS & Android)
    Mobile App (IOS & Android) //
    2024-05-30
  • Precoro Dashboard
    Dashboard //
    2024-05-30
  • Precoro Purchasing documents
    Purchasing documents //
    2024-05-30
  • Precoro Approval workflow
    Approval workflow //
    2024-05-30
  • Precoro Budgeting
    Budgeting //
    2024-05-30

  • Approve documents 2,5x faster from any device using email or Slack notifications. Streamline approval workflow by adding as many steps as you need and assigning specific roles for colleagues.

  • Save up to 19% of your purchasing budget. Track discounts and never spend more than planned. Increase cash flow transparency by monitoring corporate expenses (including reimbursements). Get clear analytics and insightful reports to plan your procurement strategy more thoughtfully.

  • Reduce manual data entry. Create, approve and track POs just in a few clicks or transfer your orders from Amazon Business via Punch-in. Manage suppliers, item catalogs, inventory, and more within one platform.

  • Connect Precoro with your ERP and other business tools using ready-made integrations (NetSuite, QuickBooks, Xero) or a free API. Forget about duplicated payments and manual document matching.

  • Keep all your data secure with SSO and reliable 2-factor authentication.

  • Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand.

Precoro's user-friendly interface lets you forget about complex onboarding and long-lasting training. You'll get advisory and support from your CSM anytime you need it. Precoro grants you access to all features and updates regularly.

Sincerely yours, Precoro team

  • Peerspace Landing page
    Landing page //
    2023-03-25

Precoro

$ Details
paid Free Trial $249.0 / Monthly (for "Core" package)
Platforms
Web Browser Windows Android iOS Google Chrome Mac OSX Firefox Linux Safari Cloud Chrome OS Opera
Release Date
2015 January
Startup details
Country
United States
State
New York
City
Brooklyn
Founder(s)
Andrew Zhyvolovych
Employees
50 - 99

Peerspace

Pricing URL
-
$ Details
-
Platforms
-
Release Date
2014 February

Precoro features and specs

  • Purchase Requests: All the requests in one place. Clear statuses. Streamlined approval workflow. Ecommerce experience with a product catalog. Request analytics.
  • Purchase Orders: Automatic Purchase Order creation. Instant conversion of Requests into Orders. Automatic supplier sending. File attachments, PO export. Internal comments.
  • Approval Workflow: Customisable approval workflow. Approvals on locations, departments, custom fields. Smart notifications. Thresholds and policies for a precise routing. Mobile on-the-go approvals.
  • Budget management: Budget for locations, departments, custom fields. Automatic budget limits Insightful reports. Real-time budget control with a progress bar. Bulk upload and management.
  • Reporting: Three types of report: visual, standard and custom. 20 filters for precise reports. 2-click access to the real-time data. 120+ customizable fields for custom reports. Export into your accounting software.
  • Integrations: No more manual data entry for accounting teams. Two types of integration: automatic and flat-file Integrate with QuickBooks Online, Xero, NetSuite, etc. Purchase Orders, Invoices, Suppliers and Statuses matched. Automatic field matching for flat-file integration.
  • Inventory Tracking: Warehouse management. Stock tracking. Good receipts for the warehouse. Stock requests and approvals. Stock transfers.
  • 3-way matching: Purchase Order <-> Receipt <-> Invoice … all matched in real time. Discrepancy tracking. Supplier's invoices tolerance rates. Customisable exceptions and additional workflows. Order revision.
  • Supplier Management: Suppliers Portal. Infinite product catalog. Contract Management Reports on supplier performance. Suppliers list and contact storage.
  • User Management: User access restrictions. Multiple countries, various currencies, and all your offices in one account. Single Sign-On with PingOne, Azure AD, OKTA, Keycloak. 2-factor authentication. No training required.
  • Reimbursement management: The Expenses module allows you to cover requests for reimbursement of spent money and corporate expenses.
  • Mobile App: Available for both iOS and Android devices, the Precoro mobile app brings key aspects of your procurement workflow into the palm of your hand.

Peerspace features and specs

  • Headquarters: San Francisco, CA

Precoro videos

What is Precoro?

More videos:

  • Demo - Streamlined approvals, smart budgeting and expense tracking, automated PR and PO processing — all in one procurement software. Precoro is simple to use, fast to implement. Enjoy a broad range of features, including integrations with NetSuite and Quickbooks, and free API. Get total security with SSO and reliable 2-factor authentication, and gain transparency of the procurement process through automated reporting. All features are available in all plans. There are no hidden fees or complicated pricing tiers.

Peerspace videos

Peerspace-Pro-tips from Power Hosts

More videos:

  • Review - HOW I MAKE PASSIVE INCOME RENTING OUT MY HOME FOR FILM &amp; PHOTO SHOOTS –with Peerspace (Tips Inside!)

Category Popularity

0-100% (relative to Precoro and Peerspace)
Small Business
100 100%
0% 0
Office Space Management
0 0%
100% 100
Procurement And Purchasing
Online Venue Booking
0 0%
100% 100

User comments

Share your experience with using Precoro and Peerspace. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare Precoro and Peerspace

Precoro Reviews

  1. PRs, POs, invoices, vendor catalog - all in one system

    We can track each purchase order, who created it, and why. They are no longer lost, and we can always see the history. The dashboard allows us to monitor information about all essential documents and at what stage they are now and keep track of which invoices have not yet been paid or partially paid. By setting up budgets for each department, we can effectively plan the allocation and prevent overspending. The system is very flexible and convenient. I can't imagine my work without it.

    🏁 Competitors: Procurify
    👍 Pros:    Reimbursement management|Purchase order management|Supplier management|Financial reporting|Handy dashboard|Ease of use
    👎 Cons:    I'm satisfied with the way precoro handles its task. there are a few things that could be automated. for example, editing multiple pos at once
  2. Easy onboarding and great value for money

    I easily plan budgets for each project, promptly track spending, and create custom reports. Precoro allows doing this in 2 clicks. All suppliers and items are in one place, so purchase requests and orders are quickly created without errors. Precoro is a cloud-based tool, so I can use it from any device as long as I have internet. This greatly speeds up approval time and helps me keep everything under control no matter where I am.

    🏁 Competitors: Procurify
    👍 Pros:    We'll never go back to excel spreadsheets again. one solution meets all our needs and even more. visible approval workflow, budget section for each department, custom reporting fields, and item catalog make purchasing very easily manageable.
    👎 Cons:    Nothing, everything that becomes an issue is easily taken care of by their customer success team.
  3. Very helpful software, easy to use!

    Each employee has access to Precoro at least for purchase requisition creation. This is very convenient because the budgets of each department are visible to their employees. Attachments and comments can be added to the requisitions, and items are added directly from the loaded catalog. All subsequent docs (from purchase order to receipt) are created automatically, significantly saving time. All statuses can be tracked in real-time and are always correct. The approval process is customizable; creating 1 or more stages to comply with the company's rules is possible.

    🏁 Competitors: Procurify
    👍 Pros:    High level of adaptation to the specific processes of each company or department|Customer support team to help set up processes, conduct employee training, and solve all related issues.|Saving time for all employees by automating and speeding up the ordering process|Precise cost analytics for efficient planning and budget management|Improved communication with the finance department
    👎 Cons:    We didn't have the option to add attachments when creating a vendor, but precoro fixed that in the last update.

Top 9 Procurement Tools for SMBs (2024)
Moreover, Precoro improves your purchasing system by improving your approval workflow. Workflow stages such as request process, purchase orders, approval, billing, and invoice management can be done electronically with this tool.
Source: geekflare.com
10 Best Procurement Management Software Tools in 2023
Precoro comes with a lot of features for requesting, approving, ordering, contract management, and controlling procurement. Precoro is totally customizable and you have the freedom to automate just about anything. 🤖
Source: clickup.com

Peerspace Reviews

Alternative Meeting Locales Made Easy
San Francisco-based Peerspace allows users to browse photos of homes, galleries, warehouses—even rooftop alcoves—for the perfect workshop of retreat locations. Sorted by purpose and geography, the listings include a five-star rating system similar to Uber’s and an average of how quickly the venue operator responds to queries. Descriptions include testimonials and a list of...
The Airbnbs of Event Planning
“We have over 4,000 locations ranging from warehouses to lofts to even private yachts—all different types of spaces you wouldn’t be able to find anywhere else,” says Stephanie Wong, content and social media manager for Peerspace. “We see a lot of businesses and startups booking our spaces for meetings and offsites because they’re craving something more unique that will...
Source: www.mpi.org
Airbnb for Event Venues
Finding the right venue for an event is fundamentally similar task like finding a proper holiday location. There are several companies who have notices that and started to provide an “Airbnb for event venues” type of services. Most of them are covering US, like Splacer (http://www.splacer.co/), Eventup (http://eventup.com/), Convene (http://convene.com/), Peerspace...
7 Sharing Economy Apps for Event Venues
Peerspace works the same way as some of the other meeting planning apps, but with a few extra advantages. Peerspace showcases underused loft spaces and photography studios on its platform. For an additional fee, the online marketplace partners with local vendors to provide services such as catering, security, transportation, furniture rental, event staffing and rental of...
8 Awesome Websites to Help Find the Perfect Venue for Your Event
Select the type of event and the city (currently the company lists venues in 7 US cities and Berlin, Paris, and London abroad) and Peerspace will pull up relevant matches. Or if you need some inspiration, browse the site’s custom collections. Like Airbnb, Peerspace collects ratings and reviews from its community of users. It then uses this information to create more targeted...

Social recommendations and mentions

Based on our record, Peerspace seems to be more popular. It has been mentiond 24 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Precoro mentions (0)

We have not tracked any mentions of Precoro yet. Tracking of Precoro recommendations started around Mar 2021.

Peerspace mentions (24)

  • I need some help starting
    Hit peerspace.com - find some place that looks like it could maybe fill in as a wedding or reception venue. Find some models or better a couple that can't afford a proper engagement shoot (or have already gotten married and didn't get that the first time around) - basically you need someone who can bring their own finery. Consider also investing in a make-up artist. Source: about 1 year ago
  • NYC Venue Ideas for Small Reception
    Check peerspace.com - there are some cool options there like speakeasies, clubs, etc that you can rent by the hour. They each have their own restrictions, like some won't do rentals shorter than 12 hours or whatever, but if you are okay with a more blank slate it could work! Source: about 1 year ago
  • Finally getting a studio
    Go to peerspace.com - look at all the studio spaces around you. See what they have that you would want. Source: about 1 year ago
  • Austin Event Rental
    I would check the website peerspace.com, there are lots of options there. Source: about 1 year ago
  • Unconventional wedding venues?
    Pre-COVID my partner and I almost booked the Leon Gallery for >$1000 for the evening. We found them through peerspace.com which offered some great alternative venues. Source: about 1 year ago
View more

What are some alternatives?

When comparing Precoro and Peerspace, you can also consider the following products

Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.

Splacer - Rent creative spaces and venues for your upcoming events - unique and affordable spaces for birthday parties, weddings and corporate events.

Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.

Breather - Modern workspaces you can rent for hours, days or months worldwide. Comfortable offices, meeting rooms, and spaces with high-end amenities.

ProcurementExpress - ProcurementExpress.com is a powerful, user-friendly online purchase order management system. End Your Wasted Spend. Simple. Fast & Effective.

LiquidSpace - Rent and share quality flexible office space on the largest workspace network.