PRECA LIMITED
PRECA LIMITED (trading as PrECA) is a UK-based procurement consulting and outsourcing firm that helps multinational enterprises reduce indirect procurement spend through sourcing, spot purchasing, automation, and training services, delivered via result-based and project-based engagements.
- Company typePrivate
- Founded2010
- HeadquartersLondon, United Kingdom
- Headcount11–50
- GTM typeB2B
- OfferingServices
What PRECA LIMITED does
PRECA LIMITED, trading as PrECA, is a procurement consulting and outsourcing firm incorporated in the United Kingdom (Poole) that serves multinational enterprises with annual procurement spend of 14 mln USD or more. The firm operates four service lines — Procurement Outsourcing (including sourcing, spot purchasing, operational procurement, and procurement function support), Procurement Automation, Consulting in Procurement, and Trainings in Procurement — sold through direct enterprise field sales that begin with a free express-diagnostics consultation and target CEOs, CFOs, and procurement leaders. PrECA monetizes primarily via a result-based pricing model for outsourcing engagements (fixed fee plus a share of verified client savings, typically 5–25% of current spend) and project-based pricing for consulting, with named engagements reporting savings ranging from 11% to 55% on specific categories and 3-month average payback. The firm combines a proprietary supplier and market-rate benchmark database (5,000+ suppliers across 77 purchasing categories), custom analytics macros for billing-data processing, standardized RFI/RFP/contract templates, and e-sourcing platforms such as Scanmarket to deliver its services. Named enterprise clients include Novartis, GSK, BMW, AGC Glass, Ferrero, LVMH, Smurfit Kappa, UCB, Sephora, Knauf, FM Logistic, Bonduelle, and Tetra Pak, and the firm reports 44 clients and 115+ projects in total. PrECA is founder-owned, privately held, and bootstrapped with no disclosed external funding, M&A activity, or patents.
PRECA LIMITED firmographics
Firmographics- Name
- PRECA LIMITED
- Legal name
- Preca Limited
- Website
- https://preca.pro
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- PRECA LIMITED (trading as PrECA) is a UK-based procurement consulting and outsourcing firm that helps multinational enterprises reduce indirect procurement spend through sourcing, spot purchasing, automation, and training services, delivered via result-based and project-based engagements.
- Ownership category
- akta.pro rank
PRECA LIMITED industry classification
Industry- Product category
- Procurement Consulting & Outsourcing
- NAICS
- Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Contract Administration Support (PO/Contract Compliance) (BPAAAJAE)
- akta.pro secondary industry
- Procurement Platforms, Catalogs & Contract Purchasing (Co-ops, GPOs, eProcurement) (EDAEAIAO)
Keywords
Where PRECA LIMITED is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
PRECA LIMITED business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Procurement outsourcing services: Full or partial outsourcing of procurement processes including spot purchasing, contract management, supplier management, and operational support. Remuneration includes a fixed component plus result-based fees tied to achieved savings.
- Consulting in procurement: Advisory services including procurement audits, process reengineering, sourcing projects, and category optimization. Typically project-based with defined scope and deliverables.
- Procurement automation: Implementation of procurement technology solutions including e-sourcing, P2P systems, and process automation. Services include system selection, configuration, and change management.
- Procurement training: Training programs for procurement professionals covering category management, negotiations, sourcing processes, and best practices.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Multi-year contract | Result-based procurement outsourcing with savings-sharing model |
| Other | Multi-year contract | Project-based consulting engagements |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
PRECA LIMITED product offering
Product offeringCore offering
PrECA provides procurement outsourcing, consulting, automation, and training services to large multinational companies. The firm handles end-to-end procurement activities including strategic sourcing, spot purchases, operational procurement, and procurement function support, alongside advisory engagements such as procurement audits, process reengineering, and category management. Engagements are typically initiated with a free express diagnostics assessment and structured around result-based or project-based pricing tied to client savings.
Product overview
PrECA (PRECA LIMITED) is a procurement consulting and outsourcing firm offering a portfolio of professional services rather than a unified software product. The core offering comprises Procurement Outsourcing (with sub-services for Sourcing, Spot Purchases, Operational Procurement, and Procurement Function Support), Procurement Automation, Consulting in Procurement, and Trainings in Procurement. These services work together as an integrated approach: the company typically begins with an express diagnostics assessment, then may engage in strategic sourcing or process optimization projects, supported by automation tools and training where needed. The outsourcing service handles both tactical/operational tasks (freeing internal teams to focus on strategic categories) and strategic procurement activities.
Differentiator
Problem solved
Functional benefit
Products and services
- Procurement Outsourcing End-to-end outsourcing of procurement processes where PrECA acts as an independent third party handling sourcing, spot purchases, operational procurement, and procurement function support for large multinational corporations.
- Sourcing Supplier search and selection service including market analysis, tender organization, negotiations, and contract preparation as part of the procurement outsourcing offering.
- Spot Purchases Management of one-time, low-value, and unplanned purchases with competitive tendering and transparent processes.
- Operational Procurement Day-to-day procurement activities including request processing, order management, and supplier coordination as part of the procurement outsourcing offering.
- Procurement Function Support Supporting existing internal procurement departments with additional resources, expertise, and process optimization.
- Procurement Automation Implementation and optimization of e-sourcing, e-procurement, and P2P automation systems including process redesign and best practices.
- Consulting in Procurement Advisory services for procurement transformation including process audits, organizational restructuring, and category management strategy.
- Trainings in Procurement Professional development programs for procurement teams covering strategic sourcing, category management, and procurement best practices.
Quantifiable outcome
- 5-25% savings on current annual procurement costs
- +8 more outcomes
Companies that use PRECA LIMITED
Customer profileNamed customers18 records
Segments5 records
Ideal customer profiles2 records
PRECA LIMITED technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
PRECA LIMITED partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights5 records
PRECA LIMITED competitors and assessment
Company assessmentDirect peers
- HICX: HICX is a procurement SaaS and services provider focused on supplier management, contract management, and P2P data quality. It competes with PrECA's procurement automation and outsourcing services for the same enterprise procurement teams.
- GEP Worldwide: GEP is a procurement and supply chain consulting plus software firm that delivers managed services, category management, and transformation engagements to multinationals. It is the most direct competitor to PrECA's outsourcing-plus-consulting model and competes for the same CPO and CFO buyer personas.
- Proxima: Proxima is a procurement-focused consultancy that specializes in indirect spend reduction, category management, and procurement transformation for large enterprises. Its service mix and buyer personas (CPOs, CFOs) closely overlap with PrECA's outsourcing and consulting offerings.
- SpendHQ: SpendHQ provides spend analytics and category management software combined with advisory services that drive indirect procurement savings. It overlaps with PrECA's analytics macros, market benchmarking, and category-level consulting work.
Broad incumbents
- Coupa Software: Coupa is a leading procurement and spend management platform that bundles e-sourcing, P2P, and analytics. Its growing managed services and partner ecosystem overlaps with PrECA's procurement automation and consulting offerings.
- McKinsey & Company (Operations Practice): McKinsey's Operations and Purchasing practice delivers procurement transformation, cost reduction, and category strategy engagements to global multinationals. It competes for the same C-level procurement transformation RFPs that PrECA targets.
- Accenture Strategy: Accenture's procurement and supply chain practice delivers transformation consulting, outsourcing, and managed services to the same multinational buyers. It is a much larger incumbent that competes for the same strategic procurement mandates.
- Bain & Company (Procurement): Bain's procurement and supply chain consulting arm addresses the same indirect spend and category management needs as PrECA, particularly for large FMCG, retail, and manufacturing clients.
- SAP Ariba: SAP Ariba is a market-leading procurement platform that competes with PrECA's automation practice and increasingly bundles supplier management and category intelligence services targeted at the same enterprise procurement organizations.
- Jaggaer: Jaggaer offers source-to-pay, supplier management, and spend analytics solutions plus related services to large multinationals. It competes with PrECA's automation and category management offerings for the same indirect spend budget.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
PRECA LIMITED social profiles
Digital presencePRECA LIMITED financial estimates
Financial estimateRevenue estimate
Valuation estimate
PRECA LIMITED leadership team
Management profileNumber of profiles
Profiles5 records
PRECA LIMITED funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PRECA LIMITED M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PRECA LIMITED
What does PRECA LIMITED do?
PrECA provides procurement outsourcing, consulting, automation, and training services to large multinational companies. The firm handles end-to-end procurement activities including strategic sourcing, spot purchases, operational procurement, and procurement function support, alongside advisory engagements such as procurement audits, process reengineering, and category management. Engagements are typically initiated with a free express diagnostics assessment and structured around result-based or project-based pricing tied to client savings.
Is PRECA LIMITED a public or private company?
PRECA LIMITED is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was PRECA LIMITED founded?
PRECA LIMITED was founded in 2010. It employs 11 to 50 people.
Where is PRECA LIMITED based?
PRECA LIMITED is headquartered in London, United Kingdom, in the Europe region.
How does PRECA LIMITED make money?
Four revenue lines are on record. Procurement outsourcing services are the primary driver. The others are consulting in procurement, procurement automation and procurement training.
Who are PRECA LIMITED's main competitors?
Direct peers on record are HICX, GEP Worldwide, Proxima and SpendHQ. Broad incumbents are Coupa Software, McKinsey & Company (Operations Practice), Accenture Strategy, Bain & Company (Procurement), SAP Ariba and Jaggaer.
Does PRECA LIMITED have an API?
No public API is recorded for PRECA LIMITED.
What industry is PRECA LIMITED in?
PRECA LIMITED's product category is Procurement Consulting & Outsourcing. Its primary akta.pro industry code is BPAAAJAE, Contract Administration Support (PO/Contract Compliance), with a secondary code of EDAEAIAO, Procurement Platforms, Catalogs & Contract Purchasing (Co-ops, GPOs, eProcurement). Its NAICS code is 54161 and its SIC code is 8742.