Average Ratings 4 Ratings
Average Ratings 0 Ratings
Description
Penny is a cloud-based Procure-To-Pay system. Beautifully designed and easy to use, penny digitalizes and manages your entire procurement cycle, from request to pay. Send RFQs, RFPs, and RFIs to multiple vendors, compare quotes, send POs, and even payment. penny was created to make a complicated process simple by combining all your organization's procurement requirements into a single intelligent system.
How can penny help your organization save time & money?
● Allocate, manage, and monitor budgets by expense accounts, projects, departments, location, teams, etc.
● Streamline procurement means that requests, approvals, and POs won’t be lost in emails or offline.
● The platform makes it simple to extract and track the history and records of requests and purchases.
● Product requests are more accurate through catalogs, avoiding purchasing errors.
● Reports and analysis can be extracted from the platform, giving you a consolidated data center for all your procurement activities.
● penny is cloud-based and was designed with ease-of-use in mind.
Our Action Board gives your team a user-friendly and simple experience.
Description
Innovations in technology are transforming the way organizations approach their sourcing and procurement operations, facilitating the creation of virtual organizations that enhance agile and cohesive processes while ensuring that purchasing decisions are in sync with sourcing strategies. This modern era of agile sourcing and intelligent procurement presents a fresh array of opportunities for leaders, who must also navigate evolving stakeholder expectations. To break down functional barriers, sourcing and procurement leaders are working to integrate the entire source to pay process and are seeking ways to optimize supplier relationships that can foster innovation, all while striving to enhance performance and reduce risks. Procurement 4.0 is defined by seamless source to pay operations, the ability to respond to real-time spending data, automated smart purchasing processes, and the capacity to utilize expansive ecosystems. TAP can function as both a cohesive source to pay suite and a standalone module, which includes TAP Sourcing, TAP Quick Bid, and TAP Procure to Pay, thereby providing flexibility and efficiency in procurement tasks. By embracing these advancements, organizations can not only streamline their operations but also harness the full potential of their procurement strategies to drive greater business success.
API Access
Has API
API Access
Has API
Integrations
Acquia Cloud Platform
Actifio
Adobe Advertising Cloud
Amazon Web Services (AWS)
Apigee
Appian
Boomi
Bosch IoT Suite
Datadog
Fusion Software
Integrations
Acquia Cloud Platform
Actifio
Adobe Advertising Cloud
Amazon Web Services (AWS)
Apigee
Appian
Boomi
Bosch IoT Suite
Datadog
Fusion Software
Pricing Details
$1999 per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Penny Software
Founded
2019
Country
Global
Website
penny.co
Vendor Details
Company Name
Tata Consultancy Services
Founded
1968
Country
India
Website
www.tcs.com/tap-source-to-pay
Product Features
Procure to Pay
Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management
Procurement
Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
Purchasing
Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management
RFP
Bid Management
Collaboration
Content Management
Data Import / Export
Due Date Tracking
Knowledge Library
Progress Tracking
RFP Creation
RFP Responding
Requirements Management
Task Management
Templates
Vendor Management
Sourcing
Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management
Spend Management
Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management
Product Features
Procure to Pay
Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management