Penny 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.
Pricing
The price is determined by the modules chosen and the number of users.
Media
Product Details
Penny Features and Options
Procurement Software
RFP Software
Purchasing Software
Spend Management Software
Sourcing Software
Procure to Pay Software
Penny User Reviews
Write a Review-
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Penny SaaS Date: Jun 23 2022
Summary: We can consider our experience with Penny Software a positive one since it helps us to reduce the amount of time we spend in managing our vendors portfolio and it saves us a lot of money.
Positive: Penny software is Ease of use SaaS application which contains the following advantages:
User friendly
Monitor our spending
Vendor Management
Budget controlNegative: So far i didn't find any major disadvantages of using Penny software.
Read More...Penny Company ResponseDate: Jun 26 2022
Thank you for sharing this! We're happy to hear you had a good experience with Penny Software. -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Managing Director Date: Jun 20 2022
Summary: Penny's software is a great tool to manage your procurement needs, and is smart enough to use for reports and tracking. For the right organization it can be a life saver.
Positive: The overall concept, the ease of use, the ability to track and monitor all aspects of the procurement cycle, the simplicity of pricing and negotiating, the reminder features and much more.
Negative: The filtering and searching of products could use more revamping to match how sophisticated the user experience are presented.
Read More...Penny Company ResponseDate: Jun 26 2022
Thank you for sharing your experience with Penny. This feedback will help in making the necessary improvements. -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Review Date: Jun 20 2022
Summary: I think the overall is very good and the technical support is excellent and it helps me a lot for running my business.
Positive: Ease of use. And ability to give permission to each user. And the ability to control all of my purchases. I think the overall the system is excellent and the technical support is excellent.
Negative: I think the overall very good and the technical support is excellent.
Read More...Penny Company ResponseDate: Jun 22 2022
We greatly appreciate your feedback. We're glad to hear you had a good experience with Penny -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Summary: Our experience was good but, sometimes there are lack of issues that need to be prioritized which causes constant delays.
Positive: The service provided by the account manager, the account manager is quite fast, responsive, cooperative, and bright.
Negative: I don't like the communication channel via Slack because there is a difficulty in tracking the unresolved issues.
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