Best Spend Management Software for SAP S/4HANA

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.

Spenmo recognizes that various businesses exhibit unique spending behaviors. You can effortlessly send your bill payments to Spenmo, whether it's just one or thousands. Our advanced system analyzes the invoices and executes the payments seamlessly. Additionally, Spenmo facilitates the use of credit cards for making payments that do not involve cards. With Spenmo, managing, verifying, and processing employee expense claims becomes a breeze. The platform empowers your entire workforce by providing both virtual and physical corporate cards. Once you forward your bills, our system takes over, ensuring efficient payment processing. When the feature is activated, submitted invoices will be routed to an admin for thorough evaluation, allowing for the approval, rejection, or reassignment of transactions to another admin as needed. This streamlined approach enhances financial oversight and accountability within your organization.