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About

ELIT Source-to-Pay Cloud Solution can help maximize your profits, reduce efforts in sourcing events, simplify purchase decisions and streamline any processes to bridge gaps within the source-to-pay lifecycle. With in-built AI-powered tools and ELIT Intelligent Bot, procurement teams can discover new and relevant suppliers, raise PRs quickly, request invoice uploads and statuses and collaborate with suppliers and stakeholders. ELIT integrates well with your current ERP systems or can work standalone to complement your procurement functions by enabling eSourcing, ePurchase, eInvoicing and eSupplier processes along with Contract Management and end-to-end audit trail to streamline end-to-end lifecycle. You can say goodbye to manual processes, complex and multiple spreadsheets and challenging supplier communications. No matter what challenge you face currently in procurement process, ELIT can address those challenges seamlessly and makes working with suppliers easier.

About

Simplify expense management with Penny, a Debit Corporate Mastercard, integrated with an expense management app. Penny enables users to set and control spending limits and track employee usage via the expense management app. Penny enables employees to capture and upload receipts after every business-related transaction. Penny enables users to approve fund requests to instantly transfer funds.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Enterprises of all sizes, Manufacturing companies, Retailers and distributors, Service-based organizations, Public sector entities, Global enterprises and Industries with complex supply chains

Audience

Small to medium sized businesses

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Not Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Supported
Free Trial Not Supported

Pricing

mobile app and first four cards free, additional cards $5 each
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • We can generate new cards for staff on the fly and they can pay using their apps. This means there is no more chasing receipts from drivers or worrying about card security (we lost a few cards to drivers misplacing them in the past). We can even lock the payment system down to only selected vendors. Total peace of mind.

Cons

  • None so far there is $0 monthly fee and no lock-in contracts

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported

Company Information

ELIT
Founded: 2020
United Arab Emirates
www.elit.ai/

Company Information

Penny
Founded: 2012
United States
thepennyinc.com

Alternatives

Alternatives

Promena

Promena

Promena Strategic Procurement Solutions
Bento

Bento

Bento for Business

Categories

E-Invoicing Supported
eProcurement Supported
Procure to Pay Supported
Procurement Supported
Purchasing Supported
Sourcing Supported

Categories

Procure to Pay Features

Billing & Invoicing Supported
Budgeting / Forecasting Supported
Compliance Management Supported
Contract Lifecycle Management Supported
Financial Reporting Not Supported
Integration Management Not Supported
Inventory Management Not Supported
Order Management Not Supported
Vendor Management Supported

Procurement Features

Asset Management Not Supported
Auction Management Supported
Bid Management Supported
Budget Management Supported
Catalog Management Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Supported
PunchOut Not Supported
Purchase Order Management Supported
Receiving Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Purchasing Features

Catalog Management Supported
Compliance Management Supported
Contract Management Supported
Inventory Management Not Supported
Invoice Processing Not Supported
PunchOut Not Supported
Purchase Order Management Supported
Requisitions & Approvals Supported
Sourcing Management Supported
Spend Management Supported
Supplier Management Supported

Sourcing Features

Auction Management Supported
Budget Management Supported
Collaboration Supported
Global Sourcing Management Supported
Rfx Management Supported
Spend Management Supported
Supplier Management Supported
Supplier Qualification Supported
Supplier Risk Management Supported
Supplier Web Portal Supported
Template Management Supported

Expense Report Features

Approval Process Control Supported
Invoice Management Not Supported
Multi-Currency Not Supported
Receipt Management Supported
Reimbursement Management Not Supported
Spend Control Supported
Time Tracking Not Supported
Workflow Management Not Supported

Integrations

QuickBooks Online Not Supported

Integrations

QuickBooks Online Supported
Claim ELIT and update features and information
Claim ELIT and update features and information
Claim Penny and update features and information
Claim Penny and update features and information