Penny

Penny

Penny Software
+
+

Related Products

  • Order.co
    228 Ratings
    Visit Website
  • Jesta Vision Suite
    42 Ratings
    Visit Website
  • Fraxion
    195 Ratings
    Visit Website
  • SBS Quality Management Software
    7 Ratings
    Visit Website
  • Setyl
    48 Ratings
    Visit Website
  • LinkSquares
    727 Ratings
    Visit Website
  • Sutton
    39 Ratings
    Visit Website
  • P3Source
    16 Ratings
    Visit Website
  • Melio
    2,212 Ratings
    Visit Website
  • Healthee
    13 Ratings
    Visit Website

About

It takes many different products to procure & manage vendors. Now your teams can do it all with Expent. Streamline the vendor selection and onboarding process. Streamline the vendor selection and onboarding process. Your vendor’s lifecycle is managed, from sourcing to renewals. Helping you with your vendor selection process. Expent’s flexibility to run RFx or Proof of Concepts (PoC) makes vendor evaluation easy. Expert-developed templates consider how vendors have been assessed by companies similar to your own, helping you make the easy choice. Centralize Intake, track unmanaged spend & assist purchase approval. Centralize the initiation of vendor & purchase requests. Sourcing & procurement workflows that loop in the right stakeholders; security, IT, legal, finance & procurement automatically. Procurement teams struggle to enforce spending controls and struggle to keep up with multiple requests. Procurement being looped in late in the process diminishes their ability to be strategic.

About

Penny is a cloud-based Procure-to-Pay system built to help organizations digitize and manage their full procurement cycle, from the first purchase request all the way through to final payment. Instead of juggling emails, spreadsheets, and disconnected tools, teams can raise purchase requests, route them through configurable approval workflows, and track every request in real time, all from one intelligent system. Designed for organizations that need structure, accountability, and visibility across their spending, Penny brings AI-driven intelligence into every stage of the procurement cycle, requests, quotations, purchase orders, and payments, giving teams the clarity and control they need to manage spend with confidence.

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

Platforms Supported

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

Audience

Companies in need of a tool to manage everything from sourcing to renewal of vendors

Audience

Teams driving digitization initiatives who need a cloud-based system that replaces manual, paper-based, or spreadsheet-driven procurement workflows.

Support

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

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not 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 4.8 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.2 / 5
support 4.8 / 5

Pros & Cons from Real Users

Pros

  • The service provided by the account manager, the account manager is quite fast, responsive, cooperative, and bright.
  • Penny software is Ease of use SaaS application which contains the following advantages: User friendly Monitor our spending Vendor Management Budget control
  • 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.
  • 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.

Cons

  • I don't like the communication channel via Slack because there is a difficulty in tracking the unresolved issues.
  • So far i didn't find any major disadvantages of using Penny software.
  • The filtering and searching of products could use more revamping to match how sophisticated the user experience are presented.
  • I think the overall very good and the technical support is excellent.

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Expent
United States
www.expent.ai/

Company Information

Penny Software
Founded: 2019
Global
penny.co

Alternatives

Alternatives

Promena

Promena

Promena Strategic Procurement Solutions

Categories

Procurement Supported
Sourcing Supported
Vendor Management Supported

Categories

Procure to Pay Supported
Procurement Supported
Purchasing Supported
RFP Supported
RFQ Supported
Sourcing Supported
Spend Management Supported

Procurement Features

Asset Management Not Supported
Auction Management Not 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

Sourcing Features

Auction Management Not Supported
Budget Management Supported
Collaboration Supported
Global Sourcing Management Not Supported
Rfx Management Supported
Spend Management Supported
Supplier Management Supported
Supplier Qualification Supported
Supplier Risk Management Supported
Supplier Web Portal Supported
Template Management Supported

Procure to Pay Features

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

Purchasing Features

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

RFP Features

Bid Management Supported
Collaboration Supported
Content Management Not Supported
Data Import / Export Supported
Due Date Tracking Supported
Knowledge Library Not Supported
Progress Tracking Supported
Requirements Management Supported
RFP Creation Supported
RFP Responding Supported
Task Management Not Supported
Templates Supported
Vendor Management Supported

Spend Management Features

Approval Workflow Supported
Budgeting / Forecasting Supported
Expense Tracking Supported
Multi-Currency Supported
Prepaid Cards Supported
Procurement Management Supported
Receipt Management Supported
Spend Analysis Supported
Spend Control Supported
Supplier Management Supported

Integrations

Fusion Software Not Supported
NetSuite Not Supported
SAP S/4HANA Not Supported
Workday Extend Supported
Xero Not Supported
Zoho Books Not Supported

Integrations

Fusion Software Supported
NetSuite Supported
SAP S/4HANA Supported
Workday Extend Not Supported
Xero Supported
Zoho Books Supported
Claim Expent and update features and information
Claim Expent and update features and information
Claim Penny and update features and information
Claim Penny and update features and information