Penny

Penny

Penny Software
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About

Quickly determine if a tender or request for quotation has enough overlap with the products you offer. Immediate insights to see if it is valuable to invest your time in this customer. On average matching or cross-referencing consumes 80% of the time spent on tendering. Mydatamatcher makes this process 10 till 20 times as fast. This enables you to give a high-speed response while also supplying your customer with the most compelling proposal. Through our solution, you respond faster and deliver a better proposal. The first step of our solution for tender, quotation and bid matching is giving you instant insights of the potential overlap between the customer request and your assortment. The only thing you need to do is enter the requested products list from the tender, and start matching it to your assortment.

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
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Companies searching for a Sales solution that helps save time, and win more tenders and bids

Audience

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

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Mydatafactory
Founded: 2012
Netherlands
www.mydatafactory.com

Company Information

Penny Software
Founded: 2019
Global
penny.co

Alternatives

Alternatives

Promena

Promena

Promena Strategic Procurement Solutions

Categories

Categories

Procure to Pay Features

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement Features

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 Features

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

RFP Features

Bid Management
Collaboration
Content Management
Data Import / Export
Due Date Tracking
Knowledge Library
Progress Tracking
Requirements Management
RFP Creation
RFP Responding
Task Management
Templates
Vendor Management

Sourcing Features

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 Features

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

Integrations

Fusion Software
NetSuite
SAP S/4HANA
Xero
Zoho Books

Integrations

Fusion Software
NetSuite
SAP S/4HANA
Xero
Zoho Books
Claim Mydatafactory and update features and information
Claim Mydatafactory and update features and information
Claim Penny and update features and information
Claim Penny and update features and information