Penny

Penny

Penny Software
+
+

Related Products

  • P3Source
    16 Ratings
    Visit Website
  • Jesta Vision Suite
    42 Ratings
    Visit Website
  • Zahara
    34 Ratings
    Visit Website
  • Melio
    2,211 Ratings
    Visit Website
  • Unimus
    31 Ratings
    Visit Website
  • SBS Quality Management Software
    7 Ratings
    Visit Website
  • Source Defense
    7 Ratings
    Visit Website
  • Setyl
    48 Ratings
    Visit Website
  • Checksum.ai
    1 Rating
    Visit Website
  • Windocks
    7 Ratings
    Visit Website

About

Run accelerated, more impactful IT sourcing with an automated, AI-driven SaaS platform. Our AI engine helps you develop solutions that align with your business objectives, whether you're seeking groundbreaking innovations from the market or want to define specific requirements for the RFP. With Nvelop automating your sourcing processes, you can easily broaden your vendor pool for RFIs and RFPs and uncover new suppliers bringing you the latest innovations to achieve your business goals. Create complete RFPs with ease using our AI-powered tools. Seamlessly submit to selected vendors, manage vendor communications, and streamline Q&A interactions with intelligent automation. Our powerful AI engine analyzes and compares the received proposals, recommending the optimal vendor for your needs. It also helps you speed up contract negotiations. Protect Confidential Information: No more sending confidential documents via email, all content is managed in the secure SaaS environment.

About

Procurement solved. penny is a cloud-based Procure-To-Pay system. Penny helps you digitize and manage your full procurement cycle. Make requests, send RFQs/RFPs to multiple vendors, compare quotations, send POs and even payment. Penny was designed to make things easy and consolidate all your organization’s spending needs into one intelligent system. Certified by Procure Tech & Kearney Consulting as one of the 100 most innovative procurement solutions globally, you can be sure that procurement is made simple with penny. How can penny help your organization save time & money? ● Streamline procurement means that requests, approvals, and POs won’t be lost in emails or offline. ● Product requests are more accurate through catalogs, avoiding purchasing errors. ● The platform makes it simple to extract and track the history and records of requests and purchases.

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

Organizations looking for a tool to manage and automate their sourcing processes

Audience

Mid-sized and large organizations seeking procurement solutions from all over the world and across all sectors.

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

$1999 per month
Penny is a Modular System.
The price is determined by the modules chosen and the number of users.
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

Nvelop
Founded: 2024
Finland
nvelop.ai/

Company Information

Penny Software
Founded: 2019
Global
penny.co

Alternatives

Alternatives

Tap2Trade

Tap2Trade

Wings2Aspirations

Categories

Categories

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

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

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
Xero
Zoho Books

Integrations

Fusion Software
Xero
Zoho Books
Claim Nvelop and update features and information
Claim Nvelop and update features and information
Claim Penny and update features and information
Claim Penny and update features and information