Penny

Penny

Penny Software
4.8 out of 5 stars
OneAdvanced Purchasing Penny

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OneAdvanced Purchasing:

About

OneAdvanced Purchasing is a procurement solution designed to help organisations buy from approved suppliers in one centralised portal. It offers an intuitive, online shopping-like experience with access to millions of products, requiring no training to get started. The platform provides full visibility and control over spend, helping organisations maintain compliance and reduce maverick purchasing. Built-in price tracking and approval workflows allow teams to analyse price changes before approving them. High invoice match rates of up to 98% streamline reconciliation and reduce manual errors. Supplier-managed catalogues ensure accurate product information and pricing at all times. OneAdvanced Purchasing improves efficiency while delivering greater control and cost savings.
Penny:

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.
OneAdvanced Purchasing:

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
Penny:

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
OneAdvanced Purchasing:

Audience

OneAdvanced Purchasing is designed for public and private sector organisations, including education, healthcare, government, retail, and logistics, that need strong spend control, supplier compliance, and efficient procurement processes
Penny:

Audience

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

Support

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

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported
OneAdvanced Purchasing:

API

Offers API Not Supported
Penny:

API

Offers API Supported
OneAdvanced Purchasing:

Screenshots and Videos

Penny:

Screenshots and Videos

OneAdvanced Purchasing:

Pricing

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

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
OneAdvanced Purchasing:

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
Penny:

Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.2 / 5
support 4.8 / 5
Penny:

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.
OneAdvanced Purchasing:

Training

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

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported
OneAdvanced Purchasing:

Company Information

OneAdvanced
Founded: 2008
United Kingdom
www.oneadvanced.com/products/purchasing/
Penny:

Company Information

Penny Software
Founded: 2019
Global
penny.co
OneAdvanced Purchasing:

Alternatives

Penny:

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OneAdvanced Purchasing:
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Penny:
OneAdvanced Purchasing:
Penny:
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OneAdvanced Purchasing:
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Precoro

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Penny:
OneAdvanced Purchasing:
SutiProcure

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Penny:
Promena

Promena

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OneAdvanced Purchasing:

Categories

Procure to Pay Supported
Procurement Supported
Purchasing Supported
Penny:

Categories

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

Procurement Features

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

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

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

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

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

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
OneAdvanced Purchasing:

Integrations

Fusion Software Not Supported
MagicBooking Supported
NetSuite Not Supported
SAP S/4HANA Not Supported
Xero Not Supported
Zoho Books Not Supported
Penny:

Integrations

Fusion Software Supported
MagicBooking Not Supported
NetSuite Supported
SAP S/4HANA Supported
Xero Supported
Zoho Books Supported
OneAdvanced Purchasing:
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Penny:
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