Order.co vs. Penny Comparison


Order.co	Penny Penny Software	+	+
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About Order.co is an AI-powered procurement and payments platform that connects purchasing, approvals, payments, and reporting in one intelligent system so teams can place orders faster, cut manual work, and keep operations running smoothly. Order.co's suite of AI tools automates purchasing decisions, sources products at the best price, and flags risks before they impact your business. Trusted by brands like Dolce & Gabbana, WeWork, [solidcore], and Hugo Boss, Order.co helps hundreds of businesses reduce costs, gain tighter spend control, and free up teams to focus on higher-value work. Founded in 2016 and headquartered in New York City, Order.co has raised $70M in funding from industry-leading investors like MIT, Stage 2 Capital, Rally Ventures, 645 Ventures, and more.		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 Finance, Operations, Procurement, and Accounting Teams		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 View more images or videos		Screenshots and Videos View more images or videos
Pricing Contact sales for a quote Free Version Free Trial		Pricing No information available. Free Version Free Trial
Reviews/Ratings Overall 4.8 / 5 ease 4.7 / 5 features 4.6 / 5 design 4.5 / 5 support 4.8 / 5 Read all reviews		Reviews/Ratings Overall 4.8 / 5 ease 4.8 / 5 features 4.5 / 5 design 4.2 / 5 support 4.8 / 5 Read all reviews
Pros from Real Users Pros its very easy to use way to order is great the products are amazing pricing is on point and i would recommend to anyone who is thinking about using order.co Easy to use website. The communication is clear and quick. I like that there is a variety of products to use I love how easy it is to navigate the Order.co website—it’s clean, intuitive, and makes finding what I need quick and stress-free. The ordering process is simple and efficient, which saves a lot of time. On top of that, the delivery is impressively fast and incredibly convenient. Everything arrives exactly as expected, making the whole experience smooth and reliable. Order.co has made managing orders so much easier, and I highly recommend it. fast and shipped right to my shop. getting emails when parts of my order has shipped. have overall been happy The website is easy to navigate and have a majority of the products that I need monthly. I order monthly supplies for our company, and I can always count on the products to be easy to find and arrive within the week. I like all the aspects of Order.co. It has been a great support for our daily routine in after and before school program. I like the budget tracker, it helps me stay under budget for the month & it's easier to plan out my supply order with it as well. I love having all my items in one place, I love being able to review my orders before ordering and adjusting where possible. The ease and convenience of finding products, adding them and then submitting my order. The website is user friendly and easy to navigate. Speedy service is always appreciated; you guys always take care of us anytime we place an order. Thank you		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 Order.co Founded: 2016 United States www.order.co		Company Information Penny Software Founded: 2019 Global penny.co
Alternatives Fraxion		Alternatives Oxalys
PairSoft		Procurify
Precoro		Team Procure
Finly		Tradogram
Coupa Coupa Software View All		Promena Promena Strategic Procurement Solutions View All
Categories Accounts Payable AP Automation Procure to Pay Procurement Purchase Order Purchasing Reconciliation Spend Analysis Spend Management Vendor Management		Categories Procure to Pay Procurement Purchasing RFP RFQ Sourcing Spend 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 Spend Management Features Approval Workflow Budgeting / Forecasting Expense Tracking Multi-Currency Prepaid Cards Procurement Management Receipt Management Spend Analysis Spend Control Supplier Management Show More Features Accounts Payable Features Approval Process Control Bank Reconciliation Cash Management Check Writing Duplicate Payment Alert Fraud Detection General Ledger Entry Vendor Management Vendor Management Features Audit Management Contact Management Customer Database Self Service Portal Supplier Master Data Transaction History Vendor Maintained Profiles Vendor Managed Inventory Vendor Performance Rating Vendor Qualification Tracking		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 Spend Management Features Approval Workflow Budgeting / Forecasting Expense Tracking Multi-Currency Prepaid Cards Procurement Management Receipt Management Spend Analysis Spend Control Supplier Management Show More Features 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
Integrations NetSuite Coupa Fusion Software QuickBooks Online QuickBooks Online Advanced SAP Ariba SAP S/4HANA Sage Intacct Workday Strategic Sourcing Xero Zoho Books Show More Integrations View All 7 Integrations		Integrations NetSuite Coupa Fusion Software QuickBooks Online QuickBooks Online Advanced SAP Ariba SAP S/4HANA Sage Intacct Workday Strategic Sourcing Xero Zoho Books Show More Integrations View All 5 Integrations
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