Penny

Penny

Penny Software
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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.

About

Responsive (formerly RFPIO) is the global leader in strategic response management software, transforming how organizations share and exchange critical information. Our commitment to product innovation and customer success empowers companies to accelerate growth, mitigate risk and improve the employee experience by leveraging intelligent technologies to quickly and accurately manage RFPs, RFIs, security questionnaires (VSQs), due diligence questionnaires (DDQs), risk assessments and all other complex information requests (RFXs). With Responsive, frontline teams deliver superior responses by automating the completion of questionnaires, documents and spreadsheets while collaborating with stakeholders, improving processes with data insights, and quickly accessing approved content across popular business applications.

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

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

Audience

Organizations of all sizes and industries that respond to RFPs, RFIs and Questionnaires

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 4.8 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.2 / 5
support 4.8 / 5

Reviews/Ratings

Overall 5.0 / 5
ease 4.5 / 5
features 4.0 / 5
design 5.0 / 5
support 5.0 / 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.

Pros & Cons from Real Users

Pros

  • All of the integrations that Responsive (formerly RFPIO) has allow our work to be as advanced as possible, with tools that serve to manage administrative sales processes and improve relationships with each target, processes oriented especially in the SSO, or simply to manage communication with other vendors.
  • The extent of integrations in Responsive goes so far that it is possible to manage all kinds of responses in the area of customer relationship management, SSO, and group communication management. Responsive shortens the process time to increase the sales success rate.

Cons

  • Responsive is difficult to program while covering interactive operations with customers, as its channel support is not optimal enough to allow us to continue structuring the work during calls. The software also lacks a tool to drag information into sales reports.
  • Responsive configuration is difficult to perform when working with material that requires a higher level of interactivity during management, such as material whose structure is configured through drag-and-drop tools.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Penny Software
Founded: 2019
Global
penny.co

Company Information

Responsive
Founded: 2015
United States
www.responsive.io

Alternatives

Alternatives

Promena

Promena

Promena Strategic Procurement Solutions

Categories

Categories

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

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

Proposal Management Features

Automatic Formatting
Calendar Management
Collaboration
Contact Management
Content Repository
Document Management
Electronic Signature
Knowledge Library
Pipeline Management
Requirements Management
Revision Management
RFP Management
Task Management
Templates
Version Control

Integrations

AccessOwl
Box
Dropbox
Fusion Software
Google Calendar
Google Docs
Google Drive
Google Hangouts
Google Workspace
HubSpot CRM
HubSpot Customer Platform
Jira
Microsoft 365
Microsoft Azure
Microsoft Dynamics 365
Microsoft SharePoint
Microsoft Teams
Pipedrive
Salesforce
Unleash

Integrations

AccessOwl
Box
Dropbox
Fusion Software
Google Calendar
Google Docs
Google Drive
Google Hangouts
Google Workspace
HubSpot CRM
HubSpot Customer Platform
Jira
Microsoft 365
Microsoft Azure
Microsoft Dynamics 365
Microsoft SharePoint
Microsoft Teams
Pipedrive
Salesforce
Unleash
Claim Penny and update features and information
Claim Penny and update features and information
Claim Responsive and update features and information
Claim Responsive and update features and information