Audience
Small to medium sized businesses
About Penny
Simplify expense management with Penny, a Debit Corporate Mastercard, integrated with an expense management app. Penny enables users to set and control spending limits and track employee usage via the expense management app. Penny enables employees to capture and upload receipts after every business-related transaction. Penny enables users to approve fund requests to instantly transfer funds.
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* SEK cards and accounts currently available for EU-based companies only.
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Penny
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.
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Pricing
Pricing Details:
mobile app and first four cards free, additional cards $5 each
Free Version:
Free Version available.
Integrations
Company Information
Penny
Founded: 2012
United States
thepennyinc.com
Videos and Screen Captures
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Product Details
Platforms Supported
Cloud
Training
Documentation
Live Online
Support
24/7 Live Support
Penny Frequently Asked Questions
Penny Product Features
Expense Report
Approval Process Control
Receipt Management
Spend Control
Invoice Management
Multi-Currency
Reimbursement Management
Time Tracking
Workflow Management
Penny Verified User Reviews
Write a Review-
Probability You Would Recommend?1 2 3 4 5 6 7 8 9 10
"The best virtual mastercard platform for RDS" Posted 2021-08-27
Pros: We can generate new cards for staff on the fly and they can pay using their apps. This means there is no more chasing receipts from drivers or worrying about card security (we lost a few cards to drivers misplacing them in the past). We can even lock the payment system down to only selected vendors. Total peace of mind.
Cons: None so far there is $0 monthly fee and no lock-in contracts
Overall: We attended a conference and signed up same day. We were instantly approved and have now used the system for nearly a year without any hitches. Very good experience to date.
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