Ratings and Reviews 4 Ratings

Total
ease
features
design
support

Ratings and Reviews 2 Ratings

Total
ease
features
design
support

Alternatives to Consider

  • Fraxion Reviews & Ratings
    195 Ratings
    Company Website
  • Order.co Reviews & Ratings
    228 Ratings
    Company Website
  • Zahara Reviews & Ratings
    34 Ratings
    Company Website
  • Sage Intacct Reviews & Ratings
    8,554 Ratings
    Company Website
  • P3Source Reviews & Ratings
    16 Ratings
    Company Website
  • Pipefy Reviews & Ratings
    592 Ratings
    Company Website
  • Jesta Vision Suite Reviews & Ratings
    42 Ratings
    Company Website
  • Setyl Reviews & Ratings
    48 Ratings
    Company Website
  • optivalue.ai Reviews & Ratings
    4 Ratings
    Company Website
  • Rippling Reviews & Ratings
    20,747 Ratings
    Company Website

What is Penny?

Penny is an innovative Procure-To-Pay solution that operates in the cloud, offering a beautifully crafted and user-friendly interface that simplifies and digitizes your entire procurement process from the initial request all the way through to payment. With penny, you can effortlessly issue RFQs, RFPs, and RFIs to various suppliers, compare their quotes, generate purchase orders, and handle payments, all while streamlining what is often a complex and cumbersome procedure into a cohesive, intelligent system tailored to your organization’s needs. So, how does penny contribute to your organization’s efficiency and cost-effectiveness? ● It allows for precise budget allocation, management, and oversight across various dimensions such as expense accounts, projects, departments, locations, and teams. ● By streamlining procurement, penny ensures that requests, approvals, and purchase orders are not lost in a sea of emails or handled offline. ● The platform simplifies the process of retrieving and monitoring the history of requests and purchases, enhancing transparency. ● Product requests become more accurate through the use of catalogs, effectively reducing the likelihood of purchasing mistakes. ● You can generate comprehensive reports and analyses directly from the platform, providing a centralized source of data for all procurement activities. ● Designed with user experience as a priority, penny is cloud-based, ensuring accessibility and ease of use for your team. Additionally, our Action Board fosters collaboration and provides a straightforward interface, ensuring that every team member can navigate the procurement process with confidence and efficiency.

What is AuraVMS?

Each month, as a commodities purchaser, you issue numerous requests for quotes, a process that can be quite time-consuming as it involves communicating with various suppliers, outlining your needs, gathering their responses, and engaging in negotiations. This lengthy procedure can cost you significantly, potentially extending the timeline by 2, 4, or even 10 additional days to finalize certain requirements. AuraVMS streamlines the process of gathering and evaluating quotes, making it incredibly straightforward. By simply inputting your suppliers' information into the system, you can dispatch quotation requests through various channels, such as emails and WhatsApp, among others. With AuraVMS handling the collection and comparison of quotations, you can focus your efforts on negotiation, allowing you to secure better deals efficiently. This not only saves time but also enhances your overall procurement strategy, ensuring that you remain competitive in the market.

Media

Media

Integrations Supported

Fusion Software
Gmail
NetSuite
SAP S/4HANA
WhatsApp
Xero
Zoho Books

Integrations Supported

Fusion Software
Gmail
NetSuite
SAP S/4HANA
WhatsApp
Xero
Zoho Books

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

$4.99/month
100% refund if the software does not serve it's purpose for you
Free Version
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Penny Software

Date Founded

2019

Company Location

Global

Company Website

penny.co

Company Facts

Organization Name

AuraVMS

Date Founded

2023

Company Location

India

Company Website

www.auravms.com

Categories and Features

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement

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

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

RFP

Bid Management
Collaboration
Content Management
Data Import / Export
Due Date Tracking
Knowledge Library
Progress Tracking
RFP Creation
RFP Responding
Requirements Management
Task Management
Templates
Vendor Management

RFQ

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Categories and Features

Quoting

Automated Quoting
Catalog Management
Client Portal
Contact Management
Customer Accounts
Customizable Branding
Discount Management
Forms Creation
Pricing Management
Product Configurator
Proposal Management

RFQ

Vendor Management

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

Popular Alternatives

Popular Alternatives

Discus Procure Reviews & Ratings

Discus Procure

DiscusIT
eSupplier Reviews & Ratings

eSupplier

eSupplier.com
Promena Reviews & Ratings

Promena

Promena Strategic Procurement Solutions