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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 Digital Purchase Order?

Take control of business purchasing with Digital Purchase Order (DPO), a comprehensive cloud-based solution that connects procurement, financial oversight, and expense management in one easy-to-use platform. DPO enables organizations to manage their entire purchasing process more efficiently, from initial purchase requests and approvals to goods receipts, invoice verification, and spending analysis. Instead of relying on emails, spreadsheets, and manual paperwork, companies can establish structured purchasing procedures with flexible approval hierarchies, customizable workflows, and clearly defined budget responsibilities. Real-time budget visibility helps decision-makers identify spending commitments early, prevent unauthorized purchases, and maintain better financial control. DPO simplifies daily operations through digital purchase order creation, automated approval routing, supplier management, invoice processing, three-way matching, and mobile expense tracking. Its reporting tools, CSV exports, and detailed audit trails provide valuable insights into purchasing activities while supporting accountability and compliance. The software is suitable for businesses of different sizes and industries, including hotels, hospitality groups, construction companies, logistics providers, and professional services. Procurement professionals, accountants, finance departments, and budget managers can collaborate within a centralized system and access essential purchasing information from anywhere using web-based tools or mobile apps for iOS and Android. By reducing administrative tasks and improving transparency across purchasing and finance operations, DPO helps businesses save time, strengthen budget discipline, and create more efficient procurement processes.

Media

Media

Integrations Supported

Fusion Software
NetSuite
SAP S/4HANA
Xero
Zoho Books

Integrations Supported

QuickBooks Online
QuickBooks Online Advanced

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$30.00/month
Digital Purchase Order (DPO) offers flexible subscription plans for businesses of different sizes, with pricing starting at $30 per month, billed annually.

Basic Edition ($30/month) includes 3 users and up to 50 purchase orders. Standard Edition ($60/month) includes 6 users, up to 150 purchase orders, and additional budget tracking and reporting features. Executive Edition ($100/month) includes 10 users, up to 300 purchase orders, advanced spend management, and dedicated customer success support.

AP & Expenses and Enterprise Editions are available with custom, quote-based pricing. These solutions provide additional invoice automation, expense management, three-way matching, and enterprise-level capabilities.

A free trial is available. Contact DPO for custom requirements and detailed pricing information.
Free Trial Offered?

Supported Platforms

SaaS
On-Prem
Chromebook

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Penny Software

Date Founded

2019

Company Location

Global

Company Website

penny.co

Company Facts

Organization Name

LeBog Software GmbH

Date Founded

2012

Company Location

UK, Germany

Company Website

www.digitalpurchaseorder.com

Categories and Features

Procure to Pay

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

Procurement

Bid Management
Budget Management
Catalog Management
Contract Management
Invoice Processing
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

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

RFP

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

RFQ

Not specified

Sourcing

Budget Management
Collaboration
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

Procurement

Budget Management
Invoice Processing
Purchase Order Management
Receiving
Requisitions & Approvals
Spend Management
Supplier Management

Purchase Order

Not specified

Purchasing

Catalog Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals
Spend Management
Supplier Management

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