Penny Reviews & Ratings

Penny

4.8 out of 5 stars

Ratings and Reviews 4 Ratings

Total 5 out of 5 stars
ease 5 out of 5 stars
features 4.5 out of 5 stars
design 4.5 out of 5 stars
support 5 out of 5 stars

Ratings and Reviews 0 Ratings

Total 0 out of 5 stars
ease 0 out of 5 stars
features 0 out of 5 stars
design 0 out of 5 stars
support 0 out of 5 stars

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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 Proactis?

Proactis empowers midmarket firms experiencing rapid growth to gain complete control over their expenditures. Their comprehensive spend management platform streamlines the Source-to-Pay process, leading to cost savings, enhanced compliance, and minimized risk. You have the flexibility to embark on your spend management journey at any stage of the procurement process or implement the full suite as you see fit. Proactis provides access to a team of experts right from the start, ensuring support at every phase of your journey, even post-implementation. This commitment to ongoing assistance and service underscores our dedication to fostering a partnership aimed at achieving excellence in your financial management practices. Additionally, our approach allows for tailored solutions that can evolve alongside your company's needs.

Media

Media

Integrations Supported

NetSuite
Fusion Software
SAP S/4HANA
Zoho Books

Integrations Supported

NetSuite
Acumatica Cloud ERP
Celaton inSTREAM
Epicor Kinetic
Infor CloudSuite ERP
JD Edwards EnterpriseOne
MRI Software
Microsoft Dynamics 365
Oracle PeopleSoft
QuickBooks Online
SAP HANA
Sage 100
Sage 300
Sage Intacct
Unit4 ERP
Workday Extend

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
On-Prem
Chromebook

Supported Platforms

SaaS
Android
iPhone
iPad
Windows

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
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

Proactis

Date Founded

1996

Company Location

United States

Company Website

www.proactis.com/us

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

Accounts Payable

Approval Process Control
Duplicate Payment Alert
Fraud Detection
Vendor Management

AP Automation

Not specified

Procurement

Auction Management
Budget Management
Catalog Management
Contract Management
Invoice Processing
PunchOut
Purchase Order Management
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

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
Procurement Management
Spend Control
Supplier Management

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