Penny
4.8 out of 5 starsRatings and Reviews 0 Ratings
Ratings and Reviews 4 Ratings
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What is kg³?
Established in 2013, kg³ unites skilled experts from procurement, logistics, and consulting sectors. Our goal is to deliver advanced technological solutions that prioritize ease of use and efficiency. Alongside our comprehensive SaaS products, we also offer consulting and interim management services centered on sourcing and procurement strategies. Our state-of-the-art procurement platform allows freight buyers to navigate complex transportation tenders with ease. Featuring a powerful rate engine, we streamline the analysis process to guarantee precise comparisons of intricate rate arrangements. Our focused, data-centric insights aid bid participants in achieving substantial cost savings. In addition, we empower Logistics Service Providers to adeptly manage their internal operations, enabling them to respond to customer RFQs in a thorough and timely manner. A significant challenge faced by large global enterprises is the effective planning and coordination of quotation workloads, as any delays or inaccuracies in internal responses can compromise professional and prompt customer interactions. By tackling these issues, kg³ is revolutionizing the procurement landscape for our clients, fostering a more efficient and responsive environment. Ultimately, our commitment to innovation and excellence is what sets us apart in the industry.
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.
Integrations Supported
API Availability
API Availability
Has API
Pricing Information
Pricing not provided
Free Trial Offered?
Pricing Information
Pricing not provided
Supported Platforms
SaaS
Supported Platforms
SaaS
On-Prem
Chromebook
Customer Service / Support
Standard Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Online Training
Training Options
Documentation Hub
Webinars
Online Training
Company Facts
Organization Name
kg³
Date Founded
2013
Company Location
Czech Republic
Company Website
kgcubed.com
Company Facts
Organization Name
Penny Software
Date Founded
2019
Company Location
Global
Company Website
penny.co
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