penny 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
User Reviews

Overview

penny

5.0

(1)

Pricing

Starting at $990.00 per year

About penny

penny is a cloud-based e-Source / Procure-To-Pay system that automates RFQs/RFPs and provides clear comparison and analysis.

Penny can be used to cover the procurement cycle partially or completely. With penny, users can automatically track every purchase from request-to-pay and manage suppliers directly from the system.

Main features include:

Processing internal approvals
Dispatching RFQs/RFPs
Gathering quotations/proposals
Sending POs
Receiving materials (GRN)

penny Screenshots

penny Pricing and Plans

Starting price: $990.00 per year

Free Trial

Free Version

Basic

$990.00

per feature, per year

No plan information available

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penny Features

Popular features found in Procurement
Budgeting/Forecasting
Catalog Management
Contract/License Management
Inventory Management
Invoice Processing
Purchase Order Management
Sourcing Management
Spend Management
Vendor Management
More features of penny
Access Controls/Permissions
Approval Workflow
Bid Management
Budget Management
Content Management
Customizable Templates
Data Import/Export
Due Date Tracking
Expense Tracking
Multi-Currency
Procurement Management
Progress Tracking
Purchasing Reports
Receipt Management
Receiving
Requirements Management
Requisition Management
RFP Creation
RFP Responding
Rfx Management
Self Service Portal
Spend Analysis
Spend Control
Supplier Management
Supplier Risk Management
Template Management
Templates
Transaction History
Workflow Management

penny User Reviews

Overall Rating

5.0

Ratings Breakdown

100%

Secondary Ratings

Ease of Use

5.0

Value for money

4.0

Customer support

5.0

Functionality

4.0

Have you used penny and would like to share your experience with others?

Roshan T.

Verified reviewer

Automotive

5001-10000 employees

Used daily for less than 12 months

Review source

Reviewed April 2023

Penny

Overall penny is a great tool to make your work easy in regards to price comparison from different supplier. All data is in one place with great workflow starting from requestor to approval so everyone has the clear transparency about the job being carried.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

User friendly, Good layout, Easy to navigate, Easy price comparison.

Cons:

Remarks space is too small, Right click and open in new Tab feature should be enabled of RFQ,Immediate deactivation of link should be enabled, once any filter is applied and moved further on pressing back key filter is gone,

Showing 1 - 1 of 1 Reviews