penny.co Open in urlscan Pro
34.120.118.123  Public Scan

Submitted URL: http://www.penny.co/
Effective URL: https://penny.co/
Submission: On August 26 via api from US — Scanned from DE

Form analysis 1 forms found in the DOM

Name: Blog NewsletterPOST

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REQUEST DEMO




PROCUREMENT SOFTWARE SO EASY
THAT EVERYONE IN YOUR TEAM
WILL LOVE USING IT

PROCURE-TO-PAY SOFTWARE FOR
MID AND UPPER MARKETS.

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TRUSTED BY
LEADING BRANDS GLOBALLY











FEATURED IN PROCURETECH &
KEARNY CONSULTING


TOP 100 SOLUTIONS




REIMAGINE PROCUREMENT

WITH OUR PRODUCTS

Procure-To-Pay
E-Source
Marketplace
Procure-To-Pay


REQUEST-TO-PAY PROCUREMENT SYSTEM WITH SPEND MANAGEMENT.
A TOOL TO MANAGE ALL YOUR PROCUREMENT IN ONE PLACE

Learn More
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E-Source


DIGITIZE YOUR SOURCING AND MAXIMIZE YOUR SAVINGS
WITH OUR COMPARISON TABLE FEATURE.

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Marketplace


KSA’S LEADING B2B MARKETPLACE HELPS YOU TO
CONNECT DIRECTLY WITH PRINCIPLE SUPPLIERS

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OUR PARTNERS







PROCURE TO PAY, AND EVERYTHING IN BETWEEN.

 * Purchase Request
 * Approved!
 * Source it
 * Purchase Quote
 * Purchase Order
 * Receive Receipt
 * Bill
 * Pay


WE HELP YOU UNLOCK
BETTER SOURCING AND SPEND MANAGEMENT

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FREQUENTLY ASKED QUESTIONS

What is Penny?

Penny is a cloud-based Procure-To-Pay system. penny helps you digitize and
manage your full procurement cycle from request to approval. Manage RFQs to
vendors, compare quotations, send POs and even payment. penny was designed to
make things easy and consolidate all of your organization’s spending needs into
one intelligent system.

How can penny Marketplace help my organization save time & money?
 * Allocate, manage and monitor budgets by expense accounts, projects,
   departments, location, teams..etc 
 * Streamlining procurement means requests, approvals, and POs won’t be lost in
   emails or offline.  
 * History and records of requests and purchases can be extracted and tracked
   easily via the platform. 
 * Product requests are more accurate through the catalog, and hence avoid
   purchasing mistakes.
 * Reports and analysis can be extracted from the platform, giving you a
   consolidated data center for all your procurement activities.
 * penny is cloud-based and an easy to use platform. The action-board gives your
   team a user-friendly and simple experience.

I have a complex procurement operation, can penny help me with my procurement
needs?

Yes, penny is designed to handle complex procurement operations. We make
EVERYTHING simple. Via the contract management feature, you can set the terms
and conditions of your contract, and the system will recognize the products and
the vendors of your request and match it with specified terms of your contract.
Easy.

What is Budget & Expense Management in penny?

Putting you in control of your spending is integral to our mission. penny allows
you to create Expense Accounts that match your P&L, and assign budgets to them.
For example, you can assign $X for your “Travel Budget” and reflect on the
budget before approving a travel request. In addition, penny allows you to set
budgets for cost centers like projects, departments, locations, and so much
more. With penny, you can extract reports and view your spend per Expense
Accounts or cost center.

What I need to request does not exist in my company catalog? Can I submit a
non-standard request?
Yes. If your product search finds no results, you can submit a non-standard
request.
Go to FAQ Page


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PROCUREMENT SOLVED



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