Customizable Procurement Software
that tailors to your needs

Boost your procurement efficiency through
a digital platform that flexibly adapts to your organization

Top Three E-procurement Solution Providers

Trusted by leading brands globally

penny. Products


penny procurement and sourcing software is customizable procurement software that tailors to your needs​


Purchase, Sell & Markup made easy.

Supplier Store

B2B E-commerce Software Platform

Featured in ProcureTech & Kearny Consulting

Top 100 Solution

Why penny Procurement and Sourcing Software and Solutions?

Penny is designed to make things easy, and consolidate
all your procurement into one intelligent system

User friendly platform

Modular Approach

Easy to Implement

Proven savings

Cloud based platform

Control & Compliance

Realtime visibility

Speed up Operation

Dedicated Support

penny. Partners

Procure to pay, and everything in between.

We help you unlock
better Sourcing and Spend Management

Frequently Asked Questions

penny Procurement and Sourcing Software is a cloud-based Procure-To-Pay and Source-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.
  • 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.

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.

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.

Yes. If your product search finds no results, you can submit a non-standard request.

penny. blogs

Understanding Tomorrow's Tech in Procurement

16 mins Read

Understanding Tomorrow’s Tech: A Must for Today’s Procurement Leaders

Amen Reghimi

| DateNovember 13, 2023


10 mins Read

Hyperautomation: Turbocharging Procurement for the Modern Age

Amen Reghimi

| DateAugust 30, 2023

Turning procurement from a cost center to a profit center

3 mins Read

Practices to Turn Cost Center into a Profit Center

Abdulmajeed Marzouq

| DateJuly 25, 2023

Need some help?


This site uses cookies to offer you a better browsing experience. Find out more on how we use cookies and how you can change your settings.