Customizable Procurement Software
that tailors to your needs
Boost your procurement efficiency through
a digital platform that flexibly adapts to your organization
Trusted by leading brands globally
penny. Products
Source-to-pay
penny procurement and sourcing software is customizable procurement software that tailors to your needs
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
Procure to pay, and everything in between.
We help you unlock
better Sourcing and Spend Management
Frequently Asked Questions
- 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.
penny. blogs
16 mins Read
Amen Reghimi
| Date: November 13, 2023
10 mins Read
Amen Reghimi
| Date: August 30, 2023
3 mins Read
Abdulmajeed Marzouq
| Date: July 25, 2023
4 mins Read
Iyad Aldalooj
| Date: February 21, 2023
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
3 mins Read
Practices to Turn Cost Center into a Profit Center
Abdulmajeed Marzouq
| DateJuly 25, 2023