Customizable B2B Procurement Platform
that tailors to your needs

Boost your procurement efficiency through
digital B2B procurement software that flexibly adapts to your organization.

Trusted by leading brands globally

penny. Products

Source-to-pay

penny digital procurement suite is customizable, and tailored to your purchasing and procurement needs.

Reseller

Purchase, Sell & Markup made easy with our tools for traders, resellers, and procurement service providers.

Supplier Store

B2B Enterprise procurement platform that is the one stop shop for all your supplier sourcing needs.

How The penny Procurement Software Works for B2B?

penny is not just another procurement software platform; it's a cloud-based solution designed to streamline and enhance the procurement processes for B2B businesses.

All The Necessary Tools At Your Disposal

penny offers all the tools businesses need for RFQ, RFP, RPI, supplier management (S2P and P2P), payment management, and much more.

Seamless Integration with Existing Systems

There is no disruption to current procurement or ERP workflows, thanks to penny's integrations, making the transition to penny smooth and hassle-free.

Easy Engaging in Strategic Sourcing

penny offers tools and insights to identify the best suppliers, negotiate better deals, and ensure a consistent supply of inventory. 

Streamlining Purchasing Operations

Our software streamlines supply chain management based on your growth stage, S2P and P2P demands, and current workflows.

Featured in ProcureTech & Kearny Consulting

Top 100 Solution

Why penny Procurement and Sourcing Software and Solutions?

Penny is designed to make complex procurement processes easy, and will consolidate all your purchasing needs into one intelligent system.

User-friendly Digital Procurement Suite

Businesses can speed-up purchasing processes by simply uploading items in bulk with drag-and-drop interface, creating different workflows, and managing approvals.

Modular Approach

Strategic procurement doesn’t have to be convoluted. Handle contract management, vendor management, custom workspaces, invoices, and payments in one platform.

Easy to Implement

You don’t have to change your existing accounting or ERP system with penny! Our ERP and accounting integrations make our software easy to implement with your current tools.

Proven Savings

Gain visibility into accounting systems, business spend averages, and purchase orders to reduce costs. 

Web-based Procurement Software

No downloading and installing bulky software. Instead, simply login to your dashboard and manage e-procurement with ease.

Control & Compliance

We implement control and data compliance for all procurement tools. When automating procurement, we ensure industry standards for data security.

Realtime Visibility

Track inventory, manage purchase orders, and supplier relationships, and leverage procurement automation in real-time.

Optimize Operations

Consolidate every procurement function, including order and invoice management, finding potential suppliers, and more to improve efficiency.

Dedicated Support

Have a question? Need advice? Contact us, visit our help center, or check our FAQs!

penny. Partners

Procure to pay, and everything in between.

Purchase Requisation

E-Source

(RFQ, RFP, RFI)

Orders

(Direct Order, PO)

GRN

(Goods Receive Note)

Bill

(Bills & Proforma bills)

Payments

We help you unlock
better Sourcing and Spend Management

Frequently Asked Questions

penny procurement software is a cloud-based procurement platform designed for B2B businesses. It offers an all-in-one procurement software solution that streamlines purchasing process, ensuring efficiency and cost savings.

A procurement software for B2B like penny allows businesses to maximize spend, streamline processes, and achieve better savings tracking. With the rise of digital purchasing tools, procurement teams can enhance their operations and stay competitive in the market.

Getting started with a procurement software involves selecting a reliable provider like penny, understanding its modular solutions, and integrating it with your existing systems. With web-based procurement software like penny, the setup is intuitive and user-friendly.

While there are several purchasing and procurement software options available, penny stands out due to its comprehensive features, enterprise procurement software capabilities, and its reputation as an all-in-one tendering software.

Digital procurement software, like penny, utilizes advanced technologies, including artificial intelligence, to automate the procure-to-pay process. It offers e-procurement solutions on a single platform, ensuring seamless operations from sourcing to payment.

We streamline the B2B procurement process by offering an integrated digital procurement tool that covers every step from sourcing to payment. Its modular solutions cater to specific business needs, ensuring efficiency and transparency.

Our B2B procurement suite is designed to integrate seamlessly with disparate systems and existing digital processes. penny’s cloud-based nature ensures that integration is smooth, allowing businesses to leverage their current tools.

penny.co offers a range of features, including vendor management, spend analysis, contract management, and more. Its enterprise procurement software capabilities ensure that businesses have all the tools they need on a single platform.

Our platform offers real-time visibility into the procurement process, from sourcing to payment. This transparency ensures that businesses can make informed decisions, track savings, and ensure compliance throughout the procurement cycle.

Yes, penny.co supports real-time collaboration. Its web-based procurement software design ensures that stakeholders can collaborate seamlessly, ensuring that all parties are aligned and informed throughout the procurement process.

Onboarding your team onto penny.co’s platform is straightforward and user-friendly. The platform is designed with intuitive features, making it easy for teams to transition to this purchasing software in procurement. Comprehensive training resources and guides further simplify the process.

Yes, penny.co is designed to seamlessly integrate with a wide range of ERP and accounting software solutions. Its online procurement management system ensures that businesses can leverage their existing tools alongside penny’s advanced features, enhancing visibility and reducing costs.

penny.co, as a leading procurement software provider, is committed to innovation. The platform regularly updates its features and tools to align with the latest trends in procurement, ensuring that businesses always have access to cutting-edge procurement management software solutions.

Compliance is a cornerstone of penny.co’s platform. The software is designed to adhere to the latest procurement regulations and standards, ensuring that businesses can confidently manage their operations without compliance concerns.

Absolutely. penny.co’s platform is built to support global procurement operations, accommodating varying regulatory requirements across different regions. This adaptability ensures that businesses can operate autonomously and efficiently, regardless of their geographical footprint.

While specific pricing details vary, penny.co offers competitive pricing that delivers value. The procurement organization focuses on enhancing visibility, order management, and reducing costs, thus ensuring that businesses receive a robust return on their investment.

penny.co prides itself on offering top-notch customer support. Users of the platform can expect timely assistance, comprehensive resources, and dedicated support teams to ensure they make the most of their procurement team software.

Yes, penny.co has a collection of case studies and testimonials from businesses that have leveraged the platform to enhance their procurement processes. These testimonials highlight the platform’s ability to drive autonomous commerce, streamline operations, and deliver tangible results.

penny. blogs

S2C

5 mins Read

The Procurement Revolution: From S2C to S2P Explained

Iyad Aldalooj

| DateMarch 13, 2024

Generative AI and Procurement

23 mins Read

Riding the AI Wave: Generative AI and Its Impact on Procurement Excellence

Amen Reghimi

| DateDecember 11, 2023

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

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