Penny centralizes every step of the sourcing process, from creating RFQs and RFPs to comparing offers and awarding suppliers, all in one intuitive platform.
With easy-to-use digital forms, built-in communication, and real-time feedback loops, Penny helps suppliers to engage and respond faster.
Smart comparison tables, scoring tools, and evaluation workflows empower teams to choose the right supplier based on data insights and clear processes.
Leaders can drive better outcomes by negotiating with multiple suppliers directly from the comparison view: saving significant time and improving outcomes.
Custom approval workflows and automated tracking ensure sourcing events follow internal policies and speed up sourcing processes
Custom approval workflows and automated tracking ensure sourcing events follow internal policies and speed up sourcing processes