Invoice Solution That Frees Your Time
We offer market-leading technologies to capture invoices and all documents in various formats. With our solutions, you can:
Whether you're running a large enterprise or a promising startup, Penny can make your invoicing so effortless that you'll be shocked at how much extra time you have to focus on the core pillars of your operation and generate revenue faster.
Who would have believed invoice processing tools could do such feats?
Hit Every Single Deadline
Set aside a certain amount of time and energy for the client and work against that amount at a speed that suits you and the client.
Develop Detailed Reports
To keep clients satisfied and updated, we can help you develop and share retainer summary reports at any time during the retainer period. Enhanced analytics provide clarity over your invoices. You can include all essential data on vendors, invoice matching, and timely payments in these creative reports.
Optimize Your Workflow
This single, simple-to-use platform integrates recurring invoicing, timesheets, project planning, and reporting.
Design Professional Invoices Instantly
We know you’re the real deal, and we want you to look the part. We make it incredibly simple to produce original invoices for your company. Creating and editing your invoice, adding your logo, and tailoring your “thank you” messages with the invoice generator is easy. Clients will be blown away.
Get Paid Faster
No more running after clients for payments. We can help your clients pay online and receive payments up to 7 days sooner.
Run On Autopilot
You can automate any part of your operation, from managing payment reminders to safely charging the client’s credit card. Let Penny take care of client follow-ups and focus on the core pillars of your business.
Our invoicing solution can automatically gather and manage all invoicing, billing, and payment information.
Get What You Deserve
You should always charge for your services and the costs you incur. You can effortlessly add tracked time and expenses to the bills with the Penny invoice generator, making sure that you never lose money.
Create A Steady Cash Flow
Set a predetermined price with your customers upfront. Create a steady cash flow for a specific timeframe or project to make it simpler to predict future workload and earnings.
Get The Full Experience
With little to no setup fees and simple cloud-based solutions, we help you revamp your operation in just a few days without a large initial investment or setups which require substantial IT participation.
Why stop at
invoicing?
Just let Penny's e-procurement solution and other spend management tools handle every step from sourcing to payments.
With Penny, You Can Also:
- Incorporate invoice deadlines.
- Set your own invoice payment terms.
- Offer discounts with ease.
- Calculate taxes immediately
- Review mailing invoices before sending them.
- Add your favorite currency.
- When an invoice is read and settled, you’ll receive immediate notifications.
- With the smartphone app, you can invoice from anywhere.
- Monitor inventory costs on invoices effortlessly.
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Frequently Asked Questions
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.
- 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.
