# Penny

> Penny (penny.co) is an AI-powered Source-to-Pay procurement platform that helps enterprises streamline purchasing, sourcing, approvals, and payments in one unified system. Strong regional expertise in Saudi Arabia and the GCC, including LCGPA compliance and Saudi Vision 2030 procurement mandates. Available in English and Arabic.

Penny replaces fragmented, email-based procurement with a single cloud-based, AI-assisted workflow covering purchase requests, RFQ/e-sourcing, purchase orders, goods receiving (GRN), invoice matching, payments, budget management, and expense accounts. Bidly AI automates RFQ generation, supplier matching, and bid analysis. A self-service supplier portal lets vendors register, bid, and invoice without manual back-and-forth.

## Source-to-Pay

- [Purchase Requests](https://penny.co/source-to-pay/core-sourcing/purchase-requests/): Submit and route purchase requests through configurable, role-based approval chains.
- [E-Sourcing / RFQ](https://penny.co/source-to-pay/core-sourcing/e-sourcing-rfq/): Send competitive bid requests to multiple suppliers and compare quotes in one place.
- [POs & Awards](https://penny.co/source-to-pay/core-sourcing/pos-awards/): Auto-generate purchase orders from approved requests and award contracts.
- [Supplier Portal](https://penny.co/source-to-pay/core-sourcing/supplier-management/): Self-service supplier registration, bidding, PO receipt, and invoice upload.
- [GRN / Receiving](https://penny.co/source-to-pay/purchase/grn-receiving/): Record goods received against orders and flag discrepancies before payment.
- [Billing Management](https://penny.co/source-to-pay/purchase/billing-management/): Automated 3-way matching of invoices to POs and GRNs.
- [Payments](https://penny.co/source-to-pay/purchase/payments/): Track and manage supplier payments with full audit trails.
- [Budget Management](https://penny.co/source-to-pay/finance/budget-management/): Set, track, and enforce departmental budgets in real time.
- [Expense Accounts](https://penny.co/source-to-pay/finance/expense-accounts/): Manage employee expense claims alongside central procurement spend.

## AI & Platform Products

- [Bidly AI](https://penny.co/bidly-ai/): AI sourcing engine that automates RFQ generation, supplier matching, and bid analysis.
- [B2B E-Commerce as a Platform](https://penny.co/b2b-e-commerce-as-platform/): White-label procurement platform for service providers to manage client portfolios, vendors, commissions, and approvals.
- [Procurement as a Service (PaaS)](https://penny.co/procurement-as-a-service/): Managed procurement combining the platform with expert procurement professionals.

## Solutions

- [Why Penny Is the Best Cloud-Based Invoice Management Solution](https://penny.co/why-penny-invoice-management/): AP automation and invoice matching capabilities.
- [From Raw ERP Data to LCGPA Score](https://penny.co/erp-data-to-lcgpa-score-automation/): How Penny automates Saudi Local Content (LCGPA) scoring from ERP data.
- [Source-to-Pay in Healthcare](https://penny.co/source-to-pay-healthcare/): Guide to procurement workflows for healthcare leaders.
- [How to Prepare for a Local Content Audit in Saudi Arabia](https://penny.co/prepare-local-content-audit-saudi-arabia/): LCGPA audit readiness guidance.
- [Business Budget Management Software for Teams](https://penny.co/business-budget-management-software-for-teams/): Overview of budget control features.

## Company

- [About](https://penny.co/company-overview/): Company overview.
- [Pricing](https://penny.co/pricing/): Plans and pricing.
- [Request a Demo](https://penny.co/request-demo/): Book a product walkthrough.
- [Contact](https://penny.co/contact-us/): Get in touch.
- [Newsroom](https://penny.co/newsroom/): Company news and press.
- [Careers](https://penny.co/careers/): Open roles.
- [Arabic site](https://penny.co/ar/): Penny in Arabic.
- [Platform Login](https://app.penny.co/en/login): Sign in to Penny.

## Optional

- [LinkedIn](https://www.linkedin.com/company/pennysoftware/)
- [Twitter / X](https://twitter.com/wearepennyco)
- [TikTok](https://www.tiktok.com/@pennysoftware)
- [YouTube](https://www.youtube.com/@penny.4228)