Iyad Aldalooj

| DateFebruary 2, 2024

Penny Software Hosts Successful Dubai Procurement Breakfast with UAE’s Leading Organizations

penny booth
DUBAI, [Feb 22’d 2024]


Penny Software, a key player in the procurement software industry, proudly hosted the Dubai Procurement Breakfast, a significant event that gathered procurement leaders from the UAE’s foremost organizations. Watch video below


The exclusive event, held at the ritz Carlton JBR, was a confluence of ideas, strategies, and discussions about the future of procurement. It provided a unique platform for industry leaders to share insights, network, and explore collaborative opportunities.
”Penny Software is committed to driving innovation and excellence in procurement,” said Iyad Aldalooj, CEO at Penny Software. “This event was a fantastic opportunity for leaders to come together and discuss the challenges and opportunities in our industry.”

Iyad Aldalooj, CEO at Penny Software

Iyad Aldalooj, CEO at Penny Software


The breakfast meeting focused on the latest trends and challenges in procurement, emphasizing the importance of innovation and technology in shaping future strategies. Attendees included top executives and decision-makers from various sectors, highlighting the diverse nature of procurement challenges and solutions.
Penny Software thanks all participants for their valuable contributions and looks forward to hosting more events that foster industry collaboration and growth.



For more information about Penny Software and future events, please contact mohammed.bahra@penny.co

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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.

Yes. If your product search finds no results, you can submit a non-standard request.

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