Penny Software, the digital procurement software, has signed a partnership with NHC to develop SupplyPro, an innovative procurement platform tailored for the NHC housing sector.
This collaboration marks a milestone in digitalizing and streamlining procurement processes within Saudi Arabia’s rapidly evolving housing industry.
SupplyPro will serve as a centralized procurement solution that connects NHC contractors directly with pre-approved suppliers, enabling more efficient purchasing workflows and improved supply chain management. The platform aims to eliminate traditional procurement challenges faced by contractors working on housing projects.
Key Benefits of SupplyPro Platform:
- Direct access to a powerful network of qualified suppliers and housing contractors
- Support for local content and supplier enablement
- End-to-end visibility into procurement operations
- Faster procurement cycles and improved compliance
“We understand the complexities contractors face in managing their procurement processes. Through our partnership with NHC, SupplyPro will provide contractors with a streamlined solution to connect with vested suppliers and manage their procurement needs efficiently.” Iyad Aldalooj, Penny Software CEO said.
The collaboration aligns with Saudi Arabia’s broader digital transformation initiatives and demonstrates both organizations’ commitment to advancing technological innovation in the housing sector. SupplyPro is expected to streamline procurement processes, reduce operational costs, and enhance decision-making capabilities for housing industry stakeholders.
The implementation of Supply Pro aligns with both organizations’ goals to digitize and modernize the construction industry’s procurement practices, ultimately contributing to more efficient project delivery in Saudi Arabia’s housing sector.
About NHC
NHC (National Housing Company) is a leading real estate developer in Saudi Arabia, established to transform the housing sector. It focuses on creating high-quality, integrated urban communities aligned with Saudi Vision 2030. NHC aims to deliver 300,000 housing units by 2025 and 600,000 by 2030, enhancing the national economy. Through strategic partnerships, NHC contributes to growth in the housing, real estate, and commercial sectors. Their initiatives target affordable housing, self-construction, and land development, aiming for a 70% homeownership rate among Saudi families.
About Penny Software
Penny Software is a Saudi-based technology company that provides modern procurement and spend management solutions to businesses and government entities. With a focus on automation, transparency, and compliance, Penny helps organizations make smarter purchasing decisions, meet regulatory requirements, and digitize complex procurement workflows.
