During our participation at GITEX GLOBAL, the world’s largest technology and startup event, Penny Software announced the signing of a strategic partnership agreement with upsource by solutions, aimed at advancing digital procurement management and empowering organizations to automate their procurement cycles with greater efficiency and transparency.
This partnership represents a significant step forward in supporting organizations’ digital transformation journeys across the Kingdom. It delivers innovative solutions that simplify procurement management, enhance operational performance, and ensure the highest levels of governance and compliance.
Key Objectives of the Partnership
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Simplify and automate procurement cycles: Empower organizations to manage their procurement processes seamlessly and efficiently through a unified platform.
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Reduce direct costs for clients: Provide smart digital solutions that save time, effort, and financial resources.
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Enhance transparency and spend governance: Ensure visibility, compliance, and control throughout the procurement lifecycle.
Through this collaboration, Penny Software and upsource by solutions aim to build a unified digital ecosystem that enables Saudi companies to manage their procurement activities with greater accuracy, speed, and control supporting digital transformation and long-term business sustainability.
About upsource by solutions
upsource by solutions is Saudi Arabia’s first COPC®-certified BPO provider, setting new benchmarks for operational excellence and innovation in the local outsourcing industry.
Backed by the leadership of solutions by stc, upsource by solutions has emerged as a market leader, delivering world-class outsourcing services that drive efficiency, scalability, and profitability.
With a holistic, business-first approach to Business Process Outsourcing (BPO), upsource by solutions focuses on operational excellence, process optimization, and measurable results — helping clients strengthen customer relationships, improve efficiency, and unlock new growth opportunities across all business functions.
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.