Source-to-Pay
From Source-to-Pay, realize substantial cost reductions, improved governance, and maximum efficiency. Our platform enables your organization to minimize expenses, stay in control, and streamline operations effortlessly. Propel your business forward with certainty.
From Upstream (Pre-PO Decision) to Downstream (Post-PO Decision), Penny offers a modular platform that can be configured to your needs.
From Upstream (Pre-PO Decision) to Downstream (Post-PO Decision), Penny offers a modular platform that can be configured to your needs.
Sourcing
Empower your sourcing with AI: Smarter decisions,
better outcomes.
- Advanced supplier selection and cost optimization
- Resource maximization and enhanced organizational efficiency
- Comprehensive oversight and data driven decisions
Supplier management
Empower your procurement with AI-driven supplier management for superior efficiency and strategic insight.
- Efficient onboarding and risk assessments
- Strategic decision support
- 360-degree supplier visibility
Contract management
Optimize your contract lifecycle for enhanced efficiency and
risk reduction.
- Accelerated and streamlined contract drafting
- Enhanced compliance and risk management
- Value and efficiency in contract operations
Savings management
Empower CPOs with robust financial insights through savings management.
- Strategic value creation and holistic management
- Enhanced credibility and stakeholder alignment
- Operational efficiency and proactive management
Tail spend management
Streamline your tail spend to drive cost reduction and
operational excellence.
- Visibility and control over low-volume spend
- Cost reduction and efficient procurement processes
- Strategic sourcing and supplier relationship enhancement
Purchase requisitions
Shorten cycle times between requesters and approvers by routing requests to the right teams for approvals.
- Effortlessly upload and manage bulk items with drag and drop functionality.
- Prioritize and track purchase requests easily to align with business needs.
- Generate comprehensive reports to analyze and refine purchasing activities.