Learn how penny software can unlock procurement efficiency and real-time budget visibility for your business.
Billing Management in Penny is the module that lets you create, track, and approve supplier bills directly within your procurement workflow, linking each bill to one or more Goods Receipt Notes and routing them through automated approvals before syncing to your ERP.
Once goods are received and a receipt note is confirmed, you can consolidate one or multiple receipt notes into a single bill in just a few clicks. Penny automatically pulls the relevant quantities, pricing, and supplier data, removing the need for manual re-entry.
Yes. You can either upload supplier invoices yourself or send a request directly to the vendor through the platform. All attached documents are stored securely in one location, giving both procurement and finance teams full visibility.
Penny supports multi-level, customizable approval workflows. Bills are automatically routed based on rules you define such as spend amount, department, or project ensuring compliance, full traceability, and eliminating approval bottlenecks.
Yes. Once a bill is fully approved, it syncs directly into your accounting or enterprise resource planning system with no manual data entry required. This keeps payment schedules on track and reduces the risk of human error.
