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Corcentric Source-to-Pay Platform vs. Penny Software

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Corcentric Source-to-Pay Platform

    Score6 out of 10
    N/AThe Corcentric Source-to-Pay Platform, including technology from the former Determine Selectica CPQ solution acquired by Corcentric in April 2019, is designed to provide a customizable CPQ solution to cover an enterprise's need to offer many possible permutations of combinations of product and service in a streamlined fashion.N/A

    Penny Software

    Score7 out of 10
    N/ACloud-based E-Source / Procure-To-Pay system that automates RFQs/RFPs, provide comparison and analysis. and push to maximizing savings. Penny can be used to cover the procurement cycle partially or completely. From request > processing internal approvals > dispatching RFQs/RFPs > gathering quotations/proposals > sending POs > receiving materials (GRN) > billing > payment. All steps are automated in a storyline without a need to disconnect at any stage.

    $50,000

    per year

    Pricing
    Corcentric Source-to-Pay PlatformPenny Software
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Corcentric Source-to-Pay PlatformPenny Software
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeRequired
    Additional Details——
    More Pricing Information
    Best Alternatives
    Corcentric Source-to-Pay PlatformPenny Software
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    Precoro
    Score9.5 out of 10
    Precoro
    Score9.5 out of 10
    Enterprises
    GEP Quantum Intelligence
    Score9.1 out of 10
    GEP Quantum Intelligence
    Score9.1 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Corcentric Source-to-Pay PlatformPenny Software
    Likelihood to Recommend
    5.0
    (1 ratings)
    7.0
    (1 ratings)
    Likelihood to Renew
    5.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    Corcentric Source-to-Pay PlatformPenny Software
    Likelihood to Recommend
    Corcentric
    It is well suited for applications which has centralized data system. For desperate databases, big performance hit could be unavoidable.Web based Sales solutions which could be easily unplugged from big infrastructure and to be used in field with no need of network connectivity or front office availability would be ideal candidates for CPQ
    Read full review
    Penny AI
    As previously stated, the use of Penny Software is great for the procurement of equipment required to do our jobs. We have seen a number of vendors come up with great pricing options for us to use. This way we have saved large amounts of money which we could invest in other areas of the business.
    Incentivized
    Read full review
    Pros
    Corcentric
    • Pricing engine is a big plus in CPQ.
    • The flex modeling supported in CPQ increases the model efficiency by eliminating unwanted options
    • Integrating external tools into selectica by exporting out xmls make it easier
    Read full review
    Penny AI
    • Simple UI
    • Large customization options
    • Quick file imports
    Incentivized
    Read full review
    Cons
    Corcentric
    • Model builder's sluggishness.
    Read full review
    Penny AI
    • More tutorials on features via YouTube
    Incentivized
    Read full review
    Likelihood to Renew
    Corcentric
    Unless CPQ is available on cloud or available as platform as service, I am less likely to consider it again. The initial cost involved is high and also the time required for that.
    Read full review
    Penny AI
    No answers on this topic
    Alternatives Considered
    Corcentric
    I used Saleslogix.
    Read full review
    Penny AI
    Penny Software has a great UI with a great support system. We are able to alter what we see and how we see particular data. This makes it easier for us to make decisions based on the information provided in a convenient manner. The support from the Penny team makes it easy for us to make adjustments to whatever we require out of the software, it also helps the team to get familiar with features they may have never used before.
    Incentivized
    Read full review
    Return on Investment
    Corcentric
    • yes, faster lead conversion as Field sales team rely less on main office
    • reduced sales cycle.
    • Reduced Sales overheads, deal closure can happen at client location.
    Read full review
    Penny AI
    • Positive ROI, is not particularly tangible, but the time saved meant that staff can focus on other projects
    Incentivized
    Read full review
    ScreenShots

    Penny Software Screenshots

    Screenshot of Platform ViewScreenshot of Comparison Table with AI Benchmark Tool.