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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Procurify

    Score7.3 out of 10
    Mid-Size Companies (51-1,000 employees)
    Procurify is a cloud-based purchase order approval workflow software. It is used by organizations of all sizes to track purchase orders from creation to final delivery.N/A
    Pricing
    Penny SoftwareProcurify
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Penny SoftwareProcurify
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeRequiredRequired
    Additional DetailsProcurify is priced on a per-user, per-month model, billed annually. The software supports types of users to fit different roles and functions within an organization. There are also volume discounts.
    More Pricing Information
    Best Alternatives
    Penny SoftwareProcurify
    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
    Penny SoftwareProcurify
    Likelihood to Recommend
    7.0
    (1 ratings)
    9.9
    (3 ratings)
    User Testimonials
    Penny SoftwareProcurify
    Likelihood to Recommend
    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
    Procurify
    If you have a manual purchasing process today and are having difficulty tracking requests and orders and ensuring that bills are accurate and paid on time, you will love Procurify.
    Incentivized
    Read full review
    Pros
    Penny AI
    • Simple UI
    • Large customization options
    • Quick file imports
    Incentivized
    Read full review
    Procurify
    • Workflow, ease of getting items to the person that is needed to approve.
    • Delegation, ease of setting up a temporary approver while a user is out on vacation.
    • Emailing PO's to vendors, don't have to save then email. Can email directly from Procurify.
    Incentivized
    Read full review
    Cons
    Penny AI
    • More tutorials on features via YouTube
    Incentivized
    Read full review
    Procurify
    • Ability to have concurrent budgets open for different years.
    • Inventory capability.
    • Switch items on a requisition to a catalog item before cutting the PO.
    Incentivized
    Read full review
    Alternatives Considered
    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
    Procurify
    We did our evaluation more than five years ago so I don't remember the names. Procurify was the only one (at the time) that met all of our needs. Procurify service and support is fantastic. No doubt we made the right choice.
    Incentivized
    Read full review
    Return on Investment
    Penny AI
    • Positive ROI, is not particularly tangible, but the time saved meant that staff can focus on other projects
    Incentivized
    Read full review
    Procurify
    • We saved time and got things approved quicker by using Procurify for invoice approvals.
    • Time was saved and expenses were reimbursed quicker.
    Incentivized
    Read full review
    ScreenShots

    Penny Software Screenshots

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