Penny Software vs. Procurify

Penny Software

Procurify

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Penny Software	Score 7.0 out of 10	N/A	Cloud-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.	N/A
Procurify	Score 9.9 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 Software

Procurify

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
Penny Software	Procurify
Free Trial
Yes	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	Yes

Entry-level Setup Fee

No setup fee

Required

Additional Details

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Procurify 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

Community Pulse
	Penny Software	Procurify

Best Alternatives
	Penny Software	Procurify
Small Businesses	MIP Fund Accounting Score 8.9 out of 10	MIP Fund Accounting Score 8.9 out of 10
Medium-sized Companies	Precoro Score 9.4 out of 10	Precoro Score 9.4 out of 10
Enterprises	SAP S/4HANA Cloud Score 8.5 out of 10	SAP S/4HANA Cloud Score 8.5 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Penny Software	Procurify
Likelihood to Recommend	7.0 (1 ratings)	9.9 (3 ratings)

User Testimonials
	Penny Software	Procurify
Likelihood to Recommend	Penny software 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 Verified User Anonymous 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 Verified User Anonymous Read full review
Pros	Penny software Simple UI Large customization options Quick file imports Incentivized Verified User Anonymous 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 JF Jena Faciane Controller Read full review
Cons	Penny software More tutorials on features via YouTube Incentivized Verified User Anonymous 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 Verified User Anonymous Read full review
Alternatives Considered	Penny software 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 Verified User Anonymous 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 Verified User Anonymous Read full review
Return on Investment	Penny software Positive ROI, is not particularly tangible, but the time saved meant that staff can focus on other projects Incentivized Verified User Anonymous 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 JF Jena Faciane Controller Read full review
ScreenShots	Penny Software Screenshots