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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

    Sage 300

    Score6.8 out of 10
    N/ASage 300 (formerly Sage 300 ERP) is a business management solution that includes strong accounting and financials, as well as multi-currency and multi-language capabilities. Built on accounting best practices, users will be able to track, control, and plan the financial health of their business.

    $1,655

    Lifetime License per Seat

    Pricing
    Penny SoftwareSage 300
    Editions & Modules
    No answers on this topic
    Sage 300 ERP Standard
    $1,655
    Lifetime License per Seat
    Sage 300 ERP Advanced
    $1,665
    Lifetime License per Seat
    Sage 300 ERP Premium
    $1,665
    Lifetime License (unlimited seats)
    Offerings
    Pricing Offerings
    Penny SoftwareSage 300
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeRequiredNo setup fee
    Additional Details—Our pricing is by module and by license and can range depending on what the customers requirements are. Most of our financial and operational modules are $1655.00 each, plus user license, plus an annual business care of 24%.
    More Pricing Information
    Features
    Penny SoftwareSage 300
    Payroll Management
    Comparison of Payroll Management features of Penny Software and Sage 300
    Feature
    Penny Software
    -
    Ratings
    Sage 300
    9.3
    11 Ratings
    21% above category average
    Pay calculation00 Ratings9.411 Ratings
    Benefit plan administration00 Ratings9.46 Ratings
    Direct deposit files00 Ratings9.311 Ratings
    Salary revision and increment management00 Ratings9.39 Ratings
    Reimbursement management00 Ratings9.38 Ratings
    Customization
    Comparison of Customization features of Penny Software and Sage 300
    Feature
    Penny Software
    -
    Ratings
    Sage 300
    6.2
    11 Ratings
    20% below category average
    API for custom integration00 Ratings9.39 Ratings
    Plug-ins00 Ratings3.010 Ratings
    Security
    Comparison of Security features of Penny Software and Sage 300
    Feature
    Penny Software
    -
    Ratings
    Sage 300
    9.5
    18 Ratings
    15% above category average
    Single sign-on capability00 Ratings9.514 Ratings
    Role-based user permissions00 Ratings9.518 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Penny Software and Sage 300
    Feature
    Penny Software
    -
    Ratings
    Sage 300
    9.3
    20 Ratings
    17% above category average
    Dashboards00 Ratings9.39 Ratings
    Standard reports00 Ratings9.320 Ratings
    Custom reports00 Ratings9.318 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Penny Software and Sage 300
    Feature
    Penny Software
    -
    Ratings
    Sage 300
    7.1
    21 Ratings
    7% below category average
    Accounts payable00 Ratings9.521 Ratings
    Accounts receivable00 Ratings9.520 Ratings
    Cash management00 Ratings9.313 Ratings
    Bank reconciliation00 Ratings6.620 Ratings
    Expense management00 Ratings9.312 Ratings
    Time tracking00 Ratings1.05 Ratings
    Fixed asset management00 Ratings3.06 Ratings
    Multi-currency support00 Ratings1.010 Ratings
    Multi-division support00 Ratings9.510 Ratings
    Regulations compliance00 Ratings9.39 Ratings
    Electronic tax filing00 Ratings4.07 Ratings
    Self-service portal00 Ratings1.07 Ratings
    Global Financial Support00 Ratings9.34 Ratings
    Primary and Secondary Ledgers00 Ratings9.35 Ratings
    Intercompany Accounting00 Ratings9.47 Ratings
    Localizations00 Ratings1.04 Ratings
    Journals and Reconciliations00 Ratings9.59 Ratings
    Enterprise Accounting00 Ratings9.36 Ratings
    Configurable Accounting00 Ratings9.37 Ratings
    Centralized Rules Framework00 Ratings9.35 Ratings
    Standardized Processes00 Ratings9.37 Ratings
    Inventory Management
    Comparison of Inventory Management features of Penny Software and Sage 300
    Feature
    Penny Software
    -
    Ratings
    Sage 300
    5.2
    13 Ratings
    33% below category average
    Inventory tracking00 Ratings1.012 Ratings
    Automatic reordering00 Ratings9.37 Ratings
    Location management00 Ratings9.311 Ratings
    Manufacturing module00 Ratings1.07 Ratings
    Order Management
    Comparison of Order Management features of Penny Software and Sage 300
    Feature
    Penny Software
    -
    Ratings
    Sage 300
    1.0
    12 Ratings
    152% below category average
    Pricing00 Ratings1.010 Ratings
    Order entry00 Ratings1.012 Ratings
    Credit card processing00 Ratings1.07 Ratings
    Cost of goods sold00 Ratings1.011 Ratings
    Order Orchestration00 Ratings1.02 Ratings
    End-to-end order visibility00 Ratings1.03 Ratings
    Order exception Resolution00 Ratings1.03 Ratings
    Best Alternatives
    Penny SoftwareSage 300
    Small Businesses
    No answers on this topic
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    Medium-sized Companies
    Precoro
    Score9.5 out of 10
    MYOB
    Score8.3 out of 10
    Enterprises
    GEP Quantum Intelligence
    Score9.1 out of 10
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Penny SoftwareSage 300
    Likelihood to Recommend
    7.0
    (1 ratings)
    7.7
    (21 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.4
    (2 ratings)
    Usability
    -
    (0 ratings)
    8.0
    (5 ratings)
    Support Rating
    -
    (0 ratings)
    8.6
    (3 ratings)
    User Testimonials
    Penny SoftwareSage 300
    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
    Sage
    Sage 300cloud is a great option when it comes to cloud accounting/tracking software. In comparison to Sage's other products, Sage 300cloud is the only cloud/web based option with modern UI's and more intuitive interfaces. Additionally, Sage 300cloud offers an entire system of customer integrations that become available dependent on subscription level. Sage 300cloud also offers integrations between other Sage products (AP, CRM, etc) that allows for better automation and efficiency
    Incentivized
    Read full review
    Pros
    Penny AI
    • Simple UI
    • Large customization options
    • Quick file imports
    Incentivized
    Read full review
    Sage
    • Overall ease of use and intuitive navigation - minimal training has been required to use the system efficiently and effectively
    • Customer Inquiry - quickly see outstanding documents and drill down on any item (open or paid) to find the information you need
    • Most reports are easy to export into a workable Excel format using the Excel - data only or csv file format.
    Read full review
    Cons
    Penny AI
    • More tutorials on features via YouTube
    Incentivized
    Read full review
    Sage
    • Little things, like changing the company name - are more difficult than we would like (We used to be MSDSSAB but legally shortened it to MSDSB).
    • A management financial reporting tool with live access - to premade reports - without paying an arm and a leg would be appreciated.
    • More training opportunities in local areas - or nearby - would be appreciated...
    Incentivized
    Read full review
    Likelihood to Renew
    Penny AI
    No answers on this topic
    Sage
    It is a solid stable product with a large user community and large ISV community. Support and Training are easy to access and obtain and there is larger reseller channel to ensure the firm you work with is honest. It is scalable and there are multiple deployment and payment options.
    Read full review
    Usability
    Penny AI
    No answers on this topic
    Sage
    Sage 300cloud is intuitive and user friendly after some training. It does require implementation and training but once that's done, this software is easy to use and navigate. Support for Sage 300cloud is spot on and offers assistance over the simplest to [the] most complex of tasks. Finding information or learning new tasks within Sage 300cloud is relatively easy and educational.
    Incentivized
    Read full review
    Support Rating
    Penny AI
    No answers on this topic
    Sage
    Turnover is high in the Sage Support department so sometimes it is difficult to get a rep who knows the issue well. Reps are good and getting assistance when they need it. Sometimes support is more interested in closing issue than actually solving problem. It can be difficult at times to have issues escalated but overall the support is good.
    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
    Sage
    Sage 300 cloud is much more detailed than the other. About the same in being user friendly A better layout Saves time for doing the schedules for Audits Mobile Access Sage 300cloud can manage all different industries
    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
    Sage
    • It allows our company to efficiently and effectively maintain and track our job cost.
    • Its reliable performance allows us to function continually.
    • It also provides our division managers with reports that they can use to determine where we are experiencing problems.
    Incentivized
    Read full review
    ScreenShots

    Penny Software Screenshots

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