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Penny Software vs. SAP Supplier Relationship Manager

Overview
ProductRatingMost Used ByProduct SummaryStarting 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
SAP Supplier Relationship Manager
Score 9.0 out of 10
N/A
SAP Supplier Relationship Manager is a solution combining procurement, catalog management and contract management.N/A
Pricing
Penny SoftwareSAP Supplier Relationship Manager
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Penny SoftwareSAP Supplier Relationship Manager
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
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Penny SoftwareSAP Supplier Relationship Manager
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User Ratings
Penny SoftwareSAP Supplier Relationship Manager
Likelihood to Recommend
7.0
(1 ratings)
9.0
(1 ratings)
User Testimonials
Penny SoftwareSAP Supplier Relationship Manager
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.
Verified User
Anonymous
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SAP
SAP Supplier Relationship Manager is well suited wherever SAP ERP (like ECC , S/4HANA) is in use. It might not work well when ERP is not from SAP (mostly ERP for small customers like NETSUITE, APPTIO, CORTEX etc.). for smaller customers procurement software like Coupa would better fit compared to SAP Supplier Relationship Manager. For large customers (like fortune 500 companies) SAP-SRM would fit very well.
Verified User
Anonymous
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Pros
Penny software
  • Simple UI
  • Large customization options
  • Quick file imports
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Anonymous
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SAP
  • Bid Invitation
  • contract management
  • Live Auction
  • Invoicing
  • Shopping Cart
Verified User
Anonymous
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Cons
Penny software
  • More tutorials on features via YouTube
Verified User
Anonymous
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SAP
  • Integration with ERP other than SAP
  • Analytics
  • Languages support
  • Automation
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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.
Verified User
Anonymous
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SAP
Coupa is better suited for smaller organizations and can integrate well with non-SAP ERPs. It has more languages supported and good mobile interface. Coupa has good Analytics and ca integrate well with ERPs like netsuite, octa, salesforce, cortex etc. It can also well integrate with other software like Docusign and support multiple languages with easier custom development.
Verified User
Anonymous
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Return on Investment
Penny software
  • Positive ROI, is not particularly tangible, but the time saved meant that staff can focus on other projects
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Anonymous
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SAP
  • efficiency in procurement function resulting lower TCO
  • Better relationship with suppliers
  • compliance management
Verified User
Anonymous
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ScreenShots

Penny Software Screenshots

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