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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

    Tradogram

    Score6 out of 10
    N/ATradogram headquartered in Ottawa offers their cloud-based procurement software, designed to provide complete spend control, purchase order management, and more at an affordable rate.N/A
    Pricing
    Penny SoftwareTradogram
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Penny SoftwareTradogram
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeRequiredNo setup fee
    Additional Details——
    More Pricing Information
    Best Alternatives
    Penny SoftwareTradogram
    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 SoftwareTradogram
    Likelihood to Recommend
    7.0
    (1 ratings)
    6.0
    (1 ratings)
    User Testimonials
    Penny SoftwareTradogram
    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
    Tradogram
    If your business is focused on one specific product or small in scope, Tradogram should be able to suit your needs. If you require simplistic reporting without in depth project codes and details, it does provide basic functionality that is very well suited for small enterprise. Companies that do all of their purchasing with POs will find it to be useful. If you are able to operate without needing it to plug back into a comprehensive ERP system, it should be sufficient.
    Incentivized
    Read full review
    Pros
    Penny AI
    • Simple UI
    • Large customization options
    • Quick file imports
    Incentivized
    Read full review
    Tradogram
    • User-friendly
    • Helpful and attentive staff
    • Dashboard
    • Easy import/export
    • Customizable workflow
    • Project coding capabilities
    Incentivized
    Read full review
    Cons
    Penny AI
    • More tutorials on features via YouTube
    Incentivized
    Read full review
    Tradogram
    • Reporting is really rigid and not customizable (except at an additional fee)
    • The API is new and still requires significant work to connect back into our ERP
    • Non-PO invoicing is extremely basic and doesn't draw from existing features
    • Can take a lot of clicks to get through a task
    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
    Tradogram
    We evaluated Procurify as part of our initial scope conversations. Ultimately, we felt that the price point was outside of what we could support and went with the lesser cost of Tradogram instead.
    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
    Tradogram
    • The product was priced very well as we made the transition from a homegrown internal system.
    • The need to pay to customize the system to do what we need it to do has been cumbersome.
    • The API connection back to our ERP system has not been optimal and has required us to engage with outside parties to assure that it is working properly.
    Incentivized
    Read full review
    ScreenShots

    Penny Software Screenshots

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