Penny Software vs. Tradogram

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
Tradogram
Score 6.0 out of 10
N/A
Tradogram 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
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Best Alternatives
Penny SoftwareTradogram
Small Businesses
MIP Fund Accounting
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Score 8.7 out of 10
MIP Fund Accounting
MIP Fund Accounting
Score 8.7 out of 10
Medium-sized Companies
Esker
Esker
Score 8.9 out of 10
Esker
Esker
Score 8.9 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 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 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.
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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.
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Pros
Penny software
  • Simple UI
  • Large customization options
  • Quick file imports
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Tradogram
  • User-friendly
  • Helpful and attentive staff
  • Dashboard
  • Easy import/export
  • Customizable workflow
  • Project coding capabilities
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Cons
Penny software
  • More tutorials on features via YouTube
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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
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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.
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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.
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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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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.
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ScreenShots

Penny Software Screenshots

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