TrustRadius: an HG Insights company

Penny Software

Score7 out of 10

1 Reviews and Ratings

What is Penny Software?

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.

Categories & Use Cases

Media

Penny Software
Penny Software

1 / 2

Good value for money, speeds up procurement

Use Cases and Deployment Scope

Penny Software has helped us to save time and therefore money on quick uses of spreadsheets and procurement. With drag and drop options we were able to ensure that the right equipment was purchased with the best available resources.

Pros

  • Simple UI
  • Large customization options
  • Quick file imports

Cons

  • More tutorials on features via YouTube

Most Important Features

  • Ease of use
  • Speed and efficiency
  • Value for money

Return on Investment

  • Positive ROI, is not particularly tangible, but the time saved meant that staff can focus on other projects

Alternatives Considered

Saleo

Other Software Used

Salesforce CMS, Mailchimp, WordPress