Penny is a modern solution in the Purchasing and Procurement category, designed to revolutionize expense and procurement management for businesses of all sizes. By automating processes from request to payment, Penny streamlines the entire procurement lifecycle, ensuring enhanced visibility, efficiency, and cost savings.

Why Use Penny?

Implementing Penny offers significant operational advantages:

• Comprehensive Procurement Automation: Penny covers every procurement phase, from requests to processing, approvals, dispatching RFQs/RFPs, receiving quotations, issuing purchase orders, to billing and payment—all under one platform.
• Expense Management Integration: With its integrated debit Mastercard and expense management system, Penny simplifies business expenses tracking and prevents budget leaks, providing real-time insights into spending.
• Digitized Workflow: Eliminate manual processes with Penny’s intuitive system, consolidating all procurement and expense activities into a single interface for enhanced control and scalability.
• Seamless Cloud Integrations: Penny integrates with major cloud accounting systems, making account reconciliation effortless while improving transparency and financial accuracy.
• User-Friendly Approach: Designed with ease of use in mind, Penny facilitates straightforward onboarding and reduces operating complexity for teams managing procurement or employee expenses.

Who is Penny For?

Penny is ideal for:

• Small to Medium-Sized Businesses: Simplify expense management and procurement processes without incurring excessive overhead costs.
• Finance & Procurement Teams: Manage RFQs, vendor sourcing, internal approvals, and payments efficiently, achieving greater visibility and budgetary control.
• Business Leaders & Owners: Gain real-time insights into company expenses, prevent overspending, and maintain compliance with financial policies.

Explore exclusive Penny deals. For alternative solutions, consider SAP Ariba, QuickBooks Online, and Zoho Books.