---
description: Review of penny Software: system overview, features, price and cost information. Get free demos and compare to similar programs.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: penny | Reviews, Pricing & Demos - SoftwareAdvice AU
---

Breadcrumb: [Home](/) > [RFP Software](/directory/4510/rfp/software) > [penny](/software/217636/penny)

# penny

Canonical: https://www.softwareadvice.com.au/software/217636/penny

> penny is a cloud-based e-Source / Procure-To-Pay system that automates RFQs/RFPs and provides clear comparison and analysis.

Penny can be used to cover the procurement cycle partially or completely. With penny, users can automatically track every purchase from request-to-pay and manage suppliers directly from the system.

Main features include:
- Processing internal approvals
- Dispatching RFQs/RFPs
- Gathering quotations/proposals
- Sending POs
- Receiving materials (GRN)
> 
> Verdict: Rated **5.0/5** by 1 users. Top-rated for **Likelihood to recommend**.

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## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **5.0/5** | 1 Reviews |
| Ease of Use | 5.0/5 | Based on overall reviews |
| Customer Support | 5.0/5 | Based on overall reviews |
| Value for Money | 4.0/5 | Based on overall reviews |
| Features | 4.0/5 | Based on overall reviews |
| Recommendation percentage | 90% | (9/10 Likelihood to recommend) |

## About the vendor

- **Company**: Penny Software

## Commercial Context

- **Starting Price**: USD 990.00
- **Pricing model**: Per Feature (Free Trial)
- **Target Audience**: 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based
- **Supported Languages**: English
- **Available Countries**: Afghanistan, Albania, Andorra, Armenia, Australia, Austria, Azerbaijan, Bahrain, Bangladesh, Belarus, Belgium, Bhutan, Bosnia and Herzegovina, Brunei, Bulgaria, Cambodia, Canada, China, Croatia, Cyprus and 86 more

## Features

- Access Controls/Permissions
- Approval Workflow
- Bid Management
- Budget Management
- Budgeting/Forecasting
- Catalog Management
- Content Management
- Contract/License Management
- Customizable Templates
- Data Import/Export
- Due Date Tracking
- Expense Tracking
- Inventory Management
- Invoice Processing
- Multi-Currency
- Procurement Management
- Progress Tracking
- Purchase Order Management
- Purchasing Reports
- RFP Creation

## Support Options

- Email/Help Desk
- FAQs/Forum
- Phone Support
- Chat

## Category

- [RFP Software](https://www.softwareadvice.com.au/directory/4510/rfp/software)

## Related Categories

- [RFP Software](https://www.softwareadvice.com.au/directory/4510/rfp/software)
- [Procure to Pay Software](https://www.softwareadvice.com.au/directory/4436/procure-to-pay/software)
- [Sourcing Software](https://www.softwareadvice.com.au/directory/250/strategic-sourcing-software/software)
- [Procurement Software](https://www.softwareadvice.com.au/directory/249/procurement-software/software)
- [Purchasing Software](https://www.softwareadvice.com.au/directory/528/purchase-order/software)

## Alternatives

1. [TYASuite](https://www.softwareadvice.com.au/software/115431/tyasuite-cloud-erp) — 4.2/5 (78 reviews)
2. [ProcurementExpress.com](https://www.softwareadvice.com.au/software/6155/rubberstamp) — 4.7/5 (421 reviews)
3. [Tradogram](https://www.softwareadvice.com.au/software/5220/tradogram) — 4.5/5 (109 reviews)
4. [Pivot](https://www.softwareadvice.com.au/software/430789/pivot) — 5.0/5 (20 reviews)
5. [Najar](https://www.softwareadvice.com.au/software/451026/Welii) — 4.8/5 (18 reviews)

## Reviews

### "Penny" — 5.0/5

> **Roshan** | *19 April 2023* | Automotive | Recommendation rating: 9.0/10
> 
> **Pros**: User friendly, Good layout, Easy to navigate, Easy price comparison.
> 
> **Cons**: Remarks space is too small, Right click and open in new Tab feature should be enabled of RFQ,Immediate deactivation of link should be enabled, once any filter is applied and moved further on pressing back key filter is gone,
> 
> Overall penny is a great tool to make your work easy in regards to price comparison from different supplier. All  data is in one place with great workflow starting from requestor to approval so everyone has the clear transparency about the job being carried.

## Links

- [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/217636/penny)

## This page is available in the following languages

| Locale | URL |
| de | <https://www.softwareadvice.de/software/217636/penny> |
| en | <https://www.softwareadvice.com/product/217636-penny/> |
| en-AU | <https://www.softwareadvice.com.au/software/217636/penny> |
| en-GB | <https://www.softwareadvice.co.uk/software/217636/penny> |
| en-IE | <https://www.softwareadvice.ie/software/217636/penny> |
| en-NZ | <https://www.softwareadvice.co.nz/software/217636/penny> |
| fr | <https://www.softwareadvice.fr/software/217636/penny> |

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