Penny

Penny

Penny Software
Vendor Management System

Vendor Management System

Covendis Technologies
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About

Procurement solved. penny is a cloud-based Procure-To-Pay system. Penny helps you digitize and manage your full procurement cycle. Make requests, send RFQs/RFPs to multiple vendors, compare quotations, send POs and even payment. Penny was designed to make things easy and consolidate all your organization’s spending needs into one intelligent system. Certified by Procure Tech & Kearney Consulting as one of the 100 most innovative procurement solutions globally, you can be sure that procurement is made simple with penny. How can penny help your organization save time & money? ● Streamline procurement means that requests, approvals, and POs won’t be lost in emails or offline. ● Product requests are more accurate through catalogs, avoiding purchasing errors. ● The platform makes it simple to extract and track the history and records of requests and purchases.

About

The Procurement of milestone, deliverable and hourly based contracts have their own set of unique needs. Whether it be separate geographical, operating and business units or statutory and regulatory demands, engaging and managing suppliers and can be a challenge. Covendis developed a Vendor Management Solution (VMS), an intuitive and flexible web- based platform, to help companies and organizations easily engage and manage their SOW suppliers. By streamlining, standardizing, and automating the entire source to pay process, companies and organizations increase their visibility, control, and real-world savings. The Covendis system allows companies to upload into the system Milestones and Deliverables from standard project management tools (like MS project) or use our standard template. Once uploaded, the system then supports the entire requisition to payment process in a closed loop environment. When change orders are required, our clients simply upload their updated project plan.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Mid-sized and large organizations seeking procurement solutions from all over the world and across all sectors.

Audience

Companies looking for a Procurement solution

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$1999 per month
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 4.8 / 5
ease 4.8 / 5
features 4.5 / 5
design 4.2 / 5
support 4.8 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Penny Software
Founded: 2019
Global
penny.co

Company Information

Covendis Technologies
www.covendis.com

Alternatives

Alternatives

eBuyerAssist

eBuyerAssist

Eyvo eProcurement
SmartPO

SmartPO

MedProcure

Categories

Categories

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Procure to Pay Features

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Purchasing Features

Catalog Management
Compliance Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

RFP Features

Bid Management
Collaboration
Content Management
Data Import / Export
Due Date Tracking
Knowledge Library
Progress Tracking
Requirements Management
RFP Creation
RFP Responding
Task Management
Templates
Vendor Management

Sourcing Features

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Spend Management Features

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Procurement Features

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Integrations

Fusion Software
Xero
Zoho Books

Integrations

Fusion Software
Xero
Zoho Books
Claim Penny and update features and information
Claim Penny and update features and information
Claim Vendor Management System and update features and information
Claim Vendor Management System and update features and information