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penny
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Based on GetApp‘s extensive, proprietary database of in-depth, verified user reviews
Cloud-based Procure-To-Pay
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penny - 2026 Pricing, Features, Reviews & Alternatives


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Last updated: August 2026
penny overview
What is penny?
Penny is a cloud-based procurement system that automates sourcing and Procure-to-Pay workflows end-to-end. Built for enterprise teams, Penny replaces scattered emails, spreadsheets, and disconnected approval chains with a single connected workflow, from request to payment.
With Penny, procurement teams gain full visibility and control over spend, faster sourcing cycles, and measurable savings, without needing to switch systems at any stage of the process.
Key Features
Automated RFQ/RFP creation and distribution
AI-driven supplier comparison and scoring
Automated internal approval routing
Purchase order (PO) issuance and tracking
Goods receipt notification (GRN) and 3-way invoice matching
Real-time budget tracking with predictive alerts
Consolidated spend reporting and savings analytics
Full purchase history and audit trail
Starting price
Alternatives
with better value for money
penny’s user interface
penny reviews
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- Ease of use
- Features
- Customer support
- Likelihood to recommend1.00/10
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penny's key features
Most critical features, based on insights from penny users:
All penny features
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penny alternatives
penny pricing
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penny support options
Typical customers
Platforms supported
Support options
Training options
penny FAQs
penny has the following typical customers:
Small Business, Mid-size Business, Large Enterprises
These products have better value for money
Q. What level of support does penny offer?
penny offers the following support options:
FAQs/Forum, Email/Help Desk, Chat, Phone Support, Knowledge Base



