Finly VS Penny.co

Finly is a Finance Management & Governance Suite for businesses to automate, gain visibility & control business spend. The platform comprises of a scalable & intelligent Expense Management & E-Procurement System. The powerful policy engine governs all business transactions & an integrated payment technology system allowing automated reconciliations. Finly integrates with all your business systems, allowing streamlining all spend & expenses in your organization with the likes of Tally, Quickbooks, SAP, Oracle etc. keeping your business system up to date.

"Penny is a unique procurement platform which helps you digitise and manage your procurement cycle from end-to-end solutions like allocate, manage and monitor budgets by expense accounts, projects, departments, location, teams. Arranging procurement means requests, approvals, and POs won’t be lost in emails or offline. It’s maintain the purchase history and extract & tracked the data easily via the platform. you can pull out consolidated data reports and analysis from the platform for all your procurement activities.

Top Features- Procure To Pay- Procurement & Spend Management Software B2B Marketplace Cloud-Base SaaS Solution Track every order from Request-to-Pay...and backwards Digitize RFQs & quotations gathering Track every penny you spend Control spending Stay within your budget Access to new suppliers via “penny marketplace”

E-Source- Digitize RFQs & quotations gathering Negotiate and Request for Revision Digitize and Document sourcing Extract saving reports Access to new suppliers in KSA via “penny marketplace” Sends RFQs and POs via email and/or Whatsapp Automated gathering and organizing of Quotations Automated emails pushed to vendors for GNR notifications, bills, and payments"