Software Alternatives & Reviews

Penny.co VS Procurify

Compare Penny.co VS Procurify and see what are their differences

Penny.co logo Penny.co

Penny is a cloud-based procurement software platform that provides end-to-end procurement functionality for direct and indirect spend management and supplier management

Procurify logo Procurify

Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.
  • Penny.co Landing page
    Landing page //
    2023-08-06

"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"

  • Procurify Landing page
    Landing page //
    2023-09-24

Procurify enables maturing companies to be proactive about managing their spend culture by providing a combination of accessible data, convenient process and manageable controls.

Procurify is the go-to spend management solution for mid-sized companies. Across the world, hundreds of companies use Procurify to track, control and analyze their spending. With its comprehensive workflow and user-friendly interface, Purchasing, Procurement, and Finance teams have been able to implement Procurify across departments and teams, to create a better Spend Culture. Get set up in as little as two weeks and let us help you transform your procurement process.

Penny.co features and specs

  • Procurement Management: Yes
  • RFQ / RFP Creation: Yes
  • Spend Analysis: Yes
  • Spend Tracking: Yes
  • RFP / RFQ portal: Yes
  • SaaS: Yes
  • Quotation tool: Yes

Procurify features and specs

No features have been listed yet.

Penny.co videos

Penny Software- Introduction

Procurify videos

Procurify Complete Product Walkthrough - Request to Bill Process

More videos:

  • Review - Why Procurify? - Procurify Solutions Overview
  • Review - Purchasing Made Ridiculously Simple | Procurify

Category Popularity

0-100% (relative to Penny.co and Procurify)
Procurement And Purchasing
Procurement Management
13 13%
87% 87
Small Business
2 2%
98% 98
Procurement
100 100%
0% 0

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Reviews

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Procurify Reviews

Top 9 Procurement Tools for SMBs (2024)
Procurify also supports creating a workflow for automating and tracking every purchase journey step. You can also set purchasing permission based on department and location. The ability to sort all orders for a vendor is another highlighted feature of this tool.
Source: geekflare.com
10 Best Procurement Management Software Tools in 2023
Procurify is one of the most user-friendly and best tools for procurement teams. With Procurify, you get real-time visibility into all business processes, spend, and supplier management solutions all in one place.
Source: clickup.com

What are some alternatives?

When comparing Penny.co and Procurify, you can also consider the following products

e-Procure - e-Procure B2B blockchain platform, is a completely free cloud based procurement software for modern B2B buyers and sellers.

Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.

Kissflow Procurement Cloud - The only all-in-one cloud procurement software you'll need for purchasing to vendor management. Kissflow cloud procurement solution keeps procurement processes simple, smart, and easy-to-use

Precoro - Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform!

BuyerQuest - BuyerQuest is the cloud platform for buying at work. The only provider offering true one-stop shopping for goods and services for everyone in your organization. Join the procurement revolution.

ProcurementExpress - ProcurementExpress.com is a powerful, user-friendly online purchase order management system. End Your Wasted Spend. Simple. Fast & Effective.