Software Alternatives, Accelerators & Startups

Penny.co VS Tropic App

Compare Penny.co VS Tropic App 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

Tropic App logo Tropic App

Tropic offers a modern procurement solution for companies of all sizes when it comes to their SaaS requirements.
  • 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"

  • Tropic App Landing page
    Landing page //
    2023-09-01

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

Tropic App features and specs

No features have been listed yet.

Penny.co videos

Penny Software- Introduction

Tropic App videos

No Tropic App videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to Penny.co and Tropic App)
Procurement And Purchasing
Procurement Management
20 20%
80% 80
SaaS Management
0 0%
100% 100
Procurement
31 31%
69% 69

User comments

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Social recommendations and mentions

Based on our record, Tropic App seems to be more popular. It has been mentiond 2 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Penny.co mentions (0)

We have not tracked any mentions of Penny.co yet. Tracking of Penny.co recommendations started around May 2022.

Tropic App mentions (2)

  • Tropic - 3rd party negotiator
    Has anyone ever had a customer leverage a 3rd party negotiator, like Tropic, during deal negotiations? Basically they negotiate price and terms with you on behalf of the customer. They get info from you, go back to the customer for feedback and then come back with counter offers/demands. Source: about 1 year ago
  • Software for managing SaaS Licensing
    Side note: If you're getting requests from your clients for this type of service, you probably also have an opening to ad-sell your own "SaaS negotiation service". Over the past few years, services like Vendr, Tropic and Sastrify have been booming on the same value-add, and they typically begin invoicing from 3  000 $/client/month. Source: over 1 year ago

What are some alternatives?

When comparing Penny.co and Tropic App, 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.

Vendr - Vendor Management Services for high-growth companies. Renewal Management, Price Benchmarking, Contract Logistics

Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.

Sastrify - Sastrify is a leading SaaS Spend Management and Procurement Software. We discover, manage your SaaS licenses and negotiate the best prices on the market saving you 30% or more on your SaaS Stack.

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

Zylo - Zylo helps organizations optimize their SaaS investments by providing insights around Spend, Utilization, and User Feedback.