Software Alternatives, Accelerators & Startups

Procoto VS Penny.co

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

Procoto logo Procoto

Procurement software for SMB

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
  • Procoto Landing page
    Landing page //
    2023-05-21
  • 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"

Procoto features and specs

No features have been listed yet.

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

Procoto videos

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Penny.co videos

Penny Software- Introduction

Category Popularity

0-100% (relative to Procoto and Penny.co)
Procurement
76 76%
24% 24
Procurement And Purchasing
Productivity
100 100%
0% 0
Procurement Management
53 53%
47% 47

User comments

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Social recommendations and mentions

Based on our record, Procoto seems to be more popular. It has been mentiond 3 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.

Procoto mentions (3)

  • Show HN: Procoto – Self-Service RFP Management
    It seems like some of the website links aren't working. ( About us -> https://procoto.com/about/ "Check whole website: http://procoto.com/ 100% scanned - 821/821 URLs checked, 437 OK, 384 failed Scan completed with 384 errors.". - Source: Hacker News / 11 months ago
  • Show HN: Procoto – Self-Service RFP Management
    Thanks for letting me know. No issues on my end with uBlock and same deal with a few other users I asked to test. Just to confirm... You're referring to https://procoto.com? - Source: Hacker News / almost 1 year ago
  • Strategic Sourcing
    Strategic Sourcing refers to a sourcing process that includes continuously applying new and different strategies. It is a procurement process to help the proper supply chain management. Procoto helps you by streamlining your source-to-contract process which includes automated bidding and analysis, centralize vendor management, and digital contracts and terms. Source: over 2 years ago

Penny.co mentions (0)

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

What are some alternatives?

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

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.

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

Procurelist - Make procurement as easy as shopping

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

Current SCM - Procurement & materials management software

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