# Penny Reviews
**Vendor:** Penny Software  
**Category:** [Procure to Pay Software](https://www.g2.com/categories/procure-to-pay)  
**Average Rating:** 3.5/5.0  
**Total Reviews:** 1
## About Penny
Penny Software is a modern Source-to-Pay (S2P) platform designed to help B2B organizations digitize and manage their end-to-end procurement processes—efficiently, intelligently, and with full transparency. Built with a modular and user-centric design, Penny automates every step from purchase requisition to payment, eliminating manual tasks, improving compliance, and accelerating procurement cycle times.




## Penny Reviews
  ### 1. Experience with penny is good

**Rating:** 3.5/5.0 stars

**Reviewed by:** Nischal C. | Associate Consultant, Small-Business (50 or fewer emp.)

**Reviewed Date:** July 23, 2024

**What do you like best about Penny?**

Penny provide good service to the customer with user-friendly environment

**What do you dislike about Penny?**

Some time non responsive rest of everything is good

**What problems is Penny solving and how is that benefiting you?**

Achieve significant cost savings



- [View Penny pricing details and edition comparison](https://www.g2.com/products/penny/reviews?section=pricing&secure%5Bexpires_at%5D=2026-06-04+07%3A16%3A18+-0500&secure%5Bsession_id%5D=6c3d3875-4695-4d4e-845c-0ea46f96f42f&secure%5Btoken%5D=3a314fd525d62ded28d584d09d978bc804dbde35d31d4a39aa10260fc28b62ca&format=llm_user)

## Penny Features
**Planning**
- Processes
- Contracts
- Content
- Requisition

**RFP Generation**
- Templates
- RFX
- Versioning
- Questions Library

**Supplier Marketplace**
- Library
- Categorization
- Data Management

**Execution**
- Sourcing
- Purchasing
- Invoicing

**RFP Distribution**
- Tracking
- Analysis
- Selection

**Contract Management**
- Compliance
- Revenue
- Negotiations

**Analytics**
- Visibility
- Performance
- Spend

**Submissions**
- Collaboration
- Knowledge Base
- Review
- Reporting

**Data Collection**
- Spend
- Compliance Reports
- Savings

**RFP Response**
- Project Management
- Content Library
- Access
- Automation
- Export
- Import

**Project Management**
- Dashboard
- Repository
- Lifecycle

**Agentic AI -  Procure to Pay**
- Multi-step Planning

**Agentic AI  - RFP**
- Autonomous Task Execution
- Multi-step Planning
- Cross-system Integration

**Agentic AI - Strategic Sourcing**
- Multi-step Planning
- Cross-system Integration
- Adaptive Learning

## Top Penny Alternatives
  - [SAP Ariba](https://www.g2.com/products/sap-ariba/reviews) - 4.1/5.0 (739 reviews)
  - [Responsive, formerly RFPIO](https://www.g2.com/products/responsive-formerly-rfpio/reviews) - 4.5/5.0 (1,276 reviews)
  - [Coupa](https://www.g2.com/products/coupa-software-coupa/reviews) - 4.2/5.0 (555 reviews)