---
title: Penny Reviews
meta_title: 'Penny Reviews 2026: Details, Pricing, & Features | G2'
meta_description: Filter reviews by the users' company size, role or industry to find
  out how Penny works for a business like yours.
aggregate_rating:
  rating_value: 3.5
  review_count: 1
  scale: '5'
date_modified: '2026-07-12'
parent_category:
  name: Procurement
  url: https://www.g2.com/categories/procurement
---


# 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?qs=pros-and-cons&section=pricing&secure%5Bexpires_at%5D=2026-08-09+05%3A32%3A26+-0500&secure%5Bsession_id%5D=b4a60155-8b91-47c8-abd0-0ec1da579460&secure%5Btoken%5D=4e403127bcdd15b1a9c036a845e2a9ea9cc90f9c9923ee42a46855c6b6656be5&format=llm_user)

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

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

**Supplier Marketplace**
- Library
- Categorization
- Catalog Management
- Real-Time Data
- Workflow Management
- Supply Chain Management
- Template Management
- Contract/License Management
- Bid Management
- Requisition Management
- Project Management
- Purchase Order Management
- Global Sourcing Management
- Spend Management
- Auction Management
- Invoice Management
- Budget Management
- Vendor Management
- Supplier Management
- Audit Management
- Document Management
- Procurement Management
- Rfx Management
- Supplier Risk Management
- Performance Management
- Compliance Management

**Execution**
- Sourcing
- Purchasing
- Invoicing
- Procurement Management
- Order Management

**RFP Distribution**
- Due Date Tracking
- Analysis
- Selection
- Progress Tracking
- Milestone Tracking
- Time & Expense Tracking
- Status Tracking

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

**Analytics**
- Visibility
- Performance
- Spend
- Financial Reporting

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

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

**RFP Response**
- Bid Management
- Content Library
- Access
- Automation
- Export
- Import
- Knowledge Library
- Compliance Management
- Purchase Order Management
- Audit Management
- Supplier Management
- Workflow Management
- Content Management
- Requirements Management
- Vendor Management
- Document Management
- Requisition Management
- Contact Management
- User Management
- Inventory Management
- Template Management
- Task Management
- Catalog Management

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

**Agentic AI -  Procure to Pay**
- Multi-step Planning
- Autonomous Task Execution
- Proactive Assistance

**Additional Functionality**
- Generative AI
- Integration Management
- Vendor Management
- Contract Lifecycle Management
- Budgeting/Forecasting
- Compliance Management
- AI Copilot
- Inventory Management

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

**Agentic AI - Strategic Sourcing**
- Multi-step Planning
- Cross-system Integration
- Adaptive Learning
- Third-Party Integrations
- ERP integration

**Additional Functionality**
- Approval Process Control
- Collaboration Tools
- Reporting & Statistics
- Generative AI
- API
- Access Controls/Permissions
- Order Tracking
- Inventory Control
- Budgeting/Forecasting
- AI Copilot
- Real-Time Analytics
- Spend Analysis
- Multi-Currency
- Audit Trail
- Real-Time Reporting
- Activity Tracking
- Search/Filter
- Spend Control
- Data Import/Export
- Alerts/Notifications
- Invoice Processing
- Receiving
- Document Storage
- Quotes/Estimates
- Supplier Web Portal
- Supplier Qualification
- RFP Creation
- Reminders
- Self Service Portal
- Purchasing & Receiving
- Risk Assessment

**Additional Functionality**
- Alerts/Notifications
- API
- Version Control
- Collaboration Tools
- Projections
- RFP Responding
- Approval Process Control
- Proposal Generation
- Electronic Signature
- AI Copilot
- Activity Dashboard
- Access Controls/Permissions
- Automatic Formatting
- RFP Creation
- Audit Trail
- Customizable Reports
- Document Storage
- Generative AI
- Configurable Workflow
- Quotes/Estimates

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