Penny Supplier Management

6.1easy start · #21of 25
in Supplier Management Software

Free to practise onno
Well documentedyes
Runs where you workno

Runs on Web.

Penny Supplier Management is ranked #21 of 25 in supplier management software on The Geeks Club. It runs on Web. There is no free plan.

Penny Supplier Management plans and pricing

All plans

Category 1 — Enterprise Ready $50,000 Standard configuration · Implementation Manager · Account Manager · Post-Implementation support · Select features priced by selection penny.co · 4 Oct 2026

Category 2 — Enterprise Ready. Customizable $150,000 Customizable · Engineering Manager · Standard configuration · Implementation Manager · Account Manager · Post-Implementation support · Select features priced by selection penny.co · 4 Oct 2026

Category 3 — Special Projects Flexible customization · Ongoing customization support · Full-time engineering resources · Standard configuration · Implementation Manager · Account Manager · Post-Implementation support · Select features priced by selection penny.co · 4 Oct 2026

Compared on supplier management software

Free plan: No
Supplier onboarding: Yes
Qualification workflows: Yes
Performance scorecards: Yes
Supplier portal: Yes

Best Penny Supplier Management alternatives

See all 20

oboloo Lesson 17.6 Qeluntra Lesson 26.9 Epicor Kinetic Lesson 36.7 Tradogram Lesson 46.7 Zoho Procurement Lesson 56.7 GEP SMART Contract Management Lesson 66.6

The record

Product: Penny is a cloud-based Source-to-Pay platform for managing procurement from requests and approvals through sourcing, purchase orders, invoices, and payments.
Supplier profiles: Supplier profiles can include contact information, financial data, certifications, and legal documents.
Supplier performance: Real-time dashboards track delivery accuracy, responsiveness, quality consistency, and other supplier performance metrics.
Sourcing: The platform supports RFQs, RFPs, and RFIs, side-by-side bid comparisons, vendor communications, automated scoring, and purchase orders linked to budgets and supplier records.
AI: Penny describes conversational AI for creating and querying purchase requests and AI-powered negotiation over supplier price, shipping terms, and payment conditions.
Finance workflows: The platform includes goods receipt, billing management, payments, budget management, and expense accounts.
Integrations: The pricing page lists integrations with major cloud ERPs including SAP, Oracle, Microsoft, and Odoo, plus e-signature and other cloud platforms.
Users: The pricing page lists unlimited basic users and says the number of core users is to be defined.
Security: Penny says it uses encryption, access controls, regular security audits, staff confidentiality obligations, and incident management procedures aligned with SDAIA cybersecurity and data protection standards.
Data retention: Penny says personal data is retained as needed for contractual, legal, or operational obligations and then securely deleted or anonymized.
Support: The listed plans include an Implementation Manager, Account Manager, and post-implementation support.
Intended customers: Penny describes its platform as designed for enterprise teams and organizations operating across multiple locations and regions.
Marketplace availability: Penny’s terms say its marketplace feature, which connects buyers with supplier products in its procurement solution, is currently available only in Saudi Arabia.
Maker: The operator is Penny Software Arabia for Information Technology Company, a limited liability company incorporated in Saudi Arabia with a registered address in Riyadh.

Where it ranks on The Geeks Club

Best Supplier Management Software in 2026#21 of 25

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Sources

penny.co/company-overview/· checked 4 Oct 2026
penny.co/source-to-pay/core-sourcing/supplier-ma· checked 4 Oct 2026
penny.co/source-to-pay/· checked 4 Oct 2026
penny.co· checked 4 Oct 2026
penny.co/pricing/· checked 4 Oct 2026
penny.co/legal-section/· checked 4 Oct 2026