Simplify procurement with Penny Software

Penny is designed to make things easy, and consolidate all your procurement into one intelligent system

Penny is a cloud-based Source-to-Pay system.

penny helps you digitise and manage your full procurement cycle from request to approval. Manage RFQs to vendors, compare quotations, send POs and even payment.

Penny was designed to make things easy and consolidate all of your organisation’s spending needs into one intelligent system.

Our mission is to bring efficiency through innovations and empower organizations around the world.

Our vision is to be the global business platform rebuilding and simplifying trade.

Our values

Simplicity first

We remove complexity from bureaucracy. We automate first, manual second. We efficient, highly organised and effective collaborators. We’re easy to work with, easy to use and easy to join. We’re minimalist in design and concise in how we speak.

Chase excellence

We strive for perfection but we know we will never reach it. We build. We value giving and receiving feedback. We never sit still. We’re always learning. We know excellence today is not excellence tomorrow.

Always fair

We are open and honest. We don’t carry bias. We pro-actively create a level playing field. We’re diverse, we’re equal, we’re respectful. We are humble and active listeners.

Take responsibility

We’re innovators, solution architects and collaborators. We empower with unrivalled access. We unleash efficiency, free from constraint. We take ownership and are trusted to make make decisions. We embrace a culture of freedom.

Ambitious mindset

We’re tenacious, we’re hungry. We’re passionate and energetic. We set and achieve audacious goals. We dream big and execute. We partner with, hire and embolden the ambitious.

Explore products

Source-to-Pay

B2B e-commerce as platform

Procurement as a service

“I never understood why B2B platforms have to be dull and complicated.”

With all the exposure we have nowadays to consumers apps, B2B platforms seem to be stuck decades back. At penny, we believe in simplicity, design, and excellence. In short, we chase excellence and vow to raise the bar high to truly empower organizations around the world. With state-of-the-art technologies and world-class industry experts, penny is here to set new standards in procurement and spending-management.”

-Iyad Aldalooj, CEO & Co-founder