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Average Ratings 4 Ratings

Total
ease
features
design
support

Description

Businesses can exchange payments, collaborate, and engage in business relationships on Candex without having to set up cumbersome financial systems. Each order is authorized by Candex to a specific seller. Candex invoices the seller for the goods and services delivered after accepting the purchasing terms. Candex sends an invoice to the buyer after completing compliance scans and verifications. You will receive an email inviting you to accept the order of a buyer. Before you can issue an invoice, you must accept the terms of your client's purchase.

Description

Penny is a cloud-based Procure-To-Pay system. Beautifully designed and easy to use, penny digitalizes and manages your entire procurement cycle, from request to pay. Send RFQs, RFPs, and RFIs to multiple vendors, compare quotes, send POs, and even payment. penny was created to make a complicated process simple by combining all your organization's procurement requirements into a single intelligent system. How can penny help your organization save time & money? ● Allocate, manage, and monitor budgets by expense accounts, projects, departments, location, teams, etc. ● Streamline procurement means that requests, approvals, and POs won’t be lost in emails or offline. ● The platform makes it simple to extract and track the history and records of requests and purchases. ● Product requests are more accurate through catalogs, avoiding purchasing errors. ● Reports and analysis can be extracted from the platform, giving you a consolidated data center for all your procurement activities. ● penny is cloud-based and was designed with ease-of-use in mind. Our Action Board gives your team a user-friendly and simple experience.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Fusion Software No 
NetSuite No 
SAP S/4HANA No 
Xero No 
Zoho Books No 

Integrations

Fusion Software Yes 
NetSuite Yes 
SAP S/4HANA Yes 
Xero Yes 
Zoho Books Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises Yes 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Candex

Website

www.candex.com

Vendor Details

Company Name

Penny Software

Founded

2019

Country

Global

Website

penny.co

Product Features

Procure to Pay

Billing & Invoicing No 
Budgeting / Forecasting No 
Compliance Management No 
Contract Lifecycle Management No 
Financial Reporting No 
Integration Management No 
Inventory Management No 
Order Management No 
Vendor Management No 

Product Features

Procure to Pay

Billing & Invoicing Yes 
Budgeting / Forecasting Yes 
Compliance Management Yes 
Contract Lifecycle Management Yes 
Financial Reporting No 
Integration Management Yes 
Inventory Management No 
Order Management Yes 
Vendor Management Yes 

Procurement

Asset Management No 
Auction Management No 
Bid Management Yes 
Budget Management Yes 
Catalog Management Yes 
Contract Management Yes 
Inventory Management No 
Invoice Processing Yes 
PunchOut No 
Purchase Order Management Yes 
Receiving Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Purchasing

Catalog Management Yes 
Compliance Management No 
Contract Management Yes 
Inventory Management No 
Invoice Processing Yes 
PunchOut No 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

RFP

Bid Management Yes 
Collaboration Yes 
Content Management No 
Data Import / Export Yes 
Due Date Tracking Yes 
Knowledge Library No 
Progress Tracking Yes 
RFP Creation Yes 
RFP Responding Yes 
Requirements Management Yes 
Task Management No 
Templates Yes 
Vendor Management Yes 

RFQ

Sourcing

Auction Management No 
Budget Management Yes 
Collaboration Yes 
Global Sourcing Management No 
Rfx Management Yes 
Spend Management Yes 
Supplier Management Yes 
Supplier Qualification Yes 
Supplier Risk Management Yes 
Supplier Web Portal Yes 
Template Management Yes 

Spend Management

Approval Workflow Yes 
Budgeting / Forecasting Yes 
Expense Tracking Yes 
Multi-Currency Yes 
Prepaid Cards Yes 
Procurement Management Yes 
Receipt Management Yes 
Spend Analysis Yes 
Spend Control Yes 
Supplier Management Yes 

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