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Average Ratings 4 Ratings

Total
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features
design
support

Description

Best-in-class procurement technologies are integrated with customer-centric services & solutions in the revolutionary Onex Spend Management System. By utilizing spend statistics and workflow-based P2P best practices, Onex SMS enables simplified procurement and vendor management, leading to a high degree of confidence, integrity, and mutual success. The first step to spend management is digitizing procurement, contracting and purchasing, as well as those responsible for managing suppliers, billing, and payments. These tasks are combined to create a single, intelligent process. It is done on a single cloud-based platform connected to a digital corporate network.

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 
Gmail Yes 
NetSuite No 
SAP S/4HANA No 
Xero No 
Zoho Books No 

Integrations

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

Pricing Details

Connect With Osource
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

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

Osource Global

Founded

2004

Country

India

Website

osourceglobal.com

Vendor Details

Company Name

Penny Software

Founded

2019

Country

Global

Website

penny.co

Product Features

Spend Management

Approval Workflow Yes 
Budgeting / Forecasting No 
Expense Tracking Yes 
Multi-Currency Yes 
Prepaid Cards Yes 
Procurement Management Yes 
Receipt Management Yes 
Spend Analysis Yes 
Spend Control Yes 
Supplier Management Yes 

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 

Alternatives

Alternatives

Onex Recon Reviews

Onex Recon

Osource Global
Onex Flow Reviews

Onex Flow

Osource Global
Promena Reviews

Promena

Promena Strategic Procurement Solutions