penny
Curated by SignalProcure-to-pay platform streamlining procurement processes for businesses.
Overview
Penny is a company that focuses on procure-to-pay accounting solutions. It offers an integrated platform designed to streamline the procurement process, encompassing activities from purchasing to payment. The company targets businesses that aim to improve their procurement efficiency by automating various tasks, including order placement, invoice processing, and payment execution, which may help in reducing manual entry and errors. The platform includes features such as electronic invoicing, dynamic discounting, and supplier management, which are intended to enhance transparency and control over spending. Additionally, Penny utilizes analytics to provide insights into spending patterns, which may assist businesses in optimizing their procurement strategies and managing cash flow. The technology is cloud-based, allowing for real-time collaboration and access to financial data, which can support informed decision-making and strategic planning.
Key facts
- Founded
- 2025
- Headquarters
- United Kingdom
- Stage
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- Industry
- Financial Technology
Business model
- GTM channel
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- 5 products and services
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Contact
- Primary office
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- Phone
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