Penny Supplier Management
Supplier onboarding and performance management within Penny’s procurement platform.
At a glance
- Editor score7.0 / 10
- PricingFrom $50,000
- Best forHigh-budget supplier relationship programs
- Free planNo
- Qualification workflowsYes
- Founded2020 · Riyadh, Saudi Arabia
- Facts checked20 Sep 2026
Where it wins
- Covers registration, qualification, onboarding, documents, and performance
- Includes RFQs, quotation comparison, and supplier evaluation
- Integrates with SAP, Oracle, Microsoft, and Odoo
Where it doesn't
- Category 1 starts at $50,000
- Pricing uses a contact-sales model
- Available on the web platform only
Our verdict on Penny Supplier Management
Penny Supplier Management is a cloud-based supplier management module within Penny Software’s enterprise source-to-pay platform. It is designed for procurement teams that need one system for supplier registration, qualification, onboarding, documentation, communications, sourcing interactions, relationship history, and performance evaluation. Supplier profiles can include documents, certifications, and contacts, while performance workflows cover delivery accuracy, responsiveness, and quality.
Pricing is structured around three categories. Category 1 costs $50,000 and includes standard configuration, an Implementation Manager, an Account Manager, post-implementation support, and select features with tailored pricing. Category 2 costs $150,000 and adds customizable configuration, an Engineering Manager, an Implementation Manager, an Account Manager, and post-implementation support, with select features priced separately. Category 3 includes flexible customization, ongoing customization support, and full-time engineering resources. The product is sold through a contact-sales model, making it a fit for organizations prepared for a substantial implementation engagement rather than self-serve adoption.
Its main strength is breadth: supplier registration, qualification workflows, a supplier portal, document management, guided onboarding, communication tracking, performance dashboards, engagement history, RFQs, quotation comparison, and supplier evaluation are covered in one product. Integrations with SAP, Oracle, Microsoft, and Odoo support procurement environments built around those systems, while web access keeps the deployment model straightforward. Penny Supplier Management suits large procurement programs that value customization and centralized supplier governance. Organizations seeking a lower-cost tool, a simpler supplier database, or a self-serve purchasing experience should consider a narrower product instead.
Penny Supplier Management pricing
All 3 Penny Supplier Management plans and prices →
Penny Supplier Management fact sheet
| Free plan | No |
|---|---|
| Paid from | Not verified |
| Supplier onboarding | Yes |
| Qualification workflows | Yes |
| Document expiry alerts | Not verified |
| Performance scorecards | Yes |
| Supplier portal | Yes |
| Supplier limit | Not verified |
| Deployment | Cloud |
| Platforms | Web |
| Built for | Enterprise, Mid-market (editorial estimate) |
| Integrations | 4 integrations: SAP, Oracle, Microsoft, Odoo |
| Pricing | From $50,000 (source) |
| Website | penny.co |
| Facts checked | 20 Sep 2026 |
Penny Supplier Management integrations
Penny Supplier Management lists 4 integrations on its own site.
- SAP
- Oracle
- Microsoft
- Odoo
Alternatives to Penny Supplier Management
- LinkanaA compliance-focused supplier platform with validation, monitoring, scorecards and ERP integrations.—
- Procbay Supplier Lifecycle ManagementA structured supplier lifecycle system for teams that need traceable controls.7.0
- SAFAL Supplier Lifecycle ManagementA broad supplier lifecycle platform for complex ERP-connected operations.—
See all Penny Supplier Management alternatives →
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Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026
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