penny.
Software DevelopmentRiyadh, Saudi Arabia51-200 Employees
Penny is a mid-sized software company based in Riyadh, Middle East, that offers a cloud-based Source-To-Pay platform. The system is modular and designed for rapid deployment and straightforward operation, covering the procurement cycle from requisitions and approvals through RFQs, RFPs, and RFIs, to gathering, evaluating, and comparing supplier quotations, then generating purchase orders, goods receipts, and payments. It also includes modules for vendor, contract, spend, and budget management, enabling end-to-end procurement tracking and reporting. The company serves organizations looking to automate procurement workflows and improve visibility and control over spend and supplier relationships. In 2026, Penny expanded its footprint with a new office in Derby, Northern Europe, as part of its global expansion.
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