Automated Invoice Management System Reinvented: From Days into Clicks

Automate invoice matching, support partial and full payments, and offer flexible e‑invoicing options for all suppliers. Reduce processing costs, improve compliance, and streamline approvals with policy-aligned workflows that connect procurement and finance for maximize control and smarter spending.

Trusted by leading brands globally

Procurement order status showing PO approved, GRN received, invoice paid with itemized drilling equipment totaling $4,901.50

One end-to-end solution, from invoice to payment

Managing invoices via email, spreadsheets, or outdated systems causes delays, data errors, and missed verification steps. Without advanced tools, finance teams struggle to match invoices to payments, leading to late fees, compliance concerns, and fragmented visibility into spending. Penny integrates invoicing, supplier uploads, and payment workflows into a single flow—automating matching and supporting partial and full payments to ensure spend is controlled, traceable, and aligned with strategy.

Simplified. Automated. 
Full control.

Invoice matching dashboard showing $220,000 total with PO approved, GRN received, and invoice paid status

Automated invoice matching

Match invoices with GRNs and related documents automatically—minimizing manual review, reducing errors, and cutting processing costs.
Payment submission interface showing $1,299.00 total paid across 5 supplier bills with request e-invoice options

Partial & full payment handling

Support staged or complete invoice payments based on what’s delivered. Full payment accuracy and tighter control over your working capital.
Order Bill #1187 showing $1,499.00 total amount, fully paid, with download invoice option

Flexible e‑invoicing options

Give suppliers easy ways to submit invoices: via portal, upload, or API, for faster onboarding and intuitive invoice handling.
Business rule configuration interface with product category and payment term conditions, plus save and run buttons

Configurable multi-step approvals

Route invoices through rule-based approval chains by amount, vendor, or project. Maximizing policy compliance payment governance.
Enterprise software integration cards showing Penny connections to Odoo, SAP S/4HANA, and Oracle JD Edwards systems

Seamless ERP integration via API

Push approved invoices directly to your ERP or accounting system through secure APIs. Eliminate duplicate data entry and master system alignment.
Supplier Dashboard showing vendor response time metrics with bar chart displaying average actual response times per vendor

Live spend & payment insights

Make smarter cash flow decisions by accessing dashboards and reports with real-time views of invoice aging, payment status, and spend by category.
Audit log dashboard showing user actions, dates, and change types with search functionality

End-to-end audit trail

Track every action: invoice uploads, matching invoices, approvals, and payments in one secure, timestamped log. Simplify audits and ensure full accountability.
Yakil Traders order management dashboard showing 5 orders totaling $1,299.00 with status tracking and payment details

Streamlined supplier collaboration

Build excellent supplier relationships by providing easy invoice submission, tracking, and instant communication in one intuitive platform.

Modernize procurement with Penny Software.​
your customized solution

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