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Penneo

Score10 out of 10

1 Reviews and Ratings

What is Penneo?

Penneo is a digital signature and digital transaction management software in the Nordics. The solution helps businesses in multiple industries streamline their document-based processes.

Business process automation

With Penneo enables users to automate repetitive, time-consuming tasks by sending documents for signing to the right people in the right order via predefined workflows. Minimize the risk associated with manual data entry and reduce the time spent on recurring tasks.

Digital transaction management

Penneo lets users store and manage document-based transactions digitally in a secure and compliant way. Keep track of documents and agreements in a personal archive and see at a glance whether they're sent, opened, signed, or completed.

Digital signature

The vendor states its digital signatures meet the eIDAS requirements for advanced electronic signatures and are just as legally enforceable as pen and ink signatures. With Penneo, customers, partners, and employees can sign documents from anywhere and on any device with just one click.

Media

Screenshot of Custom flows based on predefined rules
Screenshot of Document status overview
Screenshot of Automatic reminders
Screenshot of Multi-signing (sign multiple documents at the same time)
Screenshot of Identity validation via eIDs
Screenshot of Automatic data deletion
Screenshot of Audit trail
Screenshot of Role-based access control
Screenshot of Custom emailing
Screenshot of Custom branding
Screenshot of Form templates
Screenshot of Client portals
Screenshot of KYC verification
Screenshot of Pre-populate forms

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Screenshot of Custom flows based on predefined rules

Penneo supports our vision to keep files electronic

Use Cases and Deployment Scope

Penneo is used primarily in our Human Ressource department. One of the main uses is signing contracts when hiring new employees. It is easy for both us as a company and the new employees as all contracts are electronic contracts, which can be downloaded, printed, and saved on your computer.

Pros

  • Easy to handle contracts
  • Unable for users to edit contracts, which ensure compliance for our legal team.
  • All files can be stored on your computer.

Cons

  • For Danish users, it would be nice if Penneo offered the ability to sign and verify using MitID.
  • For signees, it would be nice to have a feature to add comments for documents, not just personal but also for the client.
  • As company the software solution is really great. There is not much negative points to highlight.

Most Important Features

  • The most important feature is the compliance and use of NemID, which is crucial for us. NemID is simply required locally for us. MitID should be part of the service very soon to stay compliant.
  • Another advantage of Penneo is the reduction of process time. By using Penneo we are able to exchange sign-off on contracts within hours. Before this process could take days and weeks.
  • It's always important that we can trust the service and that no examples of fraud have occurred.

Return on Investment

  • As stated earlier Penneo has made a really positive impact on reducing our process time when signing contracts. Now we are able to complete a process with two or three sign-offs within a day. Before this process usually took a week.
  • We reduce a lot of physical storage by having all files electronically. Files are saved as PDFs and stored securely on a server. Earlier these were printed files stored in a physical folder.
  • As a large company we really want to reduce of environmental impact, and reducing a lot of physical prints is also a key measure for us. Penneo has had a positive impact on us in this regard.

Other Software Used

Cisco AnyConnect, Templafy, CloudApp