Pennylane key facts
Last updated- Legal entity
- Pennylane SAS
- Headquarters
- France (FR)
- Ownership
- Independent
- Data hosting
- EU (any EU region)
- Infrastructure
- AWS (Amazon Web Services)
- Deployment
- SaaS
- Open source
- No
- US Cloud Act exposure
- Exposed
- Certifications
- ISO 27001
- Replaces
- QuickBooks, Xero, Sage Business Cloud Accounting, FreshBooks
About Pennylane
Pennylane is a comprehensive financial management and accounting platform headquartered in Paris, France. It serves as a unified interface for business owners to manage their finances and for accountants to perform bookkeeping and tax filings in real-time. The platform centralizes financial data, allowing for automated accounting workflows and collaborative management between companies and their accounting partners. Data is primarily hosted within the European Union (AWS Ireland), with specific French-hosted options for certain certified services.
Alternative to
Target Segments
SMBEnterprise
Deployment Options
SaaS
Hosting & Security
Infrastructure
AWS (Amazon Web Services)
Certifications
ISO 27001
Key Features
Financial management
Accounting automation
Data encryption at rest and in transit
Collaborative accountant portal