Penneo

Penneo is a Danish software-as-a-service (SaaS) company that offers an electronic signature solution designed to streamline business processes, particularly for accounting firms. By enabling companies to procure legally binding signatures on documents, Penneo enhances efficiency while reducing operational costs and ensuring compliance. Users can upload documents for signature and invite stakeholders to sign. Once approved, Penneo applies a legally binding signature through an electronic identification system, such as Nem-ID in Denmark, and provides both parties with a signed PDF copy. The company's revenue primarily comes from its subscription services, alongside signature packages and one-time fees, allowing firms to alleviate manual tasks in financial reporting and focus more on value-added activities.