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Promena Review

Promena
Our score: 7.3 User satisfaction: 98%

What is Promena?

Promena is a web-based platform for procurement and sourcing purposes offering an e-auction, e-sourcing, and e-procurement solutions. Businesses operating in different sectors of the industry can use this software to manage their suppliers, the procurement activities, and operations, financial aspects such as purchase and work orders and lastly, the relationships with the vendors.

Its products also support the management of request for proposals or quotations, tenders, and related approvals along with the contracts and agreements in a seamless and integrated system to manage workflows in the supply chain facility of an enterprise. To further enhance the efficiency with which resources are managed, Promena’s products can be integrated with the Enterprise Resource Planning (ERP) processes.

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Overview of Promena Benefits

Businesses that deal with the supply chain facility would find Promena sourcing and procurement solutions as a method to streamline the planning, executing and evaluating resource utilization. Strategically, Promena offers integrated and configurable interface that introduces transparency in the supply chain processes, as well as the way resources, are allocated and how well they are performing in achieving the desired productivity levels.

In large enterprises, managing multiple suppliers become a headache as it involves loads of data keeping tasks and requires micromanagement when it comes to maintaining the relationships with the suppliers. Promena’s solutions are devised to ease the burden of the enterprise by offering a flexible and easy to implement the solution, providing extensive tools that not only record the data but also helps analyze the data and the performance for making further decisions.

Furthermore, enterprises can use the e-sourcing solution to identify, assess and mitigate the risks that are associated with the procurement activities.  With risk assessment, resources can be reallocated and preventive actions can be taken to align the performance of resources as well as the suppliers with the overall performance goals. This is also a way to monitor relationships with the suppliers.

Promena solutions of e-Sourcing, e-Procurement, e-Tender, e-Auction can be integrated into the ERP and SRM systems that already are being used by the enterprises. These solutions can be incorporated seamlessly into the support provided by the Promena’s technical staff.

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Overview of Promena Features

  • Rfx management
  • Sourcing management
  • Catalog management
  • Spend management
  • Expense management
  • Auction event management
  • ERP integration
  • Purchasing management
  • Activity dashboard
  • Purchase order management
  • Procurement management
  • Quotation management
  • Customizable approvals
  • Supplier management
  • Supply chain planning
  • Action management
  • Status reporting
  • Time/task reporting
  • Summary reports
  • Progress reports
  • Risk assessment
  • Order processing
  • Business analysis

Promena Position In Our Categories

Because companies have distinctive business-related wants, it is only wise they steer clear of preferring an all-in-one, ideal business program. Nevertheless, it is nearly futile to try to discover such application even among well-known software systems. The right thing to undertake would be to spell out the numerous essential functions that entail deliberation including major features, costing, technical skill levels of staff members, company size, etc. Next, you must do your product research fully. Have a look at some Promena evaluations and scrutinize each of the software products in your list in detail. Such well-rounded product research guarantees you take out mismatched apps and pay for the one which offers all the benefits your company requires in sustaining growth.

Position of Promena in our main categories:

TOP 100

Promena is one of the top 100 Procurement Software products

If you are considering Promena it could also be a good idea to check out other subcategories of Procurement Software listed in our database of B2B software reviews.

It's essential to keep in mind that almost no app in the Procurement Software category is a perfect solution able to meet all the needs of different business types, sizes and industries. It may be a good idea to read a few Promena Procurement Software reviews first as certain software may excel exclusively in a really narrow set of applications or be created with a very specific type of industry in mind. Others may function with an intention of being easy and intuitive and consequently lack advanced features welcomed by more experienced users. You can also find software that focus on a wide group of users and provide a complex feature toolbox, however that frequently comes at a more expensive price of such a service. Make sure you're aware of your requirements so that you buy a software that has specifically the functionalities you search for.

How Much Does Promena Cost?

Promena Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

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What are Promena pricing details?

Promena Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Promena’s SMB and enterprise pricing information is available only upon request. Contact the company for more details, and ask for your quote.

User Satisfaction

Positive Social Media Mentions 101
Negative Social Media Mentions 2

We realize that when you choose to buy a Procurement Software it’s crucial not only to learn how professionals score it in their reviews, but also to discover whether the real users and companies that use this software are actually satisfied with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Promena reviews across a vast array of social media sites. The data is then displayed in an easy to digest format indicating how many customers had positive and negative experience with Promena. With that information available you should be prepared to make an informed purchasing choice that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Linux
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English
  • Turkish

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Promena?

No information available.

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Louie Andre

By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

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