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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

Knowing that businesses have special business requirements, it is sensible that they avoid picking an all-encompassing, ”best” business application. Having said that, it is futile to try to pinpoint such an app even among recognizable software solutions. The better step to undertake should be to note down the varied essential factors which call for a analysis such as important features, costing, skill aptitude of staff members, company size, etc. The second step is, you should conduct the research exhaustively. Go over some Promena evaluations and scrutinize the other software options in your list in detail. Such all-encompassing product research can make sure you avoid poorly fit apps and select the one that includes all the function your company requires for optimal results.

Position of Promena in our main categories:

TOP 100

Promena is one of the top 100 Procurement Software products

If you are interested in Promena it could also be beneficial to analyze other subcategories of Procurement Software listed in our base of B2B software reviews.

There are well-liked and widely used systems in each software group. But are they essentially the best fit for your enterprise’s special wants? A market-leading software solution may have thousands of customers, but does it offer what you need? For this reason, do not blindly invest in popular systems. Read at least a few Promena Procurement Software reviews and mull over the elements that you wish to have in the software such as the cost, main functionality, available integrations etc. Then, choose a few systems that fit your needs. Try out the free trials of these products, read online reviews, get clarifications from the vendor, and do your investigation thoroughly. This exhaustive homework is certain to aid you find the most excellent software platform for your organization’s specific needs.

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 know that when you choose to buy a Procurement Software it’s vital not only to see how experts score it in their reviews, but also to find out whether the real users and enterprises that purchased it are actually satisfied with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Promena reviews across a wide range of social media sites. The information is then featured in an easy to understand form indicating how many customers had positive and negative experience with Promena. With that information available you will be ready to make an informed purchasing decision that you won’t regret.

Video

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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