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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

Since companies have special business wants, it is only rational that they steer clear of getting a one-size-fits-all, “perfect” business program. Nonetheless, it is futile to try to chance on such an app even among sought-after software systems. The better thing to do would be to jot down the numerous chief aspects that entail examination including crucial features, costing, skill levels of the users, organizational size, etc. After which, you must perform the product research thoroughly. Have a look at these Promena evaluations and explore the other solutions in your shortlist in detail. Such well-rounded research guarantee you weed out unfit applications and select the system that offers all the tools your company requires in growing the business.

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 may also be a good idea to analyze other subcategories of Procurement Software listed in our database of B2B software reviews.

Every company has different wants and needs an application that can be customized for their size, kind of employees and clients, and the particular industry they are in. For these reasons, no software can offer perfect tools out-of-the-box. When you try to find a software product, first be sure what you need it for. Read some Promena Procurement Software reviews and ask yourself do you need basic features or do you need advanced functionality? Are there any industry-specific functionalities that you are seeking? Obtain the answers to these questions to aid your search. There are multiple elements that you need to consider and these include your budget, particular business wants, your company size, integration needs etc. Take your time, check out a few free trials, and finally choose the system that presents all that you want to enhance your organization effectiveness and productivity.

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 get a Procurement Software it’s crucial not only to see how experts rank it in their reviews, but also to find out if the real clients and enterprises that use it are indeed satisfied with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and Promena reviews across a broad array of social media sites. The information is then featured in an easy to digest way showing how many customers had positive and negative experience with Promena. With that information available you will be ready to make an informed buying 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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