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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 unique business requirements, it is only sensible they steer clear of adopting an all-encompassing, ”best” business application. Be that as it may, it is almost impossible to discover such an app even among branded software products. The better thing to do should be to tabulate the several key factors which require analysis including major features, costing, skill aptitude of the employees, company size, etc. After which, you must double down on your research fully. Browse over some of these Promena review articles and check out the other software products in your shortlist in detail. Such comprehensive research ascertain you stay away from unsuitable software products and buy the one that includes all the features your company requires.

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 sensible to analyze other subcategories of Procurement Software gathered in our database of SaaS software reviews.

There are popular and widely used applications in each software group. But are they automatically the best fit for your enterprise’s specific needs? A market-leading software product may have thousands of users, but does it present what you need? For this reason, do not blindly invest in popular systems. Read at least a few Promena Procurement Software reviews and consider the aspects that you desire in the software such as the fees, main features, available integrations etc. Then, choose a few apps that fit your needs. Check out the free trials of these platforms, read online opinions, get explanations from the maker, and do your homework thoroughly. This profound homework is certain to aid you find the finest software application for your company’s specific wants.

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 vital not only to learn how experts score it in their reviews, but also to discover whether the actual users and businesses that purchased it are indeed satisfied with the service. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Promena reviews across a vast range of social media sites. The information is then presented in a simple to understand way indicating how many people had positive and negative experience with Promena. With that information at your disposal you will be equipped to make an informed business 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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