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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.

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.

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 their own business requirements, it is only sensible they abstain from seeking a one-size-fits-all, ideal business application. Nonetheless, it would be hard to try to come across such a software solution even among sought-after software solutions.
The correct step to do would be to set down the several important factors which need careful thought including major features, costing, skill ability of the employees, organizational size, etc. Then, you should conduct the research through and through. Go over some Promena evaluations and explore each of the solutions in your list more closely. Such all-encompassing research ensure you keep away from ill-fitting software solutions and buy the system which provides all the aspects you require 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 may also be sensible to analyze other subcategories of Procurement Software gathered in our base of B2B software reviews.

There are popular and widely used systems in each software category. But are they essentially the best fit for your organization’s special requirements? A market-leading software product may have thousands of users, but does it provide 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 elements that you desire in the software such as the cost, main tools, available integrations etc. Then, shortlist a few apps that fit your requirements. Check out the free trials of these platforms, read online comments, get explanations from the seller, and do your research systematically. This in-depth homework is sure to aid you choose the most excellent software platform for your organization’s specific wants.

How Much Does Promena Cost?

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 make a decision to buy Procurement Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Promena reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Promena. With that information at hand you should be equipped to make an informed buying decision 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

Popular Promena Alternatives

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Promena Comparisons

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.

What integrations are available for Promena?

No information available.

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Reviewed By Louie Andre
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