Promena e-Sourcing Overview

What is Promena e-Sourcing?

Promena is an e-auction, e-procurement and e-sourcing solution designed to provide corporate enterprises with an efficient and effective platform from which to manage purchasing activities and supplier relationships. As a web-based strategic sourcing solution, Promena aims to offer users a configurable, global and integrated system with which to enhance productivity and transparency within an enterprise supply chain.

Users can manage and navigate all auction, procurement and sourcing tasks easily from the main dashboard. From here, users can create shortcuts, review recent tasks and access their calendar. Users can also create and manage event lists as well as track all transactions of buyers and suppliers. Moreover, with Promena, users can create online reverse and forward auctions, add suppliers to receive bids and collect updated information about suppliers using the Promena SRM tool. The Promena Supplier Relationship Management (SRM) tool also assists users with risk management by enabling users to determine risks in the supply chain.

Besides e-auction and SRM, users can maintain all procurement processes online such as managing purchase requisitions, Request for Quotations, Purchase Orders, approvals and delivery stages. To further streamline procurement management processes, Promena supports integration with any in-house Enterprise Resource Planning (ERP) processes. Moreover, Promena includes reporting and analysis tools which allow users to generate detailed analyses of purchasing activities. With Promena’s spend analysis capabilities, users can gain valuable and actionable insight to help inform and develop future strategies.

Promena e-Sourcing Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

Promena e-Sourcing Features

Devices
Business size
S M L
Markets
United States, Canada, United Kingdom, Australia, China and 5 others, India, Japan, Germany, Brazil, Mexico
Supported Languages
Arabic, Chinese (Traditional), English, French, German and 4 others, Portuguese, Russian, Spanish, Turkish

Media

Review and access recent activities and a calendar from the main Promena dashboard
Manage event lists and track the status of bids
Upload and save event information
Review bidding statistics
Create supplier profiles
Organize company information
Enter and track status of bids
Promena e-Sourcing video Promena e-Sourcing screenshot: Review and access recent activities and a calendar from the main Promena dashboard Promena e-Sourcing screenshot: Manage event lists and track the status of bids Promena e-Sourcing screenshot: Upload and save event information Promena e-Sourcing screenshot: Review bidding statistics Promena e-Sourcing screenshot: Create supplier profiles Promena e-Sourcing screenshot: Organize company information Promena e-Sourcing screenshot: Enter and track status of bids

Promena e-Sourcing Reviews

Promena e-Sourcing Reviews

Overall rating
5
/
5
Excellent
19

Very good
0

Average
0

Poor
0

Terrible
0

Value for Money
4,9
Features
4,9
Ease of Use
4,8
Customer Support
4,9
100% recommended this app
Robert W.

Best software for all the e-sourcing needs and solutions

We are able to buy our assets and desired products more easily and at the same time dispose the unfit ones much easier


Sakir A.

A long term collaboration

We at Aygaz have been managing our purchasing activities electronically for 15 years.
All steps, from purchase request to opening an order, from the invoice receipt to the stock follow-up, each and every step is carried out using the 3rd version of the procurement system.
We have been working with Promena since 2004. At a time when all systems are becoming more and more electronically operated, Promena has undertaken the very important mission to provide a serious, fair, trustworthy and transparent procurement system. This was a particularly critical undertaking to ensure that price structures were maintained in an ethical working environment under and impartial organization as much as possible.
The system has changed over time and has been able to add important purchasing modules such as the Purchase Specification Information Infrastructure (RFI) and the Bid Collection (RFQ) modules while keeping up to date with its own dynamics.
I can safely say that other corporations like ours who had to put all of these steps into practice have had an equally enjoyable experience managing supplier relationships through a single portal. For this reason, we have continued our relatively intense working relationship with Promena team for the past 2 years. We are excited to bring our solution partnership into 2017 with the development of the voluntary pilot of its supplier portal infrastructure.
We offer our sincerest gratitude for the discipline, sincerity and self-sacrifices we have seen from our friends at Promena, who have supported and cared to the utmost degree about all of our work together.


Caglar B.

Thanks to the cooperation we established with Promena

Thanks to the cooperation we established with Promena 4 years ago in 2012, we have been able to manage our procurement processes more transparently and efficiently. We use a wide range of electronic platforms, from service transport services to line purchasing roll outs. With Promena, we are able to save a lot of time by combining our Brazilian, American, German, Indian, Russian, South Korean and Chinese suppliers portfolios at the same time. The ease with which we can trace and produce reports on the system are other factors that have led to us successfully managing our business.

We thank the Promena team for the dedication, support, contributions and cooperation that they have shown us.


Orhan C.

Reliable, fast and efficient procurement management

The ability to manage and process the digital transformations of the modern era becomes more important each and every day. In addition to the time and cost savings that Promena has provided us by providing procurement processes using information technology, they also provide reliable, fast and efficient procurement management through demand-oriented solutions from start to finish to fulfill all our needs. Promena team has been with us from the beginning to the end of the process and has played an important role in how we have managed all of our processes.

With the e-procurement module provided by Promena, we have gained significant advantages in terms of cost, along with increasing competition with suppliers by providing a direct and supportive line to increase the profitability of our company.

By providing a process that allows quick and easy access to its reports, the portal offers and easy-to-use application that gives the opportunity to understand each phase of the processes you are in, what sort of solutions might be available, a data analysis of the results of your actions, how your desire results might be accomplished and data and analysis of ever step you have taken.

Just as important as the time and cost savings you gain when you use Promena procurement processes is the fairness and transparency provided in relationships with suppliers. Promena allows for the establishment of healthy and sustainable supplier relationships by creating an environment of trust, and I believe its new RFQ application module will be similarly influential and useful.


Altan A.

Promena helps us conveniently accomplish our goals

Promena is not just our e-procurement platform, but also our consultant for E-tendering procedures and projects. Promena and its staff of experts make process-oriented strategic decisions and provide direct support to helps us conveniently accomplish our goals. Promena's experience and knowledge separates it from other players in the industry, and the results we received from our tenders bears this out. Moreover, E-tenders with Promena reinforced its corporate image in the eyes of our suppliers while providing complete transparency throughout the procurement process. We are pleased with our cooperation with Promena and the results we've received.


Robert W.

Best software for all the e-sourcing needs and solutions

Used Weekly for 1+ year
Reviewed on 2018/06/08
Review Source: Capterra

We are able to buy our assets and desired products more easily and at the same time dispose the unfit ones much easier

Pros

There is free demo of the software that expounds more on the features of the product
It is available in various language options that fit to all the users

Cons

With all the features being conducted online, in areas that have slow internet connection using the software can be a problem

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 8.0/10

Sakir A.
Industry: Oil & Energy
Company size: 1 001-5 000 Employees

A long term collaboration

Used Weekly for 2+ years
Reviewed on 2017/02/10
Review Source: Capterra

We at Aygaz have been managing our purchasing activities electronically for 15 years.
All steps, from purchase request to opening an order, from the invoice receipt to the stock follow-up, each and every step is carried out using the 3rd version of the procurement system.
We have been working with Promena since 2004. At a time when all systems are becoming more and more electronically operated, Promena has undertaken the very important mission to provide a serious, fair, trustworthy and transparent procurement system. This was a particularly critical undertaking to ensure that price structures were maintained in an ethical working environment under and impartial organization as much as possible.
The system has changed over time and has been able to add important purchasing modules such as the Purchase Specification Information Infrastructure (RFI) and the Bid Collection (RFQ) modules while keeping up to date with its own dynamics.
I can safely say that other corporations like ours who had to put all of these steps into practice have had an equally enjoyable experience managing supplier relationships through a single portal. For this reason, we have continued our relatively intense working relationship with Promena team for the past 2 years. We are excited to bring our solution partnership into 2017 with the development of the voluntary pilot of its supplier portal infrastructure.
We offer our sincerest gratitude for the discipline, sincerity and self-sacrifices we have seen from our friends at Promena, who have supported and cared to the utmost degree about all of our work together.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Caglar B.
Industry: Mining & Metals
Company size: 501-1 000 Employees

Thanks to the cooperation we established with Promena

Used Daily for 2+ years
Reviewed on 2016/11/07
Review Source: Capterra

Thanks to the cooperation we established with Promena 4 years ago in 2012, we have been able to manage our procurement processes more transparently and efficiently. We use a wide range of electronic platforms, from service transport services to line purchasing roll outs. With Promena, we are able to save a lot of time by combining our Brazilian, American, German, Indian, Russian, South Korean and Chinese suppliers portfolios at the same time. The ease with which we can trace and produce reports on the system are other factors that have led to us successfully managing our business.

We thank the Promena team for the dedication, support, contributions and cooperation that they have shown us.

Response from Promena e-Sourcing Solutions

Dear Mr.Basoglu, thank you very much for your comment.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Orhan C.
Industry: Mining & Metals
Company size: 201-500 Employees

Reliable, fast and efficient procurement management

Used Daily for 1-5 months
Reviewed on 2016/11/25
Review Source: SoftwareAdvice

The ability to manage and process the digital transformations of the modern era becomes more important each and every day. In addition to the time and cost savings that Promena has provided us by providing procurement processes using information technology, they also provide reliable, fast and efficient procurement management through demand-oriented solutions from start to finish to fulfill all our needs. Promena team has been with us from the beginning to the end of the process and has played an important role in how we have managed all of our processes.

With the e-procurement module provided by Promena, we have gained significant advantages in terms of cost, along with increasing competition with suppliers by providing a direct and supportive line to increase the profitability of our company.

By providing a process that allows quick and easy access to its reports, the portal offers and easy-to-use application that gives the opportunity to understand each phase of the processes you are in, what sort of solutions might be available, a data analysis of the results of your actions, how your desire results might be accomplished and data and analysis of ever step you have taken.

Just as important as the time and cost savings you gain when you use Promena procurement processes is the fairness and transparency provided in relationships with suppliers. Promena allows for the establishment of healthy and sustainable supplier relationships by creating an environment of trust, and I believe its new RFQ application module will be similarly influential and useful.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Altan A.
Industry: Food Production
Company size: 1 001-5 000 Employees

Promena helps us conveniently accomplish our goals

Used Weekly for 2+ years
Reviewed on 2016/12/13
Review Source: Capterra

Promena is not just our e-procurement platform, but also our consultant for E-tendering procedures and projects. Promena and its staff of experts make process-oriented strategic decisions and provide direct support to helps us conveniently accomplish our goals. Promena's experience and knowledge separates it from other players in the industry, and the results we received from our tenders bears this out. Moreover, E-tenders with Promena reinforced its corporate image in the eyes of our suppliers while providing complete transparency throughout the procurement process. We are pleased with our cooperation with Promena and the results we've received.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

User recommendation
9,9/10
Based on 19 user ratings
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Promena e-Sourcing Pricing

Promena e-Sourcing Pricing

Starting from
N/A
Free Trial
Subscription
Value for money
Value for Money
4,9/5
Based on 19 user ratings
Compare value for money rating with alternatives
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Promena e-Sourcing Features

Promena e-Sourcing Features

API
Activity Dashboard
Activity Tracking
Audit Trail
Auditing
Automatic Notifications
Billing & Invoicing
Compliance Management
Customizable Reporting
Data Import/Export
Document Management
Document Storage
Inventory Management
Inventory Tracking
Monitoring
Real Time Data
Real Time Reporting
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4,9/5
Based on 19 user ratings
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Categories

Additional information for Promena e-Sourcing

Additional information for Promena e-Sourcing

Key features of Promena e-Sourcing

  • Activity dashboard
  • Approvals
  • Auction event management
  • Calendar
  • Catalog management
  • Customizable approvals
  • ERP integration
  • Expense management
  • Financial analysis
  • Order approval
  • Order processing
  • Order tracking
  • Procurement management
  • Progress reports
  • Purchase order management
  • Purchase orders
  • Purchasing management
  • Quotation management
  • Reporting & statistics
  • Requisitions
  • Rfx management
  • Risk assessment
  • Sourcing management
  • Spend analysis
  • Spend management
  • Status reporting
  • Status tracking
  • Strategic planning
  • Summary reports
  • Supplier management
  • Time / task reporting

Benefits

  • Users can navigate all tasks from the Promena dashboard, allowing them to create event lists and review purchase transactions easily.

  • Promena incorporates reporting and analysis tools, offering users valuable insight into their purchasing activities.

  • Promena uses cloud computing technology, providing users with a flexible and customizable platform from which to manage auction events.

  • Promena incorporates SRM tools, enabling users to update supplier information and identify risks in their supply chain quickly.

  • Promena supports integration with any in-house ERP processes, ensuring efficient and effective online management of procurement processes.

  • Promena e-Sourcing FAQs

    Promena e-Sourcing FAQs

    Below are some frequently asked questions for Promena e-Sourcing.

    Q. What type of pricing plans does Promena e-Sourcing offer?

    Promena e-Sourcing offers the following pricing plans:

    Pricing model: Subscription

    Free Trial: Available

    Q. What are the main features of Promena e-Sourcing?

    Promena e-Sourcing offers the following features:

    • Activity dashboard
    • Approvals
    • Auction event management
    • Calendar
    • Catalog management
    • Customizable approvals
    • ERP integration
    • Expense management
    • Financial analysis
    • Order approval
    • Order processing
    • Order tracking
    • Procurement management
    • Progress reports
    • Purchase order management
    • Purchase orders
    • Purchasing management
    • Quotation management
    • Reporting & statistics
    • Requisitions
    • Rfx management
    • Risk assessment
    • Sourcing management
    • Spend analysis
    • Spend management
    • Status reporting
    • Status tracking
    • Strategic planning
    • Summary reports
    • Supplier management
    • Time / task reporting

    Q. Who are the typical users of Promena e-Sourcing?

    Promena e-Sourcing has the following typical customers:

    Small Business, Large Enterprises, Mid Size Business

    Q. What languages does Promena e-Sourcing support?

    Promena e-Sourcing supports the following languages:

    Arabic, Chinese (Traditional), English, French, German, Portuguese, Russian, Spanish, Turkish

    Q. What type of pricing plans does Promena e-Sourcing offer?

    Promena e-Sourcing has the following pricing plans:

    Subscription

    Q. Does Promena e-Sourcing support mobile devices?

    We do not have any information about what devices Promena e-Sourcing supports

    Q. What other apps does Promena e-Sourcing integrate with?

    We do not have any information about what integrations Promena e-Sourcing has

    Q. What level of support does Promena e-Sourcing offer?

    Promena e-Sourcing offers the following support options:

    Phone Support, Online Support, FAQs, Knowledge Base