Promena

Promena e-Procurement

8.2 /10

22 Reviews Write a Review

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What is Promena e-Procurement?

Promena provides its customers with the highest level of efficiency, control, time and labor savings in purchasing processes with its 4 main modules. E-Sourcing module helps customers to create RFx/e-Auction events. Customers can identify, select and collaborate with leading vendors. E-Procurement module helps businesses to manage the Catalog, Budget, Requisition and Purchase requisition-to-purchase process. With SxM module, customers can have a single database of their suppliers for their entire organization and the procurement processes. With the spend analysis module, customers can easily slice and dice all of the data running through the platform.

Company Details

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Awards & Recognition

Promena e-Procurement won the following awards in the Strategic Sourcing category

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2024 Data Quadrant Gold Medalist

Latest Award, 2024

11 Top Rated Capabilities

9 Top Rated Features

Latest Award, 2024

2023 Emotional Footprint Champion

2023

Strategy and Innovation
Service Experience
Product Impact
Contract Negotiation
Conflict Resolution

2023

2023 Data Quadrant Gold Medalist

2023

10 Top Rated Capabilities

10 Top Rated Features

2023

Promena e-Procurement Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Promena e-Procurement.

90 Likeliness to Recommend

100 Plan to Renew

85 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+98 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Promena e-Procurement?

0% Negative

0% Neutral

100% Positive

Pros

Helps Innovate
Continually Improving Product
Performance Enhancing
Enables Productivity

Feature Ratings

Average 83

eAuction Functionality

ERFx

Community Support

Consulting & Advisory

Spend Analysis

Auction Management

Supplier Management

Procurement Management

Communications

Catalog Management

Workflow Management

Vendor Capability Ratings

Average 83

Availability and Quality of Training

100

Breadth of Features

100

Business Value Created

100

Ease of Customization

100

Ease of Data Integration

100

Ease of IT Administration

100

Product Strategy and Rate of Improvement

100

Quality of Features

100

Usability and Intuitiveness

100

Vendor Support

100

Ease of Implementation

Promena e-Procurement Reviews

Fariz F.

Role: Sales Marketing
Industry: Electronics
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Jan 2023

Fantastic product which is easy to use

Likeliness to Recommend

8 /10

What differentiates Promena e-Procurement from other similar products?

Promena is an easy to use, intuitive and global product in Procurement Software marker which is not that deep. Thus, it is always among the first choices

What is your favorite aspect of this product?

As I mentioned before, its intuitiveness and accessibility make it stand out and are my favorite features

What do you dislike most about this product?

During my time of interaction with this software I haven't pointed out any aspects to dislike

What recommendations would you give to someone considering this product?

Definitely worth to give it a go, great product to enhance efficiency and effectiveness of procurement of your company

Pros

Helps Innovate
Performance Enhancing
Enables Productivity
Unique Features

Faiq M.

Role: Vendor Management
Industry: Entertainment
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jan 2023

Fantastic software with great features

Likeliness to Recommend

9 /10

What differentiates Promena e-Procurement from other similar products?

Very use to use, simple and intuitive

What is your favorite aspect of this product?

Great quality of features

What do you dislike most about this product?

Actually, nothing to dislike about

What recommendations would you give to someone considering this product?

Definitely a worthy purchase

Pros

Helps Innovate
Continually Improving Product
Performance Enhancing
Enables Productivity

Hilsol M.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jan 2023

Consolidated Approach for Business Diversity

Likeliness to Recommend

8 /10

What differentiates Promena e-Procurement from other similar products?

Promena Strategic has an excellent consulting and advisory stream for business continuity.

What is your favorite aspect of this product?

Promena Strategic delivers suitable community support, which is an authentic aspect for giving back to the society

What do you dislike most about this product?

Promena Strategic is manageable in creating proper advisory support.

What recommendations would you give to someone considering this product?

Promena Strategic is highly informative and manageable, hence, recommendable.

Pros

Helps Innovate
Continually Improving Product
Enables Productivity
Caring

Promena e-Procurement

What is Promena e-Procurement?

Company Details

Need Assistance?

Awards & Recognition

2024 Data Quadrant Gold Medalist

2023 Emotional Footprint Champion

2023 Data Quadrant Gold Medalist

Promena e-Procurement Ratings

90 Likeliness to Recommend

100 Plan to Renew

85 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+98 Net Emotional Footprint

How much do users love Promena e-Procurement?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

eAuction Functionality The ability to provide forward, reverse, Japanese, Dutch, and English step auctions.

ERFx Evaluation and scoring of supplier responses.

Community Support Highly personal support service to both buyer and supplier communities, ensuring proposal uptake and supplier help.

Consulting & Advisory Consult and advise on procurement support, managed services, group purchasing organization (GPO) and strategic sourcing initiatives such as measurable savings.

Spend Analysis Includes data visibility and quality, supplier ranking, and compliance and reporting.

Auction Management Includes bid management, bidder management and buyer notifications.

Supplier Management Supplier collaboration, including Quarterly Business Review Meetings, Scorecards, KPI and SLAs.

Procurement Management Includes purchasing and procurement management, as well as supplier management and optimization.

Communications Includes communication portals or secure messaging or automated alerts.

Catalog Management Includes customizable shipping and payment options, product pricing, advanced catalog search, and navigation.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Promena e-Procurement Reviews

Fariz F.

Fantastic product which is easy to use

Likeliness to Recommend

Pros

Faiq M.

Fantastic software with great features

Likeliness to Recommend

Pros

Hilsol M.

Consolidated Approach for Business Diversity

Likeliness to Recommend

Pros

Most Popular Promena e-Procurement Comparisons

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Oracle Sourcing

Feature Ratings

eAuction Functionality

ERFx

Community Support

Consulting & Advisory

Spend Analysis

Auction Management

Supplier Management

Procurement Management

Communications

Catalog Management

Workflow Management

Vendor Capability Ratings

Availability and Quality of Training

Breadth of Features

Business Value Created

Ease of Customization

Ease of Data Integration

Ease of IT Administration

Product Strategy and Rate of Improvement

Quality of Features

Usability and Intuitiveness

Vendor Support

Ease of Implementation