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

Business Value Created

Ease of IT Administration

Usability and Intuitiveness

Vendor Support

Quality of Features

Ease of Implementation

Ease of Customization

Ease of Data Integration

Availability and Quality of Training

Product Strategy and Rate of Improvement

Breadth of Features

Promena e-Procurement Reviews

ERGÜL T.

Role: Industry Specific Role
Industry: Agriculture
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Jan 2022

Useful, create efficiency in purchasing activities

Likeliness to Recommend

10 /10

What differentiates Promena e-Procurement from other similar products?

User friendly, reliable for both vendor and supplier, transparency

What is your favorite aspect of this product?

providing a transparent and reliable competitive environment for suppliers

What do you dislike most about this product?

Usega fee should be adjusted according to model used

What recommendations would you give to someone considering this product?

Increase efficiency in bargaining process, creating a transparent and reliable competitive environment for suppliers

Pros

Reliable
Performance Enhancing
Enables Productivity
Trustworthy

Nadir N.

Role: Operations
Industry: Insurance
Involvement: Vendor Management and Renewal

Validated Review

Verified Reviewer

Submitted Jan 2022

Fantastic product

Likeliness to Recommend

10 /10

What differentiates Promena e-Procurement from other similar products?

opening of competition indicators during the bidding

What is your favorite aspect of this product?

simple and user-friendly

What do you dislike most about this product?

the marketplace supplier category is out of date

What recommendations would you give to someone considering this product?

I recommend personnel integration, manual identification is very troublesome

Pros

Reliable
Performance Enhancing
Enables Productivity
Trustworthy

TUNCAY E.

Role: Sales Marketing
Industry: Transportation
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jan 2022

friendly to use

Likeliness to Recommend

9 /10

What differentiates Promena e-Procurement from other similar products?

product variety, sustainability, a constantly developing system

What is your favorite aspect of this product?

providing cost advantage and transparency

What do you dislike most about this product?

............................

What recommendations would you give to someone considering this product?

if you want to down your costs, you should use this system.

Pros

Reliable
Performance Enhancing
Enables Productivity
Trustworthy

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

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

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.

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.

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.

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.

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.

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.

Promena e-Procurement Reviews

ERGÜL T.

Useful, create efficiency in purchasing activities

Likeliness to Recommend

Pros

Nadir N.

Fantastic product

Likeliness to Recommend

Pros

TUNCAY E.

friendly to use

Likeliness to Recommend

Pros

Most Popular Promena e-Procurement Comparisons

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SAP Ariba

Ivalua

GEP SMART

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

Business Value Created

Ease of IT Administration

Usability and Intuitiveness

Vendor Support

Quality of Features

Ease of Implementation

Ease of Customization

Ease of Data Integration

Availability and Quality of Training

Product Strategy and Rate of Improvement

Breadth of Features