Overview
Promena is a cloud-based procurement tool that supports e-sourcing, contract management, and supplier evaluation. The initial setup can be time-consuming for teams unfamiliar with digital procurement; however, once configured, Promena improves purchasing efficiency, enforces compliance, and offers greater visibility into supplier performance.
Overall Rating
Based on 5 users reviews
4.8
Rating Distribution
Positive
100%
Neutral
0%
Negative
0%
Starting Price
Custom
Promena Specifications
Procurement Management
Supplier Relationship Management
Collaboration Tools
Compliance Management
What Is Promena?
Promena software is a cloud-based procurement platform designed for mid-sized to enterprise-level organizations across various industries, including manufacturing and retail. It caters to procurement and supply chain teams seeking a centralized solution to digitize sourcing, supplier collaboration, contracts, and spend oversight. By integrating with ERP systems, Promena addresses key pain points, including fragmented purchasing, a lack of transparency, and inefficient supplier communication. Recognized in strategic sourcing awards and praised for strong user satisfaction, the platform delivers real-time procurement intelligence.
Promena Pricing
You can also obtain a tailor-made price estimate specific to your requirements.
Disclaimer: The price is sourced from third-party websites and is subject to change.
Promena Integrations
Promena integrates with various third-party platforms, but the official website doesn’t specify the names.
Who Is Promena For?
Built with flexibility in mind, Promena scales effectively for medium and large-sized businesses and serves various industries, such as:
- Automotive
- Logistics
- Construction
- Manufacturing
- Telecommunications
- Technology
- Retail
Is Promena Right For You?
Promena is a strong choice for businesses seeking better control over procurement. It improves cost efficiency, increases transparency, strengthens supplier relationships, and streamlines the decision-making process. Its cloud-based setup enables scalability and remote access, while integration capabilities facilitate seamless alignment with existing workflows and enterprise systems.
Still not sure about Promena? Contact our support team at (661) 384-7070 for personalized guidance.
Promena Features
Promena centralizes budgeting, tendering, negotiation, contracts, and payments in a unified dashboard. It tracks procurement data, analyzes spending in real-time, and generates reports to guide strategic decisions. The feature enables organizations to control costs and align their purchasing activities with financial goals.
The platform streamlines RFIs, RFQs, and e-auctions, English, Dutch, and Japanese styles, via modern interfaces. Users can standardize supplier communications, manage bid evaluations, and view process logs to streamline their operations. It ensures fairness, auditability, and efficient competitive sourcing events.
The software enables rapid collection of multiple supplier quotes under predefined standards. It automates negotiation rounds, filters unqualified proposals, and consolidates responses in a single activity. Promena reduces cycle time and improves decision-making with minimal manual effort.
Promena digitizes procurement, from requisitions and budgeted approvals to purchase orders and catalogs, in one interface. It supports both catalog-based and free-form requests, enforcing budget controls and streamlining order processing for procurement teams and suppliers alike.
With its supplier module, Promena handles onboarding, master data, document management, performance tracking, and classification. Organizations can assess supplier risk, assign tasks, and collaborate directly with suppliers within the platform for better oversight and relationship management.