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Promena

Overview
Reviews

Promena 2026: Benefits, Features & Pricing

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On this page
  • Overview
  • Pricing and Plans
  • Features
  • Integrations
  • User Reviews

Overview

Promena
Promena
5.0
(24)

Pricing

Starting at $5,000.00 per year

About Promena

Promena e-Sourcing is a cloud-based auction management, sourcing and procurement platform. It supports strategic solutions, such as request for information (RFI), request for proposal (RFP), request for quotation (RFQ) and e-auction services.

Promena e-Sourcing allows users to push purchasing activities to the cloud. Its e-Auction and e-Tender modules create a transparent purchasing environment for users and prospective clients.

Promena’s e-Procurement module maintains all procurement processes in a centralized location. This helps users manage purchase orders, quotations and requisitions, as well as track delivery stages on a platform that integrates with most in-house enterprise resource planning (ERP) systems.

Users can purchase Promena e-Sourcing either on a tiered monthly basis or as an on-demand service with a fee per project. Consultancy, operational support and onboarding services are available to users.

Promena Screenshots

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Promena Pricing and Plans

Starting price: $5,000.00 per year
Free Trial
Free Version

Basic

$5,000.00

per year

No plan information available

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    Promena Features

    • Popular features found in Auction
      Absentee Bidding
      Alerts/Notifications
      Billing & Invoicing
      Buy Now Option
      Event Management
      Inventory Management
      Live Auction
      Payment Processing
      Proxy Bidding
      Silent Auction
      Watch List
    • More features of Promena
      Access Controls/Permissions
      Accounting Integration
      Activity Dashboard
      Activity Tracking
      Approval Process Control
      Assessment Management
      Attendance Management
      Auction Management
      Audit Trail
      Bid Management
      Budget Control
      Budgeting/Forecasting
      Budget Management
      Catalog Management
      Collaboration Tools
      Compliance Management
      Configurable Workflow
      Contract/License Management
      Customizable Branding
      Customizable Templates
      Data Import/Export
      Document Management
      Document Storage
      Email Management
      Environmental Metrics
      ERP integration
      Event Scheduling
      Event Tracking
      Expense Tracking
      Fixed Asset Management
      KPI Monitoring
      Membership Management
      Multi-Currency
      Multi-Location
      Offboarding
      Onboarding
      Online Auction
      Online Bidding
      Order Management
      Order Tracking
      Performance Management
      Performance Metrics
      Policy Management
      Procurement Management
      Progress Tracking
      Project Management
      Purchase Order Management
      Purchasing & Receiving
      Purchasing Reports
      Quotes/Estimates
      Real-Time Data
      Real-Time Monitoring
      Real-Time Notifications
      Real-Time Reporting
      Real-Time Updates
      Receiving
      Registration Management
      Reporting/Analytics
      Reporting & Statistics
      Requisition Management
      Reverse Bidding
      RFP Creation
      Rfx Management
      Risk Assessment
      Risk Management
      Scenario Planning
      Scoring
      Search/Filter
      Self Service Portal
      Sourcing Management
      Spend Control
      Spend Management
      Status Tracking
      Supplier Management
      Supplier Qualification
      Supplier Risk Management
      Supplier Web Portal
      Survey/Poll Management
      Sustainability Management
      Task Management
      Template Management
      Third-Party Integrations
      Transaction History
      User Management
      Vendor Management
      Vendor Master Data Management
      Workflow Management

    Promena Integrations

    Whatagraph
    Whatagraph

    Promena User Reviews

    Overall Rating

    5.0

    Ratings Breakdown

    5

    96%

    4

    4%

    3

    0%

    2

    0%

    1

    0%

    Secondary Ratings

    Ease of Use

    4.8

    Value for money

    4.9

    Customer support

    4.9

    Functionality

    4.8

    Robert's profile

    Robert W.

    Verified reviewer

    Used weekly for less than 2 years

    Review source

    Reviewed June 2018

    Best software for all the e-sourcing needs and solutions

    5

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

    Ratings Breakdown

    4
    Ease of use
    4
    Value for money
    4
    Customer support
    4
    Functionality
    icon
    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

    Read More

    VR

    Verified
    Reviewer

    Telecommunications

    1001-5000 employees

    Used daily for less than 12 months

    Review source

    Reviewed December 2022

    Great tool for eSourcing

    5

    Highly satisfied, easy to use and intuitive with great variety of features

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    4
    Functionality
    icon
    Pros:
    Tendering, document management, vendor management and bidding process are real upsides of the product
    Cons:
    Actually, no downsides were noted by me when using this product

    Read More

    SA

    Sakir A.

    Oil & Energy

    1001-5000 employees

    Used weekly for more than 2 years

    Review source

    Reviewed February 2017

    A long term collaboration

    5

    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.

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality

    Read More

    ÖŞ

    Özen Ş.

    Verified reviewer

    Oil & Energy

    1001-5000 employees

    Used daily for more than 2 years

    Reviewed December 2020

    More Than A Tool

    5

    In Tüpraş, as the biggest industrial enterprise in Turkey, we make thousands of tenders per year. As might be expected, commercial negotiations are the most critical and time-consuming part of those tenders. During our tight schedule, Promena enables us to focus on issues other than bargaining. Additionally, I would like to emphasize that Promena is not just a tool for us, for many cases Promena is the most important move of us on the chessboard. We can create competition in any cases regardless of the number and price level of bidders. Especially in case of multiple competitive offers, Promena allows transparent and efficient tender management process. With their strong and competent operation team, Promena delivers a seamless and reliable solution process.

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    User friendly interfaces and strong customer support
    Cons:
    There is no significant are for improvement to mention

    Read More

    CB

    Caglar B.

    Mining & Metals

    501-1000 employees

    Used daily for more than 2 years

    Review source

    Reviewed November 2016

    Thanks to the cooperation we established with Promena

    5

    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.

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality

    Vendor Response

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

    Replied November 2016

    Read More

    OC

    Orhan C.

    Mining & Metals

    201-500 employees

    Used daily for less than 6 months

    Review source

    Reviewed November 2016

    Reliable, fast and efficient procurement management

    5

    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.

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality

    Read More

    BY

    Burak Y.

    Verified reviewer

    Oil & Energy

    501-1000 employees

    Used daily for more than 2 years

    Reviewed December 2020

    E-Procurement Solutions

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    We have been gladly using the Promena platform for more than 10 years. That affects our procurement processes very positively in terms of cost and time savings. Moreover, Promena supports operating the processes as transparent. Thank you Promena Team for the cooperation until today.
    Cons:
    This software meets all our needs about procurement and supplier managament.

    Read More

    AA

    Altan A.

    Food Production

    1001-5000 employees

    Used weekly for more than 2 years

    Review source

    Reviewed December 2016

    Promena helps us conveniently accomplish our goals

    5

    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.

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality

    Read More

    KK

    Kadir K.

    Oil & Energy

    201-500 employees

    Used weekly for more than 2 years

    Review source

    Reviewed September 2017

    User-friendly, easily understandable and fast software

    5

    Ratings Breakdown

    5
    Ease of use
    5
    Value for money
    5
    Customer support
    5
    Functionality
    icon
    Pros:
    With Promena, a user-friendly, easily understandable and fast software, we save both time and money. Promena makes our business life much more convenient with its friendly and well-equipped team, from the selection of the right type of tender processes to the digital procurement methods that are essential to all active communication with other firms.

    Read More

    DA

    Dogan A.

    Verified reviewer

    Retail

    10000+ employees

    Used weekly for more than 2 years

    Reviewed April 2021

    Defacto Review

    4

    perfect

    Ratings Breakdown

    4
    Ease of use
    5
    Value for money
    5
    Customer support
    4
    Functionality
    icon
    Pros:
    online getting quotation, e -sourcing & report tool
    Cons:
    The lack of dashboards on this software is a major problem

    Read More

    Showing 1 - 10 of 24 Reviews

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