With their strong and competent operation team, Promena delivers a seamless and reliable solution process.

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.

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.

Promena software is easy to operate, even for first time users, with its intuitive menu design, visual aids and vast network of suppliers.

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.

It's easy to use and it takes us much less time than manual processing.

We can create competition in any cases regardless of the number and price level of bidders.

When we encounter any problems, we can respond very quickly to tackle whatever obstacle is in our way.

With Promena, a user-friendly, easily understandable and fast software, we save both time and money.

We are excited to bring our solution partnership into 2017 with the development of the voluntary pilot of its supplier portal infrastructure.

By applying the e-Auction / e-Tender method, all suppliers have an equal chance to compete in a reliable and transparent environment.

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.

They find solutions very quickly to our requirements and they assist us whenever we called. We are happy to take part with  Promena.

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

The platform raises the importance of transparency between buyers and suppliers. Thanks to the platforms user friendly interface, its extremely easy for participating companies to adapt to its system.

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.

Our adoption stage on the Promena platform has been very quick, due to the user friendly interface.

The lack of dashboards on this software is a major problem.

Netstock is very easy to use. The Dashboard is simple to navigate and understand.

Some of the settings are a little difficult to find but once you find them they are intuitive.

A great product that has become a fundamental part of our procurement strategy.

Have used and trained in lots of other ERP systems, including market leaders, and this is very simple but effective. Highly recommend for both those new to supply chain systems and regular users.

We have reduced our working capital by trusting their safety stock formula and maintain exceptional levels of product availability.

The software is easy to use with a GUI which is very easy to the eye. The business insights are fantastic, and it does what it says on the tin.

Excellent implementation and after sales support. An invaluable tool for inventory planning.

The onboarding team were excellent and the process was the best implementation of software we have ever experienced.

It's also a a shame that you cannot see your own historic comments (or make new comments) whilst adjusting forecasts.

Great system providing your EPS is all good and up to date.

When there is a question or issue the support team at Netstock are always there to help, really fantastic customer service support.

The software is user friendly with strong online help. Great low risk adoption commercial model.

Nothing really i am still learning about it and cant say that i came across anything i dont like.

Really good, love the monthly subscription, no high implementation costs, great customer service. Would recommend to anyone in a distribution business.

Managing the dashboard daily helps to improve stock as time goes. We are able to identify access stock and make a decision on how to move it.

The simplicity of the layout of the dashboards, and the ease to navigate for information.

The forecasting functionality meets the requirement but does not continue into hierarchical demand management.

The solver ability to build orders up to a volume (such as a container) is a real time saver as well.

We now have a robust inventory management process that does not rely on excel, and we have confidence in the recommended order output. We have automated the process and are saving time.

Netstock support team are amazing and make Invensoty Advisor come to life.

We now have around 3000 SKU's and use 80 odd suppliers while turning inventory around 8.5 times per annum with minimal excess so we think it's our best investment yet.

Overall experience has been great. It has been an immense asset to our company and my personal workflow.

I love that this software is intuitive and shows me stock out and potential stock outs. I never had that visibility before.

The integration into the business was extremely easy.

Easy to use, easy to visually see what stock is in other regions/hubs.

The Dash Boards is the best as you van get a quick overview of the current status. It is easy to use the product and show it to a total stranger to the product.

Visibility is excellent. It's up to date (real time) and we've enjoyed using the Categorization of items (AH, AM etc) to improve our planning/buying situation.

It has allowed for a much greater visibility of our inventory holding and disbursement for our company. This is a bonus to the higher accuracy and ease of replenishment and planning for inventory.

Not being able to select a forecast model, no user date stamp on manual forecast changes.

Straightforward inventory planning software achieving great results.

Whilst there is no way to edit previous one off spikes in demand that could affect future forecasting they have introduced options to smooth peaks and manage the effects of seasonality.

US Dollar

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.



LongDescription

Cataloging/Categorization

Receiving/Putaway Management

Purchase Order Management

Status Tracking

Live Auction

Access Controls/Permissions

Spend Control

Transaction History

Risk Assessment

Approval Process Control

Procurement Management

Collaboration Tools

Template Management

Spend Analysis

Self Service Portal

Audit Trail

Fixed Asset Management

Supplier Web Portal

Performance Metrics

Bid Management

Supplier Risk Management

Membership Management

Silent Auction

Absentee Bidding

Supplier Qualification

Workflow Management

Email Management

Budgeting/Forecasting

Activity Dashboard

Alerts/Notifications

Rfx Management

Reporting & Statistics

Reverse Bidding

Auction Management

Expense Tracking

Website Management

Spend Management

Sourcing Management

Budget Management

Vendor Master Data Management

Purchasing Reports

Supplier Management

Requisition Management

Summary Reports

Order Tracking

Order Processing

Quotes/Estimates

Purchasing & Receiving

Online Bidding

Online Auction

Onboarding

User Management

Contract/License Management

Order Management

Data Import/Export

Multi-Location

Multi-Currency

Real Time Data

Vendor Management

Customizable Templates

Budget Control

Real Time Reporting

Third Party Integrations

Search/Filter

Support Ticket Management

Product Catalog

Watch List

Real Time Monitoring

Attendance Management

Event Tracking

Registration Management

Event Scheduling

Real Time Notifications

Real Time Updates

Event Management

Customizable Branding

Online Catalog

Document Storage

Activity Tracking

Configurable Workflow

Accounting Integration

Secure Data Storage

Performance Management

Project Management

Document Management

RFP Creation

Assessment Management

Windows 7

Windows Vista

Windows XP

Mac OS

Linux

HP-UX

Solaris

Unix

IBM OS/400

Web browser (OS agnostic)

Windows 2000

Windows 8

Windows 10

Email/Help Desk

FAQs/Forum

Knowledge Base

Phone Support

Chat

2-10

11-50

51-200

201-500

501-1000

1000+

Promena

In Person

Live Online

Webinars

Documentation

Videos

Netstock is a cloud-based inventory management solution which helps businesses handle purchase orders, customers, suppliers, demand forecasting and more on a unified platform. It allows professionals to manage bills of materials (BOMs), track inventory levels and create strategic plans for demand planning based on consumer behaviour and market trends.

The platform enables administrators to track orders through the entire product lifecycle, automatically calculate lead time, and create stocking policies as per business requirements. NEtstock offers a variety of features including inventory replenishment, multi-channel distribution, procurement, reporting, data management and more. Additionally, It provides a reporting module, which enables users to gain insights into customer activities via analytics, graphs and KPI metrics.

Netstock comes with an application programming interface (API), which facilitates integration with several third-party platforms, such as SAP Business one, LOCATE Inventory, Acumatica, Sage, NetSuite and Dear Inventory. Pricing is available on monthly subscriptions and support is extended via documentation and FAQs.



Forecasting

Multi-Channel Management

Customizable Reports

Data Synchronization

Supply Chain Management

Scenario Planning

Retail Inventory Management

Sales & Operations Planning

Manufacturing Inventory Management

Strategic Planning

Sales Orders

Reorder Management

Sales Trend Analysis

eCommerce Management

Demand Forecasting

Warehouse Management

Inventory Optimization

Distribution Management

Bills of Material

Mobile Access

Planning Tools

Sales Reports

Inventory Tracking

Inventory Replenishment

Historical Reporting

Visual Analytics

Predictive Analytics

Data Visualization

Vendor Managed Inventory

"What If" Scenarios

Netstock is available to companies on a monthly subscription and our pricing is based on your inventory value.

Promena vs Netstock

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