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Description

Since its inception in 2001, Promena has been a key innovator in digital transformation, constantly broadening its global influence with steadfast business alliances and an ever-growing client base. This platform is equipped with a range of specialized modules: E-Sourcing, for efficient and transparent sourcing operations; E-Procurement, which refines procurement into a cost-effective, streamlined process; Contract Management, simplifying intricate contract oversight while boosting compliance; Supplier Relationship Management, fostering durable and mutually beneficial supplier partnerships; Quick RFQ, enabling swift and accurate request for quotations, thereby increasing reactivity; and the Supplier Network, cultivating a robust ecosystem for smooth supplier engagement. Each module synergistically works to position Promena as a comprehensive, modern-day business solution, propelling operational optimization and strategic progress. Embracing Promena means embracing a transformation in business efficiency and relational dynamics. Join the journey with Promena and be part of a new era in business innovation and connectivity.

Description

Your business might miss the best supplier. This could result in a drop in productivity and lower business efficiency. Your business could see a drop in cost savings. These are all things that Zycus' powerful strategic sourcing module, "iSource(tm"), will take care of. With our eSourcing solution, you can source simple and complex categories easily. Our eSourcing software is then configured and empowered to meet your procurement goals. This allows you to have a greater impact on business performance by reducing sourcing cycles by between 5 and 15%. Instant visibility to savings and event statistics. Market-driven decisions that are factual. Ability to manage large-scale sourcing projects that involve more stakeholders. Ability to manage simple, tactical, and immediate sourcing projects. A built-in platform to identify key suppliers and to record the savings made after each round of negotiations.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Oracle BPM Suite Yes 
SAP ERP Yes 

Integrations

Oracle BPM Suite No 
SAP ERP No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Promena Strategic Procurement Solutions

Founded

2001

Country

Turkey

Website

www.promena.net

Vendor Details

Company Name

Zycus

Founded

1998

Country

United States

Website

www.zycus.com/solution/strategic-sourcing.html

Product Features

Auction

Absentee Bidding Yes 
Alerts/Notifications Yes 
Bid Management Yes 
Billing & Invoicing No 
Buy Now Option No 
Dutch Auction Yes 
Inventory Management No 
Live Auction Yes 
Membership Management No 
Nonprofit / Fundraising Yes 
Online Auction Yes 
Online Bidding Yes 
Online Ticket Sales No 
Proxy Bidding No 
Reverse Bidding Yes 
Silent Auction Yes 
Watch List No 
Website Management Yes 
White Label No 

Procurement

Asset Management No 
Auction Management Yes 
Bid Management Yes 
Budget Management Yes 
Catalog Management Yes 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management Yes 
Receiving Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Purchasing

Catalog Management Yes 
Compliance Management No 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

RFQ

Sourcing

Auction Management Yes 
Budget Management Yes 
Collaboration No 
Global Sourcing Management Yes 
Rfx Management Yes 
Spend Management Yes 
Supplier Management Yes 
Supplier Qualification Yes 
Supplier Risk Management No 
Supplier Web Portal Yes 
Template Management Yes 

Spend Management

Approval Workflow No 
Budgeting / Forecasting No 
Expense Tracking No 
Multi-Currency No 
Prepaid Cards No 
Procurement Management No 
Receipt Management No 
Spend Analysis No 
Spend Control No 
Supplier Management No 

Supply Chain Management

Demand Planning No 
Electronic Data Interchange No 
Import / Export Management No 
Inventory Management No 
Order Fulfillment No 
Order Management No 
Sales & Operations Planning No 
Shipping Management No 
Supplier Management No 
Transportation Management No 
Warehouse Management No 

Product Features

Sourcing

Auction Management Yes 
Budget Management No 
Collaboration Yes 
Global Sourcing Management Yes 
Rfx Management Yes 
Spend Management No 
Supplier Management Yes 
Supplier Qualification Yes 
Supplier Risk Management Yes 
Supplier Web Portal Yes 
Template Management No 

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Alternatives

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