Promena eRfx is a straightforward, intuitive and collaborative tool to digitize your sourcing processes.
Transform your sourcing business by organizing fully digitized rfx and e auction events.
One of the most important aspects of procurement is the compilation of bids and the negotiation processes. Efficient and organized management of these processes increases operational productivity and may bring vital improvements to the costs associated with strategic purchasing decisions.
Promena is especially distinguished by its electronic bidding and quotation systems, electronic purchasing, electronic aproval, reverse or ascending auctions, cost analysis and supplier information management. Promena serves its clients through its network of partners around the world working on hundreds of projects with a professional approach and highly experienced staff. More Info at its website www.promena.net
Companies using traditional procurement methods generally manage these processes through conventional purchasing, such as email, telephone calls, or in-person meetings. While these methods are considered practical and productive, there is a significant delay and greater margin for error in compiling proposals, preparing price-comparisson tables, and data entry processes.
Promena's web-based eRFx, intuitive user experience, embedded analytics, and collaboration simplify e-sourcing procurement activities, accelerates source-to-purchase process, increase operations and cost savings, and enforce compliant spending.
In Porcurement e-RFx in short refers to the complete purchasing sourcing cycle. RFx is an acronym for Electronic Request For [x], where X play as an unknown for Information (RFI), Proposal (RFP), Quotation (RFQ), or Tender (RFT); RFT may be used interchangeable with RFP.
With RFx Procurement professionals are able to make quick decison to ensure the appropriate supplier and the most cost effective product or service is contracted.
Rfx Cycle The primary goal of an eRFI/survey is to maximize potential decision points while keeping supplier evaluation costs low. The end goal of an eRFP is to determine a set of potential suppliers that are the most capable of meeting the organization’s needs and to identify those suppliers that can actually submit bids. And the final goal of an eRFQ/auction is to make the final award decision.
Promena Procurement Software is flexible, internet-based, highly secure using Microsoft Azure, and adapts to any business from micro-businesses to large transnational corporations. Promena offers the use of smart templates and forms, e-shopping and enhances the e-purcasing experience which guarantees that the obtained purchase-prices and negotiated terms are the most convenient for the organization.
Promena allows you to configure approval workflows designed to control expenses and reduce costs.
Promena offers automated reporting and analysis tools that allow you to quickly evaluate vendor offerings based on predetermined factors such as price, quality, and total cost of ownership, allowing you to automatically identify the best supplier based on your defined business requirements. Negotiated savings are realized quickly during the purchase cycle.
Promena USA supports Industry 4.0 and has the most up-to-date purchasing technologies of our time strengthening e-KPIS, e-Sourcing, e-Procurement and the e-Auction Process.
Promena has the largest and most active B2B network globally, connecting suppliers and buyers through digital transactions across many expense categories.
Promena allows to keep the entire procurement process simple, eliminating any obstacles and helping the purchasing professional to complete tasks much faster and easier.
The end result is savings in labor and costs with a new standard of work in the Supply Chain.
Access Promena eSourcing, eProcurement or eAuctions wherever you are. The flexibility to access Promena from anywhere in the world and from any mobile device promotes an efficient cycle in the process of evaluating offers and making value-added purchases.
Promena may be used over the Internet on a PC, tablet or any mobile device.
Promena simplifies the procure-to-pay cycle by reducing common delays that affect procurement during the bid-request, offer analysis and approval process.
Promena strengthens the visibility of the detection of expenses that should not be authorized due to the lack of an adequate evaluation and selection process.
Promena strengthens data intelligence in areas such as daily purchasing performance, contract management, and price negotiations.
It allows you to evaluate and monitor the performance of your suppliers, improving short, medium and long term supplier relationships in a much more efficient and faster way.
Strengthen your Reports and Analyze all procurement activities within the Spend-Analysis business intelligence platform on a single screen.
Strengthen a competitive, transparent and fair environment through the one of the six e-auctions types for Purchasing or Sales.
Manage your Request For Proposal (RFP), Request for Quote (RFQ) events on-line, in a state-of-the-art purchasing integrated system.
Gather up-to-date information about your suppliers and take actions over the risks and areas of improvement in your supply chain.
Standardize the sourcing and purchasing process, strengthen process automation and reduce bid-to-pay cycle times.
Work-Flow Approval Process Automation. Automate the approval or reject work-processes, reduce workload and save processing time.
We also offer the service for TailSpend Purchasing Administration and recruitment of your Supply Chain Personnel
Why Outsource TailSpend? Contact us
