Promena E-Auction allows buyers or suppliers to compete simultaneously, organizing the auction, purchase or electronic bidding process.
Promena e-Auction allows buyers achieve savings between 7% and up to 20% of the originally quoted baseline price.
Electronic business opens up new markets and market segments. Auctions are a very reliable and competitive trading model which allows to achieve fair prices and to choose the optimal business partners.
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
The electronic auctions today, are an important channel for selling and buying for many companies and individuals. The use of the internet as a basic infrastructure work and the proliferation of the Internet users contribute auctions to be realized with reduced transaction costs.
Electronic auctions (reverse or forward eAuctions) are replacing traditional purchasing, buying or bidding for sourcing decisions as well as the traditional selling process. This concept has been designed to help suppliers and buyers compete dynamically in real time, increasing revenue, reducing costs and maximizing operating income.
Promena eAuction helps Government, Public and Private organizations to save when selling or buying common goods and services with direct benefit to the organization issuing the e-auction.
Fast e-Auction in real-time An important feature of auctions is that they are realized in real time. This means that clients always have currently visible information. This is especially important for auctions realized in a relatively short time (about 10 to 30 minutes).
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
