Efficient E-Purchasing
Promena's web-based purchasing, intuitive user experience, embedded analytics, and collaboration simplify supplier management and contracting, accelerates source-to-purchase process, increase operations and cost savings, and enforce compliant spending.
The solution helps requisitioners buy preferred items, order from preferred suppliers, and route the request to appropriate buyers for sourcing. The system displays e Forms and procurement policies to ensure maximum compliance and bring more spend under management by accurately classifying every item, irrespective of its source catalog, material repository or free text.
Budget Management Decide amounts and expiry dates of budgets for each department in your organization. Based on the defined approval process, deduct recognized cost, prevent budget overrun or, in case of budget overrun, trigger workflows for escalation.
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