Optimized Procurement Processes and Services

Promena allows extensive participation and sharpens competition by carrying procurement processes to the virtual environment. With an annual average of over 2000 projects and $800 million in purchasing volume, Promena's services cover all sectors and all purchase categories. Using its comprehensive database of over 8500 qualified suppliers, Promena can create alternative supply chains for its customers and new sales opportunities for its suppliers.

As a result of Promena's activities, Promena's clients enjoyed savings of 11% along with improved efficiency, process control, and transparency in their procurement cycles.

With the objective of adding more value, control, and efficiency to the supply chain, Promena's ”e-Procurement” platform brings the entire procurement cycle, from ”Requisition to Invoice” online along with “Catalogue Management” capabilities and services.

Promena has become the first and only member of ONCE (Open Network for Commerce Exchange), the leading non-profit organization for electronic B2B Commerce. With international partnerships and operations in Saudi Arabia, Promena is offering its”Strategic Purchasing Services” worldwide.

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