ZER, Uskudar, Istanbul, Turkey: Promena

Company: ZER
Nomination Submitted by: Business Awards Consulting
Company Description: ZER offers its business partners end-to-end purchasing solutions where they can turn purchasing difficulties into opportunities with its expert staff, innovative solutions and wide supply network as Turkey's first and largest purchasing company.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Innovation of the Year - Business Service Industries
2022 Stevie Winner Nomination Title: Promena
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since 1 January 2020, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.
     
  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 200 words used.

    ZER offers an efficient, sustainable and competitive end-to-end purchasing experience to its corporate customers with materials through over 20K suppliers in more than 130 categories. Zer offers fast, practical and reliable technological solutions in purchasing and supply-chain processes with its strategic purchasing and supplier solutions platform Promena, and with its brands ZerOnline, Loji-Portal Araçiste and Zervis. Promena established in 2001, is the pioneer and leading sourcing solutions provider in Turkey with a large customer base and a strong market position. Joining Zer's technological solutions portfolio in 2013, Promena has become one of the world's leading procurement and supply chain solutions, with an annual transaction volume of more than 3 billion dollars, 8 resellers in 3 continents and over 170 customers. Promena, Turkey's first brand in its sector, offers local and global companies of all sizes the opportunity to digitize their procurement processes with its tender and bid management, e-procurement, supplier management, contract management, supplier marketplace and expense analysis products.

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  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2020 that you wish to bring to the judges' attention (up to 250 words):

    Total 248 words used.

    The Promena platform, managed with an agile management methodology, is constantly being developed and gaining new features with feedback from users, needs analysis and teachings from global benchmark studies. While Promena can serve companies operating anywhere in the world with its 12 language options, it stands out from its peers especially with its flexible and modular structure. Customers can purchase the selected Promena modules or they can buy the whole platform. Through the Promena's flexible and modular approach, its all customizable Promena makes a difference with its easy adaptability in parallel with customers' workflows. In 2020 and 2021, Promena increases the value it adds to the sector, its suppliers and customers with its new features: With the Supplier Marketplace Project, the suppliers registered in the system with the reference of Promena users are gathered in a single pool, providing easy access to new suppliers with references from at least one company, while providing the suppliers with the opportunity to reach new companies.

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  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 249 words used.

    In 2021, Promena has achieved the success of being included in the Provider LensTM report of ISG, which evaluates the best companies in the world in the field of procurement and supply chain management, and became the first Turkish company to make its name in the international arena by being included in the list of world giants. In the report, Promena is shown in the “Purchasing Platforms” category as a “Product Challenger”. Promena achieved entering the report two years in a row.

    The Report states Promena’s Strengths as:

    Customized solution offerings: With its five modules, Promena offers customized support for strategic sourcing and procurement platforms, ensuring a sustainable and transparent procurement experience. Promena’s next product launch is set to be of a platform that enables seamless management of end-to-end purchasing processes.

    Focus on investing in product development: Promena is investing in developing and enhancing its procurement solution, with a focus on user experience. The company is planning to increase the number of APIs for its e-sourcing module to better integrate with ERP systems. It also aims to increase the number of product packages that can be sold online and plans to add, Contract Management, to its product portfolio.

    Since 2019, Promena has also been included in the 50-to-Watch List and Solutionmap lists of Spendmatters, the most competent and best global analysis and reporting institutions, offering industry analysis to purchasing professionals.

    Promena's success is also reflected in its numerical performance in 2021, Please see attached Results File for numerical achievements.

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 220 words used.

    In order to present a more holistic view to the esteemed jury members, additional documents have been prepared; each listed below:

    Apx1: Promena Video

    Apx2: Presentation: Promena Presentation

    Apx3: Promena Results& Accomplishments

    Apx4: ISG Report

    Zer was the first company from Turkey to enter ISG's Provider LensTM report, which evaluates the world's best companies in the field of procurement and supply chain management. In this research, in which more than 2000 companies have been evaluated to date, companies are included in 4 different rankings. In this report, Promenawas featured as a powerful product “Product Challenger” in the “Procurement Software Platforms and Solutions” category.

    Apx5 : Promena Sample Product Sheets

    Apx6: Press Release: Digital Procurement Research

    Promena took part in the 2020-2021 Digital Procurement Research of Capgemini company, which is based in France and operates in consultancy, digital transformation, technology and engineering services in approximately 50 countries.

    Apx7: Press Release: Promena is on the SpendMatters 50-to-Watch List

    Promena has been entitled by Spend Matters, which offers data on global procurement technologies and advancements in the procurement industry as one of the world's most significant online procurement resources, to be on the "50 to Watch" list for the 2nd time as the first and only Turkish service provider.

    Apx8: Interview: SpendMatters- Promena Innovations

    Apx9: Press Release: ISG Report

    Apx10: Website: Promena Web Site

Attachments/Videos/Links:
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