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: Product & Service Categories - Business Technology Solutions Nomination Sub Category: Vendor Management Solution
Nomination Title: Promena
- Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
Written answers to the questions
- 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.
- If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:
New Version
Zer redesigned Promena in 2021 with new features of:
Supplier Marketplace
Quick RFQ Modüle and
ChatBot
- If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):
Total 347 words used.
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. ZER offers an efficient, sustainable and competitive 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 and supply processes with its tender and bid management, e-procurement, supplier management, contract management, supplier marketplace and expense analysis products.
Promena combines its professional approach and experienced team with high-tech, especially with its e-procurement, e-tender, expense analysis, supplier management, and marketplace modules, and provides an end-to-end solution to the customers for their supply chain in various projects and thousands of categories.
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.
Promena's success is also reflected in its numerical performance in 2021, Please see attached Results File for numerical achievements.
- If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):
Total 342 words used.
In 2020-2021, Zer redesigned Promena with new features :
With the Supplier Marketplace Project, the suppliers 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.
An online demo and sales opportunity have been provided for the Fast RFQ module, one of the most requested solutions of Promena, thus allowing more companies to experience Promena with one click. A first in the sector, Promena can be purchased via web without even contacting the Promena team.
With the ChatBot application, the 1st Level support requests were answered quickly and accurately by robots, thus reducing the solution time.
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. 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, one of the most competent global analysis and reporting institutions offering industry analysis to purchasing professionals.
- 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
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