18 October, 2022

Promena is on "50 to Watch List" for the third year in a row

Promena continues to draw attention with its innovative technology and took its place on SpendMatters "50 Providers to Watch" list for the third year in a row.

Promena continues to draw attention with its innovative technology and took its place on SpendMatters "50 Providers to Watch" list for the third year in a row.

The Spend Matters® annual 50 Providers to Know and 50 Providers to Watch lists are determined by the entire Spend Matters analyst team to represent the best of the commercial providers that serve enterprise-level procurement organizations.

Each year the "50 Providers to Watch" list recognizes the fast-rising companies in the procurement and supply chain market. These are the up-and-comers: solution providers who continue to grow and develop innovative products propelling the market forward.

While pointing out the versatility of Promena, Bertrand Maltaverne, Sr. Analyst at SpendMatters said, "It's difficult to find real nimble e-procurement solutions with a strong product and catalog management capability, strong supplier collaboration and global features (multi-language, multi-currency). Even more difficult is finding nimble source-to-pay suite solutions , which is Promena's long-term plan. In addition, the availability of optional value-added services make Promena stand out in the market of procurement solutions."

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