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What is Promitea?

The Promitea Platform revolutionizes the purchasing landscape by implementing effective Supplier Relationship Management (SRM), which fosters sustainable collaborations between businesses and suppliers through a detailed multi-criteria evaluation and improvement framework. It also enhances sourcing efficiency by optimizing direct procurement expenditures on leveraged goods via electronic tenders and auctions available in English, Dutch, and Japanese. Furthermore, the platform supports catalog-driven procurement processes, where automated workflows based on catalog data and predefined rules lead to significant reductions in material and operational expenses through systematic approvals and budget management. By leveraging the Promitea Cloud platform, organizations of all sizes—from large enterprises to small and medium-sized companies—can thoroughly digitize their procurement functions. Since procurement usually represents at least 50% of a company's overall costs, Promitea helps to lower these expenses by more than 10%, boasting an impressive return on investment that exceeds 500%. Additionally, this transformation can be achieved without requiring new hardware or software investments, allowing organizations to utilize their current workforce while sidestepping expensive consulting fees, thus presenting an effective alternative for companies seeking to improve their procurement approaches. This innovative platform not only enhances efficiency but also positions organizations to thrive in a competitive market by optimizing their supply chain management.

What is oboloo?

oboloo is free-forever procurement software for SMEs and charities. It brings supplier management, contract management, sourcing (RFx) and savings tracking into one cloud platform, with unlimited users and no credit card required. Supplier management: supplier records, a self-service supplier portal for onboarding, document requests with expiry tracking, risk and compliance fields, and scorecards and self-assessment questionnaires. Contract management: a central repository with renewal and notice-period notifications, and approval workflows. Sourcing (RFx): RFQ, RFI and RFP events built from a reusable template library, supplier invitations, multi-round events and weighted scoring to compare bids. Savings management: savings initiatives with milestones, validation and realised savings reporting. Platform: custom fields and tabs, role-based access control, audit trail, multi-language and multi-currency, SSO, an open API, an MCP server for AI assistants and 8,000+ integrations through Zapier. Each customer has an isolated database hosted on AWS. All four core modules are free forever. Optional paid add-ons extend each module, and registered charities get 50% off.

Media

Media

Integrations Supported

Integrations Supported

Amazon
Microsoft Dynamics 365
NetSuite
NetSuite CRM
QuickBooks Online
Sage 200
Xero
Zapier

API Availability

API Availability

Has API

Pricing Information

Pricing not provided

Pricing Information

$0
Free forever plan available for any company. Additional premium features are available on paid plans starting at $10 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Chromebook

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

APITEA Technologies

Date Founded

2014

Company Location

Czech Republic

Company Website

www.promitea.com

Company Facts

Organization Name

oboloo

Date Founded

2018

Company Location

United Kingdom

Company Website

oboloo.com

Categories and Features

Procurement

Catalog Management
Contract Management
Invoice Processing
Purchase Order Management
Sourcing Management
Spend Management
Supplier Management

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Government Contracts
Specialty Contracts
Version Control
Workflow Management

Procurement

Bid Management
Contract Management
Sourcing Management
Supplier Management

Sourcing

Collaboration
Global Sourcing Management
Rfx Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Vendor Management

Audit Management
Contact Management
Self Service Portal
Supplier Master Data
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

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