Panacea Software Procurement Software Pricing & Reviews
Are you from this Company?
Summary
A panacea is an online software giving out intelligent and flexible solutions to handle project management, reporting, procurement, and account management. Panacea software speeds up the process with instant prices from framework printers and saves both money and time.
Panacea offers many things to a user, such as:
- Design Management Software
- Electronic Job Bag
- Purchase to Pay solutions
- Time Sheet
- Print Management Software
- Supplier Management Software
- Dynamic Purchasing System
- CRM
- Business Workflow Software
- Branded Artwork Templates
Panacea Pricing:
Panacea pricing is a one-time payment with a perpetual license. The user gets customization, mobile support, web app, windows, and macintosh all in for just $7000. The software provides an identification login portal for the users to make use of it. Panacea pricing does not have any other pricing tags except one.
Panacea Demo:
There is no trail for Panacea software, but there is a demo to check up on the working procedure of the software. Users can understand the software with the help of the tutorials and the demo provided. These demo’s do help the user to get to know about the software before considering to use it to ease your business workflow.
Panacea Features:
- Contract
- Panacea has an end-to-end procurement system to type out unlimited and any contract.
- Contract-specific questionnaires, standard questionnaires for a smooth workflow.
- Portal
- Client Portal: It gives simple and secure access to your business products and services.
- Collaboration: A platform to share the workflow among the colleagues. Clients and suppliers to simplify the workflow.
- Estimation and Management
- Estimating the mini-tenders, instant competitive quotes, and budgeting before getting on to the purchasing part.
- Panacea helps in supply-chain management, contract management, real-time reporting, and performance management.
- Options to choose
- Users get options such as delivery confirmation, e-invoice, and goods receipt.
- There are many other options with invoicing, finance systems, payments, and charging.
- Increase productivity and save time
- Automated workflow saves time for both buyers and suppliers.
- The options do support self-service, resource management, and efficient procurement.
Discussions
No Strengths to show
No Cautions to show
Panacea Reviews
Buyer, Asia Pacific Company
May 17, 2023
5. I recently had the chance to evaluate Panacea Softwares Procurement Software offerings, which I have to say are incredible. As a young female buyer, I was highly impressed with the product vision and features. I was able to better manage my sourcing activities, make quick onboarding of new vendors, and track my purchase orders. The user personas also made it easy to navigate the product. Im pleased to say that I would rate it 4 out of 5 stars and would wholeheartedly recommend it to any other buyers out there.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
May 16, 2023
Review 4 - PANACEA software Procurement Software: I have been using PANACEA softwares procurement software for a few years and must admit I have some mixed reviews. The feature set they offer is robust and makes it easy to find and order merchandise. However, at this point, I can only give PANACEA software three out of five stars. The user interface is outdated and clunky, making it slow and inefficient to perform basic product searches. Furthermore, the customer service is non-existent and unhelpful when it comes to resolving any issues. Lastly, their pricing is steep. Sure, the feature set is comprehensive and users can find what they need, but unless a company is deploying the software on a larger scale, the cost will far outweigh the benefit.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
May 14, 2023
I recently started utilizing the Software offering from PANACEA SOFTWARE called Panacea, and I must say it exceeds my expectations. The product vision they have thought of is extremely smart, allowing customers and Supplier Partners like me to easily collaborate with one another and make sure I get the best service out of it. The interface is well designed, and even as a new user I was able to easily navigate the features and tools it offers. The features of this software are advanced and helps me save time when it comes to proposing quotes and bids. It makes sure that the quote I am making is competitive in the market and I can accurately simulate it with a realistic bidding process. The views and shared options it offers is also great, giving me the chance to track the progress of the proposals and understand what my customers think. Apart from the features and product vision, the cost of owning this software shouldnt be too painful, with a great Free version and reasonable cost for additional services. All in all, I rate Panacea from PANACEA SOFTWARE with a 9 out of 10 and will certainly recommend it to other Supplier Partners.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
May 12, 2023
Review 2: Ive been using the Panacea Software Procurement Software for some time now, and I have to say that Im really impressed. The software really makes sourcing and procurement a lot easier and faster than what we had been dealing with previously. The automated process especially has been a big help, as it simplifies the entire process and allows us to anticipate potential orders. The machine learning capabilities of the software have also made it a lot easier for us to stay one step ahead and provide our customers with the products they need in a timely manner. Additionally, the customer service is top-notch. Whenever I have a problem or a question, the team responds quickly and effectively. They always make sure that our business runs smoothly and that our customers are well taken care of. I strongly suggest Panacea Software to other businesses in need of a robust and reliable procurement software. I would rate it a 9/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
May 12, 2023
offered Review 1 - Interoperability and integration Im an owner of a small business and I recently used Panacea Softwares Procurement Software called Panacea. It was super convenient and easy to use. The software makes integration between your different systems quick and simple. Theres no need for manual data entry and no need for multiple connections to different systems. Everything is just connected into one place. I couldnt be happier with the results. The great part about Panaceas procurement software is that its interoperable with all sorts of systems. I was really impressed that its compatible with our existing inventory management, accounting, and CRM systems. This allows me to manage our procurement process in one place. Plus, I can quickly see what we need and when by looking at the centralized dashboard. I highly recommend Panacea Softwares Procurement software. Its made my business much more efficient and makes it easier to track our inventory. Plus, their customer support team is friendly and super helpful. I give this software a 9 out of 10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
May 12, 2023
I recently tried out PANACEA SOFTWAREs Procurement Software offering, Panacea and I was very satisfied with the overall experience. The product vision PANACEA had was well thought out, allowing customers and Supplier partners like me to easily share data and insights between them and fostering a more fluid business relationship. The product features gave me an edge when it comes to building up quotes and proposing them to customers. I could track the progress of my quotes and view what my customers are saying, allowing me to react quicker and get the job done faster. The user interface looks great, and the navigation is simple and clean. I was also able to save time when creating my quotes and bids. The other great thing about PANACEA is that it isnt really expensive. Ive had to deal with other software with a much steeper price tag, and here I am getting all the necessary features with a much more reasonable price. Id rate PANACEA with a solid 9 out of 10 and recommend it to other Supplier Partners. Review 3
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
May 11, 2023
Review 5 I am writing to provide an overview of my experience with Panacea Softwares procurment software offering, Panacea. As a supplier partner, I was thoroughly impressed by the functionality and design of this software. It features all the necessary tools to effectively manage and track procurement activities. Moreover, it is surprisingly easy to use and I was able to quickly learn how to operate the platform. The technology behind Panacea is truly revolutionary. It is built for the digital age and is capable of automatically assessing potential issues and highlighting areas of improvement. This ensures that businesses are equipped to optimize efficiency and profitability. Additionally, its predictive capabilities help to detect potential opportunities and optimize inventory levels. The use-cases that are supported by Panacea are quite advanced. The software is able to automatically detect patterns and simulate forecasts. This ensures that businesses are able to proactively plan for the future and remain competitive. Overall, I am quite pleased with Panacea Softwares offering. I would rate it 4.9 out of 5 stars for its level of innovation and futuristic use-cases.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
May 10, 2023
Review 3: If youre in the market for a procurement software system, look no further than Panacea. This product is heads and shoulders above the competition in terms of features and functionality. One of the things I really like about it is that it allows me to keep track of each stage of the procurement process in one place, saving me tons of time. Its also very easy to use, with a simple and intuitive user interface and little to no learning curve. The customization options are very useful too, allowing me to tailor the system to meet my organizations specific needs. All in all, Id highly recommend this software and rate it 10/10 in terms of ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
May 10, 2023
Review 2: I have been using Panacea Procurement Software for some time now and am immensely impressed with it. It has provided us with the flexibility we are looking for when it comes to procurement needs. The product vision of Panacea is very easy to understand and the software is user-friendly. The span of control given to me is quite extensive and the vendor management system makes sure I have access to the right vendors and maintain a good relationship with them. With a centralized platform, I am confident that I have all the information I need in one place. Im also very impressed with the features it has to offer. Automated email notifications keep me informed about the status of our orders and payments, ensuring I never miss an obligation. The tracking features are quite helpful in order to monitor and maintain a certain level of quality from our vendors. Additionally, the analytics provided are a great way to analyze our procurement needs and make better decisions. Im very pleased with the cost of ownership of Panacea Procurement Software. Its quite affordable, even for small and medium-sized businesses, and provides great value for money. Despite the lower price tag, were provided with all the necessary features for our procurement. Its clear that Panacea is a great choice for our procurement needs and I would happily rate it 4.7 out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
May 09, 2023
Review #2 I recently implemented Panaceas Procurement Software, and Im impressed with the product. With this software, I was able to revolutionise the way our business conducts its purchasing operations. The software has a variety of features that make it both easy to use and efficient. The user interface is intuitive and timesaving. I was able to quickly create customised workflows and automate the decision-making process. The tracking and analysis capabilities are impressive. I can now see the entire supply chain process from start to finish. This allows me to be proactive and ensure that we are getting the best price for our goods. Overall, I am highly satisfied with the Procurement Software from Panacea Software. It has great features and is built to help organisations take their purchasing process to the next level. Rating: 9/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
May 09, 2023
1.Ive been using Panacea Softwares Procurement Software, Panacea, for the past 5 years. It has been incredibly useful in my organizations goal to streamline our procurement needs. The UI is very user friendly and allows for intuitive navigation through the vast number of options within the system. Additionally, Panaceas customer service has always been incredibly accommodating in our support cases. Panacea supports numerous integrations with other software and offers comprehensive customization for the types of procurements each organization requires. Our organization had a niche requirement for document control needs and Panacea was able to quickly and efficiently design a custom solution for us in a very short time frame. Overall, I would highly recommend Panacea Softwares Procurement Software, Panacea, to any organization in need of a comprehensive solution to their procurement needs. Rating: 4/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
May 06, 2023
As an engineer, I completely understand the importance of having an effective Procurement Software and PANACEA SOFTWAREs Panacea stands out amongst other options. The program is highly interoperable, giving us access to a range of different systems connected and helping us work efficienctly. This automation was incredibly helpful and worked incredibly well with our existing systems which was highly appreciated. In addition to being highly interoperable, PANACEA Software also offers excellent customer service. Anytime I had a question or had technical difficulties, I could always rely on the customer service team to help me out with swiftness and efficiency. They were always courteous and happy to help, making our experience with them smooth and incredibly positive. Overall, I have been very happy with PANACEA Softwares Panacea Procurement solutions. The program is very user friendly while still being highly effective helping us save time and money. It is a great choice for any organization looking for an effective procurement software. I give it a 9/10 rating.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
May 05, 2023
PANACEA SOFTWAREs Procurement Software Review #4 I recently implemented PANACEA SOFTWAREs Procurement Software in my organization and I am very happy with the results that have been achieved. As a senior management professional, I appreciate the product vision, features, and overall innovation of the software. The product vision for this software focuses on ensuring that procurement processes are efficient and effective. This is accomplished by creating a product that takes into account the needs and preferences of different user personas in the organization. This includes features such as the ability to customize procurement workflow and process across different departments and user personas. This helps to ensure that the software meets the specific needs of each organization and its users. The product features on this software help to improve the procurement process in many ways. It allows users to track, organize, and monitor orders, deliveries, and supplier information. In addition, the analytics capability included in the software provides transparency and visibility into all procurement activities. This enables better decision-making by the relevant user personas. The software is also very easy to use. It has an intuitive user interface that requires minimal training time for new users. This makes it especially user friendly, allowing the software to be used by virtually any user persona, from senior management personnel to entry-level employees. The cost of ownership for PANACEA SOFTWAREs Procurement Software is also very competitive. The pricing model makes it easy for users to purchase the necessary licenses for their own organization and configure them according to their needs. This flexibility in the pricing structure provides great value for the money that is invested. Finally, the software is highly interoperable and integrates easily with other systems and databases. This ensures that the software is compatible with any existing system and is easily integrated with new systems and software. Overall, I am very satisfied with PANACEA SOFTWAREs Procurement Software. Its product vision, features, ease of use, cost of ownership, interoperability and integration, and overall innovation make it a great choice for any organization looking to manage their procurement processes more efficiently and effectively. I rate it 5 out of 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
May 04, 2023
2. Panacea Procurement Software: Ive been using Panacea Procurement Software for several months now and have been quite satisfied with it. The product vision is well thought out, the product features are comprehensive, and the cost of ownership is surprisingly affordable. The main advantage of Panacea is the comprehensive range of features. For example, it allows us to track supplier performance, so that we can find the right supplier for each job. Additionally, the user interface is simple and easy to use, and the support team is available 24/7 in case of any queries. The biggest surprise is the cost of ownership. Despite offering such a comprehensive range of features, Panacea is surprisingly budget-friendly. The annual license fee is surprisingly low, and the setup and ongoing maintenance costs are also highly reasonable. Overall, I rate Panacea Procurement Software a 4 out of 5 for its cost of ownership. Despite offering a great range of features, the cost remains surprisingly low, making it cost-effective for any organization.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
May 04, 2023
Review 2 on Panacea Softwares Procurement Software Having used Panacea Softwares Procurement Software for the past few months, I have to say Im thoroughly impressed. Its a tool much needed in our industry and I am delighted to have it. The product vision is clear and easily understandable. I found it quite intuitive to get used to. The product features are abundant yet easy to navigate. For example, I use the automation tool to manage my daily tasks with ease. This saves me a lot of unnecessary time and effort. The value for money is second to none. I get a lot of bang for my buck as the software has plenty of features and is also quite reliable. Ive not experienced any downtime since I started using the product. I am exceedingly pleased with Panacea Softwares Procurement Software and rate it 8.5 out of 10. I highly recommend it to anyone looking for an automated procurement solution.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
May 02, 2023
Review 2 As a senior professional at a mid-sized organization, I was looking for a reliable and cost-effective procurement solution. PANACEA SOFTWAREs offerings fit the bill perfectly. I quite liked the low cost of ownership associated with the software. This meant that I could deploy the system for my entire organization without having to worry about huge financial outlay associated with expensive systems. I also liked the ability to customize access rights of different users. This was an especially useful feature for me as I could now ensure data security at the organizational level. The software also allows for great interoperability and integration capabilities. This has helped in greatly streamlining workflows within my organization. Moreover, I am quite happy with the combination of features, functionality and cost - I am getting great value for my money through this procurement software offering. Overall, PANACEA SOFTWAREs procurement software offering has been incredibly useful and saved us both time and money. Highly recommended! 4.5 stars!
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
Apr 30, 2023
3. Panacea Procurement Software: Having been using Panacea Procurement Software for some time now, I believe that it is a great product and I would highly recommend it. The vision behind the software is commendable, the product features are comprehensive, and the cost of ownership is surprisingly budget-friendly. The features offered by Panacea are highly beneficial for any organization. For example, it allows us to track supplier performance, so we can select the right supplier for each job. Additionally, the process for purchasing, receiving, and tracking orders is also incredibly simple. The user interface is intuitive and easy-to-use, and the support team is always available for any queries. However, the most surprising aspect is the cost of ownership. Despite offering such a comprehensive range of features, the annual license fees are quite low, and the setup and ongoing maintenance costs are also extremely reasonable. Overall, I rate Panacea Procurement Software a 4.5 out of 5 for its cost of ownership. The comprehensive range of features, combined with the surprisingly low cost, make it an ideal solution for any organization.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Apr 29, 2023
Review-4 Panaceas Procurement Software is a great choice if you are looking for a streamlined and centralized procurement system. The software offers great features out of the box and integrates seamlessly with other tools I am using in my research and development division. The cost of running Panacea may be higher than some other systems out there, but I think you get great value for the money you spend. The team at Panacea Software also provides outstanding customer service, which really helps me make the most of the software. All in all, if you are looking for a reliable and well-supported procurement system, then Panacea is definitely worth considering. 8/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Apr 29, 2023
2.Ive been using Panacea Softwares Procurement Software, Panacea, for the past 6 months. I have been very impressed with the product and the level of customer service they have provided so far. The interface is simple and allows for easy navigation across the various features within the software. The ability to quickly create custom solutions to meet business needs has been great for our organization. The support team is always quick to respond to our questions and is able to provide helpful advice on any issues that arise. Additionally, Panacea offers numerous third party integration capabilities, allowing us to quickly and seamlessly create a procurement system that fits our organizations needs. Overall, I would highly recommend Panacea Software for any organization looking for a comprehensive procurement solution. Rating: 5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Mid Market Company
Apr 29, 2023
I recently conducted an extensive review of PANACEA Softwares Procurement Software and came away with a forced ambivalence towards the product. While the product features are comprehensive, they are quite difficult to use without proper instructions. Additionally, the Software appears to be outdated when it comes to the use of next-generation technology. My review also focused on user personas, and most users seemed overawed by the Softwares complexity. The Software had a steep learning curve which was hard to master, resulting in users struggling to keep up with the design of the Software. As an analyst, I inherited my fair share of complaints from different user personas. Consequently, I rate PANACEA Softwares Procurement Software 2 out of 5 stars for its product features, ease of use, and use of next-generation technology.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Apr 29, 2023
5.I have had the pleasure of working with Panacea Softwares Procurement Software, Panacea, for several years now. From my experience, I can honestly say that the platform is up to the task of handling complex procurement needs. The design is well thought out, with an interface that is intuitive and user friendly. Plus, the customization options are quite comprehensive, allowing for the perfect molding of the system for each individual organization. The customer service is also great - I have always had prompt replies to any inquiries I have made. Furthermore, Panacea offers a impressive variety of third party integrations, making the transition into its platform much smoother. I highly recommend Panacea Softwares Procurement Software, Panacea, for any organization looking to take control of their procurement needs. Rating: 4.5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Apr 28, 2023
Review #1 I recently purchased the Procurement Software from Panacea Software, and I am extremely pleased with my purchase. It is a fantastic piece of software that is designed to simplify the process of purchasing goods and services. The user interface is incredibly intuitive and user friendly. It has been designed to make the buying process straightforward and efficient. Everything is laid out in a clean and functional manner. It is a great tool for managing the entire supply chain process. The software also has great features that help optimise the procurement process. It has a customisable workflow process, an automated decision-making engine, and detailed tracking and analysis. This allows for efficient and accurate decision making which saves time and money. Overall, I found the software to be very innovative. It is a great tool for organisations looking to streamline their procurement processes. I would highly recommend it to anyone looking for a solution that offers great value for money and is designed to help save time and money. Rating: 8/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Apr 26, 2023
Review 5: Im a big fan of Panacea Softwares Procurement System. Ive found it to be a great tool for managing my daily procurement tasks, and it is extremely cost-effective. I was able to get up and running with the system in no time, and the user experience has been top notch. Im also very impressed with the various analytics tools, and theyve helped me take advantage of cost-saving opportunities, allowing me to maximize savings and efficiency. All in all, Im very thrilled with the product and I would give it an 8/10 in terms of cost of ownership.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Apr 25, 2023
4 My review of Panacea Softwares procurement software, Panacea, is mostly positive. As the head of R&D, Im always looking for ways to improve our efficiency, and this software has done exactly that. For starters, the user interface is straightforward and intuitive, so we had no trouble introducing it to our team. Plus, the real-time sourcing capabilities have saved us a considerable amount of time. Secondly, the AI-based analytics and forecasting features are incredibly helpful. Not only do they help us optimize our procurement processes, but they also give us great insights into our supply chain. Moreover, the AI-based sourcing tools can be customized to meet our exact needs, so we get the maximum ROI from the software. Plus, it integrates with our existing database, so we can improve our processes even more. All in all, Im very impressed with Panaceas performance. Its an excellent choice for any company looking for a modern procurement solution. (9/10 in terms of Overall Innovation and use of next generation technology and 9/10 in terms of Supporting futuristic use cases)
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
Apr 24, 2023
I recently started using PANACEA SOFTWAREs procurement software, and I have been quite impressed with the product. The software has a comprehensive set of features that helps to streamline and simplify the procurement process and make it easier to manage contracts, suppliers, and documents. The product vision behind PANACEA SOFTWARE is quite impressive. The software covers all of the important aspects of a modern procurement process and it has been designed to be user-friendly, reliable, and cost-effective. The various modules, such as those for data capture, document management, and cost forecasting, all work together to provide a comprehensive procurement solution. The product features of PANACEA SOFTWAREs software are also quite good. The intuitive drag-and-drop user interface makes it easy to use and understand. Additionally, the integrated reporting and analytics tools, as well as the automated data capture, helps to make the process even more efficient and accurate. The cost of ownership is also quite reasonable when compared to similar products. The software is available for a fee per user per month, and additional services, such as training and custom development, are also available. Finally, the customer service provided by PANACEA SOFTWARE is outstanding. I have been thoroughly impressed with their level of responsiveness and willingness to go above and beyond to ensure that their customers have the best experience possible. I rate them 5 out of 5 stars. Review 5
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Apr 24, 2023
I recently tried out PANACEA SOFTWAREs Procurement Software called Panacea, and all I can say it is really impressive. Right away I could tell that the product vision was well structured, allowing customers and Supplier Partners like me to easily share data and insights between each other. I am easily able to create quotes and proposals that accurately simulate real market prices, and the user interface looks so modern and clean. The navigation is intuitive, and I can easily find all the features I need with just a few clicks. I especially love the views and shared options it offers to customers and Supplier Partners. Its a great way to keep track of the progress of my bids and know exactly what my customers are thinking. Id have to say Panacea is one of the best Software that offers such a great experience for this price. I rate it with an 8.5 out of 10 and would certainly recommend it to other Supplier Partners. Review 4
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
Apr 22, 2023
As the head of the Research and Development department at a medium-sized enterprise, Im tasked with finding the best procurement software for the job. After some research, I settled on Panacea from Panacea Software. Im mostly satisfied with the product. The vision behind it is commendable. All the features are designed to provide a comprehensive, one-stop solution for all procurement needs. My team finds it especially helpful, since it allows them to easily handle a variety of tasks with ease. Im also happy with the products ease of use. The UI is intuitive and the drag-and-drop feature makes it easy to place orders quickly. Plus, the dashboard shows us a transparent view of operations, which is incredibly useful. Their customer support team is another plus. Whenever weve faced any issues, they have always been willing to help and provide timely solutions too. Overall, Id give Panacea a 4/5. It has a great product vision and its features are highly reliable. Plus, its user-friendly design and excellent customer support makes it a great option for streamlining the procurement process. Review 4
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Mid Market Company
Apr 20, 2023
Review #2 - Having a properly dedicated team for all the cumbersome procurement processes, such as tracking spend, budgeting, and invoicing, was really becoming a challenge for us. Thus, we decided to replace all manual procurement processes with an automated system. Thats when we came across Panaceas procurement software. Ease of Use: The system is incredibly user-friendly. Our employees were able to navigate it and get comfortable with the features within no time. In addition, the customer support from the Panacea Software team was terrific. They made sure to guide us through the systems features and answer any questions that caught us off guard. Interoperability & Integration: It was surprisingly easy to integrate the system with other applications like accounting and CRM software. Furthermore, it offered a single source of truth, enabling us to make informed business decisions quickly. As a result, it has enabled us to be compliant with all the government regulations. All in all, I would recommend this procurement software to anyone looking to streamline the procurement process. It has certainly been a game-changer for us and I would rate it 8/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Mid Market Company
Apr 19, 2023
Review 5 on Panacea Softwares Procurement Software I recently started using Panacea Softwares Procurement Software and I must say its a great tool. The product vision is informative, the product features are excellent, and the value for money is unbeatable. The product features are incredibly easy to use and I have been really impressed with how quickly I have been able to become familiar with the software. Its very straightforward but comprehensive, so it doesnt take too long to get the hang of how it works. The software also helps with the authentication of my orders, so I can be sure that they are done in a compliant and legal manner. Plus, its also possible to generate various reports to help me get a better understanding of my suppliers performances and their tendencies towards placing orders with me. In terms of value for money, Im extremely pleased. Ive already saved a lot of money and time since I started using Panacea Softwares Procurement Software, and Im confident Ill continue to do so in the future. I wholeheartedly endorse Panacea Softwares Procurement Software and rate it 9 out of 10. Im sure others will find it very useful too.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Apr 16, 2023
Agile Structure We have been using Panacea by PANACEA SOFTWARE for quite some time now and what I cant help but admire is the agile structure with which they create such a powerful and effective system. The system is incredibly user-friendly, making it easy for our organization to transition to Panacea from a variety of different software platforms. The guided navigation system provides step-by-step access and eliminates the complexity that comes with other procurement software systems. Its clear that PANACEA SOFTWARE understands the importance of agility in the modern business environment and has crafted a platform to address that need. Rated: 8.7/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Apr 16, 2023
. Review-1 Ive been using Panaceas procurement software, Panacea, for all our organizations procurement and supply chain requirements and have been generally impressed. The software offers the classic features we would expect, such as cost efficient purchase order and inventory tracking, with the added bonus of being extremely user friendly. What really stands apart though is the integration that the software offers. For example, a project requiring multiple materials from multiple suppliers can be easily handled by Panacea this is one of the features that makes it an essential tool in our research and development division. Besides being an intuitive and adaptable program, the team at Panacea Software also provides an exceptional customer service experience. Overall, Id say Panacea is an excellent choice for anyone looking for a more streamlined procurement system. Of course, such an offering doesnt come cheap, but the value for money conclusively outweighs the investment. 9/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Apr 14, 2023
PANACEA SOFTWAREs procurement software is an excellent product that provides an easy way to manage purchasing, track vendor relationships, and ensure accuracy of cost data and procurement documents. I have been using the software for some time now and have found it to be reliable, user-friendly, and comprehensive yet cost-effective. The product vision behind PANACEA SOFTWARE is evident in the scope of their product offerings. They have put significant effort into making sure that the software covers all of the important aspects of a modern procurement process. This includes various modules for contract management, supplier onboarding, supplier evaluation and review, document management, vendor performance tracking, and cost forecasting. When it comes to product features, PANACEA SOFTWARE definitely delivers. The software offers features such as automated data capture, easy drag-and-drop user interfaces, intuitive reporting and analytics, and built-in document creation and versioning. Additionally, users can use the software to store supplier information and track supplier performance. The cost of ownership with PANACEA SOFTWARE is relatively low when compared to similar software in the market. The software is available for a fee per user per month, which makes it more affordable for businesses to implement. The company also offers additional services, such as training and custom development, that can help reduce the total cost of ownership. Finally, the customer service provided by PANACEA SOFTWARE is outstanding. The team is always available to answer any questions and help resolve any issues that may arise. They are incredibly responsive and go above and beyond to ensure that their customers have the best experience possible. I rate PANACEA SOFTWARE 4.5 out of 5 stars. Review 2
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Apr 14, 2023
Review 3 - Panacea Softwares Procurement Software As an old European buyer, I was looking for a reliable procurement software solution to help me make smarter and faster decisions. After finding Panacea Softwares Procurement Software, I was extremely satisfied with the results. It is incredibly user-friendly and the navigation allows me to quickly spot necessary requirements. It also offers various filters and search functions so that I can source the right items faster. The solution is also easy to integrate with other products, which is a great time saver. Furthermore, I found the software to be cost-effective. It was easy to afford and fit seamlessly into my budget. The customer service was also exemplary in helping me to understand the product better and solve any issues that I faced. I would highly recommend Panacea Softwares Procurement Software to others for both the features and the excellent customer service experience. Rating: 5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Apr 11, 2023
I have been an engineering manager for a manufacturing firm for the past few years, and I recently implemented Panacea by PANACEA Software as our procurement software. I have been very impressed with the systems capabilities, starting with its interoperability and integration capabilities. Rather than having to constantly switch between programs to pull information and data we needed, the software proved to be highly integrated, syncing with existing features and providing easy access to information needed. This saved our team a tremendous amount of time between projects. The customer service provided by PANACEAs staff was also very helpful in getting us up and running with the Panacea software. They answered all of our questions with clear, concise answers and also were helpful in connecting us with tech support when we were having technical issues. Overall, I would highly recommend Panacea procurement software to anyone looking for a comprehensive solution. The software was very easy to use and worked exactly as its documentation said it does. The customer service staff was very friendly and knowledgeable. I give this software an 8/10 rating.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Apr 09, 2023
4. Panacea Software recently released a procurement software application called Panacea, and its been a great pick up for my R&D team. As the head, Id rate it an 8/10 for its innovation and use of next-generation technology and a 9/10 for ease of use & configuration. The applications intuitive interface and drag-and-drop templates make it incredibly user-friendly, even for non-technical team members. Also, the systems AI-driven predictive analysis has made it easier to surface related components and items accurately across a variety of suppliers, saving us time and money. Whats more, our team has been able to leverage exclusive supplier deals thanks to the streamlined request for quote (RFQ) feature. Finally, the compliance controls and automatic document generation have been useful in avoiding potential issues with sourcing and procurement materials. To summarize, Im very pleased with Panacea procurer software and the efficiency and ease it has brought to my teams workflow. I highly recommend it for any organization looking to streamline their procurement processes.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Apr 09, 2023
2 I have had the pleasure of using PANACEA SOFTWAREs procurement software, and the results have been truly remarkable. As a customer, I find the user interface to be quite user friendly and easy to use. The overall innovation of the product is quite encouraging. The software offers features such as automated contracts, AI-driven analytics, and customer insights and analytics. This has made it easier for me to manage my contracts, allowing for quick retrieval of the data and analysis of the results. I was also impressed by the use of next generation technology such as blockchain which allows for a secure, remote access to contracts. Additionally, I found the customer support to be great, as I often received responses to my queries about the product in a timely manner. Taking all these considerations into account, I would give PANACEA SOFTWAREs procurement software a rating of 4.9 out of 5, given its excellent innovation and use of technology.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Apr 07, 2023
Review 3: I was recently introduced to Panacea Softwares Procurement Software offering, known as Panacea and Im extremely pleased with the product. Our procurement process has been simplified thanks to this software solution. The vision behind Panacea Procurement Software is genius. Its user-friendly interface makes it easy for us to use and Im in full control of the process. The centralized platform provides me with all the information I need when it comes to my vendor partnerships. The features Panacea provides are incredibly useful. Automated messages are sent to remind me of my payment obligations and the tracking feature makes it easy to monitor the performance of my vendors. The integrated analytics capabilities are impressive and will help me make more informed decisions. When it comes to cost of ownership, Im delighted with Panacea. Its reasonably priced and offers tremendous value for money. Despite the lower price tag, Panacea still manages to provide all the features I require. In conclusion, Im very satisfied with Panacea Procurement Software and I highly recommend it. I would rate it 4.9 out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
Apr 06, 2023
4 I recently started using PANACEA SOFTWAREs procurement software and have been quite satisfied with the overall performance. As a first time user, I have found the software to be quite user friendly, making it ideal even for those with little to no experience using procurement software. In terms of innovation, I felt the automated contracts and customer insights and analytics capabilities quite impressive. Additionally, the use of next generation technology such as blockchain made it possible for me to access my contracts securely from any location. Although the customer support team is quite helpful, I had to wait a bit for their responses at times. All in all, taking all these into consideration, I would give PANACEA SOFTWAREs procurement software a rating of 4.2 out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Apr 05, 2023
Review 4 I recently had the opportunity to use Panacea Softwares Procurement Software offering, Panacea. As a supplier partner, I was quite impressed by the features of this software. It is comprehensive and comprehensive, yet very user-friendly. As a result, it was very easy to get the hang of using this software. The technology behind Panacea is cutting edge. It relies on sophisticated algorithms that enable businesses to make decisions based on real-time data analysis. Additionally, the software can predict potential issues and highlight areas of improvement. This ensures that businesses are equipped with the necessary tools to maximize efficiency and profitability. The use-cases that are supported by Panacea are also quite advanced. It is capable of automatically detecting and analyzing patterns and forecasting outcomes. This helps businesses to remain proactive and optimize inventory levels. Overall, I am very satisfied with Panacea Softwares offering. I would rate it 4.7 out of 5 stars for its level of innovation and futuristic use-cases.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Mid Market Company
Apr 04, 2023
Review 5 - PANACEA software Procurement Software: I was recently asked to review PANACEA softwares procurement software for a client. The feature set is extensive, enabling users to quickly and easily search and order products. That being said, I can only give PANACEA software two stars. The user interface is difficult to use and doesnt provide the level of efficiency that one would expect. Furthermore, their customer service staff is unwilling, or unable, to properly address any issues. Finally, their pricing is inflated and much more expensive than other services. If you have frequent procurement needs, then the steep cost is worth it, but for those who dont utilize procurement software on a frequent basis, I would suggest shopping for a more economical competitor.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Apr 04, 2023
3.I have been using Panacea Softwares Procurement Software, Panacea, for a few months now, and I must say I am very impressed. The system is user friendly and easy to navigate. It allows users to customize their systems according to their particular needs. I also think that Panacea offers exceptional customer service. Whenever I have encountered any challenges, the support team has always been able to quickly and accurately provide a solution. Additionally, Panacea offers numerous third party integration capabilities, allowing us to easily create a procurement system that best fits the needs of the organization. Rating: 4.5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Apr 04, 2023
Review #5 I recently purchased the Procurement Software offered by Panacea Software. It is a great workflow-based software tool used for purchasing goods and services. The user interface is simple and easy to use. I was able to quickly create customised workflows and automate the decision-making process. The softwares analytics capabilities are really impressive. It generates detailed reports of the entire purchasing process from start to finish. Overall, I believe the software from Panacea Software is a great tool for organisations looking to streamline their procurement processes. It has great features and is designed to help save time and money. While it is an innovative and futuristic piece of software, I think its current price tag might make it a bit too expensive for small businesses. Rating: 8/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Mar 31, 2023
I recently started using Panacea from PANACEA SOFTWARE and I really enjoyed the overall experience. The product vision was well thought out, making it easy for me as a Supplier Partner to connect with customers and quickly create proposal quotes for them. The user interface looks great and the navigation is super intuitive. I dont need to worry about going in to the deep side of things, I can get the job done in a few clicks. The features this software offers is amazing, I can easily save time when creating my quotes and bids. The realistic bidding process it simulates makes me sure that I am always providing a competitive quote to my customers. One of my favorite features it offers is the views and shared options it offers to me and customers. Its a great way to track the progress of my proposals and understand what customers want. The cost of ownership for Panacea is not too bad. I think it is extremely reasonable for the amount of services and features it offers in return. I would rate it with an 8 out of 10 and definitely recommend it to other Supplier Partners. Review 5
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Mar 31, 2023
Review 3 - Interoperability and integration Im the owner of a small business and recently I had to manage the procurement process of our company. So, I decided to give Panacea Softwares Procurement Software a try. Im glad I did because it streamlined and automated the entire process. One of the aspects that I liked the most is that it allowed me to integrate with our existing inventory management, accounting, and CRM systems. This makes it really easy for me to access all my data without having to manually input anything. Additionally, the integration also makes it easy to track progress and to monitor orders. I highly recommend Panacea Softwares Procurement Software to anyone in need of an automated, easier solution to manage the procurement process. Weve found it helpful and really great value for the money. I give it a 9 out of 10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Mid Market Company
Mar 31, 2023
This review is for Panacea Softwares Procurement Software offering called Panacea. From my experience, I can confidently recommend it to other suppliers. Ive been using Panacea within my organization and have found it to be quite impressive. At a glance, Panacea is a comprehensive procurement solution thats easy to setup, operate, and maintain. It offers a wide range of features and solutions that enable us to save time and money. For me, the biggest selling point is the products interoperability and integration. The product integrates seamlessly with our existing ERP and financial systems and we can easily integrate with third-party providers and suppliers. Another area where Panacea excels is its product vision and product features. When the product was designed, the creators understood the problems that suppliers face and provided solutions to address them. The product features are highly intuitive and configurable, so its easy to customise the platform to our exact needs. On the whole, I rate Panacea 4.5 out of 5. Its an excellent procurement solution that offers great scalability and robust integration solutions. I would highly recommend it to other suppliers looking for a reliable and powerful platform.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Mar 31, 2023
Im responsible for the Research and Development department of a small enterprise, and am tasked to research the best procurement software out there. After much searching, I decided to go with Panacea from Panacea Software. So far, Im satisfied with what Ive seen. Their product vision is quite impressive. It provides my team with a complete solution for handling all our procurement needs, from sourcing to managing. The ease of use is also great. The user interface is very intuitive, and the drag-and-drop feature makes placing orders a breeze. Additionally, the dashboard is useful for seeing any problems right away. Plus, their customer support team is amazing. Whenever we need any help, they are always ready to assist us and provide timely solutions. Overall, Id give Panacea a 4.7/5. It has a clear, well-defined purpose and its features are incredibly useful. Plus, its user-friendly design and excellent customer support makes it the perfect tool for streamlining the procurement process.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Mar 31, 2023
#5 Having used Panacea Softwares Procurement Software, Panacea, I am very enthusiastic about the experience. Right off the bat, I was impressed by how easy it was to set up. All I had to do was input a few basic details and I was good to go. Furthermore, I was able to customize the software to fit my companys specific needs in no time at all. What was especially wonderful was the softwares suite of features. Whether I was tracking and managing purchase orders, suppliers and contracts, or creating reports, the software was able to handle everything efficiently and effectively. Additionally, I found it reassuring that Panacea had futuristic uses cases in mind. Knowing that our procurement operations were flexible and capable of dealing with whatever may come in the future gave me a sense of security and confidence. In conclusion, I am delighted by my experience with Panacea. If youre in search of a procurement software, I would urge you to consider this one. I would rate this amazing product 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Mar 30, 2023
5. Panacea Procurement Software: I have been using Panacea Procurement Software for the past few months and would not recommend it to other organizations. The product vision is insufficient, the product features are lacking, and the cost of ownership is surprisingly high. The product features are far from comprehensive. Despite offering some useful features such as tracking supplier performance and purchasing and receiving orders, it lacks some advanced features that could make the software more powerful. This makes the software quite limited and basic. In addition to that, the cost of ownership is also quite high. Despite being supposedly a “budget-friendly†solution, the annual license fee is surprisingly high, as are the setup and ongoing maintenance costs. This makes it cost-prohibitive for us. Overall, I rate Panacea Procurement Software a 1 out of 5 for its cost of ownership. Despite offering a few decent features, the cost is far too high for any organization.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Mar 29, 2023
. Review 1: I would like to start off by saying that Im very impressed with Panacea Softwares Procurement Software offering known as Panacea. I use it in my organization as the R&D Head and it has immensely helped us with our procurement needs. The vision behind Panacea Procurement Software is intuitive and with its user-friendly interface, it has made our procurement process a smooth experience. We have plenty of control over the entire process and the vendor management system is well-structured. With a centralized platform, now all my team can access the approved vendors in one place. This has saved us a lot of time and effort. The product features offered by Panacea are quite impressive. Automated notifications make sure that communications remain consistent and that payment obligations are met without fail. The tracking features are also very helpful in keeping a tab on how our vendors perform. Moreover, the analytics capabilities are very useful for making informed business decisions. The cost of ownership for Panacea is surprisingly very low. Its affordable for small and medium businesses and provides tremendous value for money. Even with its affordable price tag, Panacea provides all the necessary features to fulfill our procurement requirements. Overall, I am highly satisfied with Panacea Procurement Software and hence I will rate it 4.8 out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Mar 27, 2023
Review 4: Im a big fan of Panacea Softwares Procurement Software offering, known as Panacea. It has helped make my job as the R&D Head a lot easier by reducing the amount of time and effort required for procurement. Panaceas product vision is well designed and thought out. The user interface is topnotch and gives me full control over the entire process. The vendor management system is optimized for efficiency and helps keep my vendor relationships organized. The features of Panacea are excellent. The automated notifications allow me to meet my payment obligations while the tracking features give me an idea of the performance of my vendors. Additionally, the analytics offered help me make better decisions related to our procurement needs. Im very pleased with the cost of ownership of Panacea. Despite being reasonably priced, Im still provided with all the features I require for our procurement. It really is great value for money. In conclusion, Im very satisfied with Panacea Procurement Software and will rate it 4.9 out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Mar 27, 2023
. 1. Panacea Softwares Procurement Software offerings has made my job as a young female buyer much easier. Im able to quickly identify the best vendors for the products I need and even track all the purchase orders I place on the system. The software is also great for onboarding new vendors, making it easy to incorporate them into our existing systems. The product vision and features are really impressive, as well as the ability to customize certain parts of the system to make it more user friendly. I give it 4 stars out of 5 because of the user personas being easy to understand and the helpful customer service team. Overall, Im very satisfied and would gladly recommend it to any other buyers out there!
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Mar 26, 2023
Review #5 - In the industry, Ive been dealing with different procurement systems for over 15 years now. But with manual processes becoming a nuisance, I decided to look into automated systems. After quite some hunting, my team and I decided to give Panacea Softwares procurement software a try. Ease of Use: The system was easy to understand and navigate, making it simple to grasp its features. Plus, the customer support from the Panacea Software team was terrific. They diligently guided us through the entire setup process. Interoperability & Integration: It was surprisingly easy to integrate this system with other applications like accounting and CRM software. That helped streamline our processes quickly and efficiently. Whats more, it enabled us to be compliant with all the regulatory authorities. To sum up, the implementation of Panacea Softwares procurement software has been nothing but successful for us. Thats why I would recommend this system to anyone on the hunt for reliable and trustworthy procurement software. You wont regret it, I can assure you. I would rate this system 9/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Mar 24, 2023
Review 3 - Ease of Use I was delighted to find that Panacea was SO easy to use. Setting up my account, creating requisitions, and even switching between multiple sites was made effortless thanks to the user-friendly graphical user interface. I was able to get my procurement process down to a few clicks, and I could not have asked for anything better. Moreover, the ability to compare bids, view pricing, and select the best option greatly helped with my purchasing decisions. Fintespanace a great rating of five stars for its ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Mar 24, 2023
1 My review of Panacea Softwares procurement software, Panacea, is mostly positive. Im the head of R&D at my company, so Im always on the lookout for the latest technologies to help us innovate and stay competitive. Panacea is a top-notch product that I can confidently recommend. Firstly, its incredibly easy-to-use, so I had no trouble introducing it to our team. The intuitive user interface and real-time sourcing capabilities save us a considerable amount of time and energy. Plus, were able to find the best deals on quality products quickly and efficiently. The AI-based analytics and forecasting features are particularly compelling. In addition to helping us optimize our procurement processes, they have also given us amazing insights into our supply chain and which sources offer the best products. Furthermore, the AI-based sourcing tools can be customized to suit our business needs, ensuring that our procurement process is as efficient as possible. And since it integrates with our existing database, we can maximize our ROI by leveraging all of the data we already have. Overall, Im very impressed with the Panacea software. I highly recommend it for any organization looking for cutting-edge procurement technologies. (9/10 in terms of Overall Innovation and use of next generation technology and 10/10 in terms of Supporting futuristic use cases)
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Mar 22, 2023
Efficiency Panacea by PANACEA SOFTWARE is a great Procurement Software for any business that is looking for a highly efficient and cost-effective system. Its amazing how quickly our company is able to process and manage procurements from start to finish. The system is also quite responsive, giving us the capability to track our shipments and their updates in real-time. We even saved a significant amount of money when switching to Panacea and we have been pleasantly surprised at how quickly our procurements have been approaching completion. Our team appreciates the extra time and cost savings this system has afforded us. Rated: 9.2/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Mar 21, 2023
PANACEA SOFTWAREs Procurement Software Review #3 Rating: 4.7/5 I recently had the opportunity to test out PANACEA SOFTWAREs Procurement Software. As an Asian middle-aged male buyer, Im thrilled with the innovative and intuitive user experience that this software offers. The companys product vision was well-executed. They anticipated the demand of user personas by providing well-segmented access to data and automation of the entire procurement process. This helped my team to easily monitor and manage the purchase requests from buyers and also to forecast our future needs in one central dashboard. The customer service was exceptional. Their customer service representatives were courteous, respectful and made sure that our team had a clear understanding of the product. They also held multiple webinars, which enabled us to understand how the software works. I was also particularly impressed with the use of next generation technology that PANACEA SOFTWARE had incorporated into their procurement software. Blockchain-enabled smart contracts and analytics ensure that we always have the most up-to-date information and insights. This simplifies the process and significantly reduces the time taken to make informed decisions. I believe that the value for money is spot-on. The procurement software offers a great return on investment. Its true that its more expensive than some alternatives, but the amount of automation and features provided to us more than made up for it. In conclusion, I highly recommend PANACEA SOFTWAREs Procurement Software and would definitely use this product again in the future.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Mar 19, 2023
We at our company recently switched to Panaceas comprehensive procurement software, and I must say that we really appreciate the results. As an Engineering Manager, it was essential to find a product that was both user-friendly and cost-effective, and this one fits the bill. The software is incredibly simple to use. It has a well-designed interface and I was able to implement it without too much problem. I really love the features that allow for better communication and collaboration, helping to speed up the entire process. Furthermore, the software is incredibly organized and allows us to have a clear view of our purchases and payments. We can quickly see what weve purchased, whats due to be delivered, when its due, and who we need to pay. This is a huge timesaver! That being said, I have to admit that the cost of ownership isnt ideal for smaller companies. The regular licensing fees, maintenance costs, and updates can be expensive. But if you have a larger organization like us, its worth it. To conclude, Im quite satisfied with Panaceas Procurement Software and I would highly recommend it. Ease of use: 5/5, Cost of ownership: 3/5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Mar 18, 2023
2 My review of Panacea Softwares procurement software, Panacea, is very positive. Our company recently began using it, and the results have been nothing short of astonishing. Panacea has revolutionized our whole procurement process. Its real-time monitoring of the entire supply chain has streamlined our operations and made the entire process more efficient. Also, the AI-based analytics provide invaluable insights into our current procedures and help us identify areas of improvement. Moreover, the intuitive user interface makes the software easy to use. And because it integrates with our existing database, we can easily leverage all of the data we already have. Finally, the AI-based sourcing tools can be customized to suit our exact business needs. This ensures that everything runs as smoothly as possible and that we get the maximum ROI from the software. Overall, Im very pleased with the performance of Panacea. Its a great tool that any organization looking for an edge should consider. (8/10 in terms of Overall Innovation and use of next generation technology and 9/10 in terms of Supporting futuristic use cases)
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Mar 18, 2023
As a business manager, I required a streamlined procurement software for our operations and thankfully, I found PANACEA SOFTWAREs Panacea software. This software proved to be highly effective for our business and I am very satisfied with its performance. The first thing that stuck out to me about this software was the level of integration and interoperability. The software synced up quickly with all of our existing programs and we experienced a significant increase in speed with the processes that used to take us days to complete. The customer service team provided us with excellent help as well. From the beginning, they guided us on how to set up the system and helped us respond to any technical queries after we had the software running. They were very responsive and incredibly helpful throughout the entire process. I would highly recommend Panacea software to any organization. This organized and easy to use system has been an effective boon to our operations and purchasing processes. I give it a 9/10 rating.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Mar 16, 2023
## We recently started using Panaceas comprehensive procurement software at our company, and things have certainly changed for the better. As an engineering manager, I was initially apprehensive about the cost of ownership, but Im happy to say that I was pleasantly surprised. The software is incredibly easy to use; I was able to implement it successfully with minimal training and develop our processes from scratch. Its user friendly and offers great options for communication, collaboration and tracking. I appreciate how user-friendly the product is and how quickly I was able to learn and put it into use. However, the cost of ownership is slightly expensive for smaller companies, as it requires regular licensing fees, maintenance costs, and updates. But for larger companies like ours, the overall cost is worth it, as the powerful features and tracking capabilities make the procurement process easier, faster, and more efficient. I also love how organized everything is now! We are able to see exactly what weve purchased, whats due to be delivered, when its due, and when we need to act on payment. This really helps us stay on top of things and never fall behind. Overall, Im really satisfied with Panaceas procurement software and I would highly recommend it. Ease of use: 5/5, Cost of ownership: 3/5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Mar 13, 2023
Review #1 - For over a decade, Ive been managing the procurement process in the industry, the majority of it being manual. I know all too well how tedious and time-consuming it can be. So I recently decided to look into automated procurement solutions, and thats when I stumbled across Panacea procurement software from Panacea Software. I must say, Ive been pretty impressed with the powerful features and capabilities that the system boasts of. Ease of Use: The user interface of the system is incredibly intuitive. It offers a multitude of features and makes everything extremely simple to use. Additionally, the implementation process was rather smooth and quick and I was able to train my employees to understand the process in no time. Interoperability & Integration: Ive been able to easily integrate the system with other applications like CRM and accounting software. In addition, it has allowed me to have a single source of truth, while streamlining all my procurement processes. Thanks to its built-in automation functionalities, it has eliminated duplication and enhanced government compliance. Overall, my experience with Panacea Softwares procurements system has been pretty satisfactory. It has helped me save time and resources and I would definitely give it a 9/10 rating.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Mar 13, 2023
#2 Ive had the opportunity to use Panacea Softwares Procurement Software, Panacea, and Im really glad I did! The user experience was top-notch, with a setup that felt almost seamless. I was able to quickly configure and customize the software with surprising ease. The step-by-step tutorials were also instrumental in getting up to speed quickly. The software itself was robust and full of features. Whether I was tracking purchase orders, suppliers, or contracts, Panacea was able to handle it all with grace and efficiency. I was pleasantly surprised as to how much time and energy I was able to save, allowing me to quickly focus on more important tasks. But beyond its ease of use, what I found most impressive about Panacea was its ability to anticipate futuristic use cases. As a Procurement Manager, this is an important quality to have. With Panaceas advanced features, Im able to worry less about scalability and more about delivery, knowing that I can handle any challenges thrown my way. Overall, Im extremely satisfied with my experience with Panacea. If youre in the market for a robust procurement software, I would highly recommend giving Panacea a try. In my eyes, this software deserves a rating of 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Mar 10, 2023
Review 3 on Panacea Softwares Procurement Software Ive recently started using Panacea Softwares Procurement Software and Im quite pleased with it. The product vision is quite pragmatic and easy to understand. The features are really helpful for managing my procurements and suppliers. The user-friendly interface is fantastic. I was quickly able to generate lots of reports on my vendors and their performance. I now know exactly who tends to place orders with me and which ones require more attention. The software also allows me to quickly authenticate my orders so I can make sure Im running a compliant business. The value for money is also remarkable. Ive already saved an immense amount of money since I started employing Panacea Softwares Procurement Software. I often make sure to turn off all unnecessary machines to save energy and this product helps me to do that. Im very impressed with Panacea Softwares Procurement Software and rate it 9 out of 10. Everyone should take advantage of it.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Mar 09, 2023
The procurement software offered by PANACEA SOFTWARE is a powerful, comprehensive, and cost-effective solution for businesses who need to manage their procurement process. I have been using the software for a while now, and I have been very impressed with the quality and user-friendliness of the software. One of the things I appreciate the most about the product vision behind PANACEA SOFTWAREs procurement software is that it has been designed to cover all of the most important aspects of modern procurement processes. This includes modules for contract management, supplier onboarding, vendor performance, document management, and cost forecasting. When it comes to product features, PANACEA SOFTWARE offers an impressive selection. The software offers an intuitive drag-and-drop user interface, automated data capture, and integrated reporting and analytics. Additionally, the software also offers features such as document creation and versioning, supplier evaluation and review, and vendor performance tracking. The cost of ownership with PANACEA SOFTWARE is also quite reasonable when compared to other software in the market. The software is available for a fee per user per month, and additional services, such as training and custom development are also offered at a reasonable cost. Finally, the customer service provided by PANACEA SOFTWARE is excellent. The team is always available to answer questions, provide guidance, and help resolve any issues that may arise. I rate the team 4.9 out of 5 stars. Review 4
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Mar 08, 2023
This review is for Panacea Softwares Procurement Software offering called Panacea. Having used the product, I can provide an honest opinion and would recommend it to other suppliers. Ive come to depend on Panacea and have been quite satisfied with the results. At a glance, Panacea is an impressive solution and its easy to setup and operate. One of the most impressive aspects is its interoperability and integration, which allows us to save time and money. Its integration with our existing ERP and financial systems has been seamless, and we can easily integrate with multiple third-party providers and suppliers. This is great for our business. Another area Panacea shines in is its product vision and product features. The product was designed with a real-world perspective and the features are incredibly intuitive and easily configurable. We can customise the platform to our exact needs and this has saved us a lot of time and effort. On a whole, I give Panacea a 4.5 out of 5 rating. Its a fantastic procureme solutions that offers great scalability and integration solutions. I would definitely recommend it to other suppliers looking for a robust and reliable platform.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
Mar 08, 2023
PANACEA SOFTWAREs Procurement Software Review #5 I have been an avid user of PANACEA SOFTWAREs Procurement Software for the past few months and I am highly satisfied with its features and the impact it has had on our procurement processes. As a senior management professional, I particularly appreciate the product vision, features, and overall innovation of the software. The product vision for this software is clear in its purpose to make procurement processes as efficient and transparent as possible. It does this by offering features that meet the needs of various user personas. For example, the ability to customize workflow and process based on department need allows senior management professionals better control over the process. This helps to ensure that the process runs smoothly while maximizing the efficiency of the procurement team. The product features provided by PANACEA SOFTWARE are also robust. They enable users to track, organize, and monitor orders, deliveries, and supplier information. In addition, the analytics capability provides the user with an in-depth view of the entire process, allowing for better decision-making. The software is also very user friendly. An intuitive user interface makes it easy to use, even for those with minimal experience. This allows the software to be used by a variety of user personas in the organization. The cost of ownership for PANACEA SOFTWAREs Procurement Software is also very competitive. The pricing model makes it easy for users to purchase the necessary licenses for their organization and configure them according to their needs. This allows for maximum value for money spent. Finally, the software is highly interoperable and integrates easily with other databases and systems. This ensures that the software works with any existing system and can easily be integrated with new systems and software. Overall, I am highly impressed with PANACEA SOFTWAREs Procurement Software. The product vision, features, ease of use, cost of ownership, interoperability and integration, and overall innovation all contribute to making this product a great choice for any organization. I give it 5 stars out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Mar 07, 2023
3. I recently had the luxury to review Panacea Softwares Procurement Software offerings and was pleased with what I saw. As a young female buyer, I was overwhelmed with the product vision and features. It has enabled me to have better control over my sourcing activities and to track where I have placed purchase orders. This has saved me time and money as well as helping me to identify new vendors quickly. I also liked the user personas, which allowed me to navigate the product easily. Nevertheless, I feel like there is still a slight room for improvement, which is why I rate it 4 out of 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Mar 07, 2023
We have been using Panaceas Procurement Software for some time now, and I must say that we are quite happy with the results. As an Engineering Manager, it was essential to find a software that was user-friendly and cost-effective, and this one fits the bill perfectly. The software is incredibly easy to use. It has a user-friendly interface that requires minimal training and allows us to customize our processes according to our needs. I appreciate how straightforward the product is and how quickly I was able to learn and put it into action. Additionally, ordering and tracking supplies is now a breeze. We can quickly see exactly what weve purchased, whats due to be delivered, when its due, and who we need to pay. This speeds up our processes, saving us precious time and resources, which is a huge plus point. However, I have to say that Im slightly concerned with the cost of ownership. The software requires regular licensing fees, updates and maintenance costs which can be expensive, especially for smaller companies. But unfortunately, if you have a larger organization like us, you have to pay the price. In conclusion, Im overall satisfied with the Panacea Softwares Procurement Solutions and I give it a 4/5 rating. Ease of use: 5/5, Cost of ownership: 3/5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Mar 05, 2023
Review 4: I am really happy that I went with Panacea Softwares Procurement Software. This software has completely streamlined our procurement processes and made them so much easier and faster to handle. The softwares automated processes and machine learning capabilities have been a great help, as we are now able to anticipate and prepare for potential orders quickly. This has definitely given us a competitive edge in the market. The customer service team at Panacea has also been really helpful and responsive. Whenever I have had an issue with the software, they have been very prompt in providing me with assistance and solutions. Therefore, I would highly recommend Panacea Softwares Procurement Software to any business in need of an efficient and reliable sourcing system. I give it a rating of 9/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Mar 04, 2023
3 As an international buyer, I rely heavily on PANACEA SOFTWAREs procurement software. The latest updates to the platform have really made it easier for me to manage my contracts and purchases. I found the user interface to be quite friendly and easy to use, making it suitable even for beginners. When it comes to innovation, I have been quite impressed with the features included in the software. For example, the automated contracts, AI-driven analytics, and customer insights and analytics have made it much easier for me to manage my contracts and data. Furthermore, the use of next generation technology such as blockchain offered me a secure and remote access to the data, ensuring data security. In terms of customer support, I found the team to be quite helpful and willing to offer assistance whenever I required it. Taking all these into consideration, I would give PANACEA SOFTWAREs procurement software a rating of 4.7 out of 5, for its innovation, technology, and user-friendly interface.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 28, 2023
Review 4 - Panacea Softwares Procurement Software As an old European buyer, finding the right procurement software is essential for me to ensure I am getting the best deals on the materials that I need. After testing various software solutions, I have found that Panacea Softwares Procurement Software is the right fit for me. The software offers intuitive navigation, allowing me to quickly source and discover the products that I need. Additionally, the platform offers various filters and search options within the system, helping me to quickly find the specific items I am looking for. The pricing structure of the software is also very reasonable and fits perfectly within my budget. Plus, the customer service was very helpful, attentive and always answered my questions quickly. I would highly recommend Panacea Softwares Procurement Software to anyone looking for an easy and cost-effective procurement solution. Rating: 5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 27, 2023
3 My review of Panacea Softwares procurement software, Panacea, is mostly positive. As the head of R&D at our company, Im charged with identifying the latest and best technologies on the market. Panacea is certainly one of them. To start off, it integrates seamlessly with our existing database and makes real-time sourcing easier and faster than ever. Moreover, the AI-based analytics and forecasting features have given us astounding insights into our supply chain and which sources offer the best products. Additionally, the user interface is intuitive and requires only minimal training to use. This made the transition from our old procurement system incredibly easy. Last but not least, the AI-based sourcing tools can be customized to meet our specific business needs. This ensures that we can get the most out of the software and maximize our ROI. All in all, I can highly recommend Panacea to any organization looking for a procurement solution. (8/10 in terms of Overall Innovation and use of next generation technology and 10/10 in terms of Supporting futuristic use cases)
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Mid Market Company
Feb 24, 2023
PANACEA SOFTWAREs Procurement Software Review #3 I recently took over the management of the procurement process in my organization and was advised by my team to use PANACEA SOFTWAREs Procurement Software. From the first day of using the product, I realized that it was a great choice, as it provides all the features and capabilities needed for managing the procurement process effectively. The product vision of this software is highly beneficial for senior management professionals. It seeks to ensure that procurement processes are efficient, flexible, and transparent. For example, through the ability to customize the workflow and process for each department and user persona, it allows for greater control over the entire process. In addition, the analytics capability provides the user with a thorough understanding of the progress of the procurement process. The product features included in the software enable users to track, organize, and monitor orders and deliveries, as well as supplier information. This provides a complete view of the procurement process and helps to ensure that the process is on track. The intuitive user interface also makes it user friendly and easy to use, even for those with minimal experience. The cost of ownership for PANACEA SOFTWAREs Procurement Software is also very competitive. The pricing model makes it easy for users to purchase the necessary licenses for their organization and configure them according to their needs. This flexibility in the pricing structure provides great value for the money that is invested. Moreover, the software is highly interoperable and integrates easily with other systems and databases. This ensures that the software is compatible with any existing system and is easily integrated with new systems and software. Overall, I am very impressed with PANACEA SOFTWAREs Procurement Software. The product vision, features, ease of use, cost of ownership, interoperability and integration, and overall innovation all contribute to making this product a great choice for any organization. I give it 5 stars out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 24, 2023
PANACEA Softwares Procurement Software: Review 1 - Ease of Use I recently tried out PANACEA Softwares procurement software, Panacea, and I must say I was impressed by the ease of implementation and use. The user interface was straightforward and intuitive, allowing me to quickly set up my account and create requisitions with no difficulty. I especially liked the ability to administer multiple sites with just one account and to quickly review vendor bids and pricing. The flexibility to easily compare different quotes and select the best option made my procurement process smoother than ever before. Without a doubt, I am satisfied with PANACEAs product and rate it a solid five out of five stars for its ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Feb 23, 2023
#4 I recently had the privilege of using Panacea Softwares Procurement Software, Panacea. I must say that the overall experience was beyond satisfactory! This software was incredibly easy to use thanks to its intuitive setup. I was able to input a few key details and I was up and running in no time. The features that this software offered were especially remarkable. I was able to quickly and effectively manage purchase orders, suppliers, and contracts with ease. This was far better than I expected and played a major part in saving me a great deal time and energy. Finally, I found it highly impressive that even for more challenging use cases, the software had no problem handling them. This gave me confidence knowing that our procurement operations were secure and ready for any future situations. Therefore, I am ecstatic with my experience with Panacea. Id definitely recommend this software to anyone who needs a reliable and efficient procurement solution. I would rate this software 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 22, 2023
I have been using PANACEA SOFTWAREs procurement software for a while now and I have to say that I am very pleased with the product. The software offers a comprehensive set of features that make it easy to manage purchasing, track supplier relationships, and ensure accurate cost data and documents. The product vision behind PANACEA SOFTWARE is evident in the scope of their product offerings. The software covers all the important areas of modern procurement processes, including both contract management and supplier onboarding. It also offers features such as automated data capture, intuitive reporting and analytics, and built-in document creation and versioning. When it comes to product features, PANACEA SOFTWARE certainly offers a lot. The software is easy to use and navigate, with intuitive drag-and-drop user interfaces. It also stores supplier information and tracks supplier performance, making it easy for businesses to keep track of important metrics. The cost of ownership with PANACEA SOFTWARE is also quite reasonable. The software is available for a fee per user per month, which makes it much more accessible for businesses on a budget. The team also offers additional services, such as training and custom development, that can help reduce the total cost of ownership. Finally, the customer service provided by PANACEA SOFTWARE is outstanding. The team is always available to answer questions and help resolve any issues that may arise. They really go above and beyond to ensure that their customers have the best experience possible. I give PANACEA SOFTWARE 4.8 out of 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Feb 21, 2023
Review 1 I recently started using PANACEA SOFTWAREs Procurement Software offerings, and I must say Im very impressed. As an older woman, I was looking for a solution that was easy to use and reliable. This procurement software meets my criteria! The setup process was utterly straightforward. All I had to do was enter relevant information about my company and the system was up and running in minutes. Im also pleasantly surprised by the features on offer - everything from purchase order management to supplier relationship management is available in one single system. The software also allowed me to automate day-to-day procurement activities like sourcing, supplier selection, evaluation and negotiation. Further, my stakeholders were also taken into account while designing the procurement module - different users personas are supported with different level of accesses. Talking about its communication benefits, PANACEA SOFTWARE has impressive interoperability and integration capabilities. In addition, it is also cost-effective with a competitive pricing structure and great value for money. I would definitely recommend the procurement software offerings of PANACEA SOFTWARE to anyone. My overall experience so far has been nothing less than great. 5 stars!!
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Mid Market Company
Feb 21, 2023
Review 5 I recently had the opportunity to try out PANACEA SOFTWARE for my organizations procurement needs, and I was pleasantly surprised. As an older woman, I was looking for a software that is easy to use and reliable. The software proved to be a great fit for my requirements! The setup process was surprisingly straightforward, and it didnt require me to go through any complex technical processes. Additionally, I was impressed by the features it offered - from purchase order management to supplier relationship management, everything was available in one place. I also liked the ability to customize access rights of different users that further allowed me to rest easy knowing that data security was ensured. In addition, the software provides great interoperability and integration capabilities which allowed for seamless communication among users. Furthermore, the cost of ownership associated with the software is relatively low, and it provides great value for money. All in all, I would highly recommend PANACEA SOFTWAREs procurement software offerings. 4.7 stars!
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Feb 20, 2023
Review 3 Recently, I switched to PANACEA SOFTWAREs procurement software offering, and I am really impressed. As a person in the 60s, I was looking for a system that is user-friendly and not too technical. This system satisfied my requirements and more! It was very easy to set up the software. I was pleasantly surprised to find that all I had to do was enter some basic details about our company, and the system was setup in minutes. I was also quite impressed by the features and functions it offered from purchase order management to supplier relationship management. The software also has great interoperability and integration capabilities which allowed for seamless communication among users. I was also glad that it didnt require a huge financial outlay to get started, which makes it cost-effective and a great value for money. All in all, I must say that PANACEA SOFTWAREs procurement software offerings have been incredibly useful. I would highly recommend it to anyone looking for a reliable procurement solution. 5 stars!
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Feb 20, 2023
Review 4 on Panacea Softwares Procurement Software I recently switched to Panacea Softwares Procurement Software and Im quite pleased with it. The product vision is very well thought-out and it offers lots of features that are helpful for managing my procurements as well as suppliers. The user experience is top-notch. I easily generate reports on my vendors and their performance. It also helps me to authenticate my orders so I can be sure Im running a compliant business. The value for money is also amazing. Ive already saved a lot of money since I switched to this software from the one I was using previously. Plus, I have more control over my purchases which means I stay within budget. Im delighted with Panacea Softwares Procurement Software and rate it 9.5 out of 10. Its a great tool and I highly recommend it.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
Feb 19, 2023
I recently started using PANACEA SOFTWAREs Procurement Software offering called Panacea, and I think it is a great piece of technology that offers me many advantages as a Supplier Partner. The product vision is fantastic, allowing me to easily connect with customers and quickly create a bidding process to provide my services and products to them. Also, the user interface looks great, and it is so easy to navigate. With its cutting-edge features, I easily save time and energy when proposing quotes and bids to my customers. In terms of the product features, Panacea covers almost every aspect of what I normally look for in a software offering. It has a very realistic bidding process that simulate the real market and make me sure that the quote I am making is right and competitive. Moreover, the views and shared options that it offers to customers and Supplier Partners like me, is fantastic. I can track the progress of my proposals easily and form a better understanding of my customers needs. I really appreciate how Panacea is not too expensive. There are a lot of options that you can use with a Free version, and the additional cost is really reasonable depending on the services and features you want to use. I would rate Panacea with an 8 out of 10, since most of the features I look for in a procurement software are there. Id definitely recommend it to other Supplier Partners. Review 2
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 18, 2023
Review #3 I recently purchased the Procurement Software from Panacea Software and I am quite pleased with its performance. The software is designed to simplify the purchase process and increase overall efficiency. I was positively surprised with the user interface. Its clean, intuitive and easy to use. I could quickly create customised workflows and automate the decision-making process. The workflow process is designed to help you get the best possible price for the goods and services you need. The tracking and analysis tools are incredibly extensive and detailed. I can see all aspects of the supply chain process, from tracking where orders have been placed to analysing the most efficient decision options. All in all, I am very satisfied with the Procurement Software from Panacea Software. It has great features and is designed to take the procurement process to the next level. Rating: 8/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Feb 17, 2023
Review 3: I have been using Panacea Softwares Procurement Software for some time now, and I have to say that I am very pleased with it. It has definitely made our procurement process a lot easier and faster. The softwares automated processes and its machine learning capabilities have been extremely useful in predicting potential orders and preparing us to meet our customers needs. This has greatly reduced the amount of time we spend sourcing materials, and has allowed us to get our products to our customers much faster than before. Also, the customer service team at Panacea has been fantastic. Whenever I have had a problem with the software or a question, they have always responded quickly and provided helpful advice. They are always willing to go the extra mile to make sure I am taken care of. I highly recommend Panacea Softwares Procurement Software to any business looking for an efficient and reliable way to source materials. I rate it an 8/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 15, 2023
Review 5 - Interoperability and integration I recently decided to take the plunge and start using Panacea Softwares Procurment Software for my small business. Im glad I did because its proven to be an invaluable tool for managing my purchases. One of the best features of this software is the ease of integration. Its compatible with all kinds of existing systems, such as inventory management, accounting, and CRM systems. This means I can track my purchases in one place. Plus, I dont need to manually input any data. I highly recommend Panacea Softwares Procurement Software to small businesses that need an automated, easier solution to manage the procurement process. Plus, its great value for money. I give this software a 9 out of 10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Feb 15, 2023
5. Ive recently been using Panacea Softwares Procurement Software application, Panacea, and Im impressed with the results. The innovation and use of next-generation technology as well as ease of use & configuration rate it as a solid 8/10 from my perspective as the R&D head. Panacea allowed us to quickly source components and purchase materials across multiple suppliers with just a few clicks. The AI-driven predictive analysis was also useful in unearthing related items quickly and accurately. Whats more, we have even been able to utilize exclusive supplier deals through the systems built-in request for quote (RFQ) feature. The cost savings on components and materials has been a game changer, but the system has also been valuable in streamlining our compliance measures - automatically generating required paperwork and verifying data in almost no time. Overall, Im very impressed with Panacea Softwares Panacea Procurement Software and the enhancements its brought to my team. Id highly recommend it to any R&D organization.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Feb 14, 2023
Review 1: I was really impressed by Panacea Softwares Procurement Software offering - Panacea. This software is like no other - it supports futuristic use cases and provides easy to use customer service. I adopted this software for my business and could immediately see a difference in efficiency. The softwares machine learning capabilities allow us to anticipate potential orders and prepare accordingly, which has given us a competitive advantage. The automated procurement process is also very user-friendly, it provides step-by-step guidance and simplifies the entire procurement process. The customer service team at Panacea is also very supportive and helpful. Whenever we have any kind of issue, they are very prompt in responding and providing solutions. They are always available to answer any questions and provide advice. Overall, I am very pleased with this product and highly recommend it to any business owners who need a powerful and efficient procurement system. I rate Panacea an 8/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Feb 13, 2023
This review is for Panacea Softwares Procurement Software offering called Panacea. Im a supplier partner who has been using the product and can provide an honest and accurate review. Overall, Im quite satisfied with the product and can confidently recommend it to other suppliers. To give more context, Panacea is a comprehensive procurement solution which is easy to setup, use and maintain. Its impressive feature set, scalability, user-friendly interface, and robustness have certainly impressed me and I have come to rely on it within my organization. One area where Panacea shines is in its interoperability and integration. The product easily integrates with our existing ERP and financial systems, allowing us to save time and money. We can also integrate with multiple third-party providers and suppliers easily, which is great for our business. Another area where Panacea truly stands out is its product vision and product features. The product was designed with a real-world perspective, understanding the problems that suppliers face and providing the solutions to meet them. And the product features are intuitive and highly configurable, allowing us to customise the platform to our exact needs. To conclude, I give Panacea a 4 out of 5 rating. Its a superb procurement solution that offers a wide range of features and integration possibilities. Its especially useful if youre looking for a scalable and reliable platform.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 11, 2023
As the R&D head at a large enterprise, Ive recently been looking for the best procurement software to help my team. After a lot of research, we ended up deciding on Panacea from Panacea Software. So far, Im content with the results. Their product vision is quite bold. Every feature is designed to aid us in handling a variety of tasks with ease. My team finds it especially helpful, since it gives us a comprehensive solution. The user interface is pretty straight forward too. Placing orders is made simple with its drag-and-drop feature. Additionally, the dashboard clearly presents a view of current operations, which is great for spotting any issues. Their customer support is also great. Whenever weve needed assistance, they have been quick to respond and help us. Id rate Panacea a 4.2/5. It has a great vision and its features are quite useful. Its user-friendly design and excellent customer support makes it a great option for streamlining the procurement process. Review 5
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Feb 11, 2023
Overall Innovation Panacea by PANACEA SOFTWARE is an example of next-generation technology taking procurement leadership and innovation a step ahead. It not just supports agile, effective and secure purchase process, but also leverages innovative real-time analytics for procure-to-pay processes and monitoring of supplier performance. This does not just eliminate mistakes and false commitments but also results in improved efficiencies and cost reductions. Our team is able to track various trends and maximize budget before and after any purchase. Adding to this, predictive analytics and machine learning capability brings in a new realm of post-production assessment, ensuring supplier performance and relationship goals are met. Rated: 9.0/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Feb 09, 2023
Review 1 - PANACEA software Procurement Software: Im a seasoned consultant, and after using PANACEA softwares procurement software I have to give them a three out of five star rating. While the feature set they offer is quite robust and makes finding and ordering products a snap, I found the user interface to be clunky and unintuitive. Furthermore, the customer service is lacking. There have been multiple situations where I have had issues and have yet to receive a satisfactory resolution. Their pricing is also a downside, with the cost of entry being significantly more than other similar services. For companies that frequently need to find and procure products, PANACEAs software might be a good option, but for companies that only occasionally need to procure, I would suggest looking for a more economical choice.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 09, 2023
Review 4: Ive been using Panaceas procurement solution for several weeks now, and I must admit that I am mightily impressed. The software has made my job so much easier by automating all of the manual tasks I used to have to carry out. The built-in analytics allow me to accurately measure the cost of ownership, giving me a much better understanding of my organizations bidding practices. Ive also been able to fine-tune my vendor selection processes and improve pricing negotiations, as well as reducing the impact of supplier-related problems. Overall, Id highly recommend the product and give it a 9/10 for cost of ownership.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Feb 07, 2023
This review is for Panacea Softwares Procurement Software offering called Panacea. Ive been using this product for a while now and would recommend it to other suppliers. The product has been quite beneficial for my business and I see the potential for it to help other suppliers as well. At a glance, Panacea is a comprehensive procurement solution thats easy to setup, operate, and manage. It offers a wide range of features and solutions that enable us to save time and money. The most important aspect for me is the interoperability and integration. The product integrates with our existing ERP and financial systems, while allowing us to integrate with third-party providers and suppliers. Additionally, Panacea also has a great product vision and product features. When designing the product, the creators understood the problems that suppliers face and provided solutions to address them. And the features are easy to use, understand, and configure, allowing us to customise the platform to our exact needs. To sum up, I rate Panacea 4.5 out of 5 stars. Its a fantastic procurement solution with great scalability and integration solutions. I would definitely recommend it to other suppliers looking for a robust and reliable platform.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Feb 05, 2023
2. In my role as the R&D Head, Im continuously searching for new resources to keep my projects ahead of the curve. Thankfully, I was recently introduced to Panacea Softwares Procurement Software application, Panacea, and its been nothing short of revolutionary. From its implementation of future-proof technologies to its ease of use & configuration, Id rate Panacea as an 8/10. The usability of the system is quite impressive. At the beginning of every technical project, I input the parts and components required, and the system goes to work searching for matching items across a variety of suppliers. Ive even incorporated an RFQ to some of suppliers and brokered an exclusive deal on some of the materials. Configuration of the system is incredibly simple thanks to the intuitive interface and drag-and-drop features. I can easily modify supplier templates, assortment parameters, and even specify custom documentation requirements with just a few clicks. All-in-all, Ive been thoroughly impressed with Panacea and highly recommend it to any R&D team looking for a strong procurement system.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Feb 05, 2023
Review 4 - Value for money offered I recently started looking for a procurement software for my small business, and I stumbled across Panacea Software. After trying it out, I can honestly say that it was a great decision! Their software comes with lots of features included, and most of which youd usually have to pay extra for in other softwares, such as access control, approvals, and order history tracking. The software also allows customization so I can tailor it to my specific needs. All in all, Im beyond impressed with Panacea Softwares Procurement Software. Its made my life a lot easier and provides amazing value. Ill certainly recommend it to my fellow small business owners who are looking to streamline their procurement process. I give this software an 8 out of 10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Feb 04, 2023
Im the R&D head of a moderately sized company, and my team and I have been looking to get a new procurement software to improve our in-house process. We came across Panacea by Panacea Software, and decided to give it a shot. Overall, Im happy with the results. The vision behind their product is notable. Its clear that their product is designed to be a one-stop solution for all procurement-related needs from purchasing to managing. Its especially helpful for my team, since its comprehensive set of features helps manage a variety of sourcing activities. The ease of use is also excellent. The user interface is intuitive, and the drag-and-drop feature helps simplify the ordering process. Not to mention, the dashboard provides a transparent view of operations, which makes it easy to identify problem areas. My team also found that their customer support team is always available and provides prompt solutions when needed. Id rate Panacea a 4.5/5. Its a great product, with a well-defined purpose. Furthermore, their user-friendly features and reliable customer support makes it a great tool for streamlining the procurement process. Review 2
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Feb 03, 2023
Since we switched to Panaceas Procurement Software, our processes have become more organized and efficient. As an Engineering Manager, it was essential to find a product that could help us manage our orders and track suppliers. Panacea does the job! The software is incredibly user-friendly and requires minimal training for implementation. Its straightforward and can be customized to fit our particular processes. I also appreciate the communication and collaboration features which make working together as a team much more efficient. Unfortunately, the cost of ownership can be a bit pricey, especially for smaller companies. Regular licensing fees, maintenance costs, and updates can add up. But fortunately, its worth it if you have a larger organization because the features really help save time and resources. Most importantly, our procurement processes are now more organized and easier to manage. We are able to quickly see what needs to be done next, and when certain deliverables and payments need to be made. This definitely helps increase our efficiency and keeps us from falling behind. To sum up, Im quite satisfied with Panaceas Procurement Software and Id highly recommend it. Ease of use: 5/5, Cost of ownership: 2.5/5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Feb 01, 2023
Panacea Procurement Software: As an R&D Head, my experience with Panacea Procurement Software has been mixed. While the product vision seems to be sound and the product features are suited to our needs, the cost of ownership is surprisingly high and makes me reluctant to recommend this software. The product features are comprehensive, allowing us to conduct all our procurement operations easily. A great advantage is the ability to track supplier performance, so that we can evaluate their quality more accurately and select the right supplier for the right job. Additionally, the user interface is intuitive and user-friendly. However, the cost of ownership is a different matter. Despite the attractive features, the annual license fees are far too high for our budget, making it cost-prohibitive for us. Additionally, the setup and ongoing maintenance costs are also quite high. Given that Panacea is supposedly a “budget-friendly†solution, this is highly discouraging. Overall, I rate Panacea Procurement Software a 2 out of 5 for its cost of ownership. Despite the attractive features, the cost can be a major deterrent for many.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Feb 01, 2023
(Your reviews should be of 350-400 words).
Useful
(0)
Not useful
(0)
Buyer, UK Company
Feb 01, 2023
4. Panacea Procurement Software: My experience with Panacea Procurement Software has been just average. The vision behind the software is commendable, but the product features and cost of ownership are far from satisfactory. The product features are comprehensive, allowing us to track supplier performance and purchase and receive orders easily. Additionally, the user interface is simple and easy to understand. However, there are some major drawbacks that could use improvement. For example, it lacks some advanced features that could be extremely useful for any organization. The cost of ownership is also quite high. Despite being marketed as a budget-friendly solution, the annual license fee is surprisingly high, and the setup and ongoing maintenance costs are also quite steep. This makes me reluctant to recommend it to other organizations. Overall, I rate Panacea Procurement Software a 2.5 out of 5 for its cost of ownership. Despite the attractive features, the cost can be a major deterrent for many.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Jan 29, 2023
This review is for Panacea Softwares Procurement Software offering called Panacea. Im a supplier partner and have been using the product, so I can confidently recommend it to other suppliers. Im quite satisfied with the product and am sure other suppliers will be as well. At a glance, Panacea is a comprehensive procurement solution thats easy to setup and operate. Some of the advantages that Ive experienced is its interoperability and integration. The product easily integrates with our existing ERP and financial systems, allowing us to save time and money, while also allowing us to integrate with third-party providers and suppliers. Another area where Panacea excels is in its product vision and product features. The creators understood the problems that suppliers face and provided solutions to address them. And the product features are intuitive and highly configurable, so we can customise it to our exact needs. On the whole, I give Panacea a 4 out of 5 rating. Its a great procurement solution with impressive scalability and integration possibilities. Id definitely recommend it to other suppliers looking for a reliable platform.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Jan 26, 2023
5 Having used PANACEA SOFTWAREs procurement software for the past few months, I must say I am very pleased with the results. As a seasoned user, I need software that is not only user friendly, but also offers a great deal of innovation. I am happy to say that PANACEA SOFTWAREs procurement software offers a great mix of both. For example, the latest updates to the software allow for the automation of contracts, AI-driven analytics, and customer insights to be integrated into the platform. Additionally, the use of next generation technology such as blockchain has also made it possible for me to access my contracts easily and securely. The customer support team is also quite helpful, always offering assistance whenever I need it. All in all, I would give PANACEA SOFTWAREs procurement software a rating of 4.8 out of 5 for its innovation, use of technology, and customer support.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Jan 26, 2023
Review 1 I am writing to provide an overview of my experience with Panacea Softwares Procurement Software offering, Panacea. As a supplier partner, I was very impressed by the design and functionality of the software. It provides a streamlined solution for managing and tracking procurement activities. The user-friendly interface makes it easy to use, even for those with minimal experience in the field. The technology behind Panacea is quite impressive and is geared towards enabling businesses to perform predictive procurement operations. It is capable of automatically detecting potential issues and highlighting areas of improvement. This sort of next-generation technology ensures that procurement teams are better equipped to maximize efficiency and profitability. The use-cases that are supported by Panacea are quite futuristic and impressive. The software can be employed to simulate forecasts and make decisions based on real-time data analysis. This helps to eliminate waste, optimize inventory levels and save costs. Overall, I am very pleased with Panacea Softwares offering. It has enabled me to perform better procurement activities while still maintaining a high level of accuracy and efficiency. I would rate the software 4 out of 5 stars for its level of innovation and use of next-generation technology.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
Jan 23, 2023
Interoperability and Integration Im so amazed with the interoperability and integration capabilities of Panacea by PANACEA SOFTWARE. Its able to combine storefronts, back-end systems, and even third-party logistics services. We, as a supplier, are able to seamlessly move information between several different platforms while also monitoring quality of services. This eliminates the lengthy and complex integration projects that used to demand extra time and resources. Its top-notch cloud-upgrade capabilities also enable us to reduce any maintenance headaches, saving our organization time in the long run. Our team can now rely on Panacea for all our data integration needs and we are so thankful that the entire process is a breeze. Rated: 8.5/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Jan 23, 2023
Review-3 Having recently integrated Panaceas Procurement Software, Panacea, into our research and development division, I wanted to write a few words about my experiences using the software. In terms of features, Panacea offers most of the features one would expect from a standard procurement system efficient purchase order management, cost savings and inventory tracking. However, its advanced interoperability stands out as its main strength; its been a great help in managing complex projects with multiple component suppliers. The price tag can be a bit steep, but if your organization is willing to invest, the value for money will be well worth it. Additionally, the customer service is top-notch, helping me out of some bind situations in a highly professional and time-sensitive manner. 9/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Jan 21, 2023
PANACEA SOFTWAREs Procurement Software Review #2 I have been using PANACEA SOFTWAREs Procurement Software for over a year now, and I am very impressed with its ability to improve efficiency across our procurement processes. As a senior management professional, I appreciate the product vision, features, and overall innovation of the software. The product vision for this software is clear in its purpose to make procurement processes as efficient as possible. It does this by offering flexible features that are tailored for each user persona. For example, the ability to customize workflow and process based on department need gives senior management professionals better visibility and control over the process. This ensures that the procurement process runs smoothly while maximizing the efficiency of the procurement team. The product features offer a variety of tools to users to improve the procurement process. This includes the ability to track, organize, and monitor orders, deliveries, and supplier information. This provides a thorough view of the entire process. In addition, the analytics capability included in the software helps to identify bottlenecks in the process and suggest areas for improvement. The software is also very user friendly. A simple and intuitive user interface makes it easy to use, even for those with minimal experience. This allows the software to be used by a wide range of user personas in the organization. The cost of ownership for PANACEA SOFTWAREs Procurement Software is also very reasonable. The pricing model makes it easy for users to purchase the necessary licenses for their organization and configure them according to their needs. This allows for maximum value for money spent. Lastly, the software is highly interoperable and easily integrates with other databases and systems. This ensures that the software works with any existing system and can easily be integrated with new systems and software. Overall, I am very pleased with PANACEA SOFTWAREs Procurement Software. The product vision, features, ease of use, cost of ownership, interoperability and integration, and overall innovation all contribute to making this product a great choice for any organization. I rate it a 5 out of 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Jan 18, 2023
Review 5 - Ease of Use Ive been using Panacea for some time now and I must say Im very satisfied with its ease of use. I was able to quickly set up my account and create requisitions with just a few clicks. I was also impressed with the ability to switch between multiple sites with one account and to quickly review vendor bids and pricing. It definitely made my procurement process much smoother and faster than before. Without a hesitation, I would rate Panacea a five out of five stars for its ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Jan 16, 2023
3. Overall, Panacea Softwares Procurement Software application, Panacea, has been a very helpful asset for my organization. As the head of R&D, I can confidently rate its innovation and use of next generation technology as a 9/10 and its ease of use & configuration as an 8/10. For our most recent project, we needed hard-to-find components and materials to complete the prototype. With Panacea, I was able to quickly compile the right items needed across a variety of suppliers and keep costs down by leveraging exclusive deals. The AI-driven predictive analysis was also quite useful in surfacing related items quickly and accurately. The system also has built-in compliance controls to ensure all corresponding paperwork is complete and up-to-date. In terms of user experience, the drag-and-drop templates and intuitive interface make the system extremely user-friendly. Even non-technical team members have had no problem navigating the system. To sum it up, Panacea Softwares Panacea Procurement Software is a strong procurement solution for R&D teams looking to stay ahead of the competition and obtain material quickly and with accuracy. I highly recommend it.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Jan 16, 2023
I recently conducted research on PANACEA Softwares Procurement Software and was in no way pleased with the Softwares functionality or usability. The Software offers comprehensive features that are useful and extensive, but hard to use due to complex menus and navigation elements. I also tried to research the experience of user personas when using the Software. Despite being advertised to have user-friendly tools, most users found the Software confusing and difficult to use. Additionally, the Software does not use the latest technologies when it comes to simplifying the procurement process. As a result, I rate PANACEA Softwares Procurement Software 2 out of 5, primarily for its ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Jan 10, 2023
Review 2 I have recently had the pleasure of using Panacea Softwares procurement software offering, Panacea. As a supplier partner, I was quite impressed with the features that the software offers. It provides a comprehensive solution for managing and tracking procurement activities. Additionally, it is very easy to use and any new user can quickly gain the necessary skills to utilize the platform. The technology behind Panacea is quite revolutionary. It enables businesses to proactively identify procurement opportunities and make well-informed decisions. Furthermore, the data insights and predictive analysis provided are highly accurate and up-to-date. This enables businesses to plan in advance and make the best utilization of resources. The use-cases that are supported by Panacea are quite impressive. It can be used to simulate forecasts and automatically make decisions. This makes it easier for users to identify and eliminate possible risks as well as save money on procurement costs. I am thoroughly satisfied with Panacea Softwares offering and I would rate it 4.5 out of 5 stars for its level of innovation and use of next-generation technology.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Jan 09, 2023
Review 2 - PANACEA software Procurement Software: When it comes to procurement software, PANACEA softwares offering certainly fills a need in the market. Their feature set enables users to quickly and easily search for and order products from vendors. However, I would give PANACEA softwares procurement software two stars. The user interface is clunky, making it more difficult than it needs to be to perform simple tasks. Furthermore, the customer service team is unhelpful and appears to lack the ability to properly address any issues. Cost is another major downside the entry cost of using PANACEA softwares system is significantly more expensive than other systems. If you need it, the features that PANACEA offers resolves those needs but I would definitely recommend researching other products to find the most economical option.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Jan 09, 2023
We recently switched to Panaceas Procurement Software and Im happy to say that, overall, were quite satisfied with it. As Engineering Manager, I was searching for a product that was user-friendly and reliable, and this certainly fits the bill. The software is incredibly easy to use, requiring minimal training and allowing us to fully customize the software and processes according to our needs. It also provides great features for communication, collaboration, and tracking. Overall, Im impressed by the products user-friendliness and features. However, I have some reservations about the cost of ownership. Regular licensing fees, maintenance costs, and updates can quickly become more expensive, especially for smaller companies. On the other hand, for larger companies like us, the cost pays off value and efficiency in the long run. Most importantly, we can now stay on top of our procurement processes and never miss a beat. We are able to quickly see exactly what weve purchased, whats due, and when we need to take action. This definitely help us become more efficient. To sum up, Im mostly satisfied with Panaceas Procurement Software and Id recommend it. Ease of use: 5/5, Cost of ownership: 2.5/5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Jan 06, 2023
#3 Having recently used Panacea Softwares Procurement Software, Panacea, I can say without a doubt that it is an amazing product. Its user experience was exemplary and the setup was incredibly straightforward. In no time at all, I was able to configure and customize the software to suit my needs. The array of features that Panacea holds is impressive, to say the least. It was able to track and manage purchase orders, suppliers, and contracts with ease. This was a pleasant surprise, as I was able to free up a significant amount of time and energy that I was previously spending on managing my companys procurement operations. But what has truly impressed me is Panaceas futuristic approach to features. The software was intuitive and able to account for any use cases, no matter how complex. Knowing that my companys procurement operations are future-proofed and flexible gives me a great peace of mind. In conclusion, I would highly recommend people to consider Panacea for their procurement software needs. Considering the user experience, the features, and its futuristic use cases, this is an excellent software and deserves a rating of 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Jan 06, 2023
For the past several months, I have been working with PANACEA SOFTWAREs Procurement Software "Panacea". It was incredibly easy to implement and use, and it has been incredibly helpful in our overall operations. One of the biggest benefits to the software is its interoperability. All of our programs are linked up and thoroughly integrated, which saves us a lot of time. All the information we need to access is easy to find and implement within the system, and sync between different stages. The customer service from the PANACEA team was also second to none. Whenever our team needed assistance or had technical questions about the software, their staff was always very courteous and helpful. Even after the software was set up, they always checked back in to make sure things were running smoothly. Overall, I am very pleased with the effectiveness and efficiency of Panacea by PANACEA SOFTWARE. It helped our business streamline processes and reduce a lot of wasted time. I would highly recommend this software to anyone looking for a great procurement operating solution. I give it an 8.5/10 rating.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Jan 05, 2023
4. I recently had the chance to review Panacea Softwares Procurement Software offerings, which were impressive. As a young female buyer, I can honestly say that I was satisfied with the product vision and features. I am now able to easily keep track of my sourcing activities and am able to quickly onboard new vendors. The user personas are also user friendly, making it easy for me to navigate the product. The customer service team has also been great, which is why I rate it 4 out of 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Jan 03, 2023
I recently took a look at PANACEA Softwares Procurement Software offerings and stumbled upon frequent user complaints regarding the usability of the Software. Although it has several useful features, they are hard to use due to complex menus and navigation elements. The Software holds tremendous potential due to its use of next-generation technology and artificial intelligence. However, this promise of agile procurement is not fulfilled as the user personas finds it difficult to learn and navigate through the software. Additionally, the Software does not have user-friendly APIs, leaving users frustrated and unable to explore the complete scope of products and features within the Software. All in all, I would rate PANACEA Softwares Procurement Software 2 out of 5 stars for its ease of use and product features.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Jan 02, 2023
5 My review of Panacea Softwares procurement software, Panacea, is mostly positive. We recently began using it, and its really made a difference in our operations. To start off, the user interface is easy-to-use and intuitive, so theres no need for extensive training. The real-time sourcing capabilities have also saved us a considerable amount of time and hassle. Moreover, the AI-based analytics and forecasting tools have been invaluable. Not only do they help us optimize our procurement process, but they also offer amazing insights into our supply chain and which sources offer the best products. Additionally, the AI-based sourcing tools can be customized to meet our exact needs, which helps maximize our ROI. And since it integrates with our existing database, were able to leverage all of the data we already have. In conclusion, Im hugely impressed with Panacea. Its an excellent choice for any organization looking for a modern procurement solution. (9/10 in terms of Overall Innovation and use of next generation technology and 9/10 in terms of Supporting futuristic use cases)
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Jan 01, 2023
Im not sure what to make of PANACEA Softwares Procurement Software. On one hand, the software is enriched with features that allow users to simplify the procurement process. However, I found the usability of the software to be quite confusing. The next-generation technology promised by PANACEA Software does not feel modern in the slightest and falls short in simulating a user-friendly experience. For example, most users were overwhelmed by the number of options available to them. Adding to this, the software also had a steep learning curve which further discouraged user personas. This has resulted in a dip in the popularity of the software. After using the software, I would rate it 3 out of 5 stars due to potential of its product features and the use of next generation technology.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 31, 2022
Review #3 - Implementing automated systems for procurement has become an invaluable asset for us and we wanted a system that delivered exceptional results. After a lot of research, it was Panacea Softwares procurement software that caught our attention. Ease of Use: After implementing the system, I must say that our employees were satisfied with the systems ease of use. The user-friendly navigation and features enabled us to get familiar with the system quite quickly. Plus, the customer support team responded to all our queries in a timely manner. Interoperability & Integration: This system has helped us with various connectivity issues. It allowed us to access information from different platforms, aiding us in streamlining our processes across the value chain. Moreover, we have been able to manage our budget efficiently. All in all, Panacea Softwares procurement software has been highly beneficial for us. The system has provided us remarkable performance with minimal efforts and I would rate it 9/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Dec 30, 2022
Review 3 I have had the pleasure of using Panacea Softwares procurement software offering, Panacea. As a supplier partner, I was immediately surprised by the features of the software. It provides an in-depth solution for managing and tracking procurement activities. The performance of the software was remarkable and it was also quite simple to use. The technology behind Panacea is truly remarkable. It is powered by advanced algorithms and is capable of quickly and accurately assessing current market trends. This aids procurement teams in making decisions based on real-time data insights and predictive analysis. The software is also capable of detecting potential issues ahead of time and flagging areas of improvement. The use-cases that are supported by Panacea are quite forward-thinking. It supports the simulation of future events and automatically makes decisions based on forecasts. This makes it easier for users to identify risks and optimize inventory levels. Overall, I am quite pleased with Panacea Softwares offering and I would rate it 4.8 out of 5 stars for its innovation and futuristic use-cases.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Dec 29, 2022
I recently took a look at PANACEA Softwares Procurement Software offerings and must say that I wasnt totally impressed. While the product features are comprehensive, they are also quite complex and confusing to use. Moreover, I found it difficult to use the softwares next-generation technology, even though it is meant to simplify the procurement process. As an analyst, I tried to consider the needs and wants of different user personas when using the Procurement Software. When it comes to usability and simplicity, the Softwares design falls short, it was quite harsh on users who are less tech-savvy. Additionally, the Software has a long learning curve which can be discouraging for first time users. All in all, I would rate PANACEA Softwares Procurement Software 2 out of 5 stars for its ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Dec 27, 2022
Review #4 I recently employed Panacea Softwares Procurement Software and I am quite pleased with my experience. The software is effectively designed to allow streamlined, efficient purchasing operations. The software has an impressive, intuitive user interface that allows users to quickly access the features they need. Setting up workflows and automating the decision-making process were incredibly straightforward. Furthermore, the tracking and analysis capabilities are powerful, allowing users to acquire real-time insights into their purchases and where their money is going. Overall, I was highly satisfied with the software. It has great features and allows organisations to take their purchasing to the next level. However, I was not particularly impressed with the pricing. While it is a great piece of software, I think the pricing could be improved. Rating: 7/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Dec 25, 2022
#1 I recently had the pleasure of using Panacea Softwares procurement software Panacea. I must say that the overall experience was quite pleasant. First of all, the ease of use was great. The software was intuitive and quick to setup. All I had to do was input a few basic details and I was up and running. I also liked how easy it was to customize the software, allowing me to adjust it to my companys specific needs. The step-by-step tutorials were also helpful in getting up to speed. I was also impressed by the features that Panacea offered. Whether it was tracking and managing purchase orders, suppliers, or contracts, the software handled everything with ease. I found myself saving a lot of time and energy with this software, as I was able to take care of all my procurement needs with minimal effort. Furthermore, I was delighted by how Panacea incorporates futuristic use cases. I find myself feeling secure and confident knowing that our procurement operations are flexible and future-proofed, with complete scalability in a world that keeps evolving. In conclusion, I must say that I am more than satisfied with my experience with Panacea. I would definitely recommend this software to anyone looking for a robust procurement solution. My rating for this software would be 5 stars.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 24, 2022
I have been using PANACEA SOFTWAREs procurement software for the past year and I must say that I have been impressed with both the product and the quality of customer service. The product is easy to use and packed with features that help streamline the procurement process. The reporting and analytics tools are especially helpful as they give me accurate insights into procurement activities and help me to identify potential trends. The product vision behind PANACEA SOFTWARE is also worth highlighting. Not only have they created an easy-to-use platform, but they have also integrated different modules that make it easier to manage contracts, suppliers, and documents. This integration helps to minimize administrative burden and boost efficiency. The product features offered by PANACEA SOFTWARE also deserve a mention. The software offers automated data capture, intuitive analytics and reporting, and the ability to store supplier information. Additionally, the drag-and-drop user interface makes it easy to use and makes processes such as onboarding new vendors quick and intuitive. The cost of ownership with PANACEA SOFTWARE is also quite reasonable. The software is available for a fee per user per month, which makes it much more accessible for small businesses. Additionally, the team is always willing to provide training and custom development services that can help reduce the total cost of ownership. Finally, the customer service provided by PANACEA SOFTWARE is top-notch. The team is always responsive and willing to help with any issues that may arise. They are incredibly friendly and make sure that their customers have the best experience possible. I rate PANACEA SOFTWARE 4.7 out of 5 stars. Review 3
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Dec 23, 2022
Review 2: Since I started using Panaceas procurement software, Ive been blown away with how quickly and easily it has simplified my day-to-day procurement operations. There are so many useful features that just make life in my job a whole lot easier. From the bid analysis tool to the automated purchasing process, everything works exactly as advertised. Ive even been successfully able to integrate the software with my existing ERP system, giving me full control and oversight of my organisations procurement processes. Im really impressed and would definitely rate this software a 9/10 in terms of ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Dec 22, 2022
2. As a young female buyer, I was looking for a software to help with Procurement processes. I came across Panacea Software and found their product vision and features to be very impressive. With the product, I am able to easily maintain relationships with our current vendors and quickly onboard new vendors. The user personas are also quite user friendly, allowing me to navigate the product with ease. Additionally, the customer service team is always willing to help something I find very useful. As far as ratings go, I would have to say 4 out of 5 stars. Its great but theres always room for improvement.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 20, 2022
Review-5 Having recently incorporated Panaceas Procurement Software, Panacea, into our research and development division, I can confidently say that it is an excellent choice. The software is relatively easy to use and offers great features such as cost savings, purchase order and inventory management. What really helps set it apart, however, is its excellent interoperability, allowing us to manage complex projects with multiple component suppliers. The customer service we have received from the Panacea development team has also been consistently good. In terms of price, it may be a bit pricier than other products out there, but I do think that the value for money is worth the extra cost. 9/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 18, 2022
Im an R&D head of a small company, and weve recently been looking for a new procurement software to handle our operations. After much research, we decided to go with Panacea from Panacea Software. Im quite pleased with what Ive seen so far. The vision of the product is formidable. Their software provides my team with a great solution for managing all our procurement-related tasks. The feature set they offer helps us tackle a number of activities with ease. Im also glad with the user friendliness of the product. The drag-and-drop feature is particularly helpful and makes it easy to place orders quickly. Additionally, the dashboard gives us a real-time view of operations. This is useful for catching any errors early. Another plus is the reliable customer support team. Whenever my team has faced any difficulties, they have quickly provided us with solutions. Overall, Id rate the product a 4.8/5. It has a great product vision and its features are highly helpful. Furthermore, it is user-friendly and the customer support team is always available. Everything about this software makes it a great tool for streamlining the procurement process. Review 3
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 18, 2022
Review 4 I recently explored PANACEA SOFTWAREs Procurement Software offerings and must say that Im quite pleased with my choice. As a sixty-plus user, I was looking for a simple solution that can meet my organizations needs. This software answered all my requirements. The setup process was simple, and all I had to do was just enter some basic details about my organization. In addition, I found the features it offers quite impressive - from purchase order management to supplier relationship management is all available in one system. The software also has great interoperability and integration capabilities which allows for effective communication among users. In addition, its cost of ownership is relatively low, and it provides great value for money. Overall, Im quite pleased with my experience with PANACEA SOFTWARE, and I would definitely recommend their procurement software offerings to anyone. 4.5 stars!
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 17, 2022
PANACEA SOFTWAREs Procurement Software Review #2 Rating: 4.3/5 Having recently used PANACEA SOFTWAREs Procurement Software, I can say it has made the finding, selecting, and negotiating the proper supplier for our business much easier and faster. As an Asian middle-aged male buyer, I liked that the software was designed to accommodate multiple user personas, far beyond the outdated procurement systems I was used to. I was also impressed by the companys stability and maturity. PANACEA SOFTWARE is a well-established player in the software industry and theyve been providing top-notch solutions since their inception. This gave me more confidence that the software, and their team, have a good grasp on what it takes to deliver the right solutions. I was stunned by the futuristic use cases that their procurment software had. We could access insights that wouldnt be otherwise available to us with traditional methods - like forecasting our procurement data for the next quarter. The software has enabled us to make more informed decisions and ultimately maximize our purchasing power. The customer service was pretty good, too. Whenever I had any queries, the customer service was top-notch. Their knowledgeable staff walked me through everything step-by-step. And when it came to value for money, the software was worth it. Its true that it was pricey, but the amount of automation and insights from the software far exceeded its cost. Overall, Im highly satisfied with my experience and would highly recommend PANACEA Softwares Procurement Software.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Dec 16, 2022
Review-2 I recently started using Panaceas Procurement Software, Panacea, to help standardize and control the procurement process within our research and development division. Panacea is great for tracking inventory, cost savings and preparing purchase orders with relative ease, but the feature that really sets it apart is its interoperability. It integrates seamlessly with other software I am running in my division, meaning that complex projects with multiple component suppliers can be quickly managed with the click of a few buttons. Additionally, the customer service I have received from Panacea Software has been nothing short of excellent, providing timely and effective solutions when needed. All in all, I would highly recommend Panacea for any organization looking for a professional and well-supported procurement system. 8/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 13, 2022
Review 5: I recently started using Panacea Softwares procurement software, known as Panacea, and Im thoroughly happy with the product. As the R&D Head of the organization, I can attest to the fact that Panacea has made our procurement process much more efficient. The product vision of Panacea is very impressive and Im pleased to have access to such an intuitive user interface. With a centralized platform, I have all the information regarding my vendor relationships in one place. The features provided by Panacea have certainly made my job easier. The automated emails keep me informed of all payment obligations while the tracking features help me keep an eye on my vendors performance. The analytics offered are super helpful when making decisions. The cost of ownership for Panacea is one of its best features. Even with its lower price tag, were provided with all the features we need for our procurement requirements. It really gives a great bang for your buck. To summarize, Im highly satisfied with Panacea Procurement Software and I would rate it 4.6 out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 10, 2022
Review 1 - Panacea Softwares Procurement Software As an old European male buyer, I want a procurement software solution that is feature-rich, easy to use and cost-effective. I am happy to report that Panacea Softwares Procurement Software offering delivers exactly what I expected. From a user experience prerspective, it is incredibly easy to use and flawlessy navigable. I have been able to find what I am looking for in a very short period of time. As a buyer, I usually have very specific requirements, and Panacea Software feature set helps me to source these quickly and accurately. The platform offers integration with various products and services to make the entire process much more streamlined. This saves me time and money. The pricing set-up is also very reasonable and fits well in my budget. Above all, their customer service is exemplary. They are always willing to help me with whatever questions I have and are extremely responsive. Overall, I am very satisfied with the product and would highly recommend Panacea Softwares Procurement Software to anyone looking for a procurement software solution. Rating: 5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Dec 07, 2022
Review 4 - Interoperability and Integration The advanced integration and interoperability features were among the most impressive features of PANACEA Softwares procurement software, Panacea. I was able to connect my data easily with other systems without any need for complex scripting. Furthermore, I was able to easily import and export data without much hassle. I found PANACEAs software to be extremely reliable and capable of connecting to all the other systems I need. For these reasons, Im pleased to give Panacea a five-star rating for interoperability and integration.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Dec 06, 2022
When I was implementing an upgraded procurement software, I was looking for a program that would help me streamline our processes and provided great integration and interoperability. After doing my research, PANACEA SOFTWAREs Panacea software was the obvious choice. The software was highly effective at integrating with our existing programs and it only took a few days for us to set it up and get to running. This integration helped us save a lot of time between stages, which would have been significantly longer if we were trying to do it manually. In addition the customer service provided by the PANACEA staff was outstanding. Whenever I had questions about the system or technical issues came up, their staff was always quick to answer and able to help. They were also able to provide additional materials if necessary, which was a great help. I would highly recommend PANACEAs Panacea software to anyone looking for a procurement software. Weve been using it for several months now and it works great. It helped streamline our processes significantly and saved us a lot of time. I would rate this software 9/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America SME Company
Dec 03, 2022
Review 5: I could not be more pleased with Panacea Softwares Procurement Software. This software has completely changed our procurement process for the better, as it has streamlined and automated many of the processes. The machine learning capabilities of the software have been an especially big help, as it has allowed us to anticipate and prepare for potential orders, which has saved us a great deal of time. We now also have access to real-time product data and insights, which has given us a competitive edge. The customer service team at Panacea is top-notch. They always provide us with the help and advice we need, and are always available to answer our questions. In conclusion, I highly recommend Panacea Software Procurement Software to any business in need of a powerful and efficient sourcing system. I rate it an 8.5/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Dec 02, 2022
Review 2 Interoperability and Integration I was also impressed with PANACEAs softwares interoperability and integration options. As a senior manager, I needed to be able to connect my data with multiple other third-party systems. Thankfully, Panacea had me covered with seamless integration into other systems. I didnt have to do any complex scripting or coding to get my data flowing in and out of the software. Additionally, the ability to easily import and export data sets with standard formats helped save me a lot of time. PANACEAs procurement software performed flawlessly in all of my tests, so I give it a top rating of five stars for its interoperability and integration.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Dec 01, 2022
PANACEA SOFTWAREs Procurement Software Review #5 Rating: 4.2/5 I had the opportunity to try out PANACEA SOFTWAREs Procurement Software and must say it was impressive. As an Asian middle-aged male buyer, I found that the product had been designed intelligently and with multiple user-personas in mind. Their product vision was also quite innovative and enabled us to make intelligent decisions based on the procurement analytics. This factor alone made this software stand out from other solutions in the market. The companys stability and maturity was also quite reassuring. PANACEA SOFTWARE has been in the software market for quite some time and their team is composed of experienced professionals. This gave me even more confidence that their procurement software has a good grasp of what it takes to deliver. The customer service and support was also very helpful. Whenever I had any doubts or queries, the staff was always available and extremely courteous. I was also particularly fascinated with how futuristic the use cases of the software were. This enabled us to make better predictions and optimize our purchasing processes. Also, I must talk about the use of next generation technology. The software had incorporated various features that could automate tedious tasks and this was a game-changer for me. Finally, in terms of value for money, I believe that this Procurement Software was designed to offer the most bang for your buck. While some might say that it is pricey, I personally feel that the features and automation provided by it justifies the cost. I would definitely recommend PANACEA SOFTWAREs Procurement Software to anyone looking to make their procurement processes smoother and more efficient.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Dec 01, 2022
Review 3 - PANACEA software Procurement Software: As a consultant, I have been using PANACEA softwares procurement software to handle product searches and ordering for clients. The feature set of the software is extensive making it easy to find merchandise quickly. But I find myself giving PANACEAs software a two out of five star rating due to its user interface and lack of customer service. Its confusing and not intuitive, making it hard for users to utilize its functionality. On top of that, their customer service staff does not seem to be aware or capable of properly addressing any issues. Also, I would strongly suggest researching other procurement software options as PANACEAs pricing is substantially higher than others. For companies with frequent procurement needs their pricing may be justifiable, but for companies that dont have a pressing need for procurement software, they should be looking elsehwhere.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Company
Nov 30, 2022
& Configuration 1. As the head of R&D, I rely heavily on obtaining the right procurement materials to develop the latest products and technologies. Panacea Softwares procurement software application, Panacea, has been a reliable asset in enabling me and my team to easily find and purchase components for our prototypes and development efforts. Overall, Id rate Panacea as a 10/10 in terms of its innovation and use of next generation technologies. The UI/UX of Panacea is extremely robust and intuitive, allowing even non-technical team members to be able to easily select and purchase the correct components for success. Whats more, incorporating advanced AI technology helps to surface matching methods for related components and to ensure any specifications are properly met. In addition, the ability to organize suppliers and materials by budget, source, or bespoke categories helps to easily identify the right items with just a few clicks. With our previous procurement systems software, this process took days or even weeks in some cases. Now its cut down to just a few minutes. Given all of these useful capabilities, I can honestly say that Panacea is a game changer when it comes to procurement efficiencies and profitability. Id highly recommend it to any R&D team looking to improve their sourcing and procurement processes.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Nov 30, 2022
Review 5 - Panacea Softwares Procurement Software As an old European buyer, I wanted a reliable software solution to help me find the best deal on the materials that I need. After doing some research, I decided to give Panacea Softwares Procurement Software a try, and I am extremely happy with the results. The software is incredibly user-friendly and easy to navigate. It offers various filters and search tools to help me quickly source the items I am looking for. It is also easy to integrate with other solutions I use, which helps to streamline the process. Moreover, the software is cost-effective and fits well with my budget. Plus, their customer support team is always available to help me with any of my questions. I would highly recommend Panacea Softwares Procurement Software to anyone looking for an efficient procurement solution. Rating: 5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, Asia Pacific Mid Market Company
Nov 29, 2022
PANACEA SOFTWAREs Procurement Software Review #4 Rating: 4/5 I recently tested out PANACEA SOFTWAREs Procurement Software and found it be to very well-designed and robust. As an Asian middle-aged male buyer, I must admit that the product vision was spot-on and the software was created with user personas in mind. The team behind the procurement software was also very experienced and had a very intuitive approach. They also implemented a global analytics feature which allowed us to access real-time data and notifications, which is much needed for todays modern buyer. The customer service and support was swift and courteous. Whenever I had any queries, the staff was always available to answer them. However, I do feel that they have room to improve on the support they provide to their customers. I was certainly delighted to see the futuristic use cases offered by PANACEA SOFTWAREs procurement software. It effectively enabled us to manage our purchasing processes more efficiently and ultimately it helps to improve the return on investment. I must say that I was also quite pleased with the use of next generation technology. This was a big plus, since it can automate mundane tasks, giving us more time to focus on our core activities. To conclude, while this software is not the cheapest option, I believe that it is worth the investment, given all the features and automation provided by it.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Nov 28, 2022
Review 2 - Panacea Softwares Procurement Software As an experienced European buyer, I needed software that could help me quickly and accurately find the best deals for my procurement needs. Panacea Softwares Procurement Software was the answer. Not only is the software user-friendly, but it also has the features I need to help me make faster and smarter decisions. It offers intuitive navigation, filters and intuitive search options, helping me quickly and accurately source necessary details. It is also easy to integrate with various other platforms, which is a great time-saver. The cost of ownership is reasonable, so it fits well within my budget too. Plus, the customer service is top-notch. With any questions I had about using their software, their support team was prompt to resolve my issues. I would highly recommend Panacea Softwares Procurement Software to others in the same situation as I am. Rating: 5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Nov 28, 2022
Review 2 - Value for money offered I recently used Panacea Softwares Procurement Software, and it was awesome! This software made our procurement process more efficient and easier to manage. Plus, it was super affordable. The great part about this software is that it comes with lots of features that youd usually have to pay extra for, but here theyre included in the price. I really appreciated that I wasnt having to pay extra for features like access control, approvals, and order history tracking. I also love that I can customize the software to meet my companys specific needs. Overall, Im extremely impressed with Panacea Softwares Procurement Software. They provide great value for money and the software is extremely easy to use. I highly recommend it to any small business who needs to make their procurement process more efficient and manage their purchases in one place. I give this software an 8 out of 10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Nov 28, 2022
Review 1 on Panacea Softwares Procurement Software I recently started using Panacea Softwares Procurement Software and Im extremely impressed. The product vision is straightforward but comprehensive, the product features are robust, and the value for money is unbeatable. The product vision took a bit of getting used to but once I did, I felt like I could really master the software. The product offers an intuitive user interface and it is very straightforward and easy to understand. This is great, as I dont have a lot of time to become familiar with new software solutions. The product features are incredible and I can easily track and authenticate my procurements. I can also generate reports which help me to get a better understanding of my suppliers performances and their propensity to place orders with me in the future. In terms of value for money, its unparalleled. Ive already saved so much time and money by automating daily tasks that I can focus my energy on more important and long-term activities. I completely endorse Panacea Softwares Procurement Software and rate it 8 out of 10. I look forward to using it more.
Read
more
Useful
(0)
Not useful
(0)
Buyer, Europe Company
Nov 27, 2022
Review 1: Ive been using Panacea Procurement Software for about a month now, and I have to say its been amazing. The software is really user-friendly and the navigation is intuitive, making it easy to carry out all of my procurement tasks. The dashboard is great for providing me with a comprehensive overview of all of my ongoing projects, and Ive been able to easily keep track of all of my spending, saving tons of time. The different reports helped me easily spot any discrepancies, and Ive found the bid optimization tool to be incredibly useful in helping me source the most cost-effective goods and services. Overall, Im very impressed with the product and would definitely rate it 8/10 in terms of ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Nov 27, 2022
Review #4 - For any business, procurement is easily one of the most important tasks and its critical that the process is smooth and efficient. To help us with the process, we decided to invest in automated systems and thats when we came across Panacea Softwares procurement software. Ease of Use: Despite the size and complexity of the system, our employees were able to adjust to the system very quickly. The features were really simple to understand and the customer support team was always there for us, whenever we needed assistance. Interoperability & Integration: This system has enhanced our productivity by allowing us to easily connect with different applications like ERP and accounting software. Moreover, the system has enabled us to make quick budgeting decisions and be compliant with government regulations. Overall, Im really satisfied with the performance of this system. It has arguably lived up to all our expectations and I would give it a rating of 8/10.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Nov 25, 2022
4.As an industry veteran, I can attest to Panacea Softwares Procurement Software, Panacea. Its user-friendly interface and comprehensive customization options make it ideal for any organizations procurement needs. Additionally, the customer service team is incredibly quick and helpful. They have been able to provide assistance in a timely manner and are always ready to answer questions. Furthermore, Panacea allows for easy integration with other software, allowing for a seamless transition into the platform. Overall, I would highly recommend Panacea Softwares Procurement Software, Panacea, for any organization looking for a comprehensive and custom solution to their procurement needs. Rating: 5/5
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Nov 25, 2022
PANACEA SOFTWAREs Procurement Software Review #1 I have been using PANACEA SOFTWAREs Procurement Software for several months now, and I am very happy with the results that have been achieved. As a senior management professional, I appreciate the product vision, features, and overall innovation that this product provides. The product vision for this software is positively oriented, as it seeks to ensure that procurement processes are efficient and effective. It accomplishes this by focusing on the needs and preferences of the different user personas it serves. This includes the ability to customize procurement workflow and process across different departments and divisions. This customization feature helps to ensure that the software meets the specific needs of each organization and its users. The product features that PANACEA SOFTWARE provides are very robust. They enable users to track, organize, and monitor procurement activities, deliveries, and orders. In addition, the software includes an in-depth analytics capability that provides transparency and visibility into all procurement activities. This enables better decision-making by the relevant user personas. The software is also very easy to use. It has an intuitive user interface that requires minimal training time for new users. This makes it highly user friendly, allowing the software to be used by virtually any user persona, from senior management personnel to entry-level employees. The cost of ownership for PANACEA SOFTWAREs Procurement Software is very reasonable. The pricing model allows users to purchase the necessary licenses for their own organization and configure them according to their specific needs. This flexibility in the pricing structure provides great value for the money that is invested. Finally, the software is highly interoperable and integrates easily with other systems and databases. This ensures that the software is compatible with any existing system and is easily integrated with new systems and software. Overall, I am very pleased with PANACEA SOFTWAREs Procurement Software. Its product vision, features, ease of use, cost of ownership, interoperability and integration, and overall innovation make it a great choice for any organization looking to manage their procurement processes more efficiently and effectively. I give it 5 stars out of 5.
Read
more
Useful
(0)
Not useful
(0)
Buyer, SME Company
Nov 25, 2022
1 As a frequent user of PANACEA SOFTWAREs procurement software, I am highly impressed by its latest updates that have made contract management and procurement significantly easier. The entire user interface is simple and user friendly, making it suitable for a wide range of users, from beginners to professionals. When it comes to overall innovation, I felt that the updates to PANACEA SOFTWAREs procurement software introduced a whole new world of possibility for contract management and procurement. For example, the introduction of AI-driven analytics and automated contract negotiations has made the process more efficient and transparent. It has also enabled users to customize their data reports, making it easy to find the most important contract data quickly. Moreover, the use of next generation technology such as blockchain has made it possible for users to access their contracts anytime and anywhere, ensuring contract security. The reporting processes have been made more efficient too, by introducing integrated customer insights and analytics into the platform. All in all, I would give PANACEA SOFTWAREs procurement software a rating of 4.5 out of 5, considering its innovative features, use of next generation technology, and ease of use.
Read
more
Useful
(0)
Not useful
(0)
Buyer, North America Mid Market Company
Nov 24, 2022
PANACEA SOFTWAREs Procurement Software Review #1 Rating: 4.5/5 I recently had the pleasure of testing PANACEA SOFTWAREs Procurement Software. As an Asian middle-aged male buyer, I must say they have created something that can empower the younger generation of economy and resolve some of our current procurement challenges. The product vision was outstanding. The team was experienced and had a very bubbly and innovative approach. Their procurement software was designed to serve multiple user personas, catering to their individual needs. They also implemented worldwide analytics combined with blockchain support, to ensure easy access to real-time data, which is much needed for todays modern buyer. What impressed me the most was their customer service. Whenever I asked for a certain set of features, they seemed quite confident and were eager to deliver. They seem very committed to customer satisfaction and were always available to answer any queries. Also, I was thrilled to witness how PANACEA SOFTWAREs Procurement Software was using next generation technology. This effectively helped to improve an organizations efficiency and ultimately, its bottom line. I believe this element should be available in every procurement software. In terms of value for money, it certainly wasnt cheap, but definitely worth-it since it helped to streamline my purchasing processes. All in all, I would definitely recommend this software to any person or organization looking to improve their procurement process.
Read
more
Useful
(0)
Not useful
(0)
Buyer, UK Company
Nov 24, 2022
Time-saving Benefits One of the most beneficial features of using Panacea by PANACEA SOFTWARE is the time savings we have been able to achieve. One of our biggest obstacles was trying to manage all the data that was pouring in from our various suppliers. With Panacea, the transition has been seamless and our team is more efficient than ever before. We can now quickly process and monitor our orders, ensuring that we never miss out on anything. This is an especially effective system for a company like ours, where data input can become overwhelming at times. Rated: 9.5/10
Read
more
Useful
(0)
Not useful
(0)
Buyer, Finance, SME
May 02, 2020
“Software installation”
User does not need any specific hardware configuration for installing the software. They can use the panacea software online using any browser.
Useful
(0)
Not useful
(0)
Buyer, Manufacturing, SME
May 02, 2020
“Functionalities”
Panacea is flexible to add up any features such as purchase to pay module and procurement system module.
Useful
(0)
Not useful
(0)
Success
info
Error
