Scanmarket
UnclaimedDrive strategic initiatives and unparalleled efficiencies through a comprehensive Source-to-Contract solution.
Visit WebsiteReviews onG2Capterra
42 reviews trackedThe Bottom Line
Entry price
Paid plans only
Biggest pro
Achieves significant cost savings (up to 20%) through strategic sourcing
Biggest con
Specific pricing details are not publicly available, requiring a demo request
TL;DR - Scanmarket
- Comprehensive Source-to-Contract solution for strategic procurement.
- Optimizes sourcing, spend management, and supplier relationships.
- Integrates modules like Spend Analytics, eRFx, eAuction, and Contract Management.
Pricing: Paid only
Best for: Enterprises & pros
4.4/5 across review platforms
What is Scanmarket?
Scanmarket by Unit4 is a strategic sourcing software solution designed to optimize procurement processes from beginning to end. It provides tools for managing sourcing activities, analyzing spend, and collaborating with suppliers, helping organizations achieve significant savings and enhance operational efficiency. The platform integrates various modules such as Spend Analytics, eRFx, eAuction, Contract Management, Supplier Management, and Project Management to offer a holistic approach to procurement.
This solution is ideal for organizations looking to elevate their procurement strategies, gain greater visibility into spending patterns, and drive strategic transformation. It caters to businesses that need to streamline RFP processes, manage contracts securely, enhance supplier relationships, and forecast future spending accurately. Scanmarket emphasizes fast user adoption and provides expert support through implementation, customer success, and consulting services to ensure organizations maximize their return on investment and achieve digital transformation in procurement.
Available on: Web
Pros & Cons
Pros
- Achieves significant cost savings (up to 20%) through strategic sourcing
- Enhances data accuracy and visibility with AI-driven tools and carbon accounting
- Streamlines complex procurement processes from RFP to contract management
- Improves cross-functional collaboration and reduces legal risks
- Highly rated by customers for vendor capabilities, product features, and user satisfaction
Cons
- Specific pricing details are not publicly available, requiring a demo request
- Requires integration with existing systems, which may involve initial setup effort
Ratings Across the Web
4.4(42 reviews)
Ratings aggregated from independent review platforms. Learn more
Key Features
Spend Analytics with AI-driven data cleansing and Carbon AccountingeRFx for designing, distributing, tracking, and analyzing RFP processeseAuction for enhancing supplier competition and streamlining negotiationsContract Management with centralized repository, version control, and audit trailsSupplier Management with automated data flow, customization, and performance trackingProject Management with shared repository, customizable boards, and workflow deploymentSeamless integration capabilities with complementary solutionsExpert implementation, customer success, and consulting services
Pricing Plans
Source-to-Contract solution
Contact us
- Optimize sourcing
- Remove event complexities with streamlined solutions that maximize the value from sourcing activities, from RFP to contract and supplier management
- Manage spend smarter
- Optimize spend with comprehensive insights into purchasing patterns, supplier performance, and expenditure trends
- Drive strategic value
- Integrate technology to enhance cross-functional collaboration, ensuring the procurement function is a strategic force in shaping the future landscape of your organization
Reviews
4.4/5
Across 42 verified user reviews on G2, Capterra
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Scanmarket FAQ
How does Scanmarket's Spend Analytics module incorporate Carbon Accounting, and what specific data points does it track?
Scanmarket's Spend Analytics expands visibility into your supply chain with Carbon Accounting capabilities. While specific data points are not detailed, it aims to help organizations understand and manage the environmental impact of their purchasing patterns, likely by tracking emissions related to supplier activities and purchased goods/services.
What advanced post-bid analysis features are available within the eRFx module to facilitate comprehensive assessment of RFP responses?
The eRFx module automates advanced post-bid analysis to facilitate comprehensive assessment of RFP responses. This includes sophisticated calculations for thorough comparisons and supplier evaluation, allowing procurement teams to make data-driven decisions beyond just the initial bid price.
Can the Project Management module be customized to reflect specific organizational best-practice processes and workflows, and how does it support continuous improvement?
Yes, the Project Management module allows users to define and deploy fully customized best-practice processes and workflows. It supports continuous improvement by enabling data-driven benchmarking and providing a customizable project board to visually present processes and track progress.
How does Scanmarket ensure compliance and automated data flow within its Supplier Management module, especially with extensive customization options?
The Supplier Management module ensures compliance and automated data flow through seamless integration and extensive customization options with buyer-defined parameters. This allows organizations to tailor the system to their specific compliance requirements and integrate it with other systems for efficient data exchange.
What kind of support is provided to accelerate time to value and guide digital transformation for new users, beyond initial implementation?
Beyond initial implementation, Scanmarket offers ongoing support through dedicated Customer Success experts who guide organizations' digital transformation and ensure teams are set up for success. Additionally, Consulting Services provide a Scanmarket Consultant to implement or course correct e-sourcing strategies, ensuring continuous optimization.
Source: scanmarket.com