
What is Scanmarket?
Scanmarket is one of few strategic sourcing solution providers capable of delivering innovative yet user-friendly quality technology, combined with solid execution, support & services. Scanmarket is a source-to-contract (S2C) software provider that develops advanced functionalities in an effortless design. Our S2C solution is attuned to meet the needs of procurement, legal and finance professionals with applications for strategic sourcing, contract lifecycle management, and third-party risk management.
Company Details
Need Assistance?
We're here to help you with understanding our reports and the data inside to help you make decisions.
Get AssistanceScanmarket Ratings
Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard
to access more information on Scanmarket.
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
82 Likeliness to Recommend
90 Plan to Renew
1
Since last award
81 Satisfaction of Cost Relative to Value
Emotional Footprint Overview
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
+85 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Scanmarket?
Pros
- Friendly Negotiation
- Respectful
- Client Friendly Policies
- Fair
How to read the Emotional Footprint
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Negative
Neutral
Positive
Feature Ratings
Auction Management
eAuction Functionality
ERFx
Procurement Management
Communications
Supplier Management
Contract Management
Workflow Management
Spend Analysis
Vendor Capability Ratings
Vendor Support
Availability and Quality of Training
Ease of IT Administration
Ease of Implementation
Usability and Intuitiveness
Ease of Customization
Business Value Created
Breadth of Features
Product Strategy and Rate of Improvement
Quality of Features
Ease of Data Integration
Scanmarket Reviews
- Role: Operations
- Industry: Apparel
- Involvement: Business Leader or Manager
Submitted Dec 2022
Affordable Supplier Management tool
Likeliness to Recommend
Pros
- Trustworthy
- Efficient Service
- Effective Service
- Caring
James K.
- Role: C-Level
- Industry: Construction
- Involvement: Vendor Management and Renewal
Submitted Dec 2022
Great product that delivers results
Likeliness to Recommend
What differentiates Scanmarket from other similar products?
Simple to use
What is your favorite aspect of this product?
Contract management
What do you dislike most about this product?
some small bugs
What recommendations would you give to someone considering this product?
will streamline contract management process
Pros
- Trustworthy
- Client Friendly Policies
- Altruistic
- Over Delivered

Margaret T.
- Role: Sales Marketing
- Industry: Banking
- Involvement: End User of Application
Submitted Mar 2025
The Role of Market Analysis in Strategic Sourcing
Likeliness to Recommend
What differentiates Scanmarket from other similar products?
Scanmarket provides a complete suite comprising eSourcing, supplier management, spend analytics, and contract lifecycle management (CLM), making it a diverse solution. Unlike other complex procurement software, Scanmarket prioritizes ease of use with an intuitive, simple interface, thus, eradicating the learning curves. It is also known for its advanced sourcing capabilities.
What is your favorite aspect of this product?
So far I am using this software, and I have experienced that this platform is not as clunky as other platforms are. It creates maximum ease for us throughout its functioning, making itself user-friendly. That is the plus point for adoption and efficiency. Moreover, its powerful eAuction capabilities are amazing, They help us in driving business suppliers healthier and negotiable. Moreover, it is a reliable sourcing solution I have ever used.
What do you dislike most about this product?
Scammarket offers very limited external source integration capabilities. Though it seamlessly integrates with ERP and procurement platforms but not as seamless as it should be. Other competitors have deeper and more unified ecosystem connectivity.
What recommendations would you give to someone considering this product?
Scanmarket is a great choice for anyone who needs a user-friendly and strong sourcing capability. It strengthens supplier collaborations to boost business productivity.
Pros
- Helps Innovate
- Reliable
- Enables Productivity
- Trustworthy