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Scanmarket

Composite Score
8.1 /10
CX Score
8.4 /10
Category
Scanmarket
8.1 /10

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


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Awards & Recognition

Scanmarket won the following awards in the Strategic Sourcing category

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Scanmarket 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


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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?

8% Negative
5% Neutral
87% Positive

Pros

  • Friendly Negotiation
  • Respectful
  • Client Friendly Policies
  • Fair

Feature Ratings

Average 77

Auction Management

91

eAuction Functionality

88

ERFx

84

Procurement Management

80

Communications

78

Supplier Management

77

Contract Management

77

Workflow Management

74

Spend Analysis

72

Vendor Capability Ratings

Average 79

Vendor Support

86

Availability and Quality of Training

85

Ease of IT Administration

83

Ease of Implementation

82

Usability and Intuitiveness

80

Ease of Customization

78

Business Value Created

78

Breadth of Features

77

Product Strategy and Rate of Improvement

75

Quality of Features

75

Ease of Data Integration

74

Scanmarket Reviews

  • Role: Operations
  • Industry: Apparel
  • Involvement: Business Leader or Manager
Validated Review
Anonymous Reviewer

Submitted Dec 2022

Affordable Supplier Management tool

Likeliness to Recommend

9 /10

Pros

  • Trustworthy
  • Efficient Service
  • Effective Service
  • Caring

James K.

  • Role: C-Level
  • Industry: Construction
  • Involvement: Vendor Management and Renewal
Validated Review
Verified Reviewer

Submitted Dec 2022

Great product that delivers results

Likeliness to Recommend

10 /10

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
Validated Review
Verified Reviewer

Submitted Mar 2025

The Role of Market Analysis in Strategic Sourcing

Likeliness to Recommend

9 /10

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

Most Popular Scanmarket Comparisons

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