
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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Real user data aggregated to summarize the product performance and customer experience.
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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

NINKAL G.
- Role: Information Technology
- Industry: Technology
- Involvement: IT Leader or Manager
Submitted Jan 2025
"Easy to use" "Fantastic product!"
Likeliness to Recommend
What differentiates Scanmarket from other similar products?
Scanmarket differentiates itself from other strategic sourcing and procurement platforms through its ease of use, advanced e-auctions, and focus on spend management automation.
What is your favorite aspect of this product?
User-Friendly Interface Real-Time Bidding Analytics Increased Supplier Engagement Configurable Auction Strategies
What do you dislike most about this product?
Customization Required ERP & CRM Gaps Potential IT Involvement:
What recommendations would you give to someone considering this product?
1. Define Your Key Use Cases & Priorities 2. Leverage Scanmarket鈥檚 E-Auction Capabilities 3. Ensure Compatibility with Your ERP & Procurement Systems 4. Plan for User Training & Change Management
Pros
- Reliable
- Enables Productivity
- Trustworthy
- Unique Features

Shivani D.
- Role: Information Technology
- Industry: Engineering
- Involvement: End User of Application
Submitted Jan 2025
Comprehensive sourcing platform for procurement.
Likeliness to Recommend
What differentiates Scanmarket from other similar products?
Scanmarket stands out with > focus on end-to-end sourcing > offers tool for supplier management, auctions, and contract lifecycle > user-friendly interface and strong analytics features > provides businesses with a comprehensive solution for optimizing procurement processes
What is your favorite aspect of this product?
My favorite aspect of Scanmarket is > advanced analytics capabilities, that provide valuable insights into sourcing performance > helps make data-driven decisions and optimize procurement strategies more effectively
What do you dislike most about this product?
What I dislike most about Scanmarket is > the interface can be overwhelming for new users > complex features require a significant amount of time to learn > it is quite challenging for teams unfamiliar with sourcing platforms.
What recommendations would you give to someone considering this product?
I recommend Scanmarket for > businesses looking for a comprehensive sourcing platform with strong analytics > businesses need to be prepared for a learning curve, especially if their team is new to procurement tools > organizations seeking to optimize and streamline their sourcing processes
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing
- Role: Operations
- Industry: Finance
- Involvement: Vendor Management and Renewal
Submitted Jan 2025
good, growing product
Likeliness to Recommend
Pros
- Trustworthy
- Client Friendly Policies
- Fair
- Altruistic