Scanmarket Logo Award Winner Product Badge
Scanmarket Logo Award Winner Product Badge
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Scanmarket

Composite Score
7.9 /10
CX Score
8.1 /10
Category
Scanmarket
7.9 /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

89 Plan to Renew

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.

+84 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?

9% Negative
5% Neutral
86% Positive

Pros

  • Friendly Negotiation
  • Respectful
  • Client Friendly Policies
  • Fair

Feature Ratings

Average 77

Auction Management

91

eAuction Functionality

88

ERFx

84

Procurement Management

81

Communications

77

Supplier Management

76

Contract Management

76

Workflow Management

73

Spend Analysis

71

Vendor Capability Ratings

Average 79

Availability and Quality of Training

85

Vendor Support

85

Ease of IT Administration

82

Ease of Implementation

82

Usability and Intuitiveness

80

Business Value Created

78

Ease of Customization

78

Breadth of Features

76

Quality of Features

75

Ease of Data Integration

75

Product Strategy and Rate of Improvement

74

Scanmarket Reviews

Sam J.

  • Role: Information Technology
  • Industry: Food and Beverage
  • Involvement: IT Leader or Manager
Validated Review
Verified Reviewer

Submitted Jan 2022

Easy to use, cost effective and great support

Likeliness to Recommend

10 /10

What differentiates Scanmarket from other similar products?

Simple to use

What is your favorite aspect of this product?

Simplicity

What do you dislike most about this product?

No live chat functionality (although a quick call function does exist)

What recommendations would you give to someone considering this product?

Ensure to use auto reminders feature on the contracts module - really helpful.

Pros

  • Helps Innovate
  • Continually Improving Product
  • Reliable
  • Performance Enhancing
  • Role: Vendor Management
  • Industry: Construction
  • Involvement: Business Leader or Manager
Validated Review
Anonymous Reviewer

Submitted Jan 2022

Great team, good product developing +capabilities

Likeliness to Recommend

8 /10

Pros

  • Reliable
  • Performance Enhancing
  • Enables Productivity
  • Trustworthy

Cons

  • Vendor's Interest First

Paola G.

  • Role: Finance
  • Industry: Retail
  • Involvement: Vendor Selection and Purchasing
Validated Review
Verified Reviewer

Submitted Jan 2022

very easy to work with

Likeliness to Recommend

8 /10

What differentiates Scanmarket from other similar products?

the way it includes several steps of the procurement process , making easy to manage a whole project in one platform and comunnicating with your group of vendors

What is your favorite aspect of this product?

its very easy to use and has a great client service

What do you dislike most about this product?

i dont dislike this product but some minor feature bugs could be fixed such as not being able to use proxy bids in a few events such as cherrylot auction and sometimes i cant chose that option before seding the vendor invitations, another thing is the way it calculates a saving % based on the highest bid i got,i dont find that helpful at all in my case, it throws my internal users off during events, so i would prefer being able to choose if i want to see it or not, in my case i would only need to see savings based on my actual current price.

What recommendations would you give to someone considering this product?

i would tell them is a great tool to optimize process but would recommend that they make some mock events and practice before actually jumping into action and request regular trainings from scanmarket to make sure everybody is using it correctly.

Pros

  • Reliable
  • Enables Productivity
  • Efficient Service
  • Effective Service

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