Scanmarket Reviews

Name: Scanmarket
Brand: Unit4

Vendor: Unit4

What is Scanmarket?

Scanmarket offers a specialized eSourcing platform designed to streamline procurement and sourcing processes. Known for its robust functionality, Scanmarket facilitates efficient management and negotiation for companies aiming to enhance sourcing strategies.

Scanmarket mindshare

Product category:

As of September 2025, the mindshare of Scanmarket in the Service Contract Management category stands at 18.1%, up from 6.9% compared to the previous year, according to calculations based on PeerSpot user engagement data.

Service Contract Management Market Share Distribution
Product	Market Share (%)
Scanmarket	18.1%
PeopleSoft Enterprise Supplier Contract Management	19.5%
JAGGAER Total Contract Manager	17.8%
Other	44.599999999999994%

Service Contract Management

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Learn more about Scanmarket

Designed specifically for procurement professionals, Scanmarket provides advanced capabilities for eAuction and strategic sourcing. Its comprehensive tools are tailored to optimize supplier engagement and sourcing events. While powerful and feature-rich, there is potential for improvement in reporting functionalities and integration options with existing procurement systems.

What are the most important features of Scanmarket?

eAuction: Engage with suppliers through competitive online auctions to drive cost savings.
Spend Analysis: Gain insights into spending patterns to uncover saving opportunities and manage budgets better.
Supplier Management: Develop and maintain strong supplier relationships with in-depth performance tracking.
Contract Management: Efficiently handle contracts with traceability and compliance checks.

What benefits and ROI can be expected from using Scanmarket?

Cost Reduction: Achieve significant savings through effective auction strategies.
Process Efficiency: Streamline procurement tasks, reducing time and errors.
Improved Compliance: Ensure adherence to contract terms and organizational policies.
Data-Driven Decisions: Leverage analytics for strategic sourcing decisions based on clear data.

In the manufacturing sector, Scanmarket proves effective for handling complex supplier frameworks and global procurement operations. Retail businesses benefit from its capability to negotiate and manage a high volume of transactions. In the public sector, Scanmarket aligns with transparency requirements, delivering efficient procurement processes.

Scanmarket was previously known as Compliance Solutions, Symfact Compliance Solutions.