About Scanmarket
Scanmarket is a procurement software platform from Unit4 that enables procurement, legal, and finance functions to digitalize procurement processes. It combines contract management, spend analytics, and supplier management so organizations can simplify their procurement activities effectively. Scanmarket is recognized for being ranked #1 in Info-Tech’s 2025 Emotional Footprint Report, highlighting its best-of-breed procurement solutions. The platform offers a product overview view, along with project management features to support users in various procurement tasks. Key capabilities: contract management spend analytics supplier management project management product overview Best for: procurement professionals that need to digitalize and manage their sourcing processes efficiently.
Scanmarket by Unit4 is a contract management software designed to streamline procurement and sourcing processes for businesses. It serves as a comprehensive solution for legal, finance, and procurement teams, offering a cloud-based Source-to-Contract (S2C) platform that enhances collaboration, visibility, and efficiency. The software is recognized for its ease of implementation and strong vendor support, making it a reliable choice for organizations seeking to optimize their contract management workflows. The user interface of Scanmarket by Unit4 is designed with simplicity and efficiency in mind. It features an intuitive layout that allows users to navigate seamlessly through various functionalities. The dashboard provides instant access to essential tools, ensuring that users can manage contracts, supplier relationships, and procurement tasks without unnecessary complexity. The software’s design prioritizes user experience, reducing learning curves and enabling quick adoption across teams. Functionality-wise, Scanmarket by Unit4 offers a robust set of features tailored for contract management. It includes spend analytics, eRFx capabilities, eAuction tools, and supplier management functionalities. The contract management module centralizes contracts in a secure repository, providing access-controlled versioning and audit trails.
Pros & Cons
- +1. The software is easy to use.
- +2. It offers very powerful reporting capabilities.
- +3. It is a robust cloud solution that performs well globally.
- +4. It provides a centralized area for contract management with notifications.
- −1. Reporting and workflow are manual until an automatic purchase is made.
- −2. Searching features can be limited when specific criteria are set.
- −3. The Contract List view has a limited window.
- −4. There is a desire for further improvement in reporting and presentation capabilities with more users.
Features
Key features
- 1. Best-of-Breed Source-to-Contract Solution
- This indicates a comprehensive platform that integrates all stages of the procurement process, from initial sourcing to contract management, providing a unified and efficient workflow.
- 2. Streamlined Sourcing Solutions
- The software simplifies the complexities of sourcing events, such as RFPs, making the process more efficient and maximizing the value obtained from these activities.
- 3. Comprehensive Spend Management
- It offers in-depth insights into purchasing patterns, supplier performance, and expenditure trends, enabling organizations to optimize their spending effectively.
- 4. Strong Vendor Support, Ease of Implementation, and Quality Training
- Scanmarket is highly rated for its excellent vendor support, user-friendly implementation process, and effective training programs, ensuring a positive user experience.
- 5. Leading eAuction and eRFx Functionality
- The software excels in its eAuction and eRFx capabilities, which are recognized as best-in-class for efficient and effective electronic bidding and request for information/proposal processes.
Additional features
- 1. Source-to-Contract Solution
- Integrates all stages of procurement from sourcing to contract management.
- 2. Optimize Sourcing
- Streamlines sourcing events like RFPs to maximize value.
- 3. Remove Event Complexities
- Simplifies the process of running sourcing events.
- 4. Maximize Value from Sourcing Activities
- Helps organizations get the most out of their sourcing efforts.
- 5. RFP Management
- Facilitates the creation and management of Requests for Proposals.
- 6. Contract Management
- Provides tools for managing contracts throughout their lifecycle.
- 7. Supplier Management
- Enables effective management of supplier relationships and performance.
- 8. Manage Spend Smarter
- Offers tools and insights for better spend management.
- 9. Optimize Spend
- Helps organizations reduce unnecessary expenditures.
- 10. Comprehensive Insights into Purchasing Patterns
- Provides data on what the organization is buying and how often.
- 11. Supplier Performance Tracking
- Monitors and evaluates the performance of suppliers.
- 12. Expenditure Trends Analysis
- Identifies patterns and trends in spending over time.
- 13. Drive Strategic Value
- Positions procurement as a key contributor to the organization's strategic goals.
- 14. Enhance Cross-Functional Collaboration
- Facilitates better teamwork between different departments involved in procurement.
- 15. Drive Fast User Adoption
- Designed for quick and easy adoption by users.
- 16. People-Centric Implementation
- Focuses on the needs and experiences of the users during implementation.
- 17. Accelerates Time to Value
- Enables organizations to quickly realize the benefits of the software.
Pricing
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Available in
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About Scanmarket
Scanmarket is a procurement software platform from Unit4 that enables procurement, legal, and finance functions to digitalize procurement processes. It combines contract management, spend analytics, and supplier management so organizations can simplify their procurement activities effectively. Scanmarket is recognized for being ranked #1 in Info-Tech’s 2025 Emotional Footprint Report, highlighting its best-of-breed procurement solutions. The platform offers a product overview view, along with project management features to support users in various procurement tasks. Key capabilities: contract management spend analytics supplier management project management product overview Best for: procurement professionals that need to digitalize and manage their sourcing processes efficiently.
Scanmarket Details
Scanmarket's In-App Market Place
Does Scanmarket have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), CHF (CHF), SEK (kr), NOK (kr), DKK (kr), INR (₹), SGD (S$), HKD (HK$), NZD (NZ$)
Pros & Cons
- 1. The software is easy to use.
- 2. It offers very powerful reporting capabilities.
- 3. It is a robust cloud solution that performs well globally.
- 4. It provides a centralized area for contract management with notifications.
- 1. Reporting and workflow are manual until an automatic purchase is made.
- 2. Searching features can be limited when specific criteria are set.
- 3. The Contract List view has a limited window.
- 4. There is a desire for further improvement in reporting and presentation capabilities with more users.
Scanmarket's Support Options
Scanmarket's Alternatives
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