Scanmarket is a leading procurement software designed to optimize sourcing processes for businesses of all sizes. Catering to procurement professionals seeking efficiency, it offers dynamic e-sourcing, contract management, and supplier collaboration features that distinguish it from competitors.

What are the main features of Scanmarket?

Streamlined E-Sourcing Solutions

Scanmarket’s e-sourcing tools accelerate your procurement initiatives by simplifying and automating everyday tasks. Designed for procurement teams aiming to enhance their competitive edge, it comprises:

• Automated RFx capabilities that drive efficiency and ensure accurate data collection.
• Advanced auctions to facilitate smarter, more competitive bidding.
• Comprehensive spend analytics for greater insights and strategic decision-making.

Efficient Contract Management

Managing contracts is made effortless with Scanmarket. The software aids in maintaining control over agreements, helping businesses minimize risks and maximize value:

• Centralized contract repository for quick access to all your agreements.
• Version control and audit trails to ensure compliance and retain historic integrity.
• Automated alerts for critical deadlines to prevent contractual breaches.

Robust Supplier Collaboration

Fostering strong supplier relationships is crucial for any organization. Scanmarket enhances communication and collaboration with suppliers through its:

• Supplier information management to maintain accurate, up-to-date profiles.
• Performance evaluation tools for regular assessments and feedback.
• Seamless integration with existing systems for a holistic view of supplier interactions.